Best of Chai Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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
About Best of Chai Corp
Based on IRS filings
Best of Chai Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTIN WOOD | TRUSTEE | 0.25 | — |
| HERB STERN | TRUSTEE | 0.25 | — |
| KENNETH MACKLER | TRUSTEE | 0.25 | — |
| ROBERT KIEJDAN | TRUSTEE | 0.25 | — |
| HEIDI MAE | TRUSTEE | 0.25 | — |
| LOUIS BLUMBERG | TRUSTEE | 0.25 | — |
| MAURY BLUMBERG | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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