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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$454K
+6.2% YoY
Annual Giving
$29K
+62.5% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$4K
+62.5% YoY
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.
About Megilah Foundation Inc
Based on IRS filings
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $454,345 | $427,852 |
| Revenue | $102,519 | $500,155 |
| Expenses | $73,921 | $84,828 |
| Qualifying Distributions | $69,017 | $84,815 |
| Net Investment Income | $10,464 | — |
| Distributable Amount | $19,883 | $1,793 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shaare Tefilah Bene Moshe ($13,324), Rohr Chabad Jewish Center at Tx A&m ($6,502), Darchay Elazar & Zion ($6,283).
| Recipient | Purpose | Amount |
|---|---|---|
| ATZMUTORG | SUPPORT ISRAEL ORGANIZATIONS | $1,172 |
| DARCHAY ELAZAR & ZION | SUPPORT ISRAEL ORGANIZATIONS | $6,283 |
| DONATION TO IDF SOLDIER | EQUIPMENT TO SUPPORT IDF SOLDIER | $1,368 |
| KEREN HATZEDAKA INC JACKSON, NJ | SUPPORT ORTHODOX JEWISH COMMUNITY ORGANIZATIONS | $10 |
| ROHR CHABAD JEWISH CENTER AT TX A&M COLLEGE STATION, TX | SUPPORT ORTHODOX JEWISH COMMUNITY ORGANIZATIONS | $6,502 |
| SHAARE TEFILAH BENE MOSHE EATONTOWN, NJ | SUPPORT SEPHARDIC JEWISH COMMUNITY ENGAGEMENT | $13,324 |
| THE CHESED FUND BROOKLYN, NY | SUPPORT ORTHODOX JEWISH COMMUNITY ORGANIZATIONS | $614 |
| TOIREM BROOKLYN, NY | SUPPORT ORTHODOX JEWISH COMMUNITY ORGANIZATIONS | $54 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GAYLE HESKIEL | PRESIDENT | 1 | — |
| ISRAEL HESKIEL | TREASURER | 1 | — |
| AMANDA BEN DAYAN | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Megilah Foundation Inc?
As of 2024, Megilah Foundation Inc holds $454K in total assets with $103K in annual revenue. It awarded 8 grants totaling $29K in 2024.
Where does Megilah Foundation Inc operate?
Megilah Foundation Inc has awarded grants in New Jersey, New York, Texas.
What size grants does Megilah Foundation Inc award?
In 2024, Megilah Foundation Inc awarded 8 grants totaling $29K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Megilah Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Megilah Foundation Inc reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Megilah Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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