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.
Key facts about Prime Foundation
In short: Prime Foundation gave $118K across 5 grants in 2024 (avg $24K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 11-3575524
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $118,000
- Grants made (2024)
- 5
- Average grant
- $23,600
- Median grant
- $18,000
- Total assets
- $1,353,868
- Primary geography
- New York (85% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+2.2% YoY
Annual Giving
$118K
+214.7% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$24K
+214.7% YoY
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.
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.
Ready to take the next step with Prime Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,353,868 | $1,324,532 | $1,169,237 |
| Revenue | $158,338 | $203,881 | $251,207 |
| Expenses | $129,187 | $47,895 | $63,894 |
| Qualifying Distributions | $119,094 | $39,665 | $57,565 |
| Net Investment Income | $78,771 | $45,951 | $44,923 |
| Distributable Amount | $56,921 | $58,745 | $51,806 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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.
Here's the math on researching Prime Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Prime Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Ford Foundation
New York, NY
The Ford Foundation funds organizations, individuals, and ideas working to reduce inequality and advance social justice, including work in areas such as immigrant justice, criminal justice reform, gender equity, and arts and culture, through grants around the world. Its 2024 grants had a median of $100,000, with amounts ranging from $45 to $15 million; it does not accept unsolicited requests by mail, email, or phone.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The Ojc Fund
Brooklyn, NY
The OJC Fund is a Brooklyn-based donor-advised fund that distributes over $386 million annually to support Jewish causes, heritage preservation, education, and community services, with grants typically ranging from $5,000 to $7.6 million. While the fund does not accept direct grant applications, qualified organizations can register through the OJC Charity Portal to receive donations from individual OJC donors. The fund's giving is concentrated primarily in New York, New Jersey, Florida, and Israel, with the majority of support directed toward organizations serving the Jewish community in the New York City metropolitan area.
Assets
$58.5M
Grants
3,714
Total Given
$448.3M
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofits working in areas such as arts, education, health, human services, community development, and the environment, primarily in New York City, Long Island, and Westchester, with grants also made beyond those areas. Its 2024 grants had a median of $20,000, though amounts varied widely; applicants can apply through relevant competitive grant opportunities, and some funding uses requests for proposals or letters of interest.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research in mathematics and the basic sciences, as well as autism and other disease research, through grants to research centers, universities, and related organizations. In 2024, grants ranged from $1,480 to $20 million, with a median of $72,000; funding is concentrated in New York, California, and Massachusetts, with awards also made elsewhere in the U.S. and internationally. Whether it accepts unsolicited requests is not stated.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
American Express Foundation
New York, NY
The American Express Foundation, the philanthropic arm of American Express Company, supports youth workforce development, small business growth, and climate resilience through grants typically ranging from $25,000 to $500,000. Operating on an invitation-only basis with approximately $25.7 million distributed annually, the Foundation prioritizes established organizations with demonstrated impact in key U.S. markets including New York City, South Florida, Phoenix, Salt Lake City, and Washington DC, as well as 17 international countries where American Express operates.
Assets
$48.9M
Grants
1,495
Total Given
$23.2M
Equitable Foundation Inc
New York, NY
This foundation supports educational scholarships and food equity initiatives, with a particular emphasis on student support and expanding access to nutritious food. They administer the annual Equitable Excellence Scholarship® program and have demonstrated significant funding capacity, having received a $1.2M grant from the Walmart Foundation to advance their food equity work. While specific geographic limitations are not detailed, their active scholarship programs suggest a national or broad regional focus.
Assets
$112.4M
Grants
1,453
Total Given
$5.5M
Rockefeller Philanthropy Advisors Inc
New York, NY
Rockefeller Philanthropy Advisors supports a broad range of charitable work, including environment, food and agriculture, education, youth, human services, and arts and culture, through donor-directed funds and sponsored projects. In 2024, its median grant was $100,000, with awards ranging from $625 to $9.2 million; grants went mainly to organizations in New York, Washington, DC, and California, as well as elsewhere in the U.S. and overseas. The profile does not state whether it accepts unsolicited requests.
Assets
$891.5M
Grants
1,153
Total Given
$275.0M
Local Initiatives Support Corporation
New York, NY
Local Initiatives Support Corporation funds affordable housing, economic development, education, health, child care, small businesses and other community initiatives, often through grants, loans and equity. Its 2024 grants had a median of $40,000, with awards ranging from $5,189 to $4.7 million, and its work spans communities across all 50 states. It offers specific grant opportunities, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$1.6B
Grants
1,119
Total Given
$102.8M
Wellspring Philanthropic Fund Inc
New York, NY
This New York City-based foundation, established in 2000, distributes approximately $276-326 million annually to support social justice and human rights initiatives globally, with individual grants ranging from $50,000 to $2,000,000. Their funding priorities include racial and ethnic justice, LGBTQIA+ rights, economic justice, civic participation, and capacity building across the United States, Africa, Central and South America, and select international locations. Please note that Wellspring operates on an invitation-only basis and does not accept unsolicited applications; additionally, the foundation announced in August 2024 that it will wind down all operations by the end of 2028.
Assets
$134.4M
Grants
1,101
Total Given
$326.0M
Jack Adjmi Family Foundation Inc
New York, NY
The Jack Adjmi Family Foundation is a New York-based private foundation established in 1983 that focuses exclusively on Jewish causes, including educational institutions, religious organizations, medical and human services, and Israel-related work, with particular emphasis on supporting the Orthodox Sephardic Jewish community. The foundation makes approximately 975 grants annually, with typical awards ranging from $50 to over $1 million, and primarily funds organizations in New York, New Jersey, and Florida, as well as Israel. Prospective applicants should note that the foundation does not maintain a public website or published application guidelines, making direct outreach necessary to explore funding opportunities.
Assets
$235K
Grants
1,045
Total Given
$4.5M
Jpmorgan Chase Foundation
New York, NY
The JPMorgan Chase Foundation is one of the largest corporate foundations in the United States, distributing over $200 million annually to advance economic opportunity in underserved communities through four core focus areas: jobs and skills training, small business expansion, financial health, and neighborhood revitalization. Grants typically range from $5,000 to $5 million, with a median award of approximately $339,000, though most funding is by invitation only. The foundation prioritizes neighborhoods in JPMorgan Chase's major operating regions—including New York, Illinois, Texas, Florida, California, and Ohio—while also funding internationally across 40+ countries.
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Pfizer Foundation Inc
New York, NY
The Pfizer Foundation funds locally led health programs that improve access to care and strengthen health systems, as well as health-crisis and disaster responses, worldwide. In 2024, grants ranged from $2 to $4 million, with a median of $200. It supports only preselected organizations and does not accept unsolicited requests.
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
More Funders in New York
Prime Foundation down — hundreds of funders to go?