Isaac & Marjorie Gindi Foundation Inc
The Isaac and Marjorie Gindi Foundation is a private foundation based in New York, NY, established in 2016. The foundation operates as a 501(c)(3) tax-exempt organization and is also known as IMG Charity Foundation. It functions as a grantmaking foundation with no employees, distributing funds to various charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-25.9% YoY
Annual Giving
$923K
+3.7% YoY
Grant Count
168
+38.8% YoY
Avg Grant Size
$5K
-25.3% YoY
Mission & Focus Areas
The foundation primarily funds general purpose charitable causes. Based on recent grantmaking activity, the foundation demonstrates a particular commitment to supporting religious and educational institutions, with notable grants to synagogues and learning centers.
Grantmaking
The foundation maintains active grantmaking operations, having made 105 grants in 2024. Recent grants include:
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
- Total Assets: $1,965,172
- Total Revenues: $334,055
- Total Expenses: $928,819
- Number of Employees: 0
The foundation's expense-to-revenue ratio reflects active grant distribution relative to incoming contributions during the fiscal year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,965,172 | $2,653,337 | $2,852,871 |
| Revenue | $334,055 | $606,470 | $621,495 |
| Expenses | $928,819 | $899,405 | $570,552 |
| Qualifying Distributions | $922,916 | $890,232 | $566,567 |
| Net Investment Income | $83,963 | $97,466 | $108,110 |
| Distributable Amount | $125,093 | $127,035 | $125,423 |
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 2024
Grant Size Distribution
247 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ISAAC A GINDI | PRESIDENT | 0.1 | — |
| MARJORIE GINDI | SECRETARY | 0.1 | — |
| RAYMOND GINDI | TREASURER | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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