OVERVIEW: The Eddie and Rachelle Betesh Family Foundation primarily funds grantmaking related to Jewish causes, including educational and religious organizations, as well as organizations that work for Israel.
IP TAKE: The foundation lacks transparency, which limits information available on its grantmaking priorities and activities.
PROFILE: The Eddie and Rachelle Betesh Family Foundation was established in 1998 by apparel mogul Eddie Betesh and his wife Rachelle. Eddie Betesh is the president of SaraMax Apparel Group and keeps a low profile. The foundation does not maintain a website, which makes it difficult to locate further information on its priority areas and grantmaking strategies. According to tax filings, the Eddie and Rachelle Betesh Family Foundation primarily funds grantmaking related to Jewish causes, including educational and religious organizations, as well as organizations that work for Israel.
Grants range from $20 to $350,000. In a recent fiscal year, the foundation gave away around $2.1 million. Past grantees include Yeshiva Building Fund, American Friends of Daas Yosef, Yeshiva Bais Binyamin of Stamford, and Congregation Beth Israel.
The Eddie and Rachelle Betesh Family Foundation keeps a low profile and does not accept unsolicited proposals.
PEOPLE:
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CONTACT:
Eddie and Rachelle Betesh Family Foundation
1372 Broadway, Fl 7
New York, NY 10018