Megilah Foundation Inc

Private foundation · Grantmaker Ocean, NJ EIN: 93-4053139

Megilah Foundation Inc is a private foundation focused on Human Services, based in Ocean, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $454K in total assets. In 2024, it awarded 8 grants totaling $29K. Net investment income was $10K.

Megilah Foundation Inc at a glance

In short: Megilah Foundation Inc gave $29K across 8 grants in 2024 (avg $4K), top state New Jersey. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$29,327
+62.5% vs 2023
Grants made (2024)
8
+0.0% vs 2023
Average grant
$3,666
+62.5% vs 2023
Median grant
$1,270
Total assets
$454,345
+6.2% vs 2023
Primary geography
New Jersey (45% 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 Megilah Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Shaare Tefilah Bene Moshe: $13KShaare Tefilah Bene Moshe$13KRohr Chabad Jewish Center at TX A&M: $7KRohr Chabad Jewish Center atTX A&M$7KDarchay Elazar & Zion: $6KDarchay Elazar & Zion$6KDonation to IDF Soldier: $1KDonation to IDF Soldier$1KAtzmutorg: $1KAtzmutorg$1KThe Chesed Fund: $614The Chesed Fund$614Toirem: $54Toirem$54Keren Hatzedaka Inc: $10Keren Hatzedaka Inc$10

The largest 2024 recipient was Shaare Tefilah Bene Moshe ($13K). Together the top 8 received $29K.

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

BrooklynEatontownCollege StationOceanOcean TownshipJackson

How Megilah Foundation Inc gives

  • In 2024 it paid out 347% 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

$0$10K$20K$30K8 grants2023 8 grants2024

From 2023 to 2024, annual grant giving ranged from $18K (2023) to $29K (2024). In 2024 it made 8 grants totaling $29K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Shaare Tefilah Bene Moshe Eatontown, NJSupport Sephardic Jewish Community Engagement$13,324
Rohr Chabad Jewish Center at TX A&M College Station, TXSupport Orthodox Jewish Community Organizations$6,502
Darchay Elazar & Zion Support Israel Organizations$6,283
Donation to IDF Soldier Equipment to Support IDF Soldier$1,368
Atzmutorg Support Israel Organizations$1,172
The Chesed Fund Brooklyn, NYSupport Orthodox Jewish Community Organizations$614
Toirem Brooklyn, NYSupport Orthodox Jewish Community Organizations$54
Keren Hatzedaka Inc Jackson, NJSupport Orthodox Jewish Community Organizations$10
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$454,345$102,519$73,921$29,3278$69,017$10,464$19,883
2023$427,852$500,155$84,828$18,0438$84,815—$1,793

Under IRS private-foundation payout rules, Megilah Foundation Inc reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Megilah Foundation Inc is led by Gayle Heskiel, President on every filing since 2023; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Gayle Heskiel

    President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Amanda Ben Dayan

    Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

  • Israel Heskiel

    Treasurer

    On filings since 2023

    1 hr/week

    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 Megilah Foundation Inc

How much does Megilah Foundation Inc give each year?

Megilah Foundation Inc gave $29K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $18K across 8 grants.

What is Megilah Foundation Inc's typical grant size?

Megilah Foundation Inc's median grant in 2024 was $1,270, and its average grant was $3,666, across 8 grants on its 2024 IRS Form 990-PF.

Where does Megilah Foundation Inc give grants?

Megilah Foundation Inc's top state is New Jersey, with 45% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was Texas (22%). The most frequent recipient cities were Brooklyn, NY (2 grants).

Does Megilah Foundation Inc give general operating support?

Not in 2024: none of the 8 grants with a stated purpose on Megilah Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support Orthodox Jewish Community Organizations" (4 grants).

Who are Megilah Foundation Inc's largest grantees?

Megilah Foundation Inc's largest 2024 grantees include Shaare Tefilah Bene Moshe ($13,324), Rohr Chabad Jewish Center at TX A&M ($6,502) and Darchay Elazar & Zion ($6,283), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.

How large is Megilah Foundation Inc?

Megilah Foundation Inc reported $454K in total assets on its 2024 IRS Form 990-PF. It paid out $69K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).

What is Megilah Foundation Inc?

Megilah Foundation Inc is a private foundation focused on Human Services, based in Ocean, NJ. It holds $454K in total assets as of 2024.

What is Megilah Foundation Inc's EIN?

Megilah Foundation Inc's EIN (Employer Identification Number) is 93-4053139. 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

  1. IRS filings on file for fiscal years 2023–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Megilah Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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