Chuny & Chavi Herzka Foundation Inc

LAKEWOOD, NJ EIN: 87-2365342

Chuny & Chavi Herzka Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $774K in total assets. In 2024, it awarded 5 grants totaling $3.6M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$774K

+10860.8% YoY

Annual Giving

$3.6M

+85.5% YoY

Grant Count

+66.7% YoY

Avg Grant Size

$728K

+11.3% YoY

Under IRS private-foundation payout rules, Chuny & Chavi Herzka Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Chuny & Chavi Herzka Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $6.8M (100%)

States

New Jersey

Cities

Lakewood

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$774,274	$7,064	$20,440
Revenue	$5,659,063	$2,829,263	$1,351,618
Expenses	$4,891,263	$2,851,324	$1,430,372
Qualifying Distributions	$3,639,005	$1,961,201	$1,017,448
Net Investment Income	—	—	—
Distributable Amount	$6,544	$1,406	$204

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Through Kollel Tiferes Moshe ($1,351,205), Through Kollel Zichron Nosson Boruch ($836,509), Through Kollel Yaakov Yitzchok ($779,056).

Recipient	Purpose	Amount
THROUGH KOLLEL ZICHRON NOSSON BORUCH LAKEWOOD, NJ	SCHOLARSHIPS	$836,509
THROUGH KOLLEL TIFERES MOSHE LAKEWOOD, NJ	SCHOLARSHIPS	$1,351,205
THROUGH KOLLEL ZICHRON ARYEH LEIBISH LAKEWOOD, NJ	SCHOLARSHIPS	$512,935
THROUGH KOLLEL YAAKOV YITZCHOK LAKEWOOD, NJ	SCHOLARSHIPS	$779,056
THROUGH KOLLEL SHMUEL YOSEF LAKEWOOD, NJ	SCHOLARSHIPS	$159,300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
YISROEL HERZKA	PRESIDENT	1	—
CHAVA WOLOFSKY	OFFICER	1	—
CHAIM HERZKA	OFFICER	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Chuny & Chavi Herzka Foundation Inc?

Chuny & Chavi Herzka Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, NJ. It holds $774K in total assets as of 2024.

How large is Chuny & Chavi Herzka Foundation Inc?

As of 2024, Chuny & Chavi Herzka Foundation Inc holds $774K in total assets with $5.7M in annual revenue. It awarded 5 grants totaling $3.6M in 2024.

Where does Chuny & Chavi Herzka Foundation Inc operate?

Chuny & Chavi Herzka Foundation Inc has awarded grants in New Jersey.

What size grants does Chuny & Chavi Herzka Foundation Inc award?

In 2024, Chuny & Chavi Herzka Foundation Inc awarded 5 grants totaling $3.6M — an average of about $728K per grant, based on its IRS Form 990 filings.

How much is Chuny & Chavi Herzka Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Chuny & Chavi Herzka Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Chuny & Chavi Herzka Foundation Inc's EIN?

Chuny & Chavi Herzka Foundation Inc's EIN (Employer Identification Number) is 87-2365342. IRS Form 990 filing data is available on this page for 2021–2024.