Montreal Heritage Foundation
Montreal Heritage Foundation is a private foundation focused on Human Services, based in Spring Valley, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.7M in total assets. In 2025, it awarded 2 grants totaling $118K. Net investment income was $176K.
Key facts about Montreal Heritage Foundation
In short: Montreal Heritage Foundation gave $118K across 2 grants in 2025 (avg $59K), top state New York. Source: 2025 IRS Form 990-PF.
- EIN
- 45-2460754
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $118,000
- Grants made (2025)
- 2
- Average grant
- $59,000
- Median grant
- $59,000
- Total assets
- $3,736,123
- Primary geography
- New York (15% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.7M
+10.5% YoY
Annual Giving
$118K
-62.9% YoY
Grant Count
2
-75.0% YoY
Avg Grant Size
$59K
+48.2% YoY
Under IRS private-foundation payout rules, Montreal Heritage Foundation reported a distributable amount of $139K for 2025 — the minimum it must pay out in qualifying distributions.
How Montreal Heritage Foundation gives
- Giving fell 45% from 2022 to 2025. Method
- In 2025 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $118K (2025) to $573K (2020). In 2025 it made 2 grants totaling $118K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Bais Leplaitos ($100K). Together the top 2 received $118K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 16 grants of 28 (57%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bais Leplaitos | Charitable | $100,000 |
| United Talmudical Academy Brooklyn, NY | Charitable | $18,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,736,123 | $3,382,281 | $3,489,763 |
| Revenue | $224,672 | $228,655 | $230,979 |
| Expenses | $120,830 | $336,138 | $259,876 |
| Qualifying Distributions | $119,540 | $320,980 | $198,250 |
| Net Investment Income | $175,898 | $178,280 | $202,933 |
| Distributable Amount | $139,125 | $136,140 | $150,753 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 31, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 2, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 25, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Montreal Heritage Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jack Basch
Trustee
On filings since 2020
No compensation reported
Michael Inzlicht
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Montreal Heritage Foundation
How much does Montreal Heritage Foundation give each year?
Montreal Heritage Foundation gave $118K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $318K across 8 grants.
How large is Montreal Heritage Foundation?
Montreal Heritage Foundation reported $3.7M in total assets on its 2025 IRS Form 990-PF. It paid out $120K in qualifying distributions that year, against a required minimum of $139K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Montreal Heritage Foundation?
Montreal Heritage Foundation is a private foundation focused on Human Services, based in Spring Valley, NY. It holds $3.7M in total assets as of 2025.
Where does Montreal Heritage Foundation operate?
Montreal Heritage Foundation has awarded grants in New York.
What is Montreal Heritage Foundation's EIN?
Montreal Heritage Foundation's EIN (Employer Identification Number) is 45-2460754. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Montreal Heritage Foundation by hand.
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