Braka Philanthropic Foundation
The Braka Philanthropic Foundation is a private 501(c)(3) family foundation based in New York, NY. Established in November 1994, the foundation is managed by the Braka family and focuses on philanthropic giving in education, religious initiatives, and human services across the northeastern United States and Florida.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.2M
-2.1% YoY
Annual Giving
$286K
-2.6% YoY
Grant Count
17
-37.0% YoY
Avg Grant Size
$17K
+54.7% YoY
Under IRS private-foundation payout rules, Braka Philanthropic Foundation reported a distributable amount of $153K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include:
- Education: Elementary and secondary education, with particular emphasis on Jewish educational institutions
- Religion: Jewish religious organizations and faith-based initiatives
- Philanthropy & Grantmaking: Support for nonprofit infrastructure and community federations
- Human Services: General charitable assistance and community support
Grantmaking
1. **Religious Support**: Average $14,795 per grant; 12 recipients in recent year
Grant Range
$300–$150,000
Average Grant
amount: $46–$14,795 (varies by program)
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York: Brooklyn, New York City
- New Jersey: Ocean Township, Rahway, Deal, Eatontown, Long Branch, Oakhurst
- Florida: Aventura
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2024):
- Total Assets: $11,247,695–$11,485,259
- Total Revenue: $57,878–$440,637
- Total Expenses: $215,853–$380,654
- Total Giving: $286,302–$296,854
- Giving Rate: 2.6%
Financial Position: The foundation maintains substantial assets and operates with a conservative spending approach relative to its asset base.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,247,695 | $11,485,259 | $11,356,476 |
| Revenue | $57,878 | $440,637 | $301,201 |
| Expenses | $215,853 | $380,654 | $337,194 |
| Qualifying Distributions | $287,571 | $296,854 | $285,494 |
| Net Investment Income | $197,120 | $156,265 | $148,903 |
| Distributable Amount | $152,931 | $118,071 | $116,513 |
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
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Edmond J Safra Synagogue (fl) ($57,050), Shaare Ezra Congregation ($42,701), Hillel Yeshiva ($36,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EDMOND J SAFRA SYNAGOGUE (FL) AVENTURA, FL | RELIGIOUS SUPPORT | $57,050 |
| HILLEL YESHIVA OCEAN TOWNSHIP, NJ | EDUCATIONAL SUPPORT | $36,000 |
| ILAN HIGH SCHOOL DEAL, NJ | EDUCATIONAL SUPPORT | $2,600 |
| RAMAZ SCHOOL NEW YORK, NY | EDUCATIONAL SUPPORT | $25,000 |
| SEPHARDIC ADDICTION FAMILY EDUCATION BROOKLYN, NY | EDUCATIONAL SUPPORT | $10,000 |
| SEPHARDIC COMMUNITY ALLIANCE BROOKLYN, NY | OTHER SUPPORT | $4,500 |
| SHAARE EZRA CONGREGATION LONG BRANCH, NJ | RELIGIOUS SUPPORT | $42,701 |
| UJA- FEDERATION OF NEW YORK NEW YORK, NY | RELIGIOUS SUPPORT | $36,000 |
| CONGREGATION BEIT EDMOND NEW YORK, NY | RELIGIOUS SUPPORT | $1,050 |
| CONGREGATION BROTHERS OF ISRAEL LONG BRANCH, NJ | RELIGIOUS SUPPORT | $2,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by three co-managers, all associated with Centurian Management Corp and serving without compensation:
- Ivor Braka
- David I Braka
- Benjamin Braka
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IVOR BRAKA CO CENTURIAN MGMT CORP | MANAGER | — | — |
| DAVID I BRAKA CO CENT MGMT CORP | MANAGER | — | — |
| BENJAMIN BRAKA CO CENT MGMT CORP | MANAGER | — | — |
Frequently Asked Questions
What does Braka Philanthropic Foundation fund?
The foundation's primary funding areas include: • **Education**: Elementary and secondary education, with particular emphasis on Jewish educational institutions • **Religion**: Jewish religious organizations and faith-based initiatives • **Philanthropy & Grantmaking**: Support for nonprofit infrastructure and community federations • **Human Services**: General charitable assistance and community support
How do I apply for a grant from Braka Philanthropic Foundation?
**Grant Characteristics:** • Typical grant range: $300–$150,000 • Average grant amount: $46–$14,795 (varies by program) • Median grant amount: $11,199 **Grant Programs:** 1. **Religious Support**: Average $14,795 per grant; 12 recipients in recent year 2. **Educational Support**: Average $11,007 per grant; 9 recipients in recent year 3. **Other Support**: Average $11,391 per grant; 6 recipients in recent year 4. **Public Charity**: Average $9,000 per grant; 1 recipient in recent year **Recent G…
Where does Braka Philanthropic Foundation make grants?
The foundation primarily funds organizations in: • **New York**: Brooklyn, New York City • **New Jersey**: Ocean Township, Rahway, Deal, Eatontown, Long Branch, Oakhurst • **Florida**: Aventura
What size grants does Braka Philanthropic Foundation award?
In 2024, Braka Philanthropic Foundation awarded 17 grants totaling $286K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Braka Philanthropic Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Braka Philanthropic Foundation reported a distributable amount of $153K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Braka Philanthropic Foundation's EIN?
Braka Philanthropic Foundation's EIN (Employer Identification Number) is 22-6643642. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Braka Philanthropic Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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