Pearl Foundation Inc

BROOKLYN, NY EIN: 35-2490094

Pearl Foundation Inc is a private foundation focused on Human Services, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 19 grants totaling $196K. Net investment income was $26K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.8M

+882.5% YoY

Annual Giving

$196K

+28.6% YoY

Grant Count

19

+35.7% YoY

Avg Grant Size

$10K

-5.2% YoY

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.

About Pearl Foundation Inc

Based on IRS filings

Pearl Foundation Inc is a private foundation focused on Human Services, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 19 grants totaling $196K. Net investment income was $26K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BrooklynCedarhurstFlushingHackettstownJamaicaKew GardensLakewoodLindenLos AngelesMonseyScottsdaleStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$10M20202021202220232024
Metric202420232022
Total Assets$9,830,157$1,000,518$1,153,225
Revenue$9,027,433$1,637$1,856
Expenses$197,794$154,344$131,468
Qualifying Distributions$196,305$152,654$130,100
Net Investment Income$26,133$387$606
Distributable Amount$266,342$53,031$59,980

Giving Over Time

Total grant dollars and number of grants per year

$0$49K$98K$147K$196K3 grants20205 grants202112 grants202214 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHASDEI EZRIEL YEHUDA$45KCONGREGATION KEHAL ADAS …$44KBAIS CHUNA$19KBETH RIVKA$17KBEIS YAAKOV OF QUEENS$13KYESHIVA TIFERES MOSHE$10KCHEDER AT THE OHEL$8KYESHIVA SANZ$7KTOMCHEI TEMIMIM$6KTIFERETH ISRAEL$5K

Grant Size Distribution

53 grants across all recorded years

52<$50K1$50–100K$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 Chasdei Ezriel Yehuda ($45,150), Congregation Kehal Adas Yereim ($44,250), Bais Chuna ($19,350).

RecipientPurposeAmount
BAIS CHUNA BROOKLYN, NYCHARITY$19,350
BEIS YAAKOV OF QUEENS JAMAICA, NYCHARITY$12,500
BETH RIVKA BROOKLYN, NYCHARITY$17,380
BEIS ESTHER KLAUSENBERG BROOKLYN, NYCHARITY$1,450
CHABAD OF SCOTTSDALE SCOTTSDALE, AZCHARITY$3,600
CHASDEI EZRIEL YEHUDA BROOKLYN, NYCHARITY$45,150
CONG BIRCHEI YOSEF LINDEN, NJCHARITY$1,500
CONGREGATION KEHAL ADAS YEREIM BROOKLYN, NYCHARITY$44,250
CHEDER AT THE OHEL BROOKLYN, NYCHARITY$8,000
SPINKA YESHIVA BROOKLYN, NJCHARITY$2,750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSHUA GUTTMANPRESIDENT
VERA GUTTMANVICE PRESIDENT
JACK GUTTMANTREASURER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Pearl Foundation Inc?

Pearl Foundation Inc is a private foundation focused on Human Services, based in BROOKLYN, NY. It holds $9.8M in total assets as of 2024.

How large is Pearl Foundation Inc?

As of 2024, Pearl Foundation Inc holds $9.8M in total assets with $9.0M in annual revenue. It awarded 19 grants totaling $196K in 2024.

Where does Pearl Foundation Inc operate?

Pearl Foundation Inc has awarded grants in Arizona, California, New Jersey, New York.

What size grants does Pearl Foundation Inc award?

In 2024, Pearl Foundation Inc awarded 19 grants totaling $196K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Pearl Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pearl Foundation Inc reported a distributable amount of $266K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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