Otzar Hachesed Foundation Trust

Foundation · Grantmaker Lawrence, NY EIN: 82-3689360

Otzar Hachesed Foundation Trust is a private foundation based in Lawrence, New York. The organization was established in 2018 and operates as a 501(c)(3) tax-exempt entity. The foundation focuses on charitable, religious, and educational grantmaking.

Key facts about Otzar Hachesed Foundation Trust

EIN: 82-3689360
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $996,893
Grants made (2024): 44
Average grant: $22,657
Median grant: $9,917
New grantees (estimate): 14% first-time grantees (6 of 44, 2024)
Total assets: $2,570
Primary geography: New York (92% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Otzar Hachesed Foundation Trust funds

By grant dollars, the top recipient states for Otzar Hachesed Foundation Trust's 44 itemized 2024 grants were New York (92%) and New Jersey (8%). The most frequent recipient cities were Brooklyn, NY (20 grants), Far Rockaway, NY (7 grants), Lawrence, NY (6 grants) and Lakewood, NJ (2 grants). None of its 44 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable, Religious & Educational" (44 grants).

Is Otzar Hachesed Foundation Trust open to new grantees?

14%

first-time grantees, 2024

In 2024, 6 of 44 grantees (14%) were first-time recipients. First grants averaged $6K; repeat grants $25K. How we count

Medians: $4K first-time, $10K repeat.

82% of 2024 grantees were also funded in 2023. Method
Giving fell 69% from 2021 to 2024. Method
In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Otzar Hachesed Foundation Trust

How to evaluate Otzar Hachesed Foundation Trust as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Otzar Hachesed Foundation Trust 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-PF · View filing

Total Assets

$3K

-91.4% YoY

Annual Giving

$997K

-62.8% YoY

Grant Count

-26.7% YoY

Avg Grant Size

$23K

-49.3% YoY

Under IRS private-foundation payout rules, Otzar Hachesed Foundation Trust reported a distributable amount of $708 for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation primarily funds charitable, religious, and educational organizations. Its grantmaking reflects a focus on supporting institutions and initiatives within these sectors.

Grantmaking

The foundation is an active grantmaker with a significant annual giving portfolio. In its most recent fiscal year (2023), the foundation made 42 grants totaling $2,681,803.

Your AI grants department

Ready to take the next step with Otzar Hachesed Foundation Trust?

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

The foundation is based in Lawrence, New York and operates within the New York region.

Grant Distribution by State

New York $914K (92%)

New Jersey $81K (8%)

Florida $2K (0%)

Share of all 44 itemized 2024 grant dollars.

States

California Florida Illinois New Jersey New York

Cities

BrooklynFar RockawayLawrenceLakewoodNew YorkAirmontCliftonHewlettMonseyWoodmereBoynton BeachForest HillsPalm Beach GardensValley StreamCedarhurstStaten IslandToms RiverBergenfieldBoca RatonCherry Hill

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2023:

Total Assets: $29,781
Total Revenues: $2,701,915
Total Expenses: $2,690,533
Total Giving: $2,681,803
Total Grants, Contributions, etc.: $2,703,809
Investment Income and Dividends: $7

Year-over-Year Change (2022 to 2023):

Total grants and contributions decreased 13.2% from $3,115,660 in 2022 to $2,703,809 in 2023

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,570	$29,781	$18,399
Revenue	$969,732	$2,701,915	$3,110,155
Expenses	$996,943	$2,690,533	$3,093,750
Qualifying Distributions	$996,943	$2,690,533	$3,093,750
Net Investment Income	—	—	—
Distributable Amount	$708	$1,804	$1,993

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 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 10 recipients in 2024

Grant Size Distribution

285 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Yeshiva Arzei Levanon ($112,000), Miscellaneous Organized Charities ($99,044), Colel Chabad ($84,000).

Recipient	Purpose	Amount
YESHIVA ARZEI LEVANON Far Rockaway, NY	CHARITABLE, RELIGIOUS & EDUCATIONAL	$112,000
MISCELLANEOUS ORGANIZED CHARITIES Lawrence, NY	CHARITABLE, RELIGIOUS & EDUCATIONAL	$99,044
COLEL CHABAD Brooklyn, NY	CHARITABLE, RELIGIOUS & EDUCATIONAL	$84,000
CONGREGATION THILOS ARYE Brooklyn, NY	CHARITABLE, RELIGIOUS & EDUCATIONAL	$77,000
TORAH ACADEMY FOR GIRLS Far Rockaway, NY	CHARITABLE, RELIGIOUS & EDUCATIONAL	$63,900
CONGREGATION MOSDOS TOLDOS AHARON Brooklyn, NY	CHARITABLE, RELIGIOUS & EDUCATIONAL	$57,000
CONG KEHAL CHASIDY CHERNOBEL Lawrence, NY	CHARITABLE, RELIGIOUS & EDUCATIONAL	$56,300
SHAVEI HEVRON INSTITUTIONS Brooklyn, NY	CHARITABLE, RELIGIOUS & EDUCATIONAL	$44,600
OZAR OLAM INC Lakewood, NJ	CHARITABLE, RELIGIOUS & EDUCATIONAL	$35,000
ISHEI YISROEL Woodmere, NY	CHARITABLE, RELIGIOUS & EDUCATIONAL	$32,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Shlomo Weiss	Trustee	2	—
Blimy Weiss	Trustee	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Otzar Hachesed Foundation Trust fund?

The foundation primarily funds charitable, religious, and educational organizations. Its grantmaking reflects a focus on supporting institutions and initiatives within these sectors.

How do I apply for a grant from Otzar Hachesed Foundation Trust?

The foundation is an active grantmaker with a significant annual giving portfolio. In its most recent fiscal year (2023), the foundation made 42 grants totaling $2,681,803. **Recent Grant Recipients (2023):** • Colel Chabad: $203,000 • Rofeh Cholim Cancer Society (RCCS): $186,500 • Congregation Yeshiva Yad Moishe: $147,500 The foundation also made grants to Friends Of Aderes Hatorah Inc. and numerous other charitable, religious, and educational organizations.

Where does Otzar Hachesed Foundation Trust make grants?

The foundation is based in Lawrence, New York and operates within the New York region.

What size grants does Otzar Hachesed Foundation Trust award?

In 2024, Otzar Hachesed Foundation Trust awarded 44 grants totaling $997K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Otzar Hachesed Foundation Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Otzar Hachesed Foundation Trust reported a distributable amount of $708 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Otzar Hachesed Foundation Trust's EIN?

Otzar Hachesed Foundation Trust's EIN (Employer Identification Number) is 82-3689360. IRS Form 990 filing data is available on this page for 2020–2024.