Best of Chai Corp
Best of Chai Corp is a private foundation, based in Somers Point, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.7M in total assets. In 2025, it awarded 7 grants totaling $225K. Net investment income was $207K.
Key facts about Best of Chai Corp
In short: Best of Chai Corp gave $225K across 7 grants in 2025 (avg $32K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- EIN
- 82-3402562
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $225,000
- Grants made (2025)
- 7
- Average grant
- $32,143
- Median grant
- $25,000
- Total assets
- $4,738,053
- Primary geography
- New Jersey (92% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.7M
+5.0% YoY
Annual Giving
$225K
-1.3% YoY
Grant Count
7
-30.0% YoY
Avg Grant Size
$32K
+41.0% YoY
Under IRS private-foundation payout rules, Best of Chai Corp reported a distributable amount of $229K for 2025 — the minimum it must pay out in qualifying distributions.
How Best of Chai Corp gives
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2025 grant dollars across all 7 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $225K (2025) to $254K (2020). In 2025 it made 7 grants totaling $225K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Boys & Girls Club of Atlantic City ($72K). Together the top 7 received $225K.
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 29 grants of 37 (78%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys & Girls Club of Atlantic City Atlantic City, NJ | Unrestricted | $72,000 |
| Jewish Family Service Margate, NJ | Unrestricted | $48,000 |
| Jewish Older Adult Services of Atlantic County Atlantic City, NJ | Unrestricted | $36,000 |
| Jewish Community Center of Margate Margate, NJ | Unrestricted | $25,000 |
| Community Food Bank of NJ Inc Hillside, NJ | Unrestricted | $18,000 |
| Birthright Israel Foundation New York, NY | Unrestricted | $18,000 |
| Big Brothers & Sisters Northfield, NJ | Unrestricted | $8,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,738,053 | $4,510,872 | $4,320,909 |
| Revenue | $253,437 | $216,508 | $184,895 |
| Expenses | $274,796 | $275,504 | $306,365 |
| Qualifying Distributions | $225,000 | $228,000 | $253,000 |
| Net Investment Income | $207,289 | $172,352 | $140,796 |
| Distributable Amount | $229,017 | $216,316 | $211,155 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Best of Chai Corp's 2025 filing lists 7 officers; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Heidi Mae
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Herb Stern
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Kenneth Mackler
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Louis Blumberg
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Martin Wood
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Maury Blumberg
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Robert Kiejdan
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Best of Chai Corp
How much does Best of Chai Corp give each year?
Best of Chai Corp gave $225K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $228K across 10 grants.
What is Best of Chai Corp's typical grant size?
Best of Chai Corp's median grant in 2025 was $25,000, and its average grant was $32,143, across 7 grants on its 2025 IRS Form 990-PF.
Where does Best of Chai Corp give grants?
Best of Chai Corp gives mostly in New Jersey: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (8%). The most frequent recipient cities were Atlantic City, NJ (2 grants) and Margate, NJ (2 grants).
Does Best of Chai Corp give general operating support?
Yes: 100% of Best of Chai Corp's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Best of Chai Corp's largest grantees?
Best of Chai Corp's largest 2025 grantees include Boys & Girls Club of Atlantic City ($72,000), Jewish Family Service ($48,000) and Jewish Older Adult Services of Atlantic County ($36,000), according to its 2025 IRS Form 990-PF. Together they received 69% of its itemized 2025 grant dollars.
How large is Best of Chai Corp?
Best of Chai Corp reported $4.7M in total assets on its 2025 IRS Form 990-PF. It paid out $225K in qualifying distributions that year, against a required minimum of $229K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Best of Chai Corp's EIN?
Best of Chai Corp's EIN (Employer Identification Number) is 82-3402562. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Best of Chai Corp by hand.
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