M Retek Foundation Inc

BROOKLYN, NY EIN: 99-0414144

M Retek Foundation Inc is a private foundation, based in BROOKLYN, NY. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $261K in total assets. In 2024, it awarded 1 grants totaling $93K. Net investment income was $4K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$261K

+30.7% YoY

Annual Giving

$93K

Grant Count

1

Avg Grant Size

$93K

Under IRS private-foundation payout rules, M Retek Foundation Inc reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About M Retek Foundation Inc

Based on IRS filings

M Retek Foundation Inc is a private foundation, based in BROOKLYN, NY. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $261K in total assets. In 2024, it awarded 1 grants totaling $93K. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Brooklyn

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$165K$220K20232024
Metric20242023
Total Assets$261,453$200,000
Revenue$154,603$200,000
Expenses$93,150
Qualifying Distributions$93,000
Net Investment Income$4,453
Distributable Amount$11,301$1

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$47K$70K$93K0 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

CONG YETEV LEV$93K

Grant Size Distribution

1 grants across all recorded years

<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cong Yetev Lev ($93,000).

RecipientPurposeAmount
CONG YETEV LEV BROOKLYN, NY501 (C)(3) CHARITABLE CONTRIBUTION$93,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MORDECHAI RETEKPRESIDENT
CHAYA B RETEKOFFICER
TOBY RETEKOFFICER

Frequently Asked Questions

How large is M Retek Foundation Inc?

As of 2024, M Retek Foundation Inc holds $261K in total assets with $155K in annual revenue. It awarded 1 grants totaling $93K in 2024.

Where does M Retek Foundation Inc operate?

M Retek Foundation Inc has awarded grants in New York.

What size grants does M Retek Foundation Inc award?

In 2024, M Retek Foundation Inc awarded 1 grants totaling $93K — an average of about $93K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, M Retek Foundation Inc reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is M Retek Foundation Inc's EIN?

M Retek Foundation Inc's EIN (Employer Identification Number) is 99-0414144. IRS Form 990 filing data is available on this page for 2023–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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