C&Y Foundation Inc
C&Y Foundation Inc is a private foundation, based in Lawrence, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.1M in total assets. In 2024, it awarded 6 grants totaling $1.0M. Net investment income was $575K.
Key facts about C&Y Foundation Inc
In short: C&Y Foundation Inc gave $1.0M across 6 grants in 2024 (avg $167K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 04-3666136
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,000,000
- Grants made (2024)
- 6
- Average grant
- $166,667
- Median grant
- $140,000
- Total assets
- $10,081,181
- 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
$10.1M
-4.1% YoY
Annual Giving
$1.0M
-3.7% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$167K
-3.7% YoY
Under IRS private-foundation payout rules, C&Y Foundation Inc reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
How C&Y Foundation Inc gives
- Giving grew 75% from 2021 to 2024. Method
- In 2024 it paid out 74% 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 2024 grant dollars across all 6 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $572K (2021) to $1.2M (2020). In 2024 it made 6 grants totaling $1.0M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Bnei Yerushalayim ($370K). Together the top 6 received $1.0M.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was in the $100–250K range: 10 grants of 24 (42%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bnei Yerushalayim Brooklyn, NY | Charity | $370,000 |
| Friends of the Brisker Yeshiva Brooklyn, NY | Charity | $250,000 |
| Cong Beth Sholom Lawrence, NY | Charity | $200,000 |
| Congregation Ahavas Tzedaka Vchesed Brooklyn, NY | Charity | $80,000 |
| Cong Khal Chasidei SKWERA Inc Brooklyn, NY | Charity | $50,000 |
| United Mosdos Torah Monroe, NY | Charity | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,081,181 | $10,511,782 | $9,760,796 |
| Revenue | $575,609 | $1,794,407 | $320,829 |
| Expenses | $1,007,072 | $1,043,421 | $654,558 |
| Qualifying Distributions | $1,000,375 | $1,038,000 | $652,000 |
| Net Investment Income | $575,234 | $436,248 | $320,079 |
| Distributable Amount | $1,352,833 | $1,161,521 | $1,103,141 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
C&Y Foundation Inc is led by Joseph Friedman, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joseph Friedman
President
On filings since 2020
1 hr/week
No compensation reported
Chana Friedman
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 C&Y Foundation Inc
How much does C&Y Foundation Inc give each year?
C&Y Foundation Inc gave $1.0M across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.0M across 6 grants.
What is C&Y Foundation Inc's typical grant size?
C&Y Foundation Inc's median grant in 2024 was $140,000, and its average grant was $166,667, across 6 grants on its 2024 IRS Form 990-PF.
Where does C&Y Foundation Inc give grants?
C&Y Foundation Inc 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 (4 grants).
Does C&Y Foundation Inc give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on C&Y Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (6 grants).
Who are C&Y Foundation Inc's largest grantees?
C&Y Foundation Inc's largest 2024 grantees include Bnei Yerushalayim ($370,000), Friends of the Brisker Yeshiva ($250,000) and Cong Beth Sholom ($200,000), according to its 2024 IRS Form 990-PF. Together they received 82% of its itemized 2024 grant dollars.
How large is C&Y Foundation Inc?
C&Y Foundation Inc reported $10.1M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $1.4M (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 C&Y Foundation Inc's EIN?
C&Y Foundation Inc's EIN (Employer Identification Number) is 04-3666136. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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