Achim Letov Inc
Achim Letov Inc is a private foundation, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 9 grants totaling $102K. Net investment income was $124K.
Achim Letov Inc at a glance
In short: Achim Letov Inc gave $102K across 9 grants in 2024 (avg $11K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $101,667
- -51.8% vs 2023
- Grants made (2024)
- 9
- -25.0% vs 2023
- Average grant
- $11,296
- -35.8% vs 2023
- Median grant
- $10,000
- Total assets
- $2,569,435
- -0.7% vs 2023
- Primary geography
- New York (68% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Achim Letov Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Yeshivat Shaare Torah ($16K). Together the top 8 received $65K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 34 grants of 35 (97%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
States
Cities
How Achim Letov Inc gives
- Giving grew 25% from 2021 to 2024. Method
- In 2024 it paid out 122% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $81K (2021) to $211K (2023). In 2024 it made 9 grants totaling $102K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various Charities Under 5000 Brooklyn, NY | Charity | $36,286 |
| Yeshivat Shaare Torah Brooklyn, NY | Charity | $16,205 |
| Sephardic Torah Center Long Branch, NJ | Charity | $14,800 |
| Efrat Legacy Flushing, NY | Charity | $10,265 |
| Sephardic Congregation of Long Bran Long Branch, NJ | Charity | $10,000 |
| Mekere Eres Brooklyn, NY | Charity | $5,000 |
| Ohel Simha Long Branch, NJ | Charity | $4,003 |
| Zichron Yehuda Fund Lakewood, NJ | Charity | $4,000 |
| Yad Yoseph Brooklyn, NY | Charity | $1,108 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,569,435 | $166,912 | $195,884 | $101,667 | 9 | $145,644 | $123,875 | $119,281 |
| 2023 | $2,588,192 | $233,049 | $284,215 | $211,011 | 12 | $284,107 | $108,382 | $127,296 |
| 2022 | $2,642,380 | $-119,247 | $225,068 | $172,788 | 9 | $225,068 | — | $144,982 |
| 2021 | $2,995,198 | $491,000 | $81,226 | $81,196 | 5 | $81,226 | — | $131,267 |
| 2020 | $2,585,424 | $2,585,427 | $3 | — | — | — | — | $6,734 |
Under IRS private-foundation payout rules, Achim Letov Inc reported a distributable amount of $119K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Achim Letov Inc's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Benjamin Kaplan
Director
On filings since 2020
No compensation reported
Eli Jacob Kaplan
Director
On filings since 2020
No compensation reported
Isaac Zaac Kaplan
Director
On filings since 2020
No compensation reported
Michael Kaplan
Director
On filings since 2020
No compensation reported
Yehuda Joseph Kaplan
Director
On filings since 2020
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.
Frequently asked questions about Achim Letov Inc
How much does Achim Letov Inc give each year?
Achim Letov Inc gave $102K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $211K across 12 grants.
What is Achim Letov Inc's typical grant size?
Achim Letov Inc's median grant in 2024 was $10,000, and its average grant was $11,296, across 9 grants on its 2024 IRS Form 990-PF.
Where does Achim Letov Inc give grants?
Achim Letov Inc gives mostly in New York: 68% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (32%). The most frequent recipient cities were Brooklyn, NY (4 grants) and Long Branch, NJ (3 grants).
Does Achim Letov Inc give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on Achim Letov Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (9 grants).
Who are Achim Letov Inc's largest grantees?
Achim Letov Inc's largest 2024 grantees include Yeshivat Shaare Torah ($16,205), Sephardic Torah Center ($14,800) and Efrat Legacy ($10,265), according to its 2024 IRS Form 990-PF. Together they received 41% of its itemized 2024 grant dollars.
How large is Achim Letov Inc?
Achim Letov Inc reported $2.6M in total assets on its 2024 IRS Form 990-PF. It paid out $146K in qualifying distributions that year, against a required minimum of $119K (roughly 5% of its investment assets).
What is Achim Letov Inc's EIN?
Achim Letov Inc's EIN (Employer Identification Number) is 85-1479583. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Achim Letov Inc funds
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