Joley Foundation Inc
Joley Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $192K in total assets. In 2024, it awarded 1 grant totaling $7K. Net investment income was $36K.
Joley Foundation Inc at a glance
In short: Joley Foundation Inc gave $7K across 1 grant in 2024 (avg $7K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,200
- +20.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $7,200
- +20.0% vs 2023
- Median grant
- $7,200
- Total assets
- $191,990
- +17.0% vs 2023
- Primary geography
- New York (100% 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 Joley Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was American Friends of Mercaz Hatorah ($7K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Joley Foundation Inc gives
- Giving grew 85% from 2021 to 2024. Method
- In 2024 it paid out 76% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2021 to 2024, annual grant giving ranged from $4K (2021) to $7K (2024). In 2024 it made 1 grant totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Friends of Mercaz Hatorah Brooklyn, NY | To Further Education | $7,200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $191,990 | $36,264 | $8,432 | $7,200 | 1 | $7,200 | $36,264 | $9,497 |
| 2023 | $164,158 | $38,609 | $6,756 | $6,000 | 1 | $6,000 | $38,609 | $7,088 |
| 2022 | $132,305 | $8,686 | $6,216 | $5,000 | 1 | $5,000 | $8,686 | $6,476 |
| 2021 | $129,835 | $41,633 | $5,869 | $3,900 | 1 | — | $41,633 | $4,512 |
Under IRS private-foundation payout rules, Joley Foundation Inc reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Joley Foundation Inc is led by Nathaniel Levy, President & Treasurer on every filing since 2021; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Nathaniel Levy
President & Treasurer
On filings since 2021
No compensation reported
Chana T. Weinberger
Director
On filings since 2021
No compensation reported
Yaacov Y. Levy
Director
On filings since 2021
No compensation reported
Carol Schwartz
Secretary
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 Joley Foundation Inc
How much does Joley Foundation Inc give each year?
Joley Foundation Inc gave $7K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6K across 1 grant.
How large is Joley Foundation Inc?
Joley Foundation Inc reported $192K in total assets on its 2024 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Joley Foundation Inc operate?
Joley Foundation Inc has awarded grants in New York.
What is Joley Foundation Inc's EIN?
Joley Foundation Inc's EIN (Employer Identification Number) is 11-6009019. IRS Form 990 filing data is available on this page for 2021–2024.
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
- IRS filings on file for fiscal years 2021–2024
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