Prime Foundation
Prime Foundation is a private foundation focused on Recreation & Sports, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $118K. Net investment income was $79K.
Prime Foundation at a glance
In short: Prime Foundation gave $118K across 5 grants in 2024 (avg $24K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $118,000
- +214.7% vs 2023
- Grants made (2024)
- 5
- +0.0% vs 2023
- Average grant
- $23,600
- +214.7% vs 2023
- Median grant
- $18,000
- Total assets
- $1,353,868
- +2.2% vs 2023
- Primary geography
- New York (85% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Prime Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Beer Mayiim Chaim ($50K). Together the top 5 received $118K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 16 grants of 20 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
How Prime Foundation gives
- Giving fell 63% from 2021 to 2024. Method
- In 2024 it paid out 209% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $38K (2023) to $318K (2021). In 2024 it made 5 grants totaling $118K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Beer Mayiim Chaim Brooklyn, NY | Charitable | $50,000 |
| Congregation Bnei Pinchos Brooklyn, NY | Charitable | $28,000 |
| Congregation Anshei Howell Charity Howell, NJ | charitable | $18,000 |
| Congregation Bais Hachinuch Spring Valley, NY | Charitable | $12,000 |
| Zichron Shloima Brooklyn, NY | Charitable | $10,000 |
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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 | $1,353,868 | $158,338 | $129,187 | $118,000 | 5 | $119,094 | $78,771 | $56,921 |
| 2023 | $1,324,532 | $203,881 | $47,895 | $37,500 | 5 | $39,665 | $45,951 | $58,745 |
| 2022 | $1,169,237 | $251,207 | $63,894 | $56,000 | 2 | $57,565 | $44,923 | $51,806 |
| 2021 | $951,776 | $234,379 | $325,461 | $318,000 | 3 | $318,250 | $38,668 | $59,193 |
| 2020 | $1,042,858 | $95,188 | $77,988 | $70,400 | 5 | — | $49,674 | $51,804 |
Under IRS private-foundation payout rules, Prime Foundation reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Prime Foundation is led by Elias Bochner, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Elias Bochner
President
On filings since 2020
No compensation reported
Surrey Bochner
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 Prime Foundation
How much does Prime Foundation give each year?
Prime Foundation gave $118K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $38K across 5 grants.
What is Prime Foundation's typical grant size?
Prime Foundation's median grant in 2024 was $18,000, and its average grant was $23,600, across 5 grants on its 2024 IRS Form 990-PF.
Where does Prime Foundation give grants?
Prime Foundation gives mostly in New York: 85% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (15%). The most frequent recipient cities were Brooklyn, NY (3 grants).
Does Prime Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Prime Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (5 grants).
Who are Prime Foundation's largest grantees?
Prime Foundation's largest 2024 grantees include Beer Mayiim Chaim ($50,000), Congregation Bnei Pinchos ($28,000) and Congregation Anshei Howell Charity ($18,000), according to its 2024 IRS Form 990-PF. Together they received 81% of its itemized 2024 grant dollars.
How large is Prime Foundation?
Prime Foundation reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $119K in qualifying distributions that year, against a required minimum of $57K (roughly 5% of its investment assets).
What is Prime Foundation?
Prime Foundation is a private foundation focused on Recreation & Sports, based in Brooklyn, NY. It holds $1.4M in total assets as of 2024.
What is Prime Foundation's EIN?
Prime Foundation's EIN (Employer Identification Number) is 11-3575524. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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 Prime Foundation funds
Recreation & Sports Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Prime Foundation's focus areas in our free grants database
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