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Maalot

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

EIN: 472059755 ✦ Lawrence, NY ✦ Designated as a 501(c)(3)

Overview

What is Maalot?

Maalot is a dedicated nonprofit organization situated in Lawrence, New York. Their primary objective is to serve their fundholders by managing their charitable contributions with utmost integrity and respect. Fundholders have the opportunity to recommend how their donations are allocated to various charitable organizations. Maalot ensures administrative efficiency, economic advantage, and personal reward for their donors by simplifying the grantmaking process and safeguarding confidentiality. They facilitate intergenerational philanthropy, enabling contributions to flow smoothly into the charitable stream. Maalot operates a Donor-Advised Fund, providing services to donors in a manner that allows them to realize their charitable giving effectively.


Is Maalot legitimate?

Maalot is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maalot 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: $3,462

For more financial information, click here


What is the mission statement of Maalot?
Who is the CEO of Maalot?
What is the revenue of Maalot?
Who are the executives of Maalot and what are their salaries?
Where can I find the form 990 for Maalot?

Mission Statement of Maalot

Maalot, a nonprofit organization, is dedicated to facilitating charitable giving for its donors. They maintain a donor-advised fund, enabling donors to efficiently and personally rewarding realize their philanthropic aspirations. The organization's mission is to serve its fundholders by treating their charitable dollars with utmost integrity and respect. Maalot's donors hold the privilege of recommending how their contributions are allocated to various charitable organizations. The organization upholds its commitment to fundholders by providing services that streamline the grantmaking process, ensuring contributions flow swiftly and effortlessly into the charitable stream. Additionally, Maalot safeguards confidentiality and fosters intergenerational philanthropy, making charitable giving a rewarding experience for its donors.

Impact

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




Saturday, July 20, 2024

Maalot has a significant impact by maintaining a donor-advised fund that allows donors to efficiently and effectively allocate their charitable contributions to various charitable organizations. The organization is dedicated to serving its fundholders with integrity and respect, ensuring that their charitable giving is both administratively efficient and personally rewarding. By simplifying the grantmaking process, safeguarding confidentiality, and facilitating intergenerational philanthropy, Maalot enables donors to make a meaningful impact in their communities and beyond.





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 2021.

  • Investment Income: $9,303
  • Program Service Revenue: $0
  • Gross Receipts: $4,175,926

    • Assets and Liabilities:
  • Total Assets: $8,839,184
  • Total Liabilities: $0
  • Net Assets: $8,839,184
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Uri Dreifus

    Main Address

    207 ROCKAWAY TPKE, LAWRENCE, NY, 11559

    NTEE Category

    Code: X30 - Religion related

    If you are a representative of Maalot 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.