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
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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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