Joley Foundation Inc

NEW YORK, NY EIN: 11-6009019

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 grants totaling $7K. Net investment income was $36K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$192K

+17.0% YoY

Annual Giving

$7K

+20.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

+20.0% YoY

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.

About Joley Foundation Inc

Based on IRS filings

Ready to take the next step with Joley Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $22K (100%)

States

New York

Cities

Brooklyn

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$191,990	$164,158	$132,305
Revenue	$36,264	$38,609	$8,686
Expenses	$8,432	$6,756	$6,216
Qualifying Distributions	$7,200	$6,000	$5,000
Net Investment Income	$36,264	$38,609	$8,686
Distributable Amount	$9,497	$7,088	$6,476

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Friends of Mercaz Hatorah ($7,200).

Recipient	Purpose	Amount
AMERICAN FRIENDS OF MERCAZ HATORAH BROOKLYN, NY	TO FURTHER EDUCATION	$7,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NATHANIEL LEVY	PRESIDENT/TREASURER	—	—
CAROL SCHWARTZ	SECRETARY	—	—
CHANA T WEINBERGER	DIRECTOR	—	—
YAACOV Y LEVY	DIRECTOR	—	—

Frequently Asked Questions

How large is Joley Foundation Inc?

As of 2024, Joley Foundation Inc holds $192K in total assets with $36K in annual revenue. It awarded 1 grants totaling $7K in 2024.

Where does Joley Foundation Inc operate?

Joley Foundation Inc has awarded grants in New York.

What size grants does Joley Foundation Inc award?

In 2024, Joley Foundation Inc awarded 1 grants totaling $7K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Joley Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joley Foundation Inc reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.