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  4. Best of Chai Corporation
EIN 82-3402562

Best of Chai Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Somers Point
State
New Jersey
Year formed
2018
Most recent tax filings
2024-06-01
NTEE code, primary
T20: Private Foundations
Description
Best of Chai Corporation is a private foundation in Somers Point, NJ, which was founded in 2018 and most recently had $216,508 in revenue and no employees.
Total revenues
$216,508
2024
Total expenses
$275,504
2024
Total assets
$4,510,872
2024
Num. employees
0
2024

Program areas at Best of Chai Corporation

Investment income spent on exempt purpose

Grants made by Best of Chai Corporation

GranteeGrant descriptionAmount
Jewish Family Services of Atlantic CountyUnrestricted$48,000
Jewish Older Adult Services of Atlantic CountyUnrestricted$36,000
Friends of the Israel Defense ForcesUnrestricted$20,000
...and 2 more grants made

Who funds Best of Chai Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Best of Life ParkOne-Time Donation To Distribute 100% of Its Assets.$4,509,474

Personnel at Best of Chai Corporation

NameTitleCompensation
Martin WoodPresident$0
Marty WoodTrustee

Financials for Best of Chai Corporation

RevenuesFYE 06/2024
Total grants, contributions, etc.$0
Investment income and dividends$134,004
Net rental income$0
Net gain from sale of non-inventory assets$82,504
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$216,508

Form 990s for Best of Chai Corporation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-09-09990PFView PDF
2023-062023-07-31990PFView PDF
2022-062023-01-23990PFView PDF
2021-062022-04-27990PFView PDF
2020-062021-06-15990PFView PDF
...and 2 more Form 990s
Data update history
October 21, 2024
Posted financials
Added Form 990PF for fiscal year 2024
October 1, 2023
Posted financials
Added Form 990PF for fiscal year 2023
August 11, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 13, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsTax deductible donationsNo full-time employees
General information
Address
C/O Francis Lamb 91 Mays Landing Rd
Somers Point, NJ 08244
Metro area
Atlantic City-Hammonton, NJ
County
Atlantic County, NJ
Phone
(609) 641-4000
IRS details
EIN
82-3402562
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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