The Ojc Fund
99% goes to programs $0 to raise $100 Growing revenue
The Ojc Fund is a 501(c)(3) organization based in Brooklyn, New York, registered in 2002, with $386,618,513 in FY2023 revenue. CharityIndex grades it B+, and it directs about 99% of spending to programs.
1303- 53rd St Ste 303, Brooklyn, NY, 11219 EIN 11-3618879 Since 2002
Revenue (FY2023)
$386.6M
▲ 10.2% vs prior year
Education median: $200K
Expenses (FY2023)
$395.1M
Net assets
$46.1M
Employees
13
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
A+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Ojc Fund: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Ojc Fund: 1 mo reserves · -2% margin earns a C+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Ojc Fund: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Ojc Fund: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To maintain a donor advised fund by honoring our commitment to fundholders by providing services to make their charitable giving administratively efficient, and personally rewarding.
Contact & location
- Address
- 1303- 53rd St Ste 303, Brooklyn, NY, 11219
- City
- Brooklyn
- State
- New York
- Category
- Education
- Subcategory
- Educational Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $400K (FY2009) to $386.6M (FY2023) across 12 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $18KNet assets $46.1M
Operating margin
-2.2%
Spent more than it raised in the latest fiscal year.
Total assets
$46.1M
Total liabilities
$18K
Net assets
$46.1M
Salaries & benefits
$2.0M
1% of expenses
Board members
3
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $386,618,513▲10.2% | $395,131,291▲15.2% | $46,075,191▼14.6% | $46,092,755▼14.6% | 990 |
| 2022 | $350,687,480▲30.8% | $342,966,067▲39.5% | $53,931,438▲19.0% | $53,969,063▲19.0% | 990 |
| 2021 | $268,071,106▲96.0% | $245,844,991▲95.0% | $45,314,810▲92.4% | $45,341,416▲92.4% | 990 |
| 2020 | $136,800,085▲68.9% | $126,046,014▲61.1% | $23,550,348▲91.5% | $23,560,613▲90.8% | 990 |
| 2019 | $81,010,563▲24.3% | $78,247,931▲27.4% | $12,300,527▲29.0% | $12,347,929▲29.3% | 990 |
| 2018 | $65,149,094▲37.8% | $61,417,858▲36.1% | $9,537,895▲64.3% | $9,549,307▲64.4% | 990 |
| 2017 | $47,282,104▲64.7% | $45,130,021▲63.4% | $5,806,659▲58.9% | $5,808,310▲58.9% | 990 |
| 2016 | $28,710,163▲70.0% | $27,622,516▲78.9% | $3,654,576▲42.4% | $3,656,150▲42.4% | 990 |
| 2015 | $16,887,507▲117% | $15,442,257▲110% | $2,566,929▲129% | $2,568,288▲126% | 990 |
| 2014 | $7,777,867▲82.7% | $7,349,897▲89.0% | $1,121,679▲61.7% | $1,134,675▲60.9% | 990 |
| 2013 | $4,257,892 | $3,889,382▲17.3% | $693,709▲147% | $705,075▲110% | 990 |
| 2012 | — | $3,314,903▲195% | $281,030▲268% | $334,964▲134% | 990 |
| 2011 | — | $1,123,859▲179% | $76,446▲218% | $143,059▲495% | 990 |
| 2009 | $400,051 | $402,543 | $24,045 | $24,045 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Efraim Sofer — $923,544 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Efraim Sofer | President & Chief Executive Officer | 40 | $923,544 |
| Kalmen Ekstein | Treasurer & Chief Financial Officer | 40 | $903,557 |
| Nathan Smaia | Secretary | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Jw Group Inc | Sales & Promotion Services | $746,653 |
| Professional Systems Design LLC | Software Maintenance | $511,968 |
Grants received · $87.2M total
71 grants to The Ojc Fund totaling $87.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2024 | $27,678,081 |
| American Endowment Foundation | Religion | 2024 | $585,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $230,652 |
| Paypal Charitable Giving Fund | — | 2023 | $16,713,701 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $3,147,749 |
| American Endowment Foundation | Religion | 2023 | $534,727 |
| Associated Jewish Charities of Baltimore | General support | 2023 | $150,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $119,500 |
| Independent Charitable Gift Fund | General support | 2023 | $97,778 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $78,800 |
| National Philanthropic Tr | Education | 2023 | $60,750 |
| Donor Advised Charitable Giving | Education | 2023 | $37,101 |
| American Online Giving Foundation Inc | General support | 2023 | $36,700 |
| Paypal Charitable Giving Fund | General support | 2022 | $6,125,065 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $4,196,228 |
Grants made · $386.1M in FY2023
3,410 grants totaling $386.1M in FY2023 — showing the 15 largest. All grants made by The Ojc Fund →
| Recipient | Purpose | Amount |
|---|---|---|
| Keren Mugein Imoisheya | General support | $7,586,757 |
| Congregation Chonen Vnosen | General support | $5,849,008 |
| Chasdei Meshilam | General support | $4,189,691 |
| Cong Noam Elimelech Lizensk | General support | $4,079,959 |
| Chasdei Naftali | General support | $4,063,676 |
| Binyan Yerushlaim | General support | $3,572,502 |
| Congregation Ahavas Tzdokah Vchesed Inc | General support | $3,553,528 |
| Chayim Vchesed Inc | General support | $3,344,032 |
| United Talmudical Academy of Kiryas Joel Inc | General support | $3,050,023 |
| Zichron Menachem Inc | General support | $2,998,926 |
| Toirem | General support | $2,779,009 |
| United Talmudical Academy Torah Vyirah Inc | General support | $2,676,885 |
| Central Congregations of Yetev Lev Dsatmar | General support | $2,518,799 |
| Mosdot Botoshan Inc | General support | $2,407,648 |
| Yaazoru Inc | General support | $2,320,733 |
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Compare The Ojc Fund
Frequently asked questions
- Is The Ojc Fund a legitimate nonprofit?
- Yes. The Ojc Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-3618879, based in Brooklyn, New York. Donations are tax-deductible.
- What is The Ojc Fund's EIN?
- The Ojc Fund's Employer Identification Number (EIN) is 11-3618879.
- How much revenue does The Ojc Fund report?
- The Ojc Fund reported $386,618,513 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of The Ojc Fund's spending goes to programs?
- The Ojc Fund spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Ojc Fund have?
- CharityIndex grades The Ojc Fund B+, based on program efficiency and fundraising cost.
- How much does The Ojc Fund's highest-paid employee make?
- The highest reported compensation on The Ojc Fund's latest Form 990 is $923,544, paid to Efraim Sofer (President & Chief Executive Officer).
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Data for The Ojc Fund (EIN 11-3618879) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.