Jay & Hadasa Pomrenze Foundation
The Jay & Hadasa Pomrenze Foundation is a private foundation based in New York. The foundation is led by Jay Pomrenze, a finance professional with extensive experience in banking and investment management.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$860K
-27.1% YoY
Annual Giving
$343K
+7.0% YoY
Grant Count
28
-6.7% YoY
Avg Grant Size
$12K
+14.7% YoY
Under IRS private-foundation payout rules, Jay & Hadasa Pomrenze Foundation reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
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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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $859,775 | $1,179,478 | $1,479,277 |
| Revenue | $29,083 | $33,266 | $496,330 |
| Expenses | $348,786 | $333,065 | $310,266 |
| Qualifying Distributions | $346,236 | $323,225 | $307,881 |
| Net Investment Income | $25,533 | $19,926 | $492,945 |
| Distributable Amount | $81,158 | $65,618 | $81,589 |
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
128 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pef Israel Endowment Funds Inc ($66,035), National Library of Israel Usa ($50,000), American Friends Itim Inc ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN COMMITTEE FOR SHAARE ZEDEK MEDICAL CENTER NEW YORK, NY | TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $10,000 |
| AMERICAN FRIENDS ERETZ HEMDAH CHICAGO, IL | TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $10,400 |
| AMERICAN FRIENDS ITIM INC NEW YORK, NY | TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $40,000 |
| AMERICAN FRIENDS OF ALYN HOSPITAL NEW YORK, NY | TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $682 |
| AMERICAN FRIENDS OF BEIT MIDRASH HAREL TEANECK, NJ | TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $15,000 |
| AMERICAN FRIENDS OF LEKET TEANECK, NJ | TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $400 |
| AMERICAN FRIENDS OF MATAN POMONA, NY | TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $10,000 |
| AMERICAN FRIENDS OF PUAH BROOKLYN, NY | TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $3,600 |
| ANGLO-AMERICAN CHARITABLE FOUNDATION SMITHFILED, NC | TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $1,000 |
| COLEL CHABAD BROOKLYN, NY | TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS | $600 |
Leadership & Key People
Leadership team and compensation from IRS filings
Jay Pomrenze is the founder and key figure associated with the foundation. He spent 26 years at Bankers Trust Company, where he served as a member of the firm's Management Committee before retiring following the company's sale to Deutsche Bank in June 1999. He is a founding partner of Clarity Capital, a global Israeli-based asset management firm.
Jay holds an MBA from New York University and undergraduate and graduate degrees from Yeshiva University. His professional background includes director positions at Poalim Equity - Investment House Ltd. and Shaare Zedek Medical Center.
Hadasa Pomrenze is Jay's wife. Together they have 3 married children and 9 grandchildren.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAY POMRENZE | PRESIDENT | 1 | — |
| HADASA POMRENZE | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What size grants does Jay & Hadasa Pomrenze Foundation award?
In 2024, Jay & Hadasa Pomrenze Foundation awarded 28 grants totaling $343K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Jay & Hadasa Pomrenze Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jay & Hadasa Pomrenze Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jay & Hadasa Pomrenze Foundation's EIN?
Jay & Hadasa Pomrenze Foundation's EIN (Employer Identification Number) is 22-2905892. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jay & Hadasa Pomrenze Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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