The Southern-Tier Torah Advancement & Revitalization Foundation
The Southern-Tier Torah Advancement & Revitalization Foundation, identified by its Employer Identification Number (EIN) 20-4351294, is a nonprofit organization based in Binghamton, New York. This foundation is classified as a 501(c)(3) organization, focusing on religious and educational activities related to Jewish studies and community development.
Purpose and Activities
The foundation is dedicated to promoting Jewish education and cultural activities within its community. It sponsors Jewish education classes, organizes holiday and social events, hosts Shabbat dinners, and facilitates various social activities. One of its notable programs is the Maimonides Jewish Leadership Fellowship, which aims to foster leadership skills and deepen understanding of Jewish traditions among participants[4].
Financial Overview
In recent years, the organization has primarily relied on contributions to fund its activities. For example, in 2023, its revenue was reported to be approximately $341,000, with expenses totaling $346,000. The foundation's total assets stood at $212,000, while liabilities were $115,000[1]. Additionally, in 2023, the organization provided grants amounting to $8,350[5].
Historical Financial Data
Historically, the foundation has consistently derived its revenue from contributions, with minimal income from other sources such as investments or program services. Expenses are primarily allocated towards executive compensation and operational costs[1].
Leadership and Governance
The foundation's leadership includes key employees and officers who manage and implement its programs and operations. Compensation for these roles varies, but the organization typically does not pay its top governing officers[1].
The organization operates under a governance structure typical of many nonprofits, with a president, secretary, treasurer, and other executive roles responsible for guiding its mission and financial management.
Donation Eligibility
Contributions to The Southern-Tier Torah Advancement & Revitalization Foundation are tax-deductible, as is standard for 501(c)(3) organizations[1].
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2006
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