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Nonprofit · EIN 65-0276400

BNAI TORAH FOUNDATION INC

Tax-exempt · BOCA RATON, FL 33433

Financials

$489K$545K2022$1M$476K2023$913K$514K2024
Revenue Expenses · by fiscal year end
Financials of BNAI TORAH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$912,839$513,822$399,017$9,024,230$0$9,024,230
June 30, 2024990$1,026,930$476,211$550,719$8,625,213$0$8,625,213
June 30, 2023990$489,327$545,033-$55,706$8,074,494$0$8,074,494
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$413,873
Program service revenue
$0
Investment income
$498,966
Net gain from sales of assets
$276,284
Other revenue
$0

Expenses

Grants and similar amounts paid
$410,300
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$9,000
Program services (functional)
$410,980
Management and general (functional)
$61,432
Fundraising (functional)
$41,410

Balance sheet and other

Total assets, start of year
$8,625,213
Total assets, end of year
$9,024,230
Total liabilities, end of year
$0
Net assets, end of year
$9,024,230
Publicly traded securities
$8,317,989
Net assets without donor restrictions
$1,336,329
Net assets with donor restrictions
$7,687,901
Gross receipts
$912,839
Employees
0
Volunteers
0
Year formed
1991
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICHARD COHENBOARD MEMBER
Trustee or director
1$0
HOWARD GOLDSMITHBOARD MEMBER
Trustee or director
1$0
HAROLD JACOBSOHNBOARD MEMBER
Trustee or director
1$0
JO ROBBINSBOARD MEMBER
Trustee or director
1$0
JEFFREY ROSENBERGBOARD MEMBER
Trustee or director
1$0
RICHARD STEINBERGBOARD MEMBER
Trustee or director
1$0
CLIFFORD VINERBOARD MEMBER
Trustee or director
1$0
STEPHEN GRABELSKYBOARD MEMBER
Trustee or director
1$0
STEPHEN LIPPYSECRETARY/TREASURER
Trustee or director, Officer
1$0
SPENCER SAXPRESIDENT
Trustee or director, Officer
1$0
EDWARD SOPHERBOARD MEMBER
Trustee or director
1$0
MELANIE JACOBSONBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
RICHARD COHENBOARD MEMBER
Trustee or director
1$0
HOWARD GOLDSMITHBOARD MEMBER
Trustee or director
1$0
HAROLD JACOBSOHNBOARD MEMBER
Trustee or director
1$0
JO ROBBINSBOARD MEMBER
Trustee or director
1$0
JEFFREY ROSENBERGBOARD MEMBER
Trustee or director
1$0
RICHARD STEINBERGBOARD MEMBER
Trustee or director
1$0
CLIFFORD VINERBOARD MEMBER
Trustee or director
1$0
DANIEL WEISSBOARD MEMBER
Trustee or director
1$0
STEPHEN GRABELSKYSECRETARY
Trustee or director, Officer
1$0
STEPHEN LIPPYTREASURER
Trustee or director, Officer
1$0
SPENCER SAXPRESIDENT
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensation
RICHARD COHENBOARD MEMBER
Trustee or director
1$0
HOWARD GOLDSMITHBOARD MEMBER
Trustee or director
1$0
HAROLD JACOBSOHNBOARD MEMBER
Trustee or director
1$0
JO ROBBINSBOARD MEMBER
Trustee or director
1$0
JEFFREY ROSENBERGBOARD MEMBER
Trustee or director
1$0
RICHARD STEINBERGBOARD MEMBER
Trustee or director
1$0
CLIFFORD VINERBOARD MEMBER
Trustee or director
1$0
DANIEL WEISSBOARD MEMBER
Trustee or director
1$0
STEPHEN GRABELSKYBOARD MEMBER
Trustee or director, Officer
1$0
STEPHEN LIPPYSECRETARY-TREASURER
Trustee or director, Officer
1$0
SPENCER SAXPRESIDENT
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
6261 SW 18TH ST, BOCA RATON, FL 33433-7146
Principal officer (990 for 2024)
STEPHEN LIPPY, 6261 SW 18TH STREET, BOCA RATON, FL 33433
Signed the 990
STEPHEN LIPPY, TREASURER
Phone
(561) 392-8566
Return prepared by
AHEARN JASCO COMPANY PA

Mission

THE ORGANIZATION IS A SUPPORTING ORGANIZATION UNDER IRS CODE 509(A)(3). IT SUPPORTS B'NAI TORAH CONGREGATION OF BOCA RATON, INC. A JEWISH SYNAGOGUE

990 for the year ended June 30, 2025

Program accomplishments

  • THE FOUNDATION GAVE FINANCIAL SUPPORT TO B'NAI TORAH CONGREGATION OF BOCA RATON BY CREATING SUPPORTING FUNDS TO PROVIDE FINANCIAL SUPPORT TO THE CONGREGATION FOR GENERATIONS TO COME.
    Expenses $392,480 · grants $391,800
  • THE FOUNDATION GAVE LIMITED SCHOLARSHIPS PAID DIRECTLY TO THE ORGANIZATION) FOR ACTIVITIES RELATED TO THE TEACHING OF CONSERVATIVE JUDAIC STUDIES.
    Expenses $18,500 · grants $18,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
65-0276400
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1992
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X03)
Assets (IRS master file)
$9,024,230
Income (IRS master file)
$912,839

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$912,839$513,822$9,024,230XML
990June 2024$1,026,930$476,211$8,625,213XML
990June 2023$489,327$545,033$8,074,494XML
990June 2022$1,028,869$504,119$8,130,200IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 65-0276400).

Questions about BNAI TORAH FOUNDATION INC

What is the EIN of BNAI TORAH FOUNDATION INC?
The employer identification number (EIN) of BNAI TORAH FOUNDATION INC is 65-0276400.
Is BNAI TORAH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to BNAI TORAH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BNAI TORAH FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BNAI TORAH FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BNAI TORAH FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BNAI TORAH FOUNDATION INC?
The 990 for the year ended June 30, 2025 names STEPHEN LIPPY.
Who are the officers and directors of BNAI TORAH FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does BNAI TORAH FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $912,839, expenses of $513,822 and total assets of $9,024,230 at year end.

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