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Mars Foundation

MONSEY, NY EIN: 31-1743263 Website

Mars Foundation is a private foundation established in 2000 and based in Monsey, New York. It operates as a 501(c)(3) tax-exempt organization classified as a grantmaking foundation. The foundation focuses on charitable giving across education, philanthropy, voluntarism, and human services.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+18.3% YoY

Annual Giving

$792K

-16.0% YoY

Grant Count

17

-15.0% YoY

Avg Grant Size

$47K

-1.2% YoY

Under IRS private-foundation payout rules, Mars Foundation reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mars Foundation's primary funding interests include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

Grant Range

$5,000–$584,298

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Geographic Focus

Where this funder awards grants

Mars Foundation primarily funds charitable organizations in:

  • New York
  • Michigan
  • New Jersey

Grant Distribution by State

4states

Cities

AirmontBaltimoreBronxBrooklynFlushingLakewoodLawrenceMonseyNew YorkNew York CityOak ParkPassaicSouthfieldSpring ValleyStaten IslandSuffernTeaneck

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $2,209,780
  • Total Revenue: $1,139,008
  • Total Expenses: $796,616
  • Net Income: $342,392
  • Total Liabilities: $0

As of December 2023:

  • Total Assets: $1,867,388
  • Total Revenue: $123,143
  • Total Expenses: $949,217

Investment Income:

  • 2023: $99,875 in investment income and dividends
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$2,209,780$1,867,388$2,693,462
Revenue$1,139,008$123,143$587,099
Expenses$796,616$949,217$872,425
Qualifying Distributions$794,106$945,543$869,890
Net Investment Income$160,498$121,469$14,564
Distributable Amount$50,253$66,870$21,237

Giving Over Time

Total grant dollars and number of grants per year

$0$268K$537K$805K$1M21 grants202041 grants202110 grants202220 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

VARIOUS CHARITABLE ORGAN…$444KCONGREGATION PE'ER BAIS …$143KInstitute of Dayanim$36KYESHIVA MIR YERUSHALYIM$25KBeth Medrash Govoha$25KBINYAN YERUSHLAIM$19KKOLLEL SHABBOS KODESH$18KYeshivas Darchei Torah$15KMishkan Yecheskel$12KYESHIVA STATEN ISLAND$10K

Grant Size Distribution

109 grants across all recorded years

95<$50K8$50–100K2$100–250K3$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various Charitable Organizations ($444,300), Congregation Pe'er Bais Yaakov ($143,000), Institute of Dayanim ($36,000).

RecipientPurposeAmount
VARIOUS CHARITABLE ORGANIZATIONS monsey, NYCHARITABLE$444,300
YESHIVA STATEN ISLAND Staten Island, NYCHARITABLE$10,000
BAIS YOSEF MEIR monsey, NYCHARITABLE$5,000
Yeshiva Degel Hatorah Spring Valley, NYCHARITABLE$10,000
MOSDOS TOLDOS AHARON BROOKLYN, NYCHARITABLE$10,000
BINYAN YERUSHLAIM BROOKLYN, NYCHARITABLE$19,000
CONGREGATION PE'ER BAIS YAAKOV MONSEY, NYCHARITABLE$143,000
Mishkan Yecheskel BROOKLYN, NYCHARITABLE$12,000
Institute of Dayanim OAK PARK, MICHARITABLE$36,000
Ohr Hatorah Flushing, NYCHARITABLE$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Personnel:

  • Aryeh Goldstein, President (as of 2023)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ARYEH GOLDSTEINPresident
SARAH GOLDSTEINTrustee
YISROEL GOLDSTEINTrustee

Contact Information

  • Address: 38 Olympia Drive (or 38 Olympia Lane), Monsey, NY 10952
  • Telephone: 845-369-0434
  • EIN: 31-1743263

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Mars Foundation fund?

Mars Foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Mars Foundation?

**Grant Activity:** • Total giving in 2024: $792,300 • Total giving in 2023: Approximately $949,217 in expenses • Grant range: $5,000–$584,298 • Number of grants (2023): 31 grants to various charitable organizations **Recent Grant Examples (2023):** • Binyan Yerushlaim: $75,500 • Institute for Dayanim: $72,000 • Congregation Beth Medrash Govoha: $37,800

Where does Mars Foundation make grants?

Mars Foundation primarily funds charitable organizations in: • New York • Michigan • New Jersey

What size grants does Mars Foundation award?

In 2024, Mars Foundation awarded 17 grants totaling $792K — an average of about $47K per grant, based on its IRS Form 990 filings.

How much is Mars Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mars Foundation reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mars Foundation's EIN?

Mars Foundation's EIN (Employer Identification Number) is 31-1743263. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Mars Foundation'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.

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