Israel Matz Foundation

Private foundation · Grantmaker New York, NY EIN: 13-6121533

Israel Matz Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $520K in total assets. In 2024, it awarded 5 grants totaling $37K. Net investment income was $14K.

Israel Matz Foundation at a glance

In short: Israel Matz Foundation gave $37K across 5 grants in 2024 (avg $7K), mostly in New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$37,325
-7.6% vs 2023
Grants made (2024)
5
-16.7% vs 2023
Average grant
$7,465
+10.9% vs 2023
Median grant
$5,000
Total assets
$519,754
-10.1% vs 2023
Primary geography
New York (61% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Israel Matz Foundation funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Israel Matz Hebrew Classics Ltd: $23KIsrael Matz Hebrew ClassicsLtd$23KYehudit Ben-Yosef: $7KYehudit Ben-Yosef$7KRachel Galai: $2KRachel Galai$2KHedva Harechavi: $2KHedva Harechavi$2K

The largest 2024 recipient was Israel Matz Hebrew Classics Ltd ($23K). Together the top 4 received $32K.

Organizations only. It also paid 1 grant to individuals ($5,000), which are not listed by name.

Grant Size Distribution

27 grants across all recorded years

27<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 27 grants of 27 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 5 itemized grants.

States

Cities

New York

How Israel Matz Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−5%). Method
  • In 2024 it paid out 153% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K7 grants2020 3 grants2021 6 grants2022 6 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $31K (2020) to $41K (2022). In 2024 it made 5 grants totaling $37K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Israel Matz Hebrew Classics Ltd New York, NYPreservation of Books$22,825
Yehudit Ben-Yosef Grant to Indigent Hebrew Writers$6,500
1 grant to individuals Recipients not named —$5,000
Rachel Galai Grant to Indignet Hebrew Writers$1,500
Hedva Harechavi Grant to Indigent Hebrew Writers$1,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$519,754$99,121$157,636$37,3255$89,934$14,399$58,887
2023$578,266$83,679$152,921$40,4006$92,405$17,637$60,885
2022$671,074$43,752$146,573$40,9806$81,759$16,578$64,570
2021$775,747$72,719$153,061$39,1003$85,333$10,328$59,750
2020$544,892$85,616$147,707$30,9957—$22,060$50,194

Under IRS private-foundation payout rules, Israel Matz Foundation reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Israel Matz Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Hiam Arfa

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Rachel Arfa

    Trustee

    On filings since 2020

    15 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Israel Matz Foundation

How much does Israel Matz Foundation give each year?

Israel Matz Foundation gave $37K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 6 grants.

What is Israel Matz Foundation's typical grant size?

Israel Matz Foundation's median grant in 2024 was $5,000, and its average grant was $7,465, across 5 grants on its 2024 IRS Form 990-PF.

Where does Israel Matz Foundation give grants?

Israel Matz Foundation gives mostly in New York: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

Does Israel Matz Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Israel Matz Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are Israel Matz Foundation's largest grantees?

Israel Matz Foundation's largest 2024 grantees include Israel Matz Hebrew Classics Ltd ($22,825), Yehudit Ben-Yosef ($6,500) and Rachel Galai ($1,500), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($5,000), which are not listed by name. Together they received 83% of its itemized 2024 grant dollars.

How large is Israel Matz Foundation?

Israel Matz Foundation reported $520K in total assets on its 2024 IRS Form 990-PF. It paid out $90K in qualifying distributions that year, against a required minimum of $59K (roughly 5% of its investment assets).

What is Israel Matz Foundation's EIN?

Israel Matz Foundation's EIN (Employer Identification Number) is 13-6121533. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Israel Matz Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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