Totals
- Total revenue
- $263,300
- Total expenses
- $340,222
- Contributions and grants received
- $217,563
- Grants paid
- $275,797
- Program service revenue
- $0
- Investment income
- $45,737
- Other revenue
- $0
- Total assets, end of year
- $1,566,804
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,566,804
- Program services expenses (Part IX)
- $297,297
- Management and general expenses
- $21,027
- Fundraising expenses
- $21,898
- Program service expenses (Part III)
- $297,297
Program services were 87.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$217,563
-
3 · Investment income
total $48,494 · excluded $48,494
-
7a · Gross sales of assets other than inventory
securities $94,275
-
7b · Less cost or other basis and sales expenses
securities $97,032
-
7c · Gain or loss
securities -$2,757
-
7d · Net gain or loss
total -$2,757 · unrelated business -$2,757
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $15,000 · program services $15,000
-
3 · Grants to foreign organizations and individuals
total $260,797 · program services $260,797
-
5 · Compensation of officers, directors and key employees
total $42,500 · program services $21,500 · fundraising $21,000
-
11c · Fees: accounting
total $20,000 · management and general $20,000
-
13 · Office expenses
total $30 · management and general $30
-
17 · Travel
total $898 · fundraising $898
-
19 · Conferences, conventions and meetings
total $465 · management and general $465
-
24a · Other expenses: Filing Fees
total $550 · management and general $550
-
24b · Other expenses: Dues and Subscriptions
total $49 · management and general $49
-
24c · Other expenses: Postage and Delivery
total $33 · management and general $33
-
24d · Other expenses: Bank Fees
total -$100 · management and general -$100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $176,639 · end of year $75,978
-
2 · Savings and temporary cash investments
beginning of year $37,270 · end of year $36,258
-
11 · Investments: publicly traded securities
beginning of year $1,160,314 · end of year $1,097,900
-
12 · Investments: other securities
beginning of year $315,953 · end of year $356,668
-
27 · Net assets without donor restrictions
beginning of year $793,595 · end of year $684,368
-
28 · Net assets with donor restrictions
beginning of year $896,581 · end of year $882,436
Mission and programs · 2024
Mission
The Gimmel Foundation has been working for over 25 years in the greater Kiryat Malachi Area in Israel. The Foundation offers a variety of after school programs to the children of the area.
-
The Gimmel Foundation has been working for over 25 years in the greater Kiryst Malachi area in Israel (The Southern Region).The Foundation offers a variety of after school programs to the children of the area. During this time, the Foundation has established after school programs in 13 schools and 14 community centers for new immigrant Ethiopoian and Israeli children; initiated the pyramid teaching/tutoring program; encouraged visits by teachers and tutors to homes of children to help with social problems; distributed food and clothing;maintained a summer day camp. This has resulted in school grades improving and children feeling better about school and particularly their Teachers. In addition, Gimmel has encouraged student community service, integration into local social setting and the acquisition of a work ethic.
Expenses $282,297 · Grants $260,797
-
Contribution to Dalet Foundation which is similar to the working of the Gimmel Foundation and supports Educational Initiatives in Israel.
Expenses $15,000 · Grants $15,000
As filed on the 2024 return.
Listed in Part VII
-
Harris Guedalia
Vice President
- Total calculated
- $0
- Hours/week
- 40
-
Rose Edinger
President / Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Eitan Kupietzky
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Joshua Guedalia
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Stuart Geller
Vice President
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503039349301940
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