Fund for the Aged Inc
Our mission is to empower older adults to enhance purpose and well-being through a portfolio of innovative health care services.
Fund for the Aged Inc at a glance
In short: Fund for the Aged Inc gave $6.1M across 5 grants in 2024 (avg $1.2M), mostly in New York. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $6,060,929
- -33.6% vs 2023
- Grants made (2024)
- 5
- -16.7% vs 2023
- Average grant
- $1,212,186
- -20.3% vs 2023
- Median grant
- $1,056,287
- Total assets
- $95,100,235
- +0.9% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Fund for the Aged Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Jewish Home Lifecare Manhattan ($3.6M). Together the top 5 received $6.1M.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was in the $1–5M range: 10 grants of 28 (36%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
How Fund for the Aged Inc gives
- Giving grew 43% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $4.2M (2021) to $9.1M (2023). In 2024 it made 5 grants totaling $6.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Home Lifecare Manhattan New York, NY | Unrestricted Grant to Support the Organizations Mission | $3,609,969 |
| Jewish Home Lifecare Harry and Jeanette Weinberg Bronx Campus New York, NY | Unrestricted Grant to Support the Organizations Mission | $1,207,600 |
| Jewish Home Lifecare Sarah Neuman Center New York, NY | Unrestricted Grant to Support the Organizations Mission | $1,056,287 |
| Jewish Home Lifecare Spectrum Services Inc New York, NY | Home Assistant Support | $161,071 |
| Jewish Home Lifecare University Avenue Assisted Living Inc New York, NY | Unrestricted Grant to Support the Organizations Mission | $26,002 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $95,100,235 | $7,258,050 | $7,819,001 | $6,060,929 | 5 | $3,331,622 |
| 2023 | $94,234,693 | $5,964,288 | $11,013,128 | $9,121,975 | 6 | $2,387,165 |
| 2022 | $97,079,912 | $5,125,717 | $9,688,721 | $6,843,946 | 5 | $1,692,919 |
| 2021 | $112,659,825 | $9,285,685 | $6,222,986 | $4,234,789 | 5 | $6,756,235 |
| 2020 | $109,939,296 | $8,972,478 | $12,535,556 | $8,635,636 | 7 | $4,784,620 |
About Fund for the Aged Inc
Based on IRS filings
Fund for the Aged Inc is a public charity focused on Human Services, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95.1M in total assets. In 2024, it awarded 5 grants totaling $6.1M. Net investment income was $3.3M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Fund for the Aged Inc is led by Jeffrey I. Farber MD, President & CEO on every filing since 2020; 3 of 11 officers listed in 2024 are compensated.
Officers on the 2024 filing
Jeffrey I. Farber MD
President & CEO
On filings since 2020
0.7 hrs/week
No compensation reported
William Blumstein
Chair
New on the 2024 filing
0.2 hrs/week
No compensation reported
Tamara Thompson
Senior Director
On filings since 2021
35 hrs/week
$133K (2021) → $151K (2024)
Jonathan J. Hochberg
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Michael Luskin
Director
Chairman → Chair, 2021
Chair → Director, 2022
On filings since 2020
0.2 hrs/week
No compensation reported
Alyssa Herman
Chief Development Officer
On filings since 2020
35 hrs/week
$293K (2020) → $317K (2024)
Tamar Major
Vice President of Development
On filings since 2020
35 hrs/week
$206K (2020) → $120K (2024)
Mark Weiss
CFO
On filings since 2020
0.7 hrs/week
No compensation reported
Alan Altschuler
Treasurer
On filings since 2022
0.2 hrs/week
No compensation reported
Aran Ron MD
Vice Chair
New on the 2024 filing
0.2 hrs/week
No compensation reported
Lisa Feiner
Secretary
New on the 2024 filing
0.2 hrs/week
No compensation reported
Former officers (9)
- Former: Elizabeth Pagel Serebransky (2020–2023) — Co-Chair
- Former: Lynn Oberlander (2022–2023) — Secretary
- Former: Tami Schneider (2022–2023) — Co-Chair
- Former: Eve Marsan (2020–2022) — Director of Special Events
- Former: Bruce Evans (2020–2021) — Treasurer
- Former: Dana Penny (2020–2021) — CCO
- Former: Lauren Heger Leibowitz (2020–2021) — Donor Rel & Engmt Officer
- Former: David Haas (2020) — Vice Chair
- Former: Leah Burke (2020) — Major Gifts Officer
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $317K, to Alyssa Herman (Chief Development Officer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Fund for the Aged Inc
How much does Fund for the Aged Inc give each year?
Fund for the Aged Inc gave $6.1M across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $9.1M across 6 grants.
What is Fund for the Aged Inc's typical grant size?
Fund for the Aged Inc's median grant in 2024 was $1,056,287, and its average grant was $1,212,186, across 5 grants on its 2024 IRS Form 990.
Where does Fund for the Aged Inc give grants?
Fund for the Aged Inc gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were New York, NY (5 grants).
Does Fund for the Aged Inc give general operating support?
Yes: 80% of Fund for the Aged Inc's 2024 grants with a stated purpose (4 of 5) were for general or operating support, per its 2024 IRS Form 990.
Who are Fund for the Aged Inc's largest grantees?
Fund for the Aged Inc's largest 2024 grantees include Jewish Home Lifecare Manhattan ($3,609,969), Jewish Home Lifecare Harry and Jeanette Weinberg Bronx Campus ($1,207,600) and Jewish Home Lifecare Sarah Neuman Center ($1,056,287), according to its 2024 IRS Form 990. Together they received 97% of its itemized 2024 grant dollars.
How large is Fund for the Aged Inc?
Fund for the Aged Inc reported $95.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $7.3M.
What is Fund for the Aged Inc?
Fund for the Aged Inc is a public charity focused on Human Services, based in New York, NY. It holds $95.1M in total assets as of 2024.
What is Fund for the Aged Inc's EIN?
Fund for the Aged Inc's EIN (Employer Identification Number) is 13-3603516. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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 November 15, 2021)
- 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 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Fund for the Aged Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Fund for the Aged Inc's focus areas in our free grants database
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