Besad Foundation
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
Share of all 22 itemized 2024 grant dollars.
States
Cities
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
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CONG GEMACH BNEI PINCHOS Brooklyn, NY | TO FURTHER JEWISH CAUSES | $230,000 |
| CONGREGATION ZICHRON MENACHEM INC Brooklyn, NY | TO FURTHER JEWISH CAUSES | $75,000 |
| KEREN YAD V'EIZER INC Monsey, NY | TO FURTHER JEWISH CAUSES | $50,000 |
| CONGREGATION & GMACH ZICHRON SHLOMO Brooklyn, NY | TO FURTHER JEWISH CAUSES | $50,000 |
| CONGREGATION KEREN EZRAH INC Monsey, NY | TO FURTHER JEWISH CAUSES | $41,500 |
| UNITED BOBOV INTERNATIONAL Brooklyn, NY | TO FURTHER JEWISH CAUSES | $35,000 |
| CONGREGATION NEIR BARUCH LINZ Brooklyn, NY | TO FURTHER JEWISH CAUSES | $32,413 |
| CONGREGATION KHAL SHAAREI ZION BOBOV INC Brooklyn, NY | TO FURTHER JEWISH CAUSES | $24,000 |
| KOLEL SHARY LIMUD Brooklyn, NY | TO FURTHER JEWISH CAUSES | $24,000 |
| CHASDEI AVOS Monroe, NY | TO FURTHER JEWISH CAUSES | $22,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- 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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