Granit Foundation is a private independent foundation based in Brooklyn, New York. The organization holds the EIN 52-2366802 and received its IRS ruling in 2003.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$521K
-4.5% YoY
Annual Giving
$244K
-8.2% YoY
Grant Count
70
-2.8% YoY
Avg Grant Size
$3K
-5.6% YoY
Under IRS private-foundation payout rules, Granit Foundation reported a distributable amount of $25K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, its grantmaking priorities focus on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation currently has no live grant opportunities listed.
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Geographic Focus
Where this funder awards grants
Granit Foundation primarily directs its grantmaking to organizations in:
- New York
- New Jersey
- Ohio
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $521,429 |
| Total Giving | $243,745 |
The foundation files IRS Form 990-PF annually. Form 990 filings are available for tax years 2020 through 2025.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $521,429 | $545,875 | $629,553 |
| Revenue | $242,601 | $305,304 | $124,295 |
| Expenses | $246,567 | $265,662 | $258,671 |
| Qualifying Distributions | $243,745 | $265,662 | $258,671 |
| Net Investment Income | $42,121 | $139,855 | $25,001 |
| Distributable Amount | $24,847 | $23,305 | $29,885 |
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 2025
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Ncsy - Ou ($25,000), Emetai ($18,000), Congregation Rinat Yisroel ($12,877).
| Recipient | Purpose | Amount |
|---|---|---|
| A TIME BROOKLYN, NY | GENERAL | $154 |
| ALEPHBETA ACADEMY NEWARK, NJ | GENERAL | $180 |
| AMERICAN FRIENDS OF AYLN HOSPITAL NEW YORK, NY | GENERAL | $74 |
| AMERICAN FRIENDS OF LEMA'AN ACHAI-BEIT BINYAMIN OCEANSIDE, NY | GENERAL | $50 |
| AMERICAN FRIENDS OF SHAARE TZEDEK HOSPITAL NEW YORK, NY | GENERAL | $550 |
| ATHLETES FOR ISRAEL NEW YORK, NY | GENERAL | $4,000 |
| BELEV ECHAD NEW YORK, NY | GENERAL | $430 |
| BIKE 4 CHAI LAKEWOOD, NJ | GENERAL | $318 |
| BNEI AKIVA NEW YORK, NY | GENERAL | $50 |
| BONEI OLAM BROOKLYN, NY | GENERAL | $180 |
Leadership & Key People
Leadership team and compensation from IRS filings
Arye Ringel is listed as associated with the foundation's address.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK WERTENTEIL | TRUSTEE | 2 | — |
| ILANA WERTENTEIL | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Granit Foundation fund?
The foundation has not publicly provided a formal mission statement. However, its grantmaking priorities focus on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Granit Foundation?
**Grant Amounts:** Typical awards range from $10 to $70,808. **Total Giving:** $243,745 (based on most recent IRS Form 990 filing from 2025) **Foundation Assets:** $521,429 The foundation currently has no live grant opportunities listed.
Where does Granit Foundation make grants?
Granit Foundation primarily directs its grantmaking to organizations in: • New York • New Jersey • Ohio
What size grants does Granit Foundation award?
In 2025, Granit Foundation awarded 70 grants totaling $244K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Granit Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Granit Foundation reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Granit Foundation's EIN?
Granit Foundation's EIN (Employer Identification Number) is 52-2366802. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Granit Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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