Asher Foundation
Asher Foundation is a private foundation based in Bal Harbour, Florida. It makes charitable contributions to organizations that qualify as IRC 501(c)(3) organizations; its 2024 filing says it supports eligible organizations operating in the United States and/or Israel, including schools, hospitals, congregations, and organizations serving people who are poor, sick, aged, or homeless.
Asher Foundation at a glance
In short: Asher Foundation gave $293K across 14 grants in 2025 (avg $21K), mostly in New York. 29% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $293,380
- -26.4% vs 2024
- Grants made (2025)
- 14
- -12.5% vs 2024
- Average grant
- $20,956
- -15.8% vs 2024
- Median grant
- $6,665
- Total assets
- $25,105
- +37.4% vs 2024
- New grantees (estimate)
- 29% first-time grantees (4 of 14, 2025; small sample)
- Primary geography
- New York (72% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Asher Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it does not accept unsolicited requests and makes contributions only to preselected charitable organizations. The filing lists no specific application form or materials and names Alan Kestenbaum as the contact. It restricts awards to charitable organizations operating in the United States and/or Israel in the categories described above.
- Review Cycle
- The filing lists none.
- Deadline
- The filing lists none.
- Contact
Application contact: Alan Kestenbaum
Mailing address: 9705 Collins Ave 1901N, Bal Harbour, FL 33154
Phone: (786) 602-5791
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Asher Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Colel Chabad ($71K). Together the top 10 received $286K.
Grant Size Distribution
63 grants across all recorded years
The most common grant size was under $50K: 49 grants of 63 (78%).
Geographic Focus
Where this funder awards grants
The foundation’s stated award restrictions cover organizations operating in the United States and/or Israel. In 2025, its grant dollars were reported as going to recipients in New York (72%), Massachusetts (18%), Texas (9%), and Florida (2%).
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
Cities
Is Asher Foundation open to new grantees?
29%
first-time grantees, 2025
In 2025, 4 of 14 grantees (29%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $2K; repeat grants $29K. How we count
Medians: $2K first-time, $23K repeat.
- 71% of 2025 grantees were also funded in 2024. Method
- Giving fell 36% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $255K (2021) to $459K (2022). In 2025 it made 14 grants totaling $293K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Colel Chabad Brooklyn, NY | Unrestricted grant to the named charity to carry out its charitable purpose. | $71,000 |
| Chabad House at Harvard Square Cambridge, MA | Unrestricted grant to the named charity to carry out its charitable purpose. | $50,000 |
| Chabad House Bowery New York, NY | Unrestricted grant to the named charity to carry out its charitable purpose. | $50,000 |
| Ramaz School New York, NY | Unrestricted grant to the named charity to carry out its charitable purpose. | $46,000 |
| The University of Texas at Austin Austin, TX | Unrestricted grant to the named charity to carry out its charitable purpose. | $25,000 |
| Congregation Kehilath Jeshurun New York, NY | Unrestricted grant to the named charity to carry out its charitable purpose. | $20,950 |
| Belev Echad New York, NY | Unrestricted grant to the named charity to carry out its charitable purpose. | $7,200 |
| Young Israel of Bal Harbor-Abbot Surfside, FL | Unrestricted grant to the named charity to carry out its charitable purpose. | $6,130 |
| American Friends of Tuscan Jewry Inc Brooklyn, NY | Unrestricted grant to the named charity to carry out its charitable purpose. | $5,000 |
| Chabad of Windsor Terrace Brooklyn, NY | Unrestricted grant to the named charity to carry out its charitable purpose. | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $25,105 | $300,224 | $293,384 | $293,380 | 14 | $293,380 | $224 | $1,976 |
| 2024 | $18,265 | $380,255 | $402,917 | $398,400 | 16 | $398,400 | $255 | $2,840 |
| 2023 | $40,927 | $275,172 | $305,310 | $300,310 | 12 | $300,310 | $172 | $2,520 |
| 2022 | $71,065 | $500,004 | $463,040 | $459,240 | 13 | $459,240 | $4 | $3,055 |
| 2021 | $34,101 | $250,001 | $258,801 | $255,000 | 8 | — | $1 | $3,596 |
Under IRS private-foundation payout rules, Asher Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s 2024 filing describes its charitable activity as making contributions to organizations that qualify as IRC 501(c)(3) organizations. It lists schools, hospitals, congregations of religious worship, and organizations providing for poor, sick, aged, and homeless people among the types of organizations it supports.
Among its 2025 grantees, Belev Echad describes its mission as supporting wounded IDF service members and their families through physical, medical, legal, emotional, and financial assistance. PEF Israel Endowment Funds describes work providing relief and health services to needy people in Israel and supporting hospitals, clinics, and educational and religious institutions there.
Grantmaking
In 2025, the foundation reported 14 grants totaling $293,380. Grant amounts ranged from $500 to $71,000, with a median of $6,665.
Notable 2025 grants included $71,000 to Colel Chabad; $50,000 each to Chabad House at Harvard Square and Chabad House Bowery; $46,000 to Ramaz School; and $25,000 to the University of Texas at Austin. The filing describes the grants as unrestricted contributions for the named charities to carry out their charitable purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Alan Kestenbaum and Deborah Kestenbaum as trustees.
Asher Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Alan Kestenbaum
Trustee
On filings since 2021
0 hrs/week
No compensation reported
Deborah Kestenbaum
Trustee
On filings since 2021
0 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Asher Foundation
How much does Asher Foundation give each year?
Asher Foundation gave $293K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $398K across 16 grants.
What is Asher Foundation's typical grant size?
Asher Foundation's median grant in 2025 was $6,665, and its average grant was $20,956, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Asher Foundation that year got $2K on average.
Where does Asher Foundation give grants?
Asher Foundation gives mostly in New York: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (18%) and Texas (9%). The most frequent recipient cities were New York, NY (6 grants), Brooklyn, NY (4 grants) and Cambridge, MA (2 grants).
Does Asher Foundation give general operating support?
Yes: 100% of Asher Foundation's 2025 grants with a stated purpose (14 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Asher Foundation's largest grantees?
Asher Foundation's largest 2025 grantees include Colel Chabad ($71,000), Chabad House at Harvard Square ($50,000) and Chabad House Bowery ($50,000), according to its 2025 IRS Form 990-PF. Together they received 58% of its itemized 2025 grant dollars.
How large is Asher Foundation?
Asher Foundation reported $25K in total assets on its 2025 IRS Form 990-PF. It paid out $293K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What does Asher Foundation fund?
The foundation’s 2024 filing describes its charitable activity as making contributions to organizations that qualify as IRC 501(c)(3) organizations. See mission & focus areas ↑
How do I apply for a grant from Asher Foundation?
The foundation states that it does not accept unsolicited requests and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Asher Foundation's EIN?
Asher Foundation's EIN (Employer Identification Number) is 82-0551097. IRS Form 990 filing data is available on this page for 2021–2025.
Does Asher Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). Asher Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/asher-foundation-morg_5cdd024466ac4527be5ac1cd28100623
BibTeX
@misc{grantable_820551097_2026,
author = {{Grantable}},
title = {{Asher Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/asher-foundation-morg_5cdd024466ac4527be5ac1cd28100623},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Asher Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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