Massim Tovim Foundation

SPRING VALLEY, NY EIN: 52-7323922

Massim Tovim Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRING VALLEY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $236K in total assets. In 2024, it awarded 22 grants totaling $65K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$236K

Annual Giving

$65K

Grant Count

22

Avg Grant Size

$3K

Under IRS private-foundation payout rules, Massim Tovim Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.

About Massim Tovim Foundation

Based on IRS filings

Massim Tovim Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRING VALLEY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $236K in total assets. In 2024, it awarded 22 grants totaling $65K. Net investment income was $8K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BrooklynFleischmannsLakewoodMonroeMonseyNew YorkSuffern

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$36K$53K$71K2020202120222024
Metric202420222021
Total Assets$235,709$311,854$338,219
Revenue$18,023$31,487$23,879
Expenses$64,680$57,852$22,353
Qualifying Distributions$64,665$56,932
Net Investment Income$8,123$14,017$9,137
Distributable Amount$18,233$13,085$13,962

Giving Over Time

Total grant dollars and number of grants per year

$0$16K$32K$48K$65K1 grants202020 grants20213 grants202222 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CONG ATERES SHALOM$10KTov Vcheses$10KMOSDOS SATMAR$8KNEFESH HACHAIM INC$5KYESHIVAS HAMTZIYOONIM DS…$5KCongregation Chonen Vnosen$4Kcongregation Ben Beisy$3KMIKVA PESEL RIVKA$3Kvarious$3KCONG ACHDUS CHAVEIRIM$3K

Grant Size Distribution

46 grants across all recorded years

45<$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 Ateres Shalom ($10,000), Tov Vcheses ($10,000), Mosdos Satmar ($8,000).

RecipientPurposeAmount
CONG ATERES SHALOM lakewood, NJto promote activities of organization$10,000
CONG ACHDUS CHAVEIRIM Brooklyn, NYto promote activities of organization$2,660
MOSDOS SATMAR Brooklyn, NYto promote activities of organization$8,000
various Brooklyn, NYto promote activities of organization$2,720
Bayis Lepleitos Ateres Bonos Inc Brooklyn, NYto promote activities of organization$1,800
BE ER MIRIAM INC SUFFERN, NYto promote activities of organization$1,000
CONG YETEV LEV D SATMAR CYL INC BROOKLYN, NYto promote activities of organization$1,000
congregation Ben Beisy Monroe, NYto promote activities of organization$3,240
Congregation Chonen Vnosen BROOKLYN, NYto promote activities of organization$3,565
NEFESH HACHAIM INC LAKEWOOD, NJto promote activities of organization$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Joseph Kainofficer
Toby Kainofficer

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Massim Tovim Foundation?

Massim Tovim Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRING VALLEY, NY. It holds $236K in total assets as of 2024.

How large is Massim Tovim Foundation?

As of 2024, Massim Tovim Foundation holds $236K in total assets with $18K in annual revenue. It awarded 22 grants totaling $65K in 2024.

Where does Massim Tovim Foundation operate?

Massim Tovim Foundation has awarded grants in New Jersey, New York.

What size grants does Massim Tovim Foundation award?

In 2024, Massim Tovim Foundation awarded 22 grants totaling $65K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Massim Tovim Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Massim Tovim Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Massim Tovim Foundation's EIN?

Massim Tovim Foundation's EIN (Employer Identification Number) is 52-7323922. IRS Form 990 filing data is available on this page for 2020–2024.

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

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