Educational Support Foundation Inc

CEDARHURST, NY EIN: 13-6159760

Educational Support Foundation Inc is a private foundation based in Cedarhurst, New York. The organization was established in 1963 and holds 501(c)(3) tax-exempt status, making donations to the foundation tax-deductible.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.2M

-52.5% YoY

Annual Giving

$2.0M

+441.2% YoY

Grant Count

-94.4% YoY

Avg Grant Size

$2.0M

+9642.2% YoY

Under IRS private-foundation payout rules, Educational Support Foundation Inc reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The Educational Support Foundation is a private foundation that primarily funds the advancement of education and assistance to needy individuals. The foundation's grant-making focuses on:

Education
Arts, Culture & Humanities
Religion-Related causes

The foundation primarily directs its funding toward New York-based organizations and initiatives.

Grantmaking

Based on the most recent fiscal year data (ending May 2024), the foundation distributed **$1,990,881** in total giving. Typical grant awards range from **$1,500 to $1,990,881**.

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Geographic Focus

Where this funder awards grants

The foundation's grant-making is primarily concentrated in New York.

Grant Distribution by State

New York $6.9M (86%)

New Jersey $1.1M (14%)

States

New Jersey New York

Cities

BrooklynCedarhurstFar RockawayLakewoodMonseyRahwaySpring Valley

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending May 2024:

Metric	Amount
Total Assets	$19,191,259
Total Revenues	$292,077
Total Expenses	$2,122,500
Total Liabilities	$855,000
Investment Income & Dividends	$334,865

Revenue Composition (FY 2024):

Investment income and dividends: $334,865
Net rental income: -$20,473
Miscellaneous revenues: -$49,901

The foundation experienced an 81% decline in total revenues from the prior year ($1,538,115 in FY 2023), primarily due to a significant decrease in investment income and dividends (down 78.3% year-over-year).

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$19,191,259	$40,421,354	$39,952,671
Revenue	$292,077	$1,538,115	$1,917,146
Expenses	$2,122,500	$641,312	$619,737
Qualifying Distributions	$1,990,881	$367,840	$302,220
Net Investment Income	$448,379	$1,376,830	$1,561,104
Distributable Amount	$1,464,074	$1,596,962	$1,669,199

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

61 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Available Upon Request ($1,990,881).

Recipient	Purpose	Amount
Available Upon Request Cedarhurst, NY	Educational	$1,990,881

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Sandra Schechter	Treasurer	1	—
WILLY BEER	President	1	—
RACHEL BEER	Vice President	1	—
Elliot Beer	Secretary	1	—

Frequently Asked Questions

What does Educational Support Foundation Inc fund?

The Educational Support Foundation is a private foundation that primarily funds the advancement of education and assistance to needy individuals. The foundation's grant-making focuses on: • Education • Arts, Culture & Humanities • Religion-Related causes The foundation primarily directs its funding toward New York-based organizations and initiatives.

How do I apply for a grant from Educational Support Foundation Inc?

Based on the most recent fiscal year data (ending May 2024), the foundation distributed **$1,990,881** in total giving. Typical grant awards range from **$1,500 to $1,990,881**. The foundation made one grant during the most recent reporting year.

Where does Educational Support Foundation Inc make grants?

The foundation's grant-making is primarily concentrated in New York.

What size grants does Educational Support Foundation Inc award?

In 2024, Educational Support Foundation Inc awarded 1 grants totaling $2.0M — an average of about $2.0M per grant, based on its IRS Form 990 filings.

How much is Educational Support Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Educational Support Foundation Inc reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Educational Support Foundation Inc's EIN?

Educational Support Foundation Inc's EIN (Employer Identification Number) is 13-6159760. IRS Form 990 filing data is available on this page for 2020–2024.