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Nonprofiteer
← GIMMEL FOUNDATION INC

Form 990 for tax year 2025

Filed by GIMMEL FOUNDATION INC.

Totals

Total revenue
$379,733
Total expenses
$344,782
Contributions and grants received
$329,511
Grants paid
$291,000
Program service revenue
$0
Investment income
$50,222
Other revenue
$0
Total assets, end of year
$1,660,672
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,660,672
Program services expenses (Part IX)
$312,500
Management and general expenses
$10,375
Fundraising expenses
$21,907
Program service expenses (Part III)
$312,500

Program services were 90.6% 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

    $329,511

  • 3 · Investment income

    total $50,222 · excluded $50,222

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $12,000 · program services $12,000

  • 3 · Grants to foreign organizations and individuals

    total $279,000 · program services $279,000

  • 5 · Compensation of officers, directors and key employees

    total $42,500 · program services $21,500 · fundraising $21,000

  • 11c · Fees: accounting

    total $10,000 · management and general $10,000

  • 13 · Office expenses

    total $72 · management and general $72

  • 17 · Travel

    total $907 · fundraising $907

  • 19 · Conferences, conventions and meetings

    total $175 · management and general $175

  • 24a · Other expenses: Postage and Delivery

    total $275 · management and general $275

  • 24b · Other expenses: Filing Fees

    total $103 · management and general $103

  • 24c · Other expenses: Bank Fees

    total -$250 · management and general -$250

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $75,978 · end of year $82,706

  • 2 · Savings and temporary cash investments

    beginning of year $36,258 · end of year $72,401

  • 11 · Investments: publicly traded securities

    beginning of year $1,097,900 · end of year $1,153,591

  • 12 · Investments: other securities

    beginning of year $356,668 · end of year $351,974

  • 27 · Net assets without donor restrictions

    beginning of year $684,368 · end of year $737,423

  • 28 · Net assets with donor restrictions

    beginning of year $882,436 · end of year $923,249

Mission and programs · 2025

Mission

The Gimmel Foundation has been working since its inception in 1973, in the greater Kiryat Malachi Area in Israel. The Foundation offers a variety of after school programs to the children of the area.

Activities or mission (Part I)

The Gimmel Foundation has been working since its inception 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 since 1973 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 $300,500 · Grants $279,000

  • Contribution to Dalet Foundation which is similar to the working of the Gimmel Foundation and supports Educational Initiatives in Israel.

    Expenses $12,000 · Grants $12,000

As filed on the 2025 return.

Listed in Part VII

  • Harris Guedalia

    President

    Total calculated
    $0
    Hours/week
    40

  • Rose Edinger

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Eitan Kupietzky

    Vice President

    Total calculated
    $0
    Hours/week
    20

  • 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
2025
Filed
21 July 2026
IRS schema version
2025v4.2
Source object
202632029349300738

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