AC Israel Foundation Inc
AC Israel Foundation Inc is a New York, New York–based organization with a 990T filing type. Its 2024 filing reports 201 grants totaling $2,017,950. The recipients and stated grant purposes show support for organizations in areas including education, health care, community improvement, social services, and public gardens.
Key facts about AC Israel Foundation Inc
In short: AC Israel Foundation Inc gave $2.0M across 201 grants in 2024 (avg $10K), top state New York. 20% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 51-6021414
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,017,950
- Grants made (2024)
- 201
- Average grant
- $10,040
- Median grant
- $2,500
- New grantees (estimate)
- 20% first-time grantees (35 of 174, 2024)
- Total assets
- $36,460,772
- Primary geography
- New York (41% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36.5M
+103.3% YoY
Annual Giving
$2.0M
+32.1% YoY
Grant Count
201
+3.1% YoY
Avg Grant Size
$10K
+28.2% YoY
Under IRS private-foundation payout rules, AC Israel Foundation Inc reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.
Is AC Israel Foundation Inc open to new grantees?
20%
first-time grantees, 2024
In 2024, 35 of 174 grantees (20%) were first-time recipients. First grants averaged $7K; repeat grants $13K. How we count
Medians: $3K first-time, $3K repeat.
- 74% of 2024 grantees were also funded in 2023. Method
- Giving grew 23% from 2021 to 2024. Method
- In 2024 it paid out 113% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for schools and universities, a hospital, community organizations, and a public-garden conservancy. The grantees describe their own work as follows: White Plains Hospital Medical Center says it provides acute and preventive care to people in its region; Birches School describes itself as an independent kindergarten-through-eighth-grade school; Citizens Committee for New York City says it helps New Yorkers improve neighborhood quality of life; and Untermyer Gardens Conservancy says it works to revitalize and maintain a public garden in Yonkers.
Grantmaking
In 2024, the foundation made 201 grants totaling $2,017,950. Grants ranged from $250 to $285,000, with a median of $2,500.
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Geographic Focus
Where this funder awards grants
In 2024, 41% of grant dollars went to recipients in New York, 20% to Connecticut, 16% to Massachusetts, 11% to California, and 2% to Florida. The remaining share is not specified in the provided data.
Grant Distribution by State
Share of 2024 grant dollars across all 201 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.5M (2023) to $2.0M (2024). In 2024 it made 201 grants totaling $2.0M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Congregation Emanu-El of the City of New York ($285K). Together the top 10 received $1.1M.
Grant Size Distribution
1,007 grants across all recorded years
The most common grant size was under $50K: 968 grants of 1,007 (96%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Congregation Emanu-El of the City of New York New York, NY | General & Unrestricted | $285,000 |
| Yale University New Haven, CT | Yale Golf Course Restoration Project | $230,000 |
| White Plains Hospital Medical Center White Plains, NY | General & Unrestricted | $100,000 |
| Trustees of Phillips Academy Andover, MA | The Class of 1962 Mental Wellness Fund | $90,000 |
| Birches School Inc Lincoln, MA | General & Unrestricted | $64,000 |
| Citizens Committee for New York City Inc New York, NY | General & Unrestricted | $61,500 |
| Boca Raton Regional Hospital Inc Boca Raton, FL | General & Unrestricted | $50,000 |
| U C San Diego Foundation La Jolla, CA | In support of the Greg Warner Mechanical and Aerospace Engineering Fellowship | $50,000 |
| The People Concern Los Angeles, CA | General & Unrestricted | $37,000 |
| Untermyer Gardens Conservancy Yonkers, NY | General & Unrestricted | $32,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $36,460,772 | $21,039,252 | $2,512,648 | $2,017,950 |
| 2023 | $17,934,168 | $1,356,405 | $1,846,726 | $1,527,430 |
| 2022 | $37,192,271 | $1,011,789 | $2,039,263 | $1,727,810 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $36,460,772 | $17,934,168 | $37,192,271 |
| Revenue | $21,039,252 | $1,356,405 | $1,011,789 |
| Expenses | $2,512,648 | $1,846,726 | $2,039,263 |
| Qualifying Distributions | $2,092,615 | $1,567,293 | $1,727,810 |
| Net Investment Income | $21,048,763 | $828,972 | $711,764 |
| Distributable Amount | $1,852,422 | $1,872,857 | $1,867,041 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Virginia J. Goldstein and Barry W. Gray as directors; Gray is also listed as vice president. Thomas C. Israel is listed as director and president. Gregory H. Warner is listed as secretary, treasurer, vice president, and director.
AC Israel Foundation Inc is led by Thomas C Israel, Director & President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Thomas C Israel
Director & President
On filings since 2020
1 hr/week
No compensation reported
Barry W Gray
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Virginia J. Goldstein
Director
On filings since 2020
1 hr/week
No compensation reported
Gregory H Warner
Secretary, Treasurer & Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 12 East 49Th Street 41St Fl, New York, NY 10017
Phone: (212) 634-3367
Frequently asked questions about AC Israel Foundation Inc
How much does AC Israel Foundation Inc give each year?
AC Israel Foundation Inc gave $2.0M across 201 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.5M across 195 grants.
What is AC Israel Foundation Inc's typical grant size?
AC Israel Foundation Inc's median grant in 2024 was $2,500, and its average grant was $10,040, across 201 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from AC Israel Foundation Inc that year got $7K on average.
Where does AC Israel Foundation Inc give grants?
AC Israel Foundation Inc's top state is New York, with 41% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Connecticut (20%) and Massachusetts (16%). The most frequent recipient cities were New York, NY (48 grants), Washington, DC (10 grants), Boston, MA (7 grants) and New Haven, CT (6 grants).
Does AC Israel Foundation Inc give general operating support?
Yes: 75% of AC Israel Foundation Inc's 2024 grants with a stated purpose (151 of 201) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Charitable Event" (10 grants).
Who are AC Israel Foundation Inc's largest grantees?
AC Israel Foundation Inc's largest 2024 grantees include Congregation Emanu-El of the City of New York ($285,000), Yale University ($260,000 across 6 grants) and Birches School Inc ($134,000 across 4 grants), according to its 2024 IRS Form 990-PF. Together they received 34% of its itemized 2024 grant dollars.
How large is AC Israel Foundation Inc?
AC Israel Foundation Inc reported $36.5M in total assets on its 2024 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $1.9M (roughly 5% of its investment assets).
What does AC Israel Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants include support for schools and universities, a hospital, community organizations, and a public-garden conservancy. See mission & focus areas ↑
How do I apply for a grant from AC Israel Foundation Inc?
AC Israel Foundation Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is AC Israel Foundation Inc's EIN?
AC Israel Foundation Inc's EIN (Employer Identification Number) is 51-6021414. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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