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Nonprofit · EIN 11-3618879

THE OJC FUND

Also known as C I O

Tax-exempt · BROOKLYN, NY 11219

Financials

$386.6M$395.1M2023$469.3M$458.3M2024
Revenue Expenses · by fiscal year end
Financials of THE OJC FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$469,320,831$458,347,690$10,973,141$58,475,920$1,525,568$56,950,352
June 30, 2024990$386,618,513$395,131,291-$8,512,778$46,092,755$17,564$46,075,191
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$466,256,718
Program service revenue
$0
Investment income
$3,064,113
Net gain from sales of assets
$2,059,451
Other revenue
$0

Expenses

Grants and similar amounts paid
$453,743,243
Compensation of officers, directors and key employees
$1,774,167
Other salaries and wages
$344,475
Salaries, compensation and benefits (total)
$2,187,885
Professional fundraising fees
$0
Legal fees
$18,358
Accounting fees
$26,070
Occupancy
$153,774
Depreciation
$30,517
Program services (functional)
$454,120,048
Management and general (functional)
$3,387,000
Fundraising (functional)
$840,642

Balance sheet and other

Total assets, start of year
$46,092,755
Total assets, end of year
$58,475,920
Total liabilities, end of year
$1,525,568
Net assets, end of year
$56,950,352
Land, buildings and equipment
$122,067
Net assets without donor restrictions
$56,950,352
Gross receipts
$509,961,478
Employees
12
Volunteers
3
Year formed
2001
State of legal domicile
NY

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 / weekCompensationOther / benefits
EFRAIM SOFERPRESIDENT, CO-CEO, & CFO
Trustee or director, Officer
40$895,495$25,834
KALMEN EKSTEINSECRETARY, TREASURER, CO-CEO, & COO
Trustee or director, Officer
40$825,633$31,747
NATHAN SMAIACHAIRMAN
Trustee or director
2$0$0
RABBI SOLOMON FRIEDMANDIRECTOR
Trustee or director
2$0$0
RABBI CHESKLE STEINMETZDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensationOther / benefits
EFRAIM SOFERPRESIDENT & CHIEF EXECUTIVE OFFICER
Trustee or director, Officer
40$923,544$28,913
KALMEN EKSTEINTREASURER & CHIEF FINANCIAL OFFICER
Trustee or director, Officer
40$903,557$31,919
NATHAN SMAIASECRETARY
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1303- 53RD ST STE 303, BROOKLYN, NY 11219-3823
In care of
% EFRAIM SOFER
Principal officer (990 for 2024)
KALMEN EKSTEIN, 1303-53RD STREET 303, BROOKLYN, NY 11219
Signed the 990
EFRAIM SOFER, PRESIDENT
Phone
(718) 599-1400
Return prepared by
ROTH & COMPANY LLP

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.

990 for the year ended June 30, 2025

Program accomplishments

  • OUR RESPONSIBILITY IS TO SERVE OUR FUNDHOLDERS WHO HAVE ENTRUSTED US WITH THEIR CHARITABLE DOLLARS. WE TAKE THIS RESPONSIBILITY VERY SERIOUSLY AND ARE DEDICATED TO TREATING OUR FUNDHOLDERS WITH THE UTMOST INTEGRITY AND RESPECT. OUR DONORS HAVE THE OPPORTUNITY TO RECOMMEND HOW THEIR CHARITABLE CONTRIBUTIONS ARE ALLOCATED TO THE VARIOUS CHARITABLE ORGANIZATIONS. WE HONOR OUR COMMITMENT TO FUNDHOLDERS BY PROVIDING SERVICES THAT MAKE THEIR CHARITABLE GIVING ADMINISTRATIVELY EFFICIENT, ECONOMICALLY ADVANTAGEOUS, AND PERSONALLY REWARDING. THESE INCLUDE: SIMPLIFYING THE GRANTMAKING PROCESS SO THAT CONTRIBUTIONS FLOW QUICKLY AND EASILY INTO THE CHARITABLE STREAM, SAFEGUARDING CONFIDENTIALITY AND FACILITATING INTERGENERATIONAL PHILANTHROPY.
    Expenses $454,120,048 · grants $453,743,243

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
11-3618879
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$58,475,920
Income (IRS master file)
$509,961,478

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$350,687,480$342,966,067$53,969,063IRS
990June 2022$268,071,106$245,844,991$45,341,416IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about THE OJC FUND

What is the EIN of THE OJC FUND?
The employer identification number (EIN) of THE OJC FUND is 11-3618879.
Is THE OJC FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to THE OJC FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE OJC FUND 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 THE OJC FUND 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 THE OJC FUND 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 THE OJC FUND?
The 990 for the year ended June 30, 2025 names KALMEN EKSTEIN.
Who are the officers and directors of THE OJC FUND?
The 990 for the year ended June 30, 2025 lists 5 people; 2 received compensation from the organization, the highest $895,495 (EFRAIM SOFER, PRESIDENT, CO-CEO, & CFO).
How much revenue does THE OJC FUND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $469,320,831, expenses of $458,347,690 and total assets of $58,475,920 at year end.

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