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.
Key facts about Megilah Foundation Inc
In short: Megilah Foundation Inc gave $29K across 8 grants in 2024 (avg $4K), top state New Jersey. Source: 2024 IRS Form 990-PF.
- EIN
- 93-4053139
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $29,327
- Grants made (2024)
- 8
- Average grant
- $3,666
- Median grant
- $1,270
- Total assets
- $454,345
- Primary geography
- New Jersey (45% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
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.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $18K (2023) to $29K (2024). In 2024 it made 8 grants totaling $29K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
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
The most common grant size was under $50K: 16 grants of 16 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shaare Tefilah Bene Moshe Eatontown, NJ | Support Sephardic Jewish Community Engagement | $13,324 |
| Rohr Chabad Jewish Center at TX A&M College Station, TX | Support 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, NY | Support Orthodox Jewish Community Organizations | $614 |
| Toirem Brooklyn, NY | Support Orthodox Jewish Community Organizations | $54 |
| Keren Hatzedaka Inc Jackson, NJ | Support Orthodox Jewish Community Organizations | $10 |
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
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.
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