Nitzavim Trust is a private foundation based in Edison, New Jersey. The organization is solely engaged in grantmaking activities and follows the special rule for private foundations. The foundation has invested in rental property as a strategy to generate additional cash flow for making larger grants, with the expectation that fair market value increases will offset depreciation deductions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.6M
+11.5% YoY
Annual Giving
$872K
-29.5% YoY
Grant Count
55
+12.2% YoY
Avg Grant Size
$16K
-37.2% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Jewish nonprofit support
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- New Jersey
- Maryland
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- $10,608,842 (as of March 2026)
- $9,512,597 (as of 2023)
Annual Activity:
- Total revenues: $850,611 (2023)
- Total expenses: $1,292,633 (2023)
Staffing:
- 0 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,608,842 | $9,512,597 | $9,955,118 |
| Revenue | $2,035,268 | $850,611 | $2,541,637 |
| Expenses | $940,323 | $1,292,633 | $681,968 |
| Qualifying Distributions | $871,724 | $1,257,417 | $647,422 |
| Net Investment Income | $943,178 | $270,523 | $1,291,600 |
| Distributable Amount | $455,543 | $440,591 | $412,300 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
235 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Herschel Parnes | Foundation Mana | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Assets
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Stephen J Machuta Scholarship Trust
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Assets
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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