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.
Key facts about Achim Letov Inc
In short: Achim Letov Inc gave $102K across 9 grants in 2024 (avg $11K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 85-1479583
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $101,667
- Grants made (2024)
- 9
- Average grant
- $11,296
- Median grant
- $10,000
- Total assets
- $2,569,435
- Primary geography
- New York (68% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
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.
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.
Ready to take the next step with Achim Letov Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
States
Cities
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.
Grant Insights
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%).
Giving History
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 |
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 |
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
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.
Here's the math on researching Achim Letov Inc by hand.
Explore Open Grants
Browse active grant opportunities in Achim Letov Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Mary & Abe Sutton Foundation
New York, NY
Assets
—
Grants
45
Total Given
$225K
The I Levy Family Foundation
Deal, NJ
The I Levy Family Foundation supports general charitable purposes, including Jewish religious education and help with health and treatment costs for needy families. Its 2024 grants ranged from $1,000 to $33,000, with a median of $5,000; 76% of grant dollars went to New Jersey and 24% to New York. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$22K
Grants
40
Total Given
$284K
The MAJ Franco Family Charitable
New York, NY
The foundation supports charitable, religious, educational, and community organizations, with 2025 grants going entirely to recipients in New York State. It made 91 grants totaling $376,270, ranging from $52 to $32,767, with a median grant of $1,800. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$8K
Grants
91
Total Given
$376K
Chehebar Family Foundation
Brooklyn, NY
Assets
$9.8M
Grants
751
Total Given
$3.0M
Yekara Derashbi Inc
Brooklyn, NY
YEKARA DERASHBI INC supports charitable recipients, including yeshivas and Torah centers, with grants ranging from $1,246 to $42,656 in 2024 (median $9,500). Its grants went to organizations in New York and New Jersey; the filing says to contact the foundation but does not state whether it accepts unsolicited requests.
Assets
$2.1M
Grants
12
Total Given
$174K
Irving and Bernice Singer Family Foundation
Manchester, NH
In 2024, the New Hampshire foundation gave $45,108 in two grants, both to Temple Israel in Manchester, and reported that it had distributed its remaining assets and would terminate. Its final-year grants averaged $22,554; it supported organizations in New Hampshire and accepted only requests from preselected charities, not unsolicited applications.
Assets
—
Grants
2
Total Given
$45K
Gabriel J Chehebar Charitable Trust
Brooklyn, NY
Assets
$22K
Grants
22
Total Given
$27K
The Ralph S Gindi Family Foundation
New York, NY
The Ralph S Gindi Family Foundation supports Jewish education and religious organizations, as well as health and education nonprofits. In 2024, its 165 grants totaled $791,501, with a median award of $1,000 and grants ranging from $18 to $105,800; 70% of grant dollars went to New York, 27% to New Jersey, and 3% to Florida. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$20K
Grants
165
Total Given
$792K
The Madeb Family Foundation
Brooklyn, NY
The Madeb Family Foundation primarily funds Sephardic culture and heritage, along with religious, educational, and charitable needs. Its 2025 grants ranged from $3 to $21,000, with a median of $1,000, and most funding went to organizations in New York, followed by New Jersey and Florida. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$27K
Grants
38
Total Given
$115K
Cabasso Family Foundation
New York, NY
The Cabasso Family Foundation supports religious and community organizations, with 2025 grants concentrated in New York and New Jersey. Its 41 grants totaled $810,400, ranging from $250 to $552,000, with a median of $2,600. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$32K
Grants
41
Total Given
$810K
The Mari Charitable Foundation Inc
Brooklyn, NY
The Mari Charitable Foundation supports education, health and family services, and religious education, with recent grants to organizations in Brooklyn and New York City, New York, and Lakewood, New Jersey. In 2023, it awarded 18 grants totaling about $495,000; listed grants ranged from $11,000 to $29,151. It says giving is not limited to preselected organizations, but does not specify an application process or whether it accepts unsolicited requests.
Assets
—
Grants
18
Total Given
$495K
Jack D Cohen Foundation Inc
New York, NY
The foundation supports religious congregations and educational organizations, as well as groups focused on medical referrals, addiction treatment, youth mentoring, and emergency medical services. Its 2024 grants ranged from $1 to $108,469, with a median of $1,300, and went primarily to organizations in New York and New Jersey. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$2.3M
Grants
77
Total Given
$493K
More Funders in New York
Achim Letov Inc down — hundreds of funders to go?