Aouni Faks Foundation

Foundation · Grantmaker Brooklyn, NY EIN: 30-6004475

Aouni Faks Foundation 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 $907K in total assets. In 2024, it awarded 11 grants totaling $208K. Net investment income was $33K.

Key facts about Aouni Faks Foundation

EIN: 30-6004475
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $207,703
Grants made (2024): 11
Average grant: $18,882
Median grant: $9,444
Total assets: $907,293
Primary geography: New York (98% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Aouni Faks Foundation funds

By grant dollars, the top recipient states for Aouni Faks Foundation's 11 itemized 2024 grants were New York (98%). The most frequent recipient cities were Brooklyn, NY (9 grants). None of its 11 grants with a stated purpose were described as general or operating support. Recurring purposes include "Help a Synagogue with Its Budget" (5 grants) and "Funds for Educational Institutions and Their Activities" (5 grants).

How Aouni Faks Foundation gives

27% of 2024 grantees were also funded in 2023. Method
Giving grew 447% from 2021 to 2024. Method
In 2024 it paid out 490% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$907K

-4.0% YoY

Annual Giving

$208K

+23.3% YoY

Grant Count

+266.7% YoY

Avg Grant Size

$19K

-66.4% YoY

Under IRS private-foundation payout rules, Aouni Faks Foundation reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About Aouni Faks Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $203K (98%)

New Jersey $5K (2%)

Share of all 11 itemized 2024 grant dollars.

States

New Jersey New York

Cities

BrooklynLakewoodSuffern

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$907,293	$945,157	$865,888
Revenue	$170,042	$249,546	$17,905
Expenses	$207,906	$170,277	$44,410
Qualifying Distributions	$207,703	$168,490	$41,425
Net Investment Income	$33,001	$33,140	$24,545
Distributable Amount	$42,374	$39,139	$40,161

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

22 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Magen David Yeshiva ($77,800), Yeshivat Darche Eres Inc ($36,000), Yeshiva Shaarei Torah ($26,900).

Recipient	Purpose	Amount
MAGEN DAVID YESHIVA Brooklyn, NY	FUNDS FOR EDUCATIONAL INSTITUTIONS AND THEIR ACTIVITIES	$77,800
YESHIVAT DARCHE ERES INC Brooklyn, NY	FUNDS FOR EDUCATIONAL INSTITUTIONS AND THEIR ACTIVITIES	$36,000
YESHIVA SHAAREI TORAH Suffern, NY	FUNDS FOR EDUCATIONAL INSTITUTIONS AND THEIR ACTIVITIES	$26,900
SEPHARDIC LEBANESE CONGREGATION INC Brooklyn, NY	HELP A SYNAGOGUE WITH ITS BUDGET	$25,902
LIU BROOKLYN Brooklyn, NY	GRANT FOR TUITION ASSISTANCE	$9,742
CONG BNEI HELMATZ Brooklyn, NY	HELP A SYNAGOGUE WITH ITS BUDGET	$9,444
CONGREGATION SHAARE ZION Brooklyn, NY	HELP A SYNAGOGUE WITH ITS BUDGET	$7,914
YESHIVAT MAGEN AVRAHAM Brooklyn, NY	FUNDS FOR EDUCATIONAL INSTITUTIONS AND THEIR ACTIVITIES	$7,500
YAD RACHEL Lakewood, NJ	HELP A SYNAGOGUE WITH ITS BUDGET	$5,000
TUTORING IN TOUGH TIMES Brooklyn, NY	FUNDS FOR EDUCATIONAL INSTITUTIONS AND THEIR ACTIVITIES	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Daniel Faks	Treasurer	—	—
Ibrahim Faks	Vice President	—	—
Freddy Faks	Secretary	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Aouni Faks Foundation?

Aouni Faks Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. It holds $907K in total assets as of 2024.

How large is Aouni Faks Foundation?

As of 2024, Aouni Faks Foundation holds $907K in total assets with $170K in annual revenue. It awarded 11 grants totaling $208K in 2024.

Where does Aouni Faks Foundation operate?

Aouni Faks Foundation has awarded grants in New Jersey, New York.

What size grants does Aouni Faks Foundation award?

In 2024, Aouni Faks Foundation awarded 11 grants totaling $208K — an average of about $19K per grant, based on its IRS Form 990 filings.

How much is Aouni Faks Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Aouni Faks Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.