E & H Parnes Foundation INC

Private foundation · Grantmaker Edison, NJ EIN: 23-7237932
EducationElementary and secondary educationReligionJudaism

E & H Parnes Foundation INC is a private foundation based in Edison, New Jersey. It makes grants to charitable organizations, including religious and educational institutions.

E & H Parnes Foundation INC at a glance

In short: E & H Parnes Foundation INC gave $901K across 46 grants in 2025 (avg $20K), mostly in New York. 15% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$900,636
+1.7% vs 2024
Grants made (2025)
46
+9.5% vs 2024
Average grant
$19,579
-7.2% vs 2024
Median grant
$7,000
Total assets
$19,337,717
+115.8% vs 2024
New grantees (estimate)
15% first-time grantees (7 of 46, 2025)
Primary geography
New York (79% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to E & H Parnes Foundation INC

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: PO Box 703, Edison, NJ 08818
Phone: (732) 287-3000

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who E & H Parnes Foundation INC funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Cong Agudath Israel of Boro Park: $325KCong Agudath Israel of BoroPark$325KMesivta Yeshiva Rabbi Chaim Berlin: $138KMesivta Yeshiva Rabbi ChaimBerlin$138KKeren Olam Hatorah: $60KKeren Olam Hatorah$60KAmerican Friends of Yeshiva D'Mir: $36KAmerican Friends of YeshivaD'Mir$36KAmerican Friends of Yeshiva Rashbi: $26KAmerican Friends of YeshivaRashbi$26KBMG Student Aid Fund: $25KBMG Student Aid Fund$25KChesed V Emes Inc: $25KChesed V Emes Inc$25KTorah Umesorah: $25KTorah Umesorah$25KAdirei Torah: $25KAdirei Torah$25KCong Tiferes Torah: $22KCong Tiferes Torah$22K

The largest 2025 recipient was Cong Agudath Israel of Boro Park ($325K). Together the top 10 received $706K.

Grant Size Distribution

182 grants across all recorded years

171<$50K3$50–100K4$100–250K4$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 171 grants of 182 (94%).

Geographic Focus

Where this funder awards grants

In filing year 2025, 79% of grant dollars went to recipients in New York and 21% to recipients in New Jersey.

Grant Distribution by State

5states

Share of 2025 grant dollars across all 46 itemized grants.

Cities

BrooklynMonseyLakewoodNYBaltimoreChicagoLakewodoNew YorkPassaicSpring ValleyTeaneckSuffernBrickNew SquareOak ParkSpirng Valley

Is E & H Parnes Foundation INC open to new grantees?

15%

first-time grantees, 2025

In 2025, 7 of 46 grantees (15%) were first-time recipients. First grants averaged $13K; repeat grants $21K. How we count

Medians: $2K first-time, $8K repeat.

  • 80% of 2025 grantees were also funded in 2024. Method
  • Giving grew 105% from 2022 to 2025. Method
  • In 2025 it paid out 132% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M32 grants2021 28 grants2022 34 grants2023 42 grants2024 46 grants2025

From 2021 to 2025, annual grant giving ranged from $440K (2022) to $901K (2025). In 2025 it made 46 grants totaling $901K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Cong Agudath Israel of Boro Park Brooklyn, NYSpiritual Development$324,868
Mesivta Yeshiva Rabbi Chaim Berlin Brooklyn, NYTuition for Needy Boys$137,568
Keren Olam Hatorah Brick, NJFurtherance of Religious Activities.$60,000
American Friends of Yeshiva D'Mir Brooklyn, NYReligious Institution$36,000
American Friends of Yeshiva Rashbi Brooklyn, NYFurtherance of charitable activities.$26,000
BMG Student Aid Fund Lakewood, NJTuition Assistance$25,000
Chesed V Emes Inc Lakewood, NJTo Support the Furtherance of Religious Study$25,000
Torah Umesorah Brooklyn, NYEducational Services$25,000
Adirei Torah Lakewood, NJReligious Activities$25,000
Cong Tiferes Torah Monsey, NYAid to Needy Scholars$21,600
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$19,337,717$11,275,991$900,888$900,63646$900,886$1,136,369$681,100
2024$8,962,614$1,401,727$902,357$885,76242$902,357$850,132$419,240
2023$8,463,244$1,648,497$668,568$647,70534$668,568$1,043,634$382,684
2022$7,483,315$1,767,733$455,439$440,24028$455,439$1,282,534$324,699
2021$6,171,021$970,471$765,622$754,72932—$537,578$240,039

Under IRS private-foundation payout rules, E & H Parnes Foundation INC reported a distributable amount of $681K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation’s own filing states that it is solely engaged in grant-making. Its grants include support for religious activities, religious study, educational services, and tuition assistance.

Examples of grantees’ stated missions illustrate the kinds of organizations it supports. American Friends of Yeshiva D’Mir says it primarily raises funds for distribution to Israeli institutions of higher learning and may also support other religious, charitable, and educational institutions or indigent individuals. Kollel Chazon Ish says its mission is to make grants to religious and charitable organizations. Dressed with Dignity says it distributes clothing to poor families in America and Israel through charity organizations and schools.

Grantmaking

In filing year 2025, the foundation reported 46 grants totaling $900,636. Grant amounts ranged from $400 to $324,868, with a median of $7,000.

Among the largest reported grants were $324,868 to Cong Agudath Israel of Boro Park for spiritual development; $137,568 to Mesivta Yeshiva Rabbi Chaim Berlin for tuition for needy boys; and $60,000 to Keren Olam Hatorah for furtherance of religious activities. Other recipients included American Friends of Yeshiva D’Mir ($36,000), BMG Student Aid Fund ($25,000), and Torah Umesorah ($25,000).

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Charles Parnes as trustee and Levi Y Parnes as co-trustee.

E & H Parnes Foundation INC's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Charles Parnes

    Trustee

    Foundation Mana → Trustee, 2025

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Levi Y. Parnes

    Co-Trustee

    New on the 2025 filing

    No compensation reported

Former officers (1)
  • Former: Emanuel Parnes (2021–2022) — Foundation Mana

Data from IRS Form 990 filings, 2021–2025. "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 E & H Parnes Foundation INC

How much does E & H Parnes Foundation INC give each year?

E & H Parnes Foundation INC gave $901K across 46 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $886K across 42 grants.

What is E & H Parnes Foundation INC's typical grant size?

E & H Parnes Foundation INC's median grant in 2025 was $7,000, and its average grant was $19,579, across 46 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from E & H Parnes Foundation INC that year got $13K on average.

Where does E & H Parnes Foundation INC give grants?

E & H Parnes Foundation INC gives mostly in New York: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (21%). The most frequent recipient cities were Brooklyn, NY (16 grants), Monsey, NY (10 grants), Lakewood, NJ (7 grants) and Spring Valley, NY (2 grants).

Does E & H Parnes Foundation INC give general operating support?

Not in 2025: none of the 46 grants with a stated purpose on E & H Parnes Foundation INC's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Spiritual Development" (9 grants), "Religious Activities" (7 grants) and "Religious Education" (3 grants).

Who are E & H Parnes Foundation INC's largest grantees?

E & H Parnes Foundation INC's largest 2025 grantees include Cong Agudath Israel of Boro Park ($324,868), Mesivta Yeshiva Rabbi Chaim Berlin ($137,568) and Keren Olam Hatorah ($60,000), according to its 2025 IRS Form 990-PF. Together they received 58% of its itemized 2025 grant dollars.

How large is E & H Parnes Foundation INC?

E & H Parnes Foundation INC reported $19.3M in total assets on its 2025 IRS Form 990-PF. It paid out $901K in qualifying distributions that year, against a required minimum of $681K (roughly 5% of its investment assets).

What does E & H Parnes Foundation INC fund?

The foundation’s own filing states that it is solely engaged in grant-making. Its grants include support for religious activities, religious study, educational services, and tuition assistance. See mission & focus areas ↑

How do I apply for a grant from E & H Parnes Foundation INC?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is E & H Parnes Foundation INC's EIN?

E & H Parnes Foundation INC's EIN (Employer Identification Number) is 23-7237932. IRS Form 990 filing data is available on this page for 2021–2025.

Does E & H Parnes Foundation INC accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2021–2024

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Cite this profile

Grantable. (2026). E & H Parnes Foundation INC funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/e-and-h-parnes-foundation-inc-morg_2e3a15ea1ce549b2bff07c3d0896bc4b

BibTeX
@misc{grantable_237237932_2026,
  author       = {{Grantable}},
  title        = {{E \& H Parnes Foundation INC funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/e-and-h-parnes-foundation-inc-morg_2e3a15ea1ce549b2bff07c3d0896bc4b},
  note         = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from E & H Parnes Foundation INC's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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