Migdal Foundation Inc

Foundation · Grantmaker Brooklyn, NY EIN: 46-3212478

MIGDAL FOUNDATION PROVIDES PERSONALIZED CARE AND SUPPORT FOR PARKINSON'S DISEASE PATIENT'S.

Key facts about Migdal Foundation Inc

EIN: 46-3212478
Latest 990 filing: Form 990 filing, 2024
Annual giving (2024): $285,200
Grants made (2024): 3
Average grant: $95,067
Median grant: $60,000
Total assets: $2,123,858
Primary geography: New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026.

Who Migdal Foundation Inc funds

By grant dollars, the top recipient states for Migdal Foundation Inc's 3 itemized 2024 grants were New York (100%). The most frequent recipient cities were Brooklyn, NY (2 grants). None of its 3 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Help the Disabled" (3 grants).

How Migdal Foundation Inc gives

Giving grew 1326% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Next steps with Migdal Foundation Inc

How to evaluate Migdal Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Migdal Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$2.1M

-2.8% YoY

Annual Giving

$285K

+147.6% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$95K

+230.1% YoY

About Migdal Foundation Inc

Based on IRS filings

Migdal Foundation Inc is a nonprofit organization focused on Human Services, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 3 grants totaling $285K. Net investment income was $36K.

Focus Areas

Human Services

Your AI grants department

Ready to take the next step with Migdal Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $285K (100%)

Share of all 3 itemized 2024 grant dollars.

States

New York

Cities

New YorkBrooklyn

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,123,858	$2,183,980	$1,792,608
Revenue	$535,925	$510,109	$15,931
Expenses	$458,434	$256,350	$76,575
Qualifying Distributions	—	—	—
Net Investment Income	$35,925	$7,907	$15,931
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Menucha Chesed Services Corp ($220,000), Chai Lifeline Inc ($60,000), Congregation Ahavas Chesed D Bobov ($5,200).

Recipient	Purpose	Amount
MENUCHA CHESED SERVICES CORP Brooklyn, NY	TO HELP THE DISABLED	$220,000
CHAI LIFELINE INC New York, NY	TO HELP THE DISABLED	$60,000
CONGREGATION AHAVAS CHESED D BOBOV Brooklyn, NY	TO HELP THE DISABLED	$5,200

Leadership & Key People

Officers and directors from IRS filings

Migdal Foundation Inc is led by Chaim Torn, President since 2021 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

Chaim Torn

President

President & Secretary → President, 2021

On filings since 2020

0.3 hrs/week

No compensation reported
Naftali Reiner

Director

On filings since 2021

0.3 hrs/week

No compensation reported
Joel Mendlovic

Treasurer

On filings since 2021

0.3 hrs/week

No compensation reported

Former officers (2)

Former: Naftali Cisner (2020) — Director & Treasurer
Former: Shlomo Torn (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.