M Retek Foundation Inc
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 grant totaling $93K. Net investment income was $4K.
M Retek Foundation Inc at a glance
In short: M Retek Foundation Inc gave $93K across 1 grant in 2024 (avg $93K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $93,000
- Grants made (2024)
- 1
- Average grant
- $93,000
- Median grant
- $93,000
- Total assets
- $261,453
- +30.7% 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 M Retek Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Cong Yetev Lev ($93K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 1 (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 M Retek Foundation Inc gives
- In 2024 it paid out 823% of its IRS minimum distribution (the 5% rule). 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
In 2024 it made 1 grant totaling $93K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cong Yetev Lev Brooklyn, NY | 501 (C)(3) Charitable Contribution | $93,000 |
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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 | $261,453 | $154,603 | $93,150 | $93,000 | 1 | $93,000 | $4,453 | $11,301 |
| 2023 | $200,000 | $200,000 | — | — | — | — | — | $1 |
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.
Leadership & Key People
Officers and directors from IRS filings
M Retek Foundation Inc is led by Mordechai Retek, President on every filing since 2023; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mordechai Retek
President
On filings since 2023
No compensation reported
Chaya B. Retek
Officer
On filings since 2023
No compensation reported
Toby Retek
Officer
On filings since 2023
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "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 M Retek Foundation Inc
How much does M Retek Foundation Inc give each year?
M Retek Foundation Inc gave $93K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is M Retek Foundation Inc?
M Retek Foundation Inc reported $261K in total assets on its 2024 IRS Form 990-PF. It paid out $93K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).
Where does M Retek Foundation Inc operate?
M Retek Foundation Inc has awarded grants in New York.
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.
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 2023–2024
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