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The Ojc Fund

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

EIN: 113618879 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is The Ojc Fund?

The Ojc Fund is a nonprofit organization based in Brooklyn, New York, with a team of nine dedicated individuals. Their mission is to maintain a donor-advised fund, where they honor their commitment to fundholders by facilitating personally rewarding and administratively efficient charitable giving. By simplifying the grantmaking process and safeguarding confidentiality, they ensure charitable contributions flow smoothly into their intended organizations. Intergenerational philanthropy is also supported. The Ojc Fund takes its responsibility to its fundholders seriously, treating them with integrity and respect, allowing them to recommend allocations to various charitable organizations.


Official website here: www.ojcfund.org

Is The Ojc Fund legitimate?

The Ojc Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ojc Fund 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.

Here are some key statistics you may want to consider:

Executive Compensation: $1,026,747
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,910

For more financial information, click here


Official website here: www.ojcfund.org

What is the mission statement of The Ojc Fund?

The Ojc Fund is committed to maintaining a donor-advised fund, focusing on serving its fundholders with integrity and respect. Their responsibility lies in honoring the commitment to fundholders by providing efficient and personally rewarding charitable giving services. These services simplify the grantmaking process, allowing contributions to flow smoothly into the charitable stream. The fund prioritizes confidentiality and facilitates intergenerational philanthropy, ensuring a seamless experience for its clients. The primary objective is to support fundholders in their charitable endeavors, creating a meaningful and rewarding experience while making a positive impact on various organizations.


Official website here: www.ojcfund.org

Who is the CEO of The Ojc Fund?

Kalmen Ekstein is the Treasurer & Chief Financial Officer of The Ojc Fund. The CEO's salary of The Ojc Fund is $406,055 and their total compensation is $434,368.


Official website here: www.ojcfund.org

What is the revenue of The Ojc Fund?

The Ojc Fund's revenue in 2022 was $268,071,106.


Official website here: www.ojcfund.org

Who are the executives of The Ojc Fund and what are their salaries?

The average compensation at The Ojc Fund during 2022 was $131,629. There are 9 employees and 1 volunteers at The Ojc Fund.

Here are 3 key members and their salaries (The Ojc Fund's CEO's salary is $406,055 and their total compensation is $434,368):

    Efraim Sofer (President & Chief Executive Officer) [Trustee/Director]
  • Compensation: $406,055
  • Related: $0
  • Other: $28,313

    • Kalmen Ekstein (Treasurer & Chief Financial Officer) [Trustee/Director]
  • Compensation: $370,988
  • Related: $0
  • Other: $36,947

    • Nathan Smaia (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ojcfund.org

    Where can I find the form 990 for The Ojc Fund?

    The The Ojc Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ojcfund.org

    Learn more at the official website: www.ojcfund.org

    Mission Statement of The Ojc Fund

    The Ojc Fund, a donor-advised fund organization, is committed to honoring its fundholders by providing efficient and rewarding charitable giving services. Established with a mission to maintain a donor-advised fund, The Ojc Fund takes its responsibility toward its donors seriously. By offering services that simplify the grantmaking process, ensure confidentiality, and facilitate intergenerational philanthropy, The Ojc Fund strives to make charitable giving an administratively efficient, economically advantageous, and personally rewarding experience for its fundholders.

    The organization prides itself on its dedication to treating fundholders with integrity and respect. Donors are granted the opportunity to recommend how their charitable contributions are allocated to various charitable organizations, and The Ojc Fund honors this commitment by streamlining the grantmaking process. Contributions flow quickly and easily into the charitable stream, enabling donors to see the impact of their giving in a timely manner. Additionally, the organization safeguards confidentiality, allowing donors to maintain anonymity if desired. These services enable The Ojc Fund to foster a meaningful and personal connection between donors and the causes they support.

    In summary, The Ojc Fund, a donor-advised fund organization, is dedicated to honoring its fundholders by providing efficient and rewarding charitable giving services. Through its commitment to simplifying the grantmaking process, ensuring confidentiality, and facilitating intergenerational philanthropy, The Ojc Fund strives to make charitable giving an administratively efficient, economically advantageous, and personally rewarding experience for its donors.

    Impact

    This information is meant to be a general summary of The Ojc Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Ojc Fund impacts charitable giving by maintaining a donor-advised fund that helps fundholders efficiently allocate their charitable contributions to various organizations. By simplifying the grantmaking process, safeguarding confidentiality, and facilitating intergenerational philanthropy, The Ojc Fund ensures that donations flow quickly and easily into the charitable stream. This not only makes charitable giving administratively efficient but also economically advantageous and personally rewarding for fundholders.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-31,273
  • Program Service Revenue: $0
  • Gross Receipts: $270,965,062

    • Assets and Liabilities:
  • Total Assets: $45,341,416
  • Total Liabilities: $26,606
  • Net Assets: $45,314,810
  • Organization Details

    Founding Year

    2001

    Principal Officer

    Kalmen Ekstein

    Main Address

    1303 53RD STREET 303, BROOKLYN, NY, 11219

    NTEE Category

    Code: X30 - Religion related

    If you are a representative of The Ojc Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.