Haredi Advancement Initiative Inc

Private foundation · Grantmaker New York, NY EIN: 92-2251701

Haredi Advancement Initiative Inc is a private foundation focused on Human Services, based in New York, NY. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $405K in total assets. In 2024, it awarded 1 grant totaling $24K.

Key facts about Haredi Advancement Initiative Inc

In short: Haredi Advancement Initiative Inc gave $24K across 1 grant in 2024 (avg $24K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
92-2251701
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$24,000
Grants made (2024)
1
Average grant
$24,000
Median grant
$24,000
Total assets
$405,421
Primary geography
New York (100% 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

$405K

+44.1% YoY

Annual Giving

$24K

Grant Count

1

Avg Grant Size

$24K

Under IRS private-foundation payout rules, Haredi Advancement Initiative Inc reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

How Haredi Advancement Initiative Inc gives

  • In 2024 it paid out 171% of its IRS minimum distribution (the 5% rule). 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

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Brooklyn

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2023 1 grant2024

In 2024 it made 1 grant totaling $24K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

American Friends of Agudath Beit Av: $24KAmerican Friends of AgudathBeit Av$24K

The largest 2024 recipient was American Friends of Agudath Beit Av ($24K).

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
American Friends of Agudath Beit Av Brooklyn, NYContribution is in alignment with Haredi Advancement Initiative, Inc's mission to educate and enhance the life of Haredi Jews from an educational and social economic standing$24,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$200K$400K$600K$800K2023 2024
Metric20242023
Total Assets$405,421$281,370
Revenue$696,930$566,727
Expenses$539,132$331,651
Qualifying Distributions$24,000—
Distributable Amount$14,036—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Haredi Advancement Initiative Inc is led by Yakov Shafir, Executive Director on the 2024 filing; 1 of 3 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Yakov Shafir

    Executive Director

    New on the 2024 filing

    45 hrs/week

    $122K (2024)

  • Jacqueline Scalisi

    Director

    On filings since 2023

    No compensation reported

  • Joseph Minz

    Director

    New on the 2024 filing

    No compensation reported

Former officers (2)
  • Former: Israel Shafir (2023) — Executive Director
  • Former: Sheva Oliver (2023) — Director

Data from IRS Form 990 filings, 2023–2024. "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

Yakov Shafir — Executive Dir.: $122KYakov ShafirExecutive Dir.$122K

The highest reported compensation on the 2024 filing was $122K, to Yakov Shafir (Executive Dir.).

Frequently asked questions about Haredi Advancement Initiative Inc

How much does Haredi Advancement Initiative Inc give each year?

Haredi Advancement Initiative Inc gave $24K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.

How large is Haredi Advancement Initiative Inc?

Haredi Advancement Initiative Inc reported $405K in total assets on its 2024 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).

What is Haredi Advancement Initiative Inc?

Haredi Advancement Initiative Inc is a private foundation focused on Human Services, based in New York, NY. It holds $405K in total assets as of 2024.

Where does Haredi Advancement Initiative Inc operate?

Haredi Advancement Initiative Inc has awarded grants in New York.

What is Haredi Advancement Initiative Inc's EIN?

Haredi Advancement Initiative Inc's EIN (Employer Identification Number) is 92-2251701. IRS Form 990 filing data is available on this page for 2023–2024.

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

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