1056 57th Foundation

BROOKLYN, NY EIN: 85-6485049

1056 57th Foundation is a private foundation, based in BROOKLYN, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $82K in total assets. In 2024, it awarded 2 grants totaling $12K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$82K

+134.4% YoY

Annual Giving

$12K

+102.6% YoY

Grant Count

2

-60.0% YoY

Avg Grant Size

$6K

+406.5% YoY

About 1056 57th Foundation

Based on IRS filings

1056 57th Foundation is a private foundation, based in BROOKLYN, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $82K in total assets. In 2024, it awarded 2 grants totaling $12K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BloomingburgBrooklyn

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$33K$49K$65K2021202220232024
Metric202420232022
Total Assets$81,947$34,959$7,046
Revenue$59,400$33,950$42,000
Expenses$12,412$6,037$35,156
Qualifying Distributions$12,232$6,037$35,006
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$25K$37K$50K3 grants20218 grants20225 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Misc Charities$12KMatbia Charity$585

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Misc Charities ($11,647), Matbia Charity ($585).

RecipientPurposeAmount
Misc Charities Brooklyn, NYGeneral Support$11,647
Matbia Charity Brooklyn, NYGeneral Support$585

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Hersh LazarTrustee1

Frequently Asked Questions

How large is 1056 57th Foundation?

As of 2024, 1056 57th Foundation holds $82K in total assets with $59K in annual revenue. It awarded 2 grants totaling $12K in 2024.

Where does 1056 57th Foundation operate?

1056 57th Foundation has awarded grants in New York.

What size grants does 1056 57th Foundation award?

In 2024, 1056 57th Foundation awarded 2 grants totaling $12K — an average of about $6K per grant, based on its IRS Form 990 filings.

What is 1056 57th Foundation's EIN?

1056 57th Foundation's EIN (Employer Identification Number) is 85-6485049. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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