Educational Endowment Fund Inc

Foundation · Grantmaker Lakewood, NJ EIN: 02-0677193

THE PRIMARY PURPOSE OF THE ORGANIZATION IS AS A SUPPORTING ORGANIZATION TO BETH MEDRASH GOVOHA OF AMERICA. IT ALSO FUNDS AND SUPPORTS EDUCATIONAL AND CHARITABLE ORGANIZATIONS

Key facts about Educational Endowment Fund Inc

EIN
02-0677193
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$6,529,063
Grants made (2024)
15
Average grant
$435,271
Median grant
$58,491
New grantees (estimate)
67% first-time grantees (10 of 15, 2024)
Total assets
$15,283,906
Primary geography
New York (91% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Educational Endowment Fund Inc funds

By grant dollars, the top recipient states for Educational Endowment Fund Inc's 15 itemized 2024 grants were New York (91%) and New Jersey (9%). The most frequent recipient cities were Lakewood, NJ (8 grants) and Brooklyn, NY (5 grants).

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. First grants averaged $644K; repeat grants $18K. How we count

Medians: $154K first-time, $13K repeat.

  • 27% of 2024 grantees were also funded in 2023. Method
  • Giving grew 1223% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Educational Endowment Fund Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15.3M

-16.2% YoY

Annual Giving

$6.5M

+5557.1% YoY

Grant Count

15

+114.3% YoY

Avg Grant Size

$435K

+2540.0% YoY

About Educational Endowment Fund Inc

Based on IRS filings

Educational Endowment Fund Inc is a nonprofit organization focused on Education, based in Lakewood, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.3M in total assets. In 2024, it awarded 15 grants totaling $6.5M. Net investment income was $16K.

Focus Areas

Your AI grants department

Ready to take the next step with Educational Endowment Fund Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 15 itemized 2024 grant dollars.

Cities

LakewoodBrooklynBaltimoreFar RockawayLakewwodNew YorkPhiladelphiaSouth Fallsburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$15,283,906$18,231,676$18,148,951
Revenue$1,423,109$1,192,869$2,024,427
Expenses$7,243,699$1,394,910$1,818,548
Qualifying Distributions———
Net Investment Income$16,196$637$4,355
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$7M19 grants202021 grants20219 grants20227 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cong Beth Medrash Govoha: $4.9MCong Beth Medrash Govoha$4.9MCong Bais Shalom: $500KCong Bais Shalom$500KKollel International: $350KKollel International$350KCong Ahavas Tzedokah Vchesed: $250KCong Ahavas Tzedokah Vchesed$250KYeshiva Keren Orah: $158KYeshiva Keren Orah$158KCong Bais Chaim: $150KCong Bais Chaim$150KCong Agudah Israel of Boro Park: $100KCong Agudah Israel of BoroPark$100KYeshiva University: $58KYeshiva University$58KToras Chesed Inc: $41KToras Chesed Inc$41KYeshiva Orchos Chaim: $20KYeshiva Orchos Chaim$20K

Grant Size Distribution

71 grants across all recorded years

56<$50K5$50–100K6$100–250K2$250–500K1$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Cong Beth Medrash Govoha ($4,859,160), Cong Bais Shalom ($500,000), Kollel International ($350,000).

RecipientPurposeAmount
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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Abraham BidermanDirector——
Yehuda FarberSecretary/Tr——
Shlomo FeigenbaumDirector——
Yitzchok S KotlerPresident——
Abraham NaftaliDirector——
Yussie RiederDirector——
Yosef TeichmanDirector——
Gedalya WeinbergerDirector——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Educational Endowment Fund Inc?

Educational Endowment Fund Inc is a nonprofit organization focused on Education, based in Lakewood, NJ. It holds $15.3M in total assets as of 2024.

How large is Educational Endowment Fund Inc?

As of 2024, Educational Endowment Fund Inc holds $15.3M in total assets with $1.4M in annual revenue. It awarded 15 grants totaling $6.5M in 2024.

Where does Educational Endowment Fund Inc operate?

Educational Endowment Fund Inc has awarded grants in Maryland, New Jersey, New York, Pennsylvania.

What size grants does Educational Endowment Fund Inc award?

In 2024, Educational Endowment Fund Inc awarded 15 grants totaling $6.5M — an average of about $435K per grant, based on its IRS Form 990 filings.

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.

Explore Open Grants

Browse active grant opportunities in Educational Endowment Fund Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in New Jersey

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Educational Endowment Fund Inc by hand.