Education Foundation for Old Safed Inc
Education Foundation for Old Safed Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in N WOODMERE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $231K in total assets. In 2024, it awarded 2 grants totaling $37K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$231K
-5.0% YoY
Annual Giving
$37K
+216.9% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$19K
+216.9% YoY
Under IRS private-foundation payout rules, Education Foundation for Old Safed Inc reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About Education Foundation for Old Safed Inc
Based on IRS filings
Education Foundation for Old Safed Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in N WOODMERE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $231K in total assets. In 2024, it awarded 2 grants totaling $37K. Net investment income was $24K.
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 | $231,089 | $243,303 | $146,343 |
| Revenue | $37,782 | $118,200 | $63,881 |
| Expenses | $43,726 | $25,128 | $91,996 |
| Qualifying Distributions | $40,820 | $20,106 | $78,810 |
| Net Investment Income | $24,308 | $4,832 | — |
| Distributable Amount | $9,984 | $7,057 | $6,595 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Opendor Media ($19,400), Adi Israel Foundation ($18,000).
| Recipient | Purpose | Amount |
|---|---|---|
| OPENDOR MEDIA SUNRISE, FL | GENERAL SUPPORT | $19,400 |
| ADI ISRAEL FOUNDATION NEW YORK, NY | GENERAL SUPPORT | $18,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEIDI BARON | SECRETARY AND TREASURER | 10 | — |
| RABBI DOVID RHODES | VICE PRESIDENT | 10 | — |
| MERYL L SOLOMON | PRESIDENT | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Education Foundation for Old Safed Inc?
Education Foundation for Old Safed Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in N WOODMERE, NY. It holds $231K in total assets as of 2024.
How large is Education Foundation for Old Safed Inc?
As of 2024, Education Foundation for Old Safed Inc holds $231K in total assets with $38K in annual revenue. It awarded 2 grants totaling $37K in 2024.
Where does Education Foundation for Old Safed Inc operate?
Education Foundation for Old Safed Inc has awarded grants in Florida, North Carolina, New York.
What size grants does Education Foundation for Old Safed Inc award?
In 2024, Education Foundation for Old Safed Inc awarded 2 grants totaling $37K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Education Foundation for Old Safed Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Education Foundation for Old Safed Inc reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Education Foundation for Old Safed Inc's EIN?
Education Foundation for Old Safed Inc's EIN (Employer Identification Number) is 04-3621836. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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