Marcy Ave Foundation

BROOKLYN, NY EIN: 82-1843213

Marcy Ave Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $273K in total assets. In 2022, it awarded 6 grants totaling $51K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$273K

-6.9% YoY

Annual Giving

$51K

-0.1% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$9K

-0.1% YoY

Under IRS private-foundation payout rules, Marcy Ave Foundation reported a distributable amount of $14K for 2022 — the minimum it must pay out in qualifying distributions.

About Marcy Ave Foundation

Based on IRS filings

Marcy Ave Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $273K in total assets. In 2022, it awarded 6 grants totaling $51K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AirmongBrooklynHighland MillsKiamesha LakeLakewoodMonroeMonseyMonseynySouth Fallsburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23K$46K$69K$92K202020212022
Metric202220212020
Total Assets$272,897$293,117$260,449
Revenue$30,800$83,800$45,300
Expenses$51,020$51,132$44,831
Qualifying Distributions$51,020$51,082
Net Investment Income
Distributable Amount$13,778

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$26K$38K$51K199 grants20206 grants20216 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2022

Cong Masbia Lechol Chai …$17KCong Kollel Yisocher Ber$15KVarious Contributions Be…$12KGemach Mordchei Tzvi$4KBeth Pinchas$2KKolel Shomrei Hachomes$2K

Grant Size Distribution

62 grants across all recorded years

62<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Cong Masbia Lechol Chai Inc ($16,600), Cong Kollel Yisocher Ber ($15,000), Various Contributions Below 1500 ($11,920).

RecipientPurposeAmount
Beth Pinchas Brooklyn, NYGeneral Support$2,000
Gemach Mordchei Tzvi Brooklyn, NYGeneral Support$4,000
Cong Kollel Yisocher Ber Monroe, NYGeneral Support$15,000
Kolel Shomrei Hachomes Brooklyn, NYGeneral Support$1,500
Cong Masbia Lechol Chai Inc Airmong, NYGeneral Support$16,600
Various Contributions Below 1500 Brooklyn, NYGeneral Support$11,920

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
Yakov WeissTrustee1
Rochel WeissTrustee1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Marcy Ave Foundation?

Marcy Ave Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. It holds $273K in total assets as of 2022.

How large is Marcy Ave Foundation?

As of 2022, Marcy Ave Foundation holds $273K in total assets with $31K in annual revenue. It awarded 6 grants totaling $51K in 2022.

Where does Marcy Ave Foundation operate?

Marcy Ave Foundation has awarded grants in New Jersey, New York.

What size grants does Marcy Ave Foundation award?

In 2022, Marcy Ave Foundation awarded 6 grants totaling $51K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Marcy Ave Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Marcy Ave Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Marcy Ave Foundation's EIN?

Marcy Ave Foundation's EIN (Employer Identification Number) is 82-1843213. IRS Form 990 filing data is available on this page for 2020–2022.

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

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