Mahshala Foundation Inc
Mahshala Foundation Inc is a 501(c)(3) nonprofit organization based in Brooklyn, New York. The organization has maintained tax-exempt status since December 1967.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+39.0% YoY
Annual Giving
$781K
+223.6% YoY
Grant Count
38
+72.7% YoY
Avg Grant Size
$21K
+87.3% YoY
Under IRS private-foundation payout rules, Mahshala Foundation Inc reported a distributable amount of $165K for 2024 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024 (Most Recent)
- Revenue: $1,551,725
- Expenses: $801,384
- Net Income: $750,341
- Total Assets: $2,679,297
- Total Liabilities: $0
Revenue Composition
- Contributions Received: 98.1% of total revenue
- Other sources: 3.4% of total revenue
The organization maintains a healthy financial position with expenses representing approximately 52% of annual revenue, allowing for significant asset accumulation and reserve building.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,679,297 | $1,927,973 | $2,035,274 |
| Revenue | $1,551,725 | $144,829 | $263,220 |
| Expenses | $801,384 | $256,003 | $315,936 |
| Qualifying Distributions | $781,171 | $241,410 | $302,513 |
| Net Investment Income | $38,395 | $37,212 | $212,753 |
| Distributable Amount | $165,265 | $108,512 | $108,782 |
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
122 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Magen David Yeshiva Fed Id#11-1666839 ($410,000), Miscellaneous Contributions Under 2500 ($61,337), Sephardic Bikur Holim Inc Fed Id# 47-1484178 ($34,200).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF YAD ELIZER INC FED ID# 11-3459952 BROOKLYN, NY | TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $2,600 |
| BRIDGE ACADEMY FED ID# 02-0694031 LAWRENCEVILLE, NJ | TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $2,600 |
| CONGREGATION SHAARE ZION BROOKLYN, NY | TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $32,550 |
| EDMUND J SAFRA SYNAGOGUE BROOKLYN, NY | TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $15,680 |
| HATZALAH EMS OF THE JERSEY SHORE ELBERON, NJ | TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $5,000 |
| KESHER ORGANIZATION NORTH BERGEN, NJ | TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $3,600 |
| KHD MESILAT HATORAH BROOKLYN, NY | TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $3,000 |
| MATAN BASETER BROOKLYN, NY | TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $5,200 |
| MISCELLANEOUS CONTRIBUTIONS UNDER 2500 BROOKLYN, NY | RELIGIOUS & EDUCATIONAL | $61,337 |
| PORAT YOSEF FOUNDATION FED ID# 11-6077810 BROOKLYN, NY | TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The organization lists Nissim Shalom at 1957 E 4th St, Brooklyn, NY 11223 in connection with the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LANA SHALOM | DIRECTOR | — | — |
| NISSIM SHALOM | DIRECTOR | — | — |
| JAMES SHALOM | TREASURER | — | — |
Frequently Asked Questions
What size grants does Mahshala Foundation Inc award?
In 2024, Mahshala Foundation Inc awarded 38 grants totaling $781K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Mahshala Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mahshala Foundation Inc reported a distributable amount of $165K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mahshala Foundation Inc's EIN?
Mahshala Foundation Inc's EIN (Employer Identification Number) is 11-6100993. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mahshala Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.