Jack H Ashkenazie Foundation

NEW YORK, NY EIN: 13-4161819

The Jack H Ashkenazie Foundation is a corporate foundation established in 2002 and based in New York City. It is associated with Almar Sales Company Inc. and operates as a 501(c)(3) organization. The foundation makes charitable grants to preselected organizations and does not accept unsolicited applications.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6K

-67.1% YoY

Annual Giving

$376K

-12.4% YoY

Grant Count

-57.1% YoY

Avg Grant Size

$42K

+104.4% YoY

Under IRS private-foundation payout rules, Jack H Ashkenazie Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation supports charitable purposes with a focus on hospitals, education, hunger relief, human services, and Judaism-related organizations.

Grantmaking

The foundation operates on an invite-only basis and does not accept unsolicited applications.

Grant Range

$5,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in New York and New Jersey, with 97% of grants supporting organizations in these states plus the District of Columbia. Grantmaking reaches organizations across five states.

Grant Distribution by State

New York $2.0M (86%)

District of Columbia $175K (7%)

New Jersey $142K (6%)

Florida $10K (0%)

Maryland $8K (0%)

States

District of Columbia Florida Maryland New Jersey New York

Cities

BaltimoreBrooklynCedarhurstDealFlushingHollywoodLakewoodLong BranchMonseyNew YorkOakhurstOceanPassaicSunny Isles BeachWashingtonWellingtonWest Long BranchWest Suffrent

Financial History

Multi-year comparison from IRS filings

Most Recent (2024):

Total Assets: $6,110
Total Revenues: $369,000
Total Expenses: $381,469
Number of Employees: 0

Historical Context:

Year Formed: 2002
Total assets have grown from $421 in 2011 to $6,110 in 2024
Annual distributions have ranged from $706,000 to $777,000 (2021-2022)
Giving rate exceeds 100% of assets annually

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,110	$18,579	$147,477
Revenue	$369,000	$303,200	$532,800
Expenses	$381,469	$432,098	$391,475
Qualifying Distributions	$375,854	$429,068	$388,503
Net Investment Income	—	—	—
Distributable Amount	$1,084	$2,381	$1,725

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

107 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Yde Boys High School ($124,000), Congregation Shaare Zion ($99,915), Miscellaneous Donations Less Than 5000 ($68,675).

Recipient	Purpose	Amount
SEPHARDIC BIKUR HOLIM OAKHURST, NJ	CHARITABLE PURPOSES	$5,200
THE RAMAZ SCHOOL NEW YORK, NY	CHARITABLE PURPOSES	$8,600
HATZOLAH EMS OF THE JERSEY SHORE PASSAIC, NJ	CHARITABLE PURPOSES	$10,001
HILLEL YESHIVA OCEAN, NJ	CHARITABLE PURPOSES	$10,800
SEPHARDIC INSTITUTE BROOKLYN, NY	CHARITABLE PURPOSES	$12,663
AMERICAN FRIENDS OF YIRGUN YRA NEW YORK, NY	CHARITABLE PURPOSES	$36,000
CONGREGATION SHAARE ZION BROOKLYN, NY	CHARITABLE PURPOSES	$99,915
YDE BOYS HIGH SCHOOL BROOKLYN, NY	CHARITABLE PURPOSES	$124,000
MISCELLANEOUS DONATIONS LESS THAN 5000 NEW YORK, NY	CHARITABLE PURPOSES	$68,675

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is governed by two officers and trustees. The principal officer is listed as Almar Sales Co Inc.

Contact Information:

Address: Almar Sales Co, 320 Fifth Avenue, 3rd Floor, New York, NY 10001
Telephone: (212) 594-6920

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RAYMOND J ASHKENAZIE	DIRECTOR	5	—
JACK R ASHKENAZIE	TREASURER	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Jack H Ashkenazie Foundation fund?

The foundation supports charitable purposes with a focus on hospitals, education, hunger relief, human services, and Judaism-related organizations.

How do I apply for a grant from Jack H Ashkenazie Foundation?

**Grant Activity & Patterns:** • Makes approximately 18-21 grants annually • Median grant size: $5,000 • Grant range: $5,000 to $189,000 • Average award: $20,000 • Historical total: 73 grants totaling $1.5 million across available records • Supported 49 unique organizations **Application Policy:** The foundation operates on an invite-only basis and does not accept unsolicited applications. **Recent Grants (2024):** • Shaare Zion Congregation: $99,915 • American Friends of Yirgun Yra: $36,000 • …

Where does Jack H Ashkenazie Foundation make grants?

What size grants does Jack H Ashkenazie Foundation award?

In 2024, Jack H Ashkenazie Foundation awarded 9 grants totaling $376K — an average of about $42K per grant, based on its IRS Form 990 filings.

How much is Jack H Ashkenazie Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jack H Ashkenazie Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.