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Tov Vchesed Foundation Inc

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

EIN: 273994158 ✦ Monsey, NY ✦ Designated as a 501(c)(3)

Overview

What is Tov Vchesed Foundation Inc?

The Tov Vchesed Foundation Inc is a charitable organization based in Monsey, New York, with a post office box address at PO BOX 855, ZIP code 10952. Their primary mission is to support other charitable organizations that provide monetary aid to financially disadvantaged individuals. With a modest workforce of eight dedicated employees, the foundation contributes significantly to the cause. Their purpose is to make a difference in people's lives by empowering other charitable organizations to offer essential financial assistance.


Official website here: www.tovvchesed.com

Is Tov Vchesed Foundation Inc legitimate?

Tov Vchesed Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tov Vchesed Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $156,773

For more financial information, click here


Official website here: www.tovvchesed.com

What is the mission statement of Tov Vchesed Foundation Inc?

The Tov Vchesed Foundation Inc is dedicated to supporting charitable organizations that offer financial aid to those in need. Their mission is geared towards assisting indigent individuals through the initiatives of these charitable entities. By providing financial assistance, these organizations play a crucial role in alleviating the financial burdens faced by many, thereby contributing to their overall well-being. The Foundation's focus on charitable organizations that prioritize financial assistance to indigent individuals allows it to make a significant impact in the lives of those who need it most. Their unwavering commitment to this cause ensures that support continues to reach those in need, offering them a vital lifeline during challenging times.


Official website here: www.tovvchesed.com

Who is the CEO of Tov Vchesed Foundation Inc?

Meyer Jacobowitz is the President of Tov Vchesed Foundation Inc.


Official website here: www.tovvchesed.com

What is the revenue of Tov Vchesed Foundation Inc?

Tov Vchesed Foundation Inc's revenue in 2022 was $14,311,647.


Official website here: www.tovvchesed.com

Who are the executives of Tov Vchesed Foundation Inc and what are their salaries?

The average compensation at Tov Vchesed Foundation Inc during 2022 was $19,597. There are 8 employees and 4 volunteers at Tov Vchesed Foundation Inc.

Here are 3 key members and their salaries:

    Amrom Weisz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meyer Jacobowitz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abraham Paskesz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tovvchesed.com

    Where can I find the form 990 for Tov Vchesed Foundation Inc?

    The Tov Vchesed Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tovvchesed.com

    Learn more at the official website: www.tovvchesed.com

    Mission Statement of Tov Vchesed Foundation Inc

    Tov Vchesed Foundation Inc, a charitable organization, is dedicated to supporting other nonprofits in their mission to provide financial assistance to indigent individuals. By lending a helping hand to these organizations, Tov Vchesed Foundation plays a crucial role in making a difference in the lives of those in need.

    The foundation's unwavering commitment to charitable work is evident in its mission. Tov Vchesed Foundation Inc focuses on partnering with nonprofit organizations that offer vital financial assistance to individuals who are indigent. By doing so, it extends its reach to a broader audience, amplifying the impact of the supported organizations and ultimately, improving the lives of those they serve.

    In essence, Tov Vchesed Foundation Inc acts as a catalyst, facilitating meaningful change and offering hope to those who are struggling financially. By empowering other nonprofits through its support, it enables them to continue their essential work and provide necessary aid to those in need. Together, Tov Vchesed Foundation and its partner organizations form a powerful alliance, working tirelessly to improve the lives of indigent individuals.

    Impact

    This information is meant to be a general summary of Tov Vchesed Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Tov Vchesed Foundation Inc makes a significant impact by supporting charitable organizations that provide essential financial assistance to indigent individuals. Through their efforts, they help ensure that those in need receive the vital support required to improve their quality of life. This work not only addresses immediate financial challenges but also contributes to the overall well-being and stability of these individuals and communities.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $14,311,647

    • Assets and Liabilities:
  • Total Assets: $490,112
  • Total Liabilities: $3,417,146
  • Net Assets: -$2,927,034
  • Organization Details

    Founding Year

    2011

    Principal Officer

    Meyer Jacobowitz

    Main Address

    PO BOX 855, MONSEY, NY, 10952

    NTEE Category

    Code: Q33 - International

    If you are a representative of Tov Vchesed Foundation Inc 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.