Equifund Organization Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOLLYWOOD, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $433K in total assets. In 2024, it awarded 35 grants totaling $88K. Net investment income was $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$433K
-17.0% YoY
Annual Giving
$88K
-68.4% YoY
Grant Count
35
-10.3% YoY
Avg Grant Size
$3K
-64.8% YoY
Under IRS private-foundation payout rules, Equifund Organization Inc reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Equifund Organization Inc
Based on IRS filings
Equifund Organization Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOLLYWOOD, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $433K in total assets. In 2024, it awarded 35 grants totaling $88K. Net investment income was $14K.
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 | $432,743 | $521,419 | $768,590 |
| Revenue | $14,976 | $19,666 | $200,000 |
| Expenses | $90,971 | $279,708 | $86,125 |
| Qualifying Distributions | $90,222 | $279,345 | $86,125 |
| Net Investment Income | $14,227 | $17,303 | — |
| Distributable Amount | $16,368 | $28,492 | $34,158 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
96 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Yeshiva Primary ($18,000), Kesher TJC Inc ($12,000), Shor Yoshuv Institute ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF BIRCAS CH BROOKLYN, NY | CHARITY | $3,000 |
| Shor Yoshuv Institute LAWRENCE, NY | CHARITY | $10,000 |
| BRESLOV RESEARCH INSTITUTE TAOS, NM | CHARITY | $5,000 |
| KOLLEL INTERNATIONAL LAKEWOOD, NJ | CHARITY | $360 |
| KEREN HACHESED MIAMI MIAMI BEACH, FL | CHARITY | $216 |
| CHABAD CHAYIL MIAMI, FL | CHARITY | $10,000 |
| YOUNG ISRAEL OF HOLLYWOOD FORT LAUDERALE, FL | CHARITY | $3,215 |
| other HOLLYWOOD, FL | CHARITY | $8,821 |
| HACHAIM V'HASHALOM CEDARHURST, NY | CHARITY | $1,000 |
| GIVING IS LOVING DAVIE, FL | CHARITY | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATT PRESS | President | 2 | — |
| RON TOVBIN | Director | — | — |
| ELKE PRESS | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Equifund Organization Inc?
Equifund Organization Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOLLYWOOD, FL. It holds $433K in total assets as of 2024.
How large is Equifund Organization Inc?
As of 2024, Equifund Organization Inc holds $433K in total assets with $15K in annual revenue. It awarded 35 grants totaling $88K in 2024.
Where does Equifund Organization Inc operate?
Equifund Organization Inc has awarded grants in Colorado, Florida, Indiana, New Jersey, New Mexico, New York, Tennessee.
What size grants does Equifund Organization Inc award?
In 2024, Equifund Organization Inc awarded 35 grants totaling $88K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Equifund Organization Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Equifund Organization Inc reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Equifund Organization Inc's EIN?
Equifund Organization Inc's EIN (Employer Identification Number) is 26-4432774. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Equifund Organization Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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