Achim Letov Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-0.7% YoY
Annual Giving
$102K
-51.8% YoY
Grant Count
9
-25.0% YoY
Avg Grant Size
$11K
-35.8% YoY
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.
About Achim Letov Inc
Based on IRS filings
Achim Letov Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,569,435 | $2,588,192 | $2,642,380 |
| Revenue | $166,912 | $233,049 | $-119,247 |
| Expenses | $195,884 | $284,215 | $225,068 |
| Qualifying Distributions | $145,644 | $284,107 | $225,068 |
| Net Investment Income | $123,875 | $108,382 | — |
| Distributable Amount | $119,281 | $127,296 | $144,982 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various Charities Under 5000 ($36,286), Yeshivat Shaare Torah ($16,205), Sephardic Torah Center ($14,800).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS CHARITIES UNDER 5000 BROOKLYN, NY | CHARITY | $36,286 |
| EFRAT LEGACY FLUSHING, NY | CHARITY | $10,265 |
| OHEL SIMHA LONG BRANCH, NJ | CHARITY | $4,003 |
| YAD YOSEPH BROOKLYN, NY | CHARITY | $1,108 |
| YESHIVAT SHAARE TORAH BROOKLYN, NY | CHARITY | $16,205 |
| MEKERE ERES BROOKLYN, NY | CHARITY | $5,000 |
| SEPHARDIC CONGREGATION OF LONG BRAN LONG BRANCH, NJ | CHARITY | $10,000 |
| SEPHARDIC TORAH CENTER LONG BRANCH, NJ | CHARITY | $14,800 |
| ZICHRON YEHUDA FUND LAKEWOOD, NJ | CHARITY | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELI JACOB KAPLAN | DIRECTOR | — | — |
| YEHUDA JOSEPH KAPLAN | DIRECTOR | — | — |
| BENJAMIN KAPLAN | DIRECTOR | — | — |
| ISAAC ZAAC KAPLAN | DIRECTOR | — | — |
| MICHAEL KAPLAN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Achim Letov Inc?
Achim Letov Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. It holds $2.6M in total assets as of 2024.
How large is Achim Letov Inc?
As of 2024, Achim Letov Inc holds $2.6M in total assets with $167K in annual revenue. It awarded 9 grants totaling $102K in 2024.
Where does Achim Letov Inc operate?
Achim Letov Inc has awarded grants in New Jersey, New York.
What size grants does Achim Letov Inc award?
In 2024, Achim Letov Inc awarded 9 grants totaling $102K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Achim Letov Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Achim Letov Inc reported a distributable amount of $119K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Achim Letov Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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