Well Told Grants

Foundations / New Jersey

Best of Chai Corp

Preselected recipients only Somers Point, New Jersey · EIN 823402562

Best of Chai Corp is a private foundation in Somers Point, New Jersey. In tax year 2024 it gave $225,000 in 7 grants; the typical grant was $25,000 and the largest $72,000. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was down from $228,000 the year before.

14% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$228,00010$4.5 million
2024$225,0007$4.7 million

How to apply

Best of Chai Corp says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What Best of Chai Corp funds

Where it gives

Its grants went to recipients in 2 states, the most to New Jersey.

StateGrantsAmount
New Jersey6$207,000
New York1$18,000

Grants paid in 2024

All 7 grants
RecipientPurposeAmount
Boys & Girls Club of Atlantic City
Atlantic City, NJ
Unrestricted$72,000
Jewish Family Service
Margate, NJ
Unrestricted$48,000
Jewish Older Adult Services of Atlantic County
Atlantic City, NJ
Unrestricted$36,000
Jewish Community Center of Margate
Margate, NJ
Unrestricted$25,000
Community Food Bank of NJ Inc
Hillside, NJ
Unrestricted$18,000
Birthright Israel Foundation
New York, NY
Unrestricted$18,000
Big Brothers & Sisters
Northfield, NJ
Unrestricted$8,000

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Best of Chai Corp accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Best of Chai Corp give?

$225,000 in tax year 2024, across 7 grants, with a typical grant of $25,000.

Who runs Best of Chai Corp?

Its 2024 filing lists Martin Wood (Trustee), Herb Stern (Trustee), Kenneth Mackler (Trustee) and Robert Kiejdan (Trustee) among 7 officers and trustees.

What does Best of Chai Corp fund?

Based on its grants, mainly faith communities and youth programs.

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