Park Terrace Charitable Foundation

BROOKLYN, NY EIN: 27-1541805

Park Terrace Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $164K in total assets. In 2024, it awarded 4 grants totaling $111K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$164K

-40.4% YoY

Annual Giving

$111K

+177.5% YoY

Grant Count

4

+300.0% YoY

Avg Grant Size

$28K

-30.6% YoY

Under IRS private-foundation payout rules, Park Terrace Charitable Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About Park Terrace Charitable Foundation

Based on IRS filings

Park Terrace Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $164K in total assets. In 2024, it awarded 4 grants totaling $111K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AirmontBrooklynLakewoodLindenLong BeachMonseyNew YorkSpring Valley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$58K$116K$174K$232K20202021202220232024
Metric202420232022
Total Assets$163,721$274,721$264,721
Revenue$50,000$110,000
Expenses$111,000$40,000$1,800
Qualifying Distributions$111,000$40,000$1,800
Net Investment Income
Distributable Amount$10,156$13,694$13,045

Giving Over Time

Total grant dollars and number of grants per year

$0$53K$106K$158K$211K2 grants20207 grants20211 grants20221 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Lev Leyeled$60KMesivta of Long Beach$25KBeth Hamedrash Chasidim$15KMosdos Pupa Linden$11K

Grant Size Distribution

15 grants across all recorded years

13<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lev Leyeled ($60,000), Mesivta of Long Beach ($25,000), Beth Hamedrash Chasidim ($15,000).

RecipientPurposeAmount
Mesivta of Long Beach Long Beach, NYEducation$25,000
Lev Leyeled Spring Valley, NYAid for the Needy$60,000
Mosdos Pupa Linden Linden, NJReligious$11,000
Beth Hamedrash Chasidim Brooklyn, NYReligious$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Mayer FishlPresident

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Park Terrace Charitable Foundation?

Park Terrace Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. It holds $164K in total assets as of 2024.

How large is Park Terrace Charitable Foundation?

As of 2024, Park Terrace Charitable Foundation holds $164K in total assets. It awarded 4 grants totaling $111K in 2024.

Where does Park Terrace Charitable Foundation operate?

Park Terrace Charitable Foundation has awarded grants in New Jersey, New York.

What size grants does Park Terrace Charitable Foundation award?

In 2024, Park Terrace Charitable Foundation awarded 4 grants totaling $111K — an average of about $28K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Park Terrace Charitable Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Park Terrace Charitable Foundation's EIN?

Park Terrace Charitable Foundation's EIN (Employer Identification Number) is 27-1541805. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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