PBC Foundation Inc
PBC Foundation Inc is a private foundation based in Kew Gardens, New York. It made 12 grants totaling $152,110 in 2024, with listed awards supporting charitable organizations in New York, New Jersey, Minnesota, and Colorado.
PBC Foundation Inc at a glance
In short: PBC Foundation Inc gave $152K across 12 grants in 2024 (avg $13K), mostly in New York. 33% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $152,110
- -17.9% vs 2023
- Grants made (2024)
- 12
- -47.8% vs 2023
- Average grant
- $12,676
- +57.3% vs 2023
- Median grant
- $10,000
- Total assets
- $3,071,143
- +27.2% vs 2023
- New grantees (estimate)
- 33% first-time grantees (4 of 12, 2024; small sample)
- Primary geography
- New York (80% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to PBC Foundation Inc
- How to Apply
-
The 2024 filing says to apply by letter to David Arbesfeld. It lists no deadlines or award restrictions and says the foundation does not restrict giving to preselected organizations.
- Contact
Application contact: David Arbesfeld
Mailing address: 82-05 Abington Rd, Kew Gardens, NY 11415
Phone: (212) 755-1800
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who PBC Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Emunah of America ($50K). Together the top 10 received $152K.
Grant Size Distribution
118 grants across all recorded years
The most common grant size was under $50K: 117 grants of 118 (99%).
Geographic Focus
Where this funder awards grants
The 2024 grants went primarily to recipients in New York and New Jersey. The reported shares of grant dollars by recipient state were New York 80%, New Jersey 16%, Minnesota 3%, and Colorado 0%.
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
Cities
Is PBC Foundation Inc open to new grantees?
33%
first-time grantees, 2024
In 2024, 4 of 12 grantees (33%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $6K; repeat grants $16K. How we count
Medians: $6K first-time, $12K repeat.
- 33% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−5%). Method
- In 2024 it paid out 76% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $82K (2020) to $209K (2022). In 2024 it made 12 grants totaling $152K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Emunah of America New York, NY | General Purpose of Charity | $50,000 |
| Ascent TSFAT Brooklyn, NY | General Purpose of Charity | $20,000 |
| Migal Ohr a F New York, NY | General Purpose of Charity | $18,000 |
| Congrgation Ohab Zedek New York, NY | Genral Purpose of Charity | $14,000 |
| Gemach Zichron Moshe Passaic, NJ | General Purpose of Charity | $12,000 |
| KAV L'noar Passaic, NJ | Genral Purpose of Charity | $10,000 |
| Samcheinu Brooklyn, NY | General Purpose of Charity | $10,000 |
| Carlebach Shul New York, NY | General Purpose of Charity | $10,000 |
| Chabad Southern Minnesota (Sma) Rochester, MN | General Purpose of Charity | $5,000 |
| Just One Life New York, NJ | General Purpose of Charity | $2,500 |
Ready to take the next step with PBC Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,071,143 | $816,093 | $156,285 | $152,110 | 12 | $154,322 | $814,130 | $203,601 |
| 2023 | $2,414,606 | $57,587 | $190,951 | $185,290 | 23 | $188,225 | $54,861 | $168,735 |
| 2022 | $2,544,699 | $107,839 | $229,120 | $209,210 | 34 | $213,623 | $104,142 | $176,918 |
| 2021 | $2,665,980 | $417,331 | $165,453 | $159,560 | 27 | $160,885 | $416,006 | $221,563 |
| 2020 | $2,414,102 | $173,233 | $81,651 | $81,650 | 22 | — | $221,886 | $142,465 |
Under IRS private-foundation payout rules, PBC Foundation Inc reported a distributable amount of $204K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available grant purposes are generally described as “general purpose of charity” or “general.” Among its 2024 grantees, Emunah of America says its mission is to support the activities of Emunah of Israel, which provides social welfare and education programs. Gemach Zichron Moshe says it provides short-term loans and grants to people experiencing economic hardship.
Grantmaking
In 2024, the foundation gave 12 grants totaling $152,110. Awards ranged from $250 to $50,000, with a median grant of $10,000. The largest grants included $50,000 to Emunah of America, $20,000 to Ascent Tsfat, $18,000 to Migal Ohr A F, $14,000 to Congrgation Ohab Zedek, and $12,000 to Gemach Zichron Moshe.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists David Arbesfeld and Michelle Arbesfeld Salig as directors.
PBC Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
David Arbesfeld
Director
On filings since 2020
10 hrs/week
No compensation reported
Michelle Arbesfeld Salig
Director
On filings since 2020
10 hrs/week
No compensation reported
Former officers (1)
- Former: Pnina Arbesfeld (2020–2023) — Director · Filing note: Deceased
Data from IRS Form 990 filings, 2020–2024. "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 PBC Foundation Inc
How much does PBC Foundation Inc give each year?
PBC Foundation Inc gave $152K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $185K across 23 grants.
What is PBC Foundation Inc's typical grant size?
PBC Foundation Inc's median grant in 2024 was $10,000, and its average grant was $12,676, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from PBC Foundation Inc that year got $6K on average.
Where does PBC Foundation Inc give grants?
PBC Foundation Inc gives mostly in New York: 80% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (16%). The most frequent recipient cities were New York, NY (4 grants), Brooklyn, NY (2 grants) and Passaic, NJ (2 grants).
Does PBC Foundation Inc give general operating support?
Yes: 83% of PBC Foundation Inc's 2024 grants with a stated purpose (10 of 12) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are PBC Foundation Inc's largest grantees?
PBC Foundation Inc's largest 2024 grantees include Emunah of America ($50,000), Ascent TSFAT ($20,000) and Migal Ohr a F ($18,000), according to its 2024 IRS Form 990-PF. Together they received 58% of its itemized 2024 grant dollars.
How large is PBC Foundation Inc?
PBC Foundation Inc reported $3.1M in total assets on its 2024 IRS Form 990-PF. It paid out $154K in qualifying distributions that year, against a required minimum of $204K (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 does PBC Foundation Inc fund?
The available grant purposes are generally described as “general purpose of charity” or “general.” Among its 2024 grantees, Emunah of America says its mission is to support the activities of Emunah of Israel, which provides social welfare and education programs. See mission & focus areas ↑
How do I apply for a grant from PBC Foundation Inc?
The 2024 filing says to apply by letter to David Arbesfeld. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is PBC Foundation Inc's EIN?
PBC Foundation Inc's EIN (Employer Identification Number) is 82-3624656. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work PBC Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in PBC Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Hyman & Ann Arbesfeld Foundation Inc
KEW Gardens, NY
The Hyman & Ann Arbesfeld Foundation supports education, health-related services, and Jewish community organizations, including synagogues and schools. Its 2024 grants ranged from $450 to $218,054, with a median of $10,000; 88% of grant dollars went to New York organizations. It accepts applications by letter to David Arbesfeld and does not limit giving to preselected organizations.
Assets
$12.7M
Grants
42
Total Given
$845K
David & Esther Muschel Foundation
Englewood, NJ
Assets
$1.6M
Grants
46
Total Given
$70K
David and Adrienne Greenblatt Foundation
Englewood, NJ
The foundation supports Jewish organizations, religious institutions, and charitable groups, including those serving Israel, with 2025 grants ranging from $100 to $16,832 and a median of $1,000. Its recent giving went mainly to organizations in Florida, New Jersey, and New York, with some support in California. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$62K
Grants
25
Total Given
$60K
The Frieman Foundation
New York, NY
Assets
$104K
Grants
93
Total Given
$314K
Granit Foundation
Brooklyn, NY
Assets
$521K
Grants
70
Total Given
$244K
The Mermelstein Foundation
New York, NY
The Mermelstein Foundation supports Jewish education, religious learning, community services, and humanitarian needs. Its 2025 grants ranged from $100 to $19,825, with a median of $1,000; most funding went to organizations in New York, with some support in New Jersey and other states. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$189K
Grants
46
Total Given
$141K
More similar funders
More Funders in New York
Cite this profile
Grantable. (2026). PBC Foundation Inc funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/pbc-foundation-inc-morg_7a4919280ec5475ab242c2a9e0006ce2
BibTeX
@misc{grantable_823624656_2026,
author = {{Grantable}},
title = {{PBC Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/pbc-foundation-inc-morg_7a4919280ec5475ab242c2a9e0006ce2},
note = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from PBC Foundation Inc'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.
PBC Foundation Inc down — hundreds of funders to go?