I&S Foundation
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.
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
Share of all 69 itemized 2025 grant dollars.
Cities
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
606 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| cong Minchus Chinch BrooklYN, NY | to promote activities of organization | $100,000 |
| CONGREGATION TOLDOS AHARON Brooklyn, NY | to promote activities of organization | $71,940 |
| MISHMERES SHOLEM Spring Valley, NY | to promote activities of organization | $30,000 |
| beis mordcha Lakewood, NJ | to promote activities of organization | $10,000 |
| AMERICAN FRIENDS OF CHINUCH JERUSALEM INC Brooklyn, NY | to promote activities of organization | $7,200 |
| cong Minchas Yuir Monsey, NY | to promote activities of organization | $5,000 |
| CONGREGATION CHASADIM TOVIM INC Monsey, NY | to promote activities of organization | $4,125 |
| various Spring Valley, NY | to promote activities of organization | $3,608 |
| SHEMESH TZEDUKAH Monroe, NY | to promote activities of organization | $3,000 |
| ACHIAZER Brooklyn, NY | to 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 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- 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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