Educational Endowment Fund Inc
Educational Endowment Fund Inc is a public charity based in Lakewood, New Jersey. Its stated primary purpose is to support Beth Medrash Govoha of America; it also funds and supports educational and charitable organizations.
Educational Endowment Fund Inc at a glance
In short: Educational Endowment Fund Inc gave $6.5M across 15 grants in 2024 (avg $435K), mostly in New York. 67% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $6,529,063
- +5557.1% vs 2023
- Grants made (2024)
- 15
- +114.3% vs 2023
- Average grant
- $435,271
- +2540.0% vs 2023
- Median grant
- $58,491
- Total assets
- $15,283,906
- -16.2% vs 2023
- New grantees (estimate)
- 67% first-time grantees (10 of 15, 2024; small sample)
- Primary geography
- New York (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Educational Endowment Fund Inc
- Contact
Mailing address: 601 Private Way, Lakewood, NJ 08701
Phone: (732) 367-1060
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Educational Endowment Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Cong Beth Medrash Govoha ($4.9M). Together the top 10 received $6.5M.
Grant Size Distribution
72 grants across all recorded years
The most common grant size was under $50K: 56 grants of 72 (78%).
Geographic Focus
Where this funder awards grants
In 2024, 91% of grant dollars went to recipients in New York and 9% to recipients in New Jersey.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
Cities
Is Educational Endowment Fund Inc open to new grantees?
67%
first-time grantees, 2024
In 2024, 10 of 15 grantees (67%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $644K; repeat grants $18K. How we count
Medians: $154K first-time, $13K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). 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
From 2020 to 2024, annual grant giving ranged from $115K (2023) to $6.5M (2024). In 2024 it made 15 grants totaling $6.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cong Beth Medrash Govoha Brooklyn, NY | — | $4,859,160 |
| Cong Bais Shalom Brooklyn, NY | — | $500,000 |
| Kollel International Lakewood, NJ | — | $350,000 |
| Cong Ahavas Tzedokah Vchesed Brooklyn, NY | — | $250,000 |
| Yeshiva Keren Orah Brooklyn, NY | — | $157,630 |
| Cong Bais Chaim Lakewood, NJ | — | $150,000 |
| Cong Agudah Israel of Boro Park Brooklyn, NY | — | $100,000 |
| Yeshiva University New York, NY | — | $58,491 |
| Toras Chesed Inc Lakewood, NJ | — | $41,000 |
| Yeshiva Orchos Chaim Lakewood, NJ | — | $20,000 |
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Financial History
Multi-year comparison from IRS filings
The organization’s 2024 filing states that, effective September 30, 2017, it authorized donating 88% of the ownership in Cedarbridge LLC held by its subsidiary, Cedarbridge Urban Renewal Corporation Inc., to Beth Medrash Govoha of America. The filing gives the appraised value of that donation as $38,612,464.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $15,283,906 | $1,423,109 | $7,243,699 | $6,529,063 | 15 | $16,196 |
| 2023 | $18,231,676 | $1,192,869 | $1,394,910 | $115,413 | 7 | $637 |
| 2022 | $18,148,951 | $2,024,427 | $1,818,548 | $500,471 | 10 | $4,355 |
| 2021 | $19,161,434 | $1,383,700 | $1,762,936 | $493,544 | 21 | $12,825 |
| 2020 | $19,540,670 | $2,265,187 | $1,818,713 | $366,570 | 19 | $14,712 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization states that its primary purpose is to serve as a supporting organization to Beth Medrash Govoha of America and that it also funds and supports educational and charitable organizations. Its 2024 grants included Yeshiva University, whose stated mission includes higher education, training, research, and clinical programs. Other 2024 recipients describe their work as providing Jewish and secular education for elementary-age children, including grades K–8.
Grantmaking
In filing year 2024, the funder reported 15 grants totaling $6,529,063. Grant amounts ranged from $6,000 to $4,859,160, with a median of $58,491.
The largest reported grants were $4,859,160 to Cong Beth Medrash Govoha in Brooklyn, New York; $500,000 to Cong Bais Shalom in Brooklyn; $350,000 to Kollel International in Lakewood, New Jersey; $250,000 to Cong Ahavas Tzedokah Vchesed in Brooklyn; and $157,630 to Yeshiva Keren Orah in Brooklyn. Other listed recipients included Cong Bais Chaim ($150,000), Cong Agudah Israel of Boro Park ($100,000), and Yeshiva University ($58,491).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Yitzchok S Kotler as president; Yehuda Farber as secretary/treasurer; and Abraham Biderman, Shlomo Feigenbaum, Abraham Naftali, Yussie Rieder, Yosef Teichman, and Gedalya Weinberger as directors.
Educational Endowment Fund Inc is led by Yitzchok S. Kotler, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Yitzchok S. Kotler
President
On filings since 2020
No compensation reported
Abraham Biderman
Director
Trustee → Director, 2023
On filings since 2020
No compensation reported
Abraham Naftali
Director
Trustee → Director, 2023
On filings since 2020
No compensation reported
Gedalya Weinberger
Director
Trustee → Director, 2023
On filings since 2020
No compensation reported
Yosef Teichman
Director
Trustee → Director, 2023
On filings since 2020
No compensation reported
Shlomo Feigenbaum
Director
On filings since 2023
No compensation reported
Yussie Rieder
Director
On filings since 2023
No compensation reported
Yehuda Farber
Secretary
Trustee → Secretary, 2023
On filings since 2020
No compensation reported
Former officers (1)
- Former: Eli Kuperman (2020–2022) — Secretary & Treasurer
Data from IRS Form 990 filings, 2020–2024. "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 Educational Endowment Fund Inc
How much does Educational Endowment Fund Inc give each year?
Educational Endowment Fund Inc gave $6.5M across 15 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $115K across 7 grants.
What is Educational Endowment Fund Inc's typical grant size?
Educational Endowment Fund Inc's median grant in 2024 was $58,491, and its average grant was $435,271, across 15 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Educational Endowment Fund Inc that year got $644K on average.
Where does Educational Endowment Fund Inc give grants?
Educational Endowment Fund Inc gives mostly in New York: 91% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was New Jersey (9%). The most frequent recipient cities were Lakewood, NJ (8 grants) and Brooklyn, NY (5 grants).
Who are Educational Endowment Fund Inc's largest grantees?
Educational Endowment Fund Inc's largest 2024 grantees include Cong Beth Medrash Govoha ($4,859,160), Cong Bais Shalom ($500,000) and Kollel International ($350,000), according to its 2024 IRS Form 990. Together they received 87% of its itemized 2024 grant dollars.
How large is Educational Endowment Fund Inc?
Educational Endowment Fund Inc reported $15.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.4M.
What does Educational Endowment Fund Inc fund?
The organization states that its primary purpose is to serve as a supporting organization to Beth Medrash Govoha of America and that it also funds and supports educational and charitable organizations. See mission & focus areas ↑
How do I apply for a grant from Educational Endowment Fund Inc?
Educational Endowment Fund Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Educational Endowment Fund Inc's EIN?
Educational Endowment Fund Inc's EIN (Employer Identification Number) is 02-0677193. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS February 15, 2022)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Educational Endowment Fund Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/educational-endowment-fund-inc-morg_95efb4df966e4647bcff44c27d6de6e0
BibTeX
@misc{grantable_020677193_2026,
author = {{Grantable}},
title = {{Educational Endowment Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/educational-endowment-fund-inc-morg_95efb4df966e4647bcff44c27d6de6e0},
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 Educational Endowment Fund 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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