ML Charitable Foundation

Private foundation · Grantmaker Brooklyn, NY EIN: 26-0529767

ML Charitable Foundation is a private foundation based in Brooklyn, New York. Its 2022 filing is marked as the organization’s final return, indicating that it appears to have wound down or stopped grantmaking.

ML Charitable Foundation at a glance

In short: ML Charitable Foundation gave $493K across 11 grants in 2022 (avg $45K), mostly in Florida. Source: 2022 IRS Form 990-PF.

Annual giving (2022)
$493,470
+2168.7% vs 2021
Grants made (2022)
11
+0.0% vs 2021
Average grant
$44,861
+2168.7% vs 2021
Median grant
$50,000
Primary geography
Florida (71% of itemized 2022 grant dollars)
Latest 990 filing
Form 990-PF, 2022 View filing

Data from IRS Form 990-PF, 2022; updated September 2026.

How to apply to ML Charitable Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations. Its 2022 filing is marked as its final return, so this should not be treated as a current application process.

Contact

Mailing address: 1313 51St Street, Brooklyn, NY 11219
Phone: (718) 851-8617

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who ML Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2022

Schwab Charitable Fund: $350K across 9 grantsSchwab Charitable Fund$350K · 9 grantsVanguard Charitable Fund: $143K across 2 grantsVanguard Charitable Fund$143K · 2 grants

The largest 2022 recipient was Schwab Charitable Fund ($350K across 9 grants). Together the top 2 received $493K.

Grant Size Distribution

30 grants across all recorded years

24<$50K5$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 30 (80%).

Geographic Focus

Where this funder awards grants

The 2022 grants went to recipients in Florida (71% of grant dollars) and Rhode Island (29%). These figures describe the locations of listed recipients.

Grant Distribution by State

4states

Share of 2022 grant dollars across all 11 itemized grants.

Cities

LakewoodOrlandoWarwickBrooklynMonsey

How ML Charitable Foundation gives

  • Giving grew 36185% from 2019 to 2022. Method
  • In 2022 it paid out well above 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$200K$400K$600K2 grants2019 6 grants2020 11 grants2021 11 grants2022

From 2019 to 2022, annual grant giving ranged from $1K (2019) to $493K (2022). In 2022 it made 11 grants totaling $493K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Vanguard Charitable Fund Warwick, RICharitable$118,470
Schwab Charitable Fund Orlando, FLCharitable$50,000
Schwab Charitable Fund Orlando, FLCharitable$50,000
Schwab Charitable Fund Orlando, FLCharitable$50,000
Schwab Charitable Fund Orlando, FLCharitable$50,000
Schwab Charitable Fund Orlando, FLCharitable$50,000
Schwab Charitable Fund Orlando, FLCharitable$49,000
Schwab Charitable Fund Orlando, FLCharitable$49,000
Vanguard Charitable Fund Warwick, RICharitable$25,000
Schwab Charitable Fund Orlando, FLCharitable$1,000
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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
2022—$39,008$500,890$493,47011$493,470$39,008$11,903
2021$505,393$261,673$21,808$21,75111$21,751$261,673$18,382
2020$453,480$8,858$8,022$8,0226—$8,858$18,637
2019$308,360$9,348$1,360$1,3602—$9,348$13,048

Under IRS private-foundation payout rules, ML Charitable Foundation reported a distributable amount of $12K for 2022 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Grantmaking

In 2022, the foundation reported 11 grants totaling $493,470. Grant amounts ranged from $1,000 to $118,470, with a median of $50,000. The largest reported grants were $118,470 and $25,000 to Vanguard Charitable Fund, and multiple grants of $49,000 or $50,000 to Schwab Charitable Fund.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2022 filing lists Moshe Lipschitz as president and Chaya Lipschitz as treasurer.

ML Charitable Foundation is led by Moshe Lipschitz, President on every filing since 2019; none of the 2 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Moshe Lipschitz

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Chaya Lipschitz

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2022. "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 ML Charitable Foundation

How much does ML Charitable Foundation give each year?

ML Charitable Foundation gave $493K across 11 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $22K across 11 grants.

What is ML Charitable Foundation's typical grant size?

ML Charitable Foundation's median grant in 2022 was $50,000, and its average grant was $44,861, across 11 grants on its 2022 IRS Form 990-PF.

Where does ML Charitable Foundation give grants?

ML Charitable Foundation gives mostly in Florida: 71% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The next largest state was Rhode Island (29%). The most frequent recipient cities were Orlando, FL (9 grants) and Warwick, RI (2 grants).

Does ML Charitable Foundation give general operating support?

Not in 2022: none of the 11 grants with a stated purpose on ML Charitable Foundation's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (11 grants).

How do I apply for a grant from ML Charitable Foundation?

The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

How much is ML Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, ML Charitable Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is ML Charitable Foundation's EIN?

ML Charitable Foundation's EIN (Employer Identification Number) is 26-0529767. IRS Form 990 filing data is available on this page for 2019–2022.

Does ML Charitable Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS February 27, 2020)
  2. IRS filings on file for fiscal years 2020–2022

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

Figures come from ML Charitable Foundation'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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