Pearl Foundation Inc
Pearl Foundation Inc is a private foundation based in Brooklyn, New York. It made 19 charitable grants totaling $196,305 in filing year 2024, primarily to organizations in New York.
Pearl Foundation Inc at a glance
In short: Pearl Foundation Inc gave $196K across 19 grants in 2024 (avg $10K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $196,305
- +28.6% vs 2023
- Grants made (2024)
- 19
- +35.7% vs 2023
- Average grant
- $10,332
- -5.2% vs 2023
- Median grant
- $4,800
- Total assets
- $9,830,157
- +882.5% vs 2023
- Primary geography
- New York (96% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Pearl Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 240 Water Street, Brooklyn, NY 11201
Phone: (718) 522-1267
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Pearl Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Chasdei Ezriel Yehuda ($45K). Together the top 10 received $175K.
Grant Size Distribution
53 grants across all recorded years
The most common grant size was under $50K: 52 grants of 53 (98%).
Geographic Focus
Where this funder awards grants
In 2024, 96% of grant dollars went to recipients in New York, 2% to recipients in New Jersey, and 2% to recipients in Arizona.
Grant Distribution by State
Share of 2024 grant dollars across all 19 itemized grants.
Cities
How Pearl Foundation Inc gives
- 53% of 2024 grantees were also funded in 2023. Method
- Giving grew 89% from 2021 to 2024. Method
- In 2024 it paid out 74% 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 (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 $34K (2020) to $196K (2024). In 2024 it made 19 grants totaling $196K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chasdei Ezriel Yehuda Brooklyn, NY | Charity | $45,150 |
| Congregation Kehal Adas Yereim Brooklyn, NY | Charity | $44,250 |
| Bais Chuna Brooklyn, NY | Charity | $19,350 |
| Beth Rivka Brooklyn, NY | Charity | $17,380 |
| Beis Yaakov of Queens Jamaica, NY | Charity | $12,500 |
| Yeshiva Tiferes Moshe KEW Gardens, NY | Charity | $9,950 |
| Cheder at the Ohel Brooklyn, NY | Charity | $8,000 |
| Yeshiva Sanz Staten Island, NY | Charity | $6,750 |
| Tomchei Temimim Brooklyn, NY | Charity | $6,400 |
| Tifereth Israel Monsey, NY | Charity | $4,800 |
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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 | $9,830,157 | $9,027,433 | $197,794 | $196,305 | 19 | $196,305 | $26,133 | $266,342 |
| 2023 | $1,000,518 | $1,637 | $154,344 | $152,654 | 14 | $152,654 | $387 | $53,031 |
| 2022 | $1,153,225 | $1,856 | $131,468 | $130,100 | 12 | $130,100 | $606 | $59,980 |
| 2021 | $1,282,837 | $2,854 | $115,671 | $104,000 | 5 | $104,000 | $1,854 | $65,932 |
| 2020 | $1,395,654 | $3,575 | $34,850 | $33,750 | 3 | — | $2,475 | $69,472 |
Under IRS private-foundation payout rules, Pearl Foundation Inc reported a distributable amount of $266K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In filing year 2024, the foundation awarded 19 grants totaling $196,305. Grants ranged from $1,430 to $45,150, with a median grant of $4,800. Its largest grants included $45,150 to Chasdei Ezriel Yehuda, $44,250 to Congregation Kehal Adas Yereim, $19,350 to Bais Chuna, $17,380 to Beth Rivka, and $12,500 to Beis Yaakov of Queens. Each was listed for “charity.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Joshua Guttman as president, Vera Guttman as vice president, and Jack Guttman as treasurer.
Pearl Foundation Inc is led by Joshua Guttman, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joshua Guttman
President
On filings since 2020
No compensation reported
Jack Guttman
Treasurer
On filings since 2020
No compensation reported
Vera Guttman
Vice President
On filings since 2020
No compensation reported
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 Pearl Foundation Inc
How much does Pearl Foundation Inc give each year?
Pearl Foundation Inc gave $196K across 19 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $153K across 14 grants.
What is Pearl Foundation Inc's typical grant size?
Pearl Foundation Inc's median grant in 2024 was $4,800, and its average grant was $10,332, across 19 grants on its 2024 IRS Form 990-PF.
Where does Pearl Foundation Inc give grants?
Pearl Foundation Inc gives mostly in New York: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (11 grants).
Does Pearl Foundation Inc give general operating support?
Not in 2024: none of the 19 grants with a stated purpose on Pearl Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (19 grants).
Who are Pearl Foundation Inc's largest grantees?
Pearl Foundation Inc's largest 2024 grantees include Chasdei Ezriel Yehuda ($45,150), Congregation Kehal Adas Yereim ($44,250) and Bais Chuna ($19,350), according to its 2024 IRS Form 990-PF. Together they received 55% of its itemized 2024 grant dollars.
How large is Pearl Foundation Inc?
Pearl Foundation Inc reported $9.8M in total assets on its 2024 IRS Form 990-PF. It paid out $196K in qualifying distributions that year, against a required minimum of $266K (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.
How do I apply for a grant from Pearl Foundation Inc?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Pearl Foundation Inc's EIN?
Pearl Foundation Inc's EIN (Employer Identification Number) is 35-2490094. IRS Form 990 filing data is available on this page for 2020–2024.
Does Pearl Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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 Pearl Foundation Inc funds
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