Besad Foundation

Foundation · Grantmaker Brooklyn, NY EIN: 35-7017192

Besad Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $180K in total assets. In 2024, it awarded 22 grants totaling $672K. Net investment income was $255K.

Key facts about Besad Foundation

In short: Besad Foundation gave $672K across 22 grants in 2024 (avg $31K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
35-7017192
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$672,111
Grants made (2024)
22
Average grant
$30,551
Median grant
$20,000
Total assets
$180,145
Primary geography
New York (100% 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

$180K

+90882.3% YoY

Annual Giving

$672K

Grant Count

22

Avg Grant Size

$31K

Under IRS private-foundation payout rules, Besad Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

How Besad Foundation gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 22 itemized 2024 grant dollars.

States

Cities

BrooklynMonseyMonroeNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K0 grants20180 grants201915 grants20200 grants20210 grants20220 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cong Gemach Bnei Pinchos: $230KCong Gemach Bnei Pinchos$230KCongregation Zichron Menachem Inc: $75KCongregation Zichron MenachemInc$75KKeren Yad V'eizer Inc: $50KKeren Yad V'eizer Inc$50KCongregation & Gmach Zichron Shlomo: $50KCongregation & Gmach ZichronShlomo$50KCongregation Keren Ezrah Inc: $42KCongregation Keren Ezrah Inc$42KUnited Bobov International: $35KUnited Bobov International$35KCongregation Neir Baruch Linz: $32KCongregation Neir Baruch Linz$32KCongregation Khal Shaarei Zion Bobov Inc: $24KCongregation Khal Shaarei ZionBobov Inc$24KKolel Shary Limud: $24KKolel Shary Limud$24KChasdei Avos: $22KChasdei Avos$22K

Grant Size Distribution

37 grants across all recorded years

31<$50K4$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CONG GEMACH BNEI PINCHOS Brooklyn, NYTO FURTHER JEWISH CAUSES$230,000
CONGREGATION ZICHRON MENACHEM INC Brooklyn, NYTO FURTHER JEWISH CAUSES$75,000
KEREN YAD V'EIZER INC Monsey, NYTO FURTHER JEWISH CAUSES$50,000
CONGREGATION & GMACH ZICHRON SHLOMO Brooklyn, NYTO FURTHER JEWISH CAUSES$50,000
CONGREGATION KEREN EZRAH INC Monsey, NYTO FURTHER JEWISH CAUSES$41,500
UNITED BOBOV INTERNATIONAL Brooklyn, NYTO FURTHER JEWISH CAUSES$35,000
CONGREGATION NEIR BARUCH LINZ Brooklyn, NYTO FURTHER JEWISH CAUSES$32,413
CONGREGATION KHAL SHAAREI ZION BOBOV INC Brooklyn, NYTO FURTHER JEWISH CAUSES$24,000
KOLEL SHARY LIMUD Brooklyn, NYTO FURTHER JEWISH CAUSES$24,000
CHASDEI AVOS Monroe, NYTO FURTHER JEWISH CAUSES$22,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2018201920202021202220232024
Metric202420232022
Total Assets$180,145$198$198
Revenue$872,000—$4,500
Expenses$692,053—$4,618
Qualifying Distributions$672,111——
Net Investment Income$255,400——
Distributable Amount$6,018$10$22

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2018–2024

Leadership & Key People

Officers and directors from IRS filings

Besad Foundation is led by Naftali Yone Leser, President since 2021 (on filings since 2018); none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Naftali Yone Leser

    President

    Trustee → President, 2021

    On filings since 2018

    1 hr/week

    No compensation reported

  • Shulem Yitzchok Leser

    Treasurer

    Trustee → Treasurer, 2021

    On filings since 2018

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2018–2024. "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 Besad Foundation

How much does Besad Foundation give each year?

Besad Foundation gave $672K across 22 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Besad Foundation's typical grant size?

Besad Foundation's median grant in 2024 was $20,000, and its average grant was $30,551, across 22 grants on its 2024 IRS Form 990-PF.

Where does Besad Foundation give grants?

Besad Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (17 grants) and Monsey, NY (3 grants).

Does Besad Foundation give general operating support?

Not in 2024: none of the 22 grants with a stated purpose on Besad Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Further Jewish Causes" (22 grants).

Who are Besad Foundation's largest grantees?

Besad Foundation's largest 2024 grantees include Cong Gemach Bnei Pinchos ($230,000), Congregation Zichron Menachem Inc ($75,000) and Keren Yad V'eizer Inc ($50,000), according to its 2024 IRS Form 990-PF. Together they received 53% of its itemized 2024 grant dollars.

How large is Besad Foundation?

Besad Foundation reported $180K in total assets on its 2024 IRS Form 990-PF. It paid out $672K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).

What is Besad Foundation?

Besad Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. It holds $180K in total assets as of 2024.

What is Besad Foundation's EIN?

Besad Foundation's EIN (Employer Identification Number) is 35-7017192. IRS Form 990 filing data is available on this page for 2018–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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