I&S Foundation

Foundation · Grantmaker Brooklyn, NY EIN: 42-6633510

I&S FOUNDATION is a private foundation based in Brooklyn, New York. Its 2025 filing reports grants to organizations, including congregations and other community organizations.

Key facts about I&S Foundation

In short: I&S Foundation gave $266K across 69 grants in 2025 (avg $4K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
42-6633510
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$265,628
Grants made (2025)
69
Average grant
$3,850
Median grant
$500
Total assets
$2,326,889
Primary geography
New York (96% of itemized 2025 grant dollars)
How to apply
Contact Isaac Steinmetz by letter and include brochures. Full details ↓
Deadline
None.

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.3M

+2.7% YoY

Annual Giving

$266K

+16.6% YoY

Grant Count

69

-2.8% YoY

Avg Grant Size

$4K

+20.0% YoY

Under IRS private-foundation payout rules, I&S Foundation reported a distributable amount of $113K for 2025 — the minimum it must pay out in qualifying distributions.

How I&S Foundation gives

  • 35% of 2025 grantees were also funded in 2024. Method
  • Giving grew 49% from 2022 to 2025. Method
  • In 2025 it paid out 235% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its listed grants include support for congregations and organizations whose own stated missions include assisting people in need, providing convalescent services for new mothers, and promoting traditional Jewish ritual baths. These are the grantees’ missions, not stated missions of the foundation.

Grantmaking

In 2025, the foundation made 69 grants totaling $265,628. Grant amounts ranged from $25 to $100,000, with a median of $500. The largest grants included $100,000 to cong Minchus Chinch, $71,940 to CONGREGATION TOLDOS AHARON, and $30,000 to MISHMERES SHOLEM; each was designated “to promote activities of organization.”

Review Cycle

** None.

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Geographic Focus

Where this funder awards grants

In 2025, 96% of grant dollars went to recipients in New York and 4% to recipients in New Jersey. The filing also lists Illinois at 0%.

Grant Distribution by State

6states

Share of all 69 itemized 2025 grant dollars.

Cities

BrooklynMonseySpring ValleyMonroeBronxLakewoodJersey CityNew SquareBklynBrookynChicagoCliftonNYSuffernBaltimoreBedford HillsBergenfieldHighland MLSHillsideJamaica

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grants2020325 grants202166 grants202275 grants202371 grants202469 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

cong Minchus Chinch: $100Kcong Minchus Chinch$100KCongregation Toldos Aharon: $72KCongregation Toldos Aharon$72KMishmeres Sholem: $30KMishmeres Sholem$30Kbeis mordcha: $10Kbeis mordcha$10KAmerican Friends of Chinuch Jerusalem Inc: $7KAmerican Friends of ChinuchJerusalem Inc$7Kcong Minchas Yuir: $5Kcong Minchas Yuir$5KCongregation Chasadim Tovim Inc: $4KCongregation Chasadim TovimInc$4Kvarious: $4Kvarious$4KShemesh Tzedukah: $3KShemesh Tzedukah$3KAchiazer: $2KAchiazer$2K

Grant Size Distribution

606 grants across all recorded years

602<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
cong Minchus Chinch BrooklYN, NYto promote activities of organization$100,000
CONGREGATION TOLDOS AHARON Brooklyn, NYto promote activities of organization$71,940
MISHMERES SHOLEM Spring Valley, NYto promote activities of organization$30,000
beis mordcha Lakewood, NJto promote activities of organization$10,000
AMERICAN FRIENDS OF CHINUCH JERUSALEM INC Brooklyn, NYto promote activities of organization$7,200
cong Minchas Yuir Monsey, NYto promote activities of organization$5,000
CONGREGATION CHASADIM TOVIM INC Monsey, NYto promote activities of organization$4,125
various Spring Valley, NYto promote activities of organization$3,608
SHEMESH TZEDUKAH Monroe, NYto promote activities of organization$3,000
ACHIAZER Brooklyn, NYto promote activities of organization$2,460

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $2,326,889 $330,222 $268,953 $265,628
2024 $2,265,620 $189,974 $229,720 $227,730
2023 $2,305,366 $101,441 $208,429 $201,703
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K202020212022202320242025
Metric202520242023
Total Assets$2,326,889$2,265,620$2,305,366
Revenue$330,222$189,974$101,441
Expenses$268,953$229,720$208,429
Qualifying Distributions$265,628$227,730$201,703
Net Investment Income$14,647$11,334$2,940
Distributable Amount$112,999$108,661$115,484

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Isaac Steinmetz and Shifra Steinmetz as trustees.

I&S Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Isaac Steinmetz

    Trustee

    On filings since 2020

    No compensation reported

  • Shifra Steinmetz

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Isaac Steinmetz
Mailing address: 78 Heyward Street, Brooklyn, NY 11211
Phone: (718) 834-8630

Frequently asked questions about I&S Foundation

How much does I&S Foundation give each year?

I&S Foundation gave $266K across 69 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $228K across 71 grants.

What is I&S Foundation's typical grant size?

I&S Foundation's median grant in 2025 was $500, and its average grant was $3,850, across 69 grants on its 2025 IRS Form 990-PF.

Where does I&S Foundation give grants?

I&S Foundation gives mostly in New York: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (48 grants), Monroe, NY (5 grants), Spring Valley, NY (3 grants) and Monsey, NY (3 grants).

Does I&S Foundation give general operating support?

Not in 2025: none of the 69 grants with a stated purpose on I&S Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "to promote activities of organization" (69 grants).

Who are I&S Foundation's largest grantees?

I&S Foundation's largest 2025 grantees include cong Minchus Chinch ($100,000), Congregation Toldos Aharon ($71,940) and Mishmeres Sholem ($30,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.

How large is I&S Foundation?

I&S Foundation reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $266K in qualifying distributions that year, against a required minimum of $113K (roughly 5% of its investment assets).

What does I&S Foundation fund?

No mission statement for the foundation is provided. Its listed grants include support for congregations and organizations whose own stated missions include assisting people in need, providing convalescent services for new mothers, and promoting traditional Jewish ritual baths. These are the grantees’ missions, not stated missions of the foundation.

How do I apply for a grant from I&S Foundation?

Contact Isaac Steinmetz by letter and include brochures. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is I&S Foundation's EIN?

I&S Foundation's EIN (Employer Identification Number) is 42-6633510. IRS Form 990 filing data is available on this page for 2020–2025.

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

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