Custom Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $455K in total assets. In 2024, it awarded 6 grants totaling $23K. Net investment income was $36K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$455K
+0.6% YoY
Annual Giving
$23K
-48.9% YoY
Grant Count
6
+200.0% YoY
Avg Grant Size
$4K
-83.0% YoY
Under IRS private-foundation payout rules, Custom Foundation Inc reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
About Custom Foundation Inc
Based on IRS filings
Custom Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $455K in total assets. In 2024, it awarded 6 grants totaling $23K. Net investment income was $36K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $455,084 | $452,236 | $479,371 |
| Revenue | $40,509 | $34,495 | $29,934 |
| Expenses | $40,661 | $61,630 | $33,047 |
| Qualifying Distributions | $23,748 | $45,320 | $15,908 |
| Net Investment Income | $36,045 | $30,544 | $25,209 |
| Distributable Amount | $28,693 | $27,627 | $30,004 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bikur Cholim of S Palm Beach ($11,500), Uta Torah V'yirah ($6,000), Chabad of West Boca Raton ($1,800).
| Recipient | Purpose | Amount |
|---|---|---|
| UTA TORAH V'YIRAH BROOKLYN, NY | CHARITABLE | $6,000 |
| KOLLEL AVREICHIM BROOKLYN, NY | CHARITABLE | $1,000 |
| VARIOUS CHARITABLE ORGANIZATIONS VARIOUS, FL | CHARITABLE | $1,408 |
| UNITED TALMUDICAL ACADEMY BROOKLYN, NY | CHARITABLE | $1,000 |
| CHABAD OF WEST BOCA RATON Boca Raton, FL | CHARITABLE | $1,800 |
| BIKUR CHOLIM OF S PALM BEACH BOCA RATON, FL | CHARITABLE | $11,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FAY ZELLER | CFO | 6 | — |
| MOSHE ZICHERMAN | President | — | — |
| DOV FRIED | Vice President | — | — |
| ROSALYN ZICHERMAN | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Custom Foundation Inc?
Custom Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $455K in total assets as of 2024.
How large is Custom Foundation Inc?
As of 2024, Custom Foundation Inc holds $455K in total assets with $41K in annual revenue. It awarded 6 grants totaling $23K in 2024.
Where does Custom Foundation Inc operate?
Custom Foundation Inc has awarded grants in Florida, New York.
What size grants does Custom Foundation Inc award?
In 2024, Custom Foundation Inc awarded 6 grants totaling $23K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Custom Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Custom Foundation Inc reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Custom Foundation Inc's EIN?
Custom Foundation Inc's EIN (Employer Identification Number) is 26-1676236. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Custom Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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