Chesed Foundation of America
Preselected recipients only
Chesed Foundation of America is a private foundation in New York, New York. In tax year 2024 it gave $18.2 million in 2 grants; the typical grant was $9.1 million and the largest $13.5 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$18.2 million
- Number of grants2
- Typical grant$9.1 million
- Largest grant$13.5 million
- Assets$243 million
- New grantees50%
Giving in 2024 was up from $3.8 million the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $3.8 million | 1 | $238 million |
| 2024 | $18.2 million | 2 | $243 million |
How to apply
Chesed Foundation of America 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.
What Chesed Foundation of America funds
Where it gives
All of its grants went to recipients in New York.
| State | Grants | Amount |
|---|---|---|
| New York | 2 | $18.2 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Congregation Chemdas Yisroel Inc | Amounts are given to cover operating expenses for schools and synagogues as well as educational scholarships and assistance to the needy. | $13.5 million |
| See Attached Schedule | Amounts are given to cover operating expenses for schools and synagogues as well as educational scholarships and assistance to the needy. | $4.7 million |
Officers and trustees
- George Karfunkel
- Rene Karfunkel
- Bernard Karfunkel
- Henry Reinhold
Questions people ask
Does Chesed Foundation of America accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Chesed Foundation of America give?
$18.2 million in tax year 2024, across 2 grants, with a typical grant of $9.1 million.
Who runs Chesed Foundation of America?
Its 2024 filing lists George Karfunkel (President), Rene Karfunkel (Vice President), Bernard Karfunkel (Trustee) and Henry Reinhold (Vice President).
What does Chesed Foundation of America fund?
Based on its grants, mainly education, faith communities and human services.