Joseph Jack Sitt 1986 - Charitable Trust
The Joseph Jack Sitt 1986 - Charitable Trust is a private foundation based in New York City. Established in 1986, the trust operates as a family foundation with a focus on philanthropic giving to select organizations and causes.
Key facts about Joseph Jack Sitt 1986 - Charitable Trust
- EIN
- 13-3406764
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $138,265
- Grants made (2024)
- 21
- Average grant
- $6,584
- Median grant
- $1,800
- New grantees (estimate)
- 43% first-time grantees (9 of 21, 2024)
- Total assets
- $8,598,419
- Primary geography
- New York (52% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Joseph Jack Sitt 1986 - Charitable Trust funds
By grant dollars, the top recipient states for Joseph Jack Sitt 1986 - Charitable Trust's 21 itemized 2024 grants were New York (52%) and New Hampshire (43%). The most frequent recipient cities were Brooklyn, NY (9 grants) and New York, NY (4 grants). 100% of grants with a stated purpose were for general or operating support.
Is Joseph Jack Sitt 1986 - Charitable Trust open to new grantees?
43%
first-time grantees, 2024
In 2024, 9 of 21 grantees (43%) were first-time recipients. First grants averaged $8K; repeat grants $5K. How we count
Medians: $2K first-time, $2K repeat.
- 52% of 2024 grantees were also funded in 2023. Method
- Giving fell 48% from 2021 to 2024. Method
- In 2024 it paid out 40% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Joseph Jack Sitt 1986 - Charitable Trust
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.6M
+21.8% YoY
Annual Giving
$138K
+4.7% YoY
Grant Count
21
-40.0% YoY
Avg Grant Size
$7K
+74.5% YoY
Under IRS private-foundation payout rules, Joseph Jack Sitt 1986 - Charitable Trust reported a distributable amount of $382K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The trust gives primarily for Jewish organizations. Its grant-making also focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
The trust primarily funds organizations in New York, New Jersey, and New Hampshire.
Grant Range
s & Activity:**
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 21 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $8,598,419
- Total Annual Giving: $138,265
- EIN: 13-3406764
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,598,419 | $7,060,254 | $7,555,794 |
| Revenue | $1,691,413 | $-395,590 | $-755,809 |
| Expenses | $153,498 | $137,588 | $134,395 |
| Qualifying Distributions | $153,498 | $137,428 | $133,438 |
| Net Investment Income | $4,235 | $21,734 | $21,368 |
| Distributable Amount | $381,804 | $341,260 | $373,379 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
153 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Currier Museum Of Art ($60,000), Sephardic Community Center ($26,570), Total Donations Less Than 1000 ($14,795).
| Recipient | Purpose | Amount |
|---|---|---|
| Currier Museum Of Art Manchester, NH | Unrestricted | $60,000 |
| Sephardic Community Center Brooklyn, NY | Unrestricted | $26,570 |
| Total Donations Less Than 1000 Various, NY | Unrestricted. | $14,795 |
| Renewal Of Life Brooklyn, NY | Unrestricted | $5,300 |
| Yeshiva of Flatbush Brooklyn, NY | Unrestricted | $4,300 |
| Lung Cancer Research Foundation New York, NY | Unrestricted | $3,600 |
| Sephardic Community Alliance Brooklyn, NY | Unrestricted | $3,600 |
| Albert Missry Foundation New York, NY | Unrestricted | $2,000 |
| Deal Policeman's Benevolent Association Deal, NJ | Unrestricted | $2,000 |
| Mitzvah Man Foundation Corp Brooklyn, NY | Unrestricted | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joseph J Sitt | Trustee | — | — |
Contact Information
Address: 25 W 39th St, Floor 11 New York City, NY 10018-4074
Telephone: 212-529-5055
Frequently Asked Questions
What does Joseph Jack Sitt 1986 - Charitable Trust fund?
The trust gives primarily for Jewish organizations. Its grant-making also focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
How do I apply for a grant from Joseph Jack Sitt 1986 - Charitable Trust?
**Grant Sizes & Activity:** • Typical awards range from $1,000 to $60,000 • Total giving in the most recent fiscal year: $138,265 **Geographic Focus:** The trust primarily funds organizations in New York, New Jersey, and New Hampshire.
What size grants does Joseph Jack Sitt 1986 - Charitable Trust award?
In 2024, Joseph Jack Sitt 1986 - Charitable Trust awarded 21 grants totaling $138K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Joseph Jack Sitt 1986 - Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Joseph Jack Sitt 1986 - Charitable Trust reported a distributable amount of $382K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joseph Jack Sitt 1986 - Charitable Trust's EIN?
Joseph Jack Sitt 1986 - Charitable Trust's EIN (Employer Identification Number) is 13-3406764. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.