E & H Parnes Foundation INC

EDISON, NJ EIN: 23-7237932

E & H Parnes Foundation INC is a private foundation based in Edison, New Jersey. The organization has been tax-exempt since November 1972 and operates as a 501(c)(3) charitable organization with no employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.0M

+5.9% YoY

Annual Giving

$886K

+36.8% YoY

Grant Count

42

+23.5% YoY

Avg Grant Size

$21K

+10.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grant-making priorities focus on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Religion-Related causes

Grantmaking

The foundation maintains an active grantmaking program, though specific application procedures are not documented in available sources.

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Geographic Focus

Where this funder awards grants

The foundation primarily directs grants to organizations in:

  • New York
  • New Jersey
  • Michigan

Grant Distribution by State

5states

Cities

BaltimoreBrooklynChicagoLakewodoLakewoodMonseyNew YorkNyOak ParkPassaicSpirng ValleySpring ValleySuffernTeaneck

Financial History

Multi-year comparison from IRS filings

Metric Amount
Total Assets $8,463,244
Total Annual Giving $647,705

Financial data is based on the most recent IRS Form 990 filing from 2023.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$486K$972K$1M$2M2021202220232024
Metric202420232022
Total Assets$8,962,614$8,463,244$7,483,315
Revenue$1,401,727$1,648,497$1,767,733
Expenses$902,357$668,568$455,439
Qualifying Distributions$902,357$668,568$455,439
Net Investment Income$850,132$1,043,634$1,282,534
Distributable Amount$419,240$382,684$324,699

Giving Over Time

Total grant dollars and number of grants per year

$0$221K$443K$664K$886K32 grants202128 grants202234 grants202342 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MESIVTA YESHIVA RABBI CH…$322KCONG AGUDATH ISRAEL OF B…$214KAMERICAN FRIENDS OF YESH…$36KAMERICAN FRIENDS OF YESH…$26KBMG STUDENT AID FUND$25KCHESED V EMES INC$25KTORAH UMESORAH$25KCONG TIFERES TORAH$22KFRIENDS OF YESHIVAT HARAN$18KTOMCHE SHABBOS OF ROCKLA…$13K

Grant Size Distribution

136 grants across all recorded years

128<$50K2$50–100K3$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHARLES PARNESFoundation Mana3

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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