Deitch Family Charitable Support Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 874020461 ✦ Miami beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Deitch Family Charitable Support Trust?

The Deitch Family Charitable Support Trust is a philanthropic organization located at 100 South Pointe Drive, Suite 2305, Miami Beach, Florida, with a ZIP code of 33139. The Trust's primary function is to support and implement charitable, religious, literary, scientific, and educational initiatives. It achieves this goal by providing financial assistance and other forms of aid to the Dechomai Foundation, Inc., and its beneficiaries, as directed by Dechomai.

What are the reviews and ratings of this charity?

The Deitch Family Charitable Support Trust is not currently rated by Charity Navigator due to insufficient data, primarily because they have only one year of electronically-filed IRS Form 990. This lack of rating does not suggest an implicit positive or negative stance towards the organization, but rather a need for additional data to accurately evaluate their performance.

Charity Navigator notes that historic ratings did not encompass aspects like Leadership & Adaptability or Impact & Measurement, which are crucial for a comprehensive assessment. The organization must continue e-filing Forms 990 for more fiscal years to become eligible for a full evaluation on aspects such as Accountability & Finance or Impact & Measurement.

Although specific details such as total revenue, expenses, and trustee compensation ($0 for all listed trustees) are available, the organization currently lacks an Impact & Measurement score, as well as a Culture & Community rating. This is attributed to the absence of comprehensive data on constituent feedback or their equality practices, thus leaving these areas unassessed.


This AI summary has been generated from information found on Charity Navigator.

Is Deitch Family Charitable Support Trust legitimate?

Deitch Family Charitable Support Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deitch Family Charitable Support Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Deitch Family Charitable Support Trust?

The Deitch Family Charitable Support Trust is established to carry out charitable, religious, literary, scientific, and educational functions. It achieves this goal by offering financial assistance and aid to the Dechomai Foundation, Inc. and its beneficiaries, as directed by Dechomai. The trust's primary objective is to support various charitable activities, including religious, literary, scientific, and educational initiatives. Through its financial contributions, the trust aims to make a positive impact on these areas and contribute to the betterment of society. The trust's commitment extends to providing support to the Dechomai Foundation, ensuring that it can continue to pursue its objectives effectively. By doing so, the Deitch Family Charitable Support Trust plays a crucial role in contributing to the welfare of the communities it serves.

Who is the CEO of Deitch Family Charitable Support Trust?

Eric Brenman is the Trustee of Deitch Family Charitable Support Trust.

What is the revenue of Deitch Family Charitable Support Trust?

Deitch Family Charitable Support Trust's revenue in 2022 was $30,642,290.

Who are the executives of Deitch Family Charitable Support Trust and what are their salaries?


Here are 5 key members and their salaries:


Joseph S Deitch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew F Deitch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Brenman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Boyett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanjiv Mirchandani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Deitch Family Charitable Support Trust?

Deitch Family Charitable Support Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Deitch Family Charitable Support Trust

The Deitch Family Charitable Support Trust is a philanthropic organization dedicated to carrying out charitable, religious, literary, scientific, and educational functions. It achieves this mission by providing financial assistance and other forms of aid to the Dechomai Foundation, Inc. and its beneficiaries, as instructed by Dechomai.

This charitable trust prioritizes making a difference in various domains, including the realms of charity, religion, literature, science, and education. By offering financial support and additional resources, it empowers the Dechomai Foundation to amplify its impact on these areas. The trust's commitment extends to helping the beneficiaries of the Dechomai Foundation, ensuring their needs are met and their potential is realized.

The Deitch Family Charitable Support Trust's unwavering dedication to supporting charitable causes and other noble pursuits is the cornerstone of its mission. Through its strategic investments, it serves as a vital partner to the Dechomai Foundation, enabling it to further its noble objectives and create lasting change.

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Impact




October, 2024

The Deitch Family Charitable Support Trust plays a significant role in fostering charitable, religious, literary, scientific, and educational initiatives primarily through financial contributions and support to the Dechomai Foundation, Inc. Based in Miami Beach, the Trust focuses on uplifting various communities and beneficiaries designated by Dechomai, thereby enhancing the quality of life and access to essential resources.

By providing targeted funding, the Trust contributes to impactful projects and programs that drive social change and educational advancement. This financial backing empowers recipients to pursue innovative solutions and create lasting benefits within their respective fields, making a considerable difference in the lives of individuals and communities. The overall impact of the Deitch Family Charitable Support Trust is evident in the enhanced opportunities and support it creates for those it assists, reflecting a strong commitment to philanthropy and community development.




This information is meant to be a general summary of Deitch Family Charitable Support Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$30,642,290 (2022)
Expenses
$380,345 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $137,632
  • Gross Receipts: $30,642,290

Assets and Liabilities:

  • Total Assets: $30,529,408
  • Total Liabilities: $373,439
  • Net Assets: $30,155,969

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Organization Details

Founding Year

2021

Principal Officer

Eric Brenman

Main Address

100 SOUTH POINTE DRIVE 2305, MIAMI BEACH, FL, 331397348

NTEE Category

Code: T11 - Philanthropy

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