Gutnick Foundation Inc

Private foundation · Grantmaker Brooklyn, NY EIN: 11-3539242

Gutnick Foundation Inc is a private foundation focused on Religion Related, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $357K in total assets. In 2024, it awarded 5 grants totaling $10K.

Key facts about Gutnick Foundation Inc

In short: Gutnick Foundation Inc gave $10K across 5 grants in 2024 (avg $2K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
11-3539242
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$9,536
Grants made (2024)
5
Average grant
$1,907
Median grant
$1,630
Total assets
$357,311
Primary geography
New York (77% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$357K

+6.8% YoY

Annual Giving

$10K

-83.3% YoY

Grant Count

5

-58.3% YoY

Avg Grant Size

$2K

-59.9% YoY

Under IRS private-foundation payout rules, Gutnick Foundation Inc reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

How Gutnick Foundation Inc gives

  • Giving fell 89% from 2021 to 2024. Method
  • In 2024 it paid out 55% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 5 itemized 2024 grant dollars.

Cities

BrooklynNew YorkBoynton BeachLos AngelesBoca RatonLakewoodParkland

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K2 grants202010 grants202111 grants202212 grants20235 grants2024

From 2020 to 2024, annual grant giving ranged from $4K (2020) to $84K (2021). In 2024 it made 5 grants totaling $10K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Ten Yad Kallah Gemach: $4KTen Yad Kallah Gemach$4KCheder Chabad Inc: $2KCheder Chabad Inc$2KCongregation Ezras Yisroel: $2KCongregation Ezras Yisroel$2KOholei Torah: $1KOholei Torah$1KMiscellaneous Charities 1000: $1KMiscellaneous Charities 1000$1K

The largest 2024 recipient was Ten Yad Kallah Gemach ($4K). Together the top 5 received $10K.

Grant Size Distribution

40 grants across all recorded years

40<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 40 grants of 40 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ten Yad Kallah Gemach Brooklyn, NYCharitable$3,700
Cheder Chabad Inc Boynton Beach, FLCharitable$2,180
Congregation Ezras Yisroel Brooklyn, NYCharitable$1,630
Oholei Torah Brooklyn, NYEducational$1,020
Miscellaneous Charities 1000 Brooklyn, NYCharitable$1,006

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$50K$100K$150K$200K20202021202220232024
Metric202420232022
Total Assets$357,311$334,434$324,011
Revenue$60,249$107,405$173,950
Expenses$37,372$96,982$125,533
Qualifying Distributions$9,536$57,025$70,800
Net Investment Income———
Distributable Amount$17,482$17,002$12,531

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Gutnick Foundation Inc is led by Meir Gutnick, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Meir Gutnick

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chaim Miller

    Chief Editor

    On filings since 2020

    0.5 hrs/week

    No compensation reported

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.

Frequently asked questions about Gutnick Foundation Inc

How much does Gutnick Foundation Inc give each year?

Gutnick Foundation Inc gave $10K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $57K across 12 grants.

What is Gutnick Foundation Inc's typical grant size?

Gutnick Foundation Inc's median grant in 2024 was $1,630, and its average grant was $1,907, across 5 grants on its 2024 IRS Form 990-PF.

Where does Gutnick Foundation Inc give grants?

Gutnick Foundation Inc gives mostly in New York: 77% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (23%). The most frequent recipient cities were Brooklyn, NY (4 grants).

Does Gutnick Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Gutnick Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (4 grants).

Who are Gutnick Foundation Inc's largest grantees?

Gutnick Foundation Inc's largest 2024 grantees include Ten Yad Kallah Gemach ($3,700), Cheder Chabad Inc ($2,180) and Congregation Ezras Yisroel ($1,630), according to its 2024 IRS Form 990-PF. Together they received 79% of its itemized 2024 grant dollars.

How large is Gutnick Foundation Inc?

Gutnick Foundation Inc reported $357K in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).

What is Gutnick Foundation Inc?

Gutnick Foundation Inc is a private foundation focused on Religion Related, based in Brooklyn, NY. It holds $357K in total assets as of 2024.

What is Gutnick Foundation Inc's EIN?

Gutnick Foundation Inc's EIN (Employer Identification Number) is 11-3539242. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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