Higher Purpose Foundation Inc

Private foundation · Grantmaker Hollywood, FL EIN: 99-0486384

Higher Purpose Foundation Inc is a private foundation focused on religion, based in Hollywood, FL. IRS filing data is available from 2023 through 2024. In 2024, it awarded 4 grants totaling $5K.

Key facts about Higher Purpose Foundation Inc

In short: Higher Purpose Foundation Inc gave $5K across 4 grants in 2024 (avg $1K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
99-0486384
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$4,988
Grants made (2024)
4
Average grant
$1,247
Median grant
$885
Primary geography
New York (94% 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

—

Annual Giving

$5K

Grant Count

4

Avg Grant Size

$1K

Under IRS private-foundation payout rules, Higher Purpose Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

How Higher Purpose Foundation Inc gives

  • In 2024 it paid out 100% 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

2states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

Far RockawayNiagara FallsTeaneckWoodmere

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K0 grants2023 4 grants2024

In 2024 it made 4 grants totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Irving Place Minyan: $3KIrving Place Minyan$3KTomchei Shabbos of the 5 Towns: $1KTomchei Shabbos of the 5 Towns$1KAmerican Friends Chabad Niagra: $770American Friends Chabad Niagra$770American Friends of Leket Israel: $300American Friends of LeketIsrael$300

The largest 2024 recipient was Irving Place Minyan ($3K). Together the top 4 received $5K.

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Irving Place Minyan Woodmere, NYReligous Programming$2,918
Tomchei Shabbos of the 5 Towns Far Rockaway, NYReligous Programming$1,000
American Friends Chabad Niagra Niagara Falls, NYReligous Programming$770
American Friends of Leket Israel Teaneck, NJReligous Programming$300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$50K$100K$150K2023 2024
Metric20242023
Total Assets—$100,000
Revenue$8,817$100,000
Expenses$5,083—
Qualifying Distributions$5,083—
Distributable Amount$5,073—

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

Higher Purpose Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Bejamin Schiff

    Director

    On filings since 2023

    4 hrs/week

    No compensation reported

  • Amanda Schiff

    Director

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Arie Blum

    Director

    New on the 2024 filing

    No compensation reported

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.

Frequently asked questions about Higher Purpose Foundation Inc

How much does Higher Purpose Foundation Inc give each year?

Higher Purpose Foundation Inc gave $5K across 4 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Higher Purpose Foundation Inc's typical grant size?

Higher Purpose Foundation Inc's median grant in 2024 was $885, and its average grant was $1,247, across 4 grants on its 2024 IRS Form 990-PF.

Where does Higher Purpose Foundation Inc give grants?

Higher Purpose Foundation Inc gives mostly in New York: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (6%).

Does Higher Purpose Foundation Inc give general operating support?

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

What is Higher Purpose Foundation Inc?

Higher Purpose Foundation Inc is a private foundation focused on religion, based in Hollywood, FL.

How much is Higher Purpose Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Higher Purpose Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Higher Purpose Foundation Inc's EIN?

Higher Purpose Foundation Inc's EIN (Employer Identification Number) is 99-0486384. 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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