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.
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.
About Prime Foundation
Based on IRS filings
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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 |
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
Among its reported 2024 grants, the largest include Beer Mayiim Chaim ($50,000), Congregation Bnei Pinchos ($28,000), Congregation Anshei Howell Charity ($18,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONGREGATION BNEI PINCHOS BROOKLYN, NY | CHARITABLE | $28,000 |
| ZICHRON SHLOIMA BROOKLYN, NY | CHARITABLE | $10,000 |
| CONGREGATION BAIS HACHINUCH SPRING VALLEY, NY | CHARITABLE | $12,000 |
| BEER MAYIIM CHAIM BROOKLYN, NY | CHARITABLE | $50,000 |
| CONGREGATION ANSHEI HOWELL CHARITY howell, NJ | charitable | $18,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIAS BOCHNER | President | — | — |
| SURREY BOCHNER | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Prime Foundation?
As of 2024, Prime Foundation holds $1.4M in total assets with $158K in annual revenue. It awarded 5 grants totaling $118K in 2024.
Where does Prime Foundation operate?
Prime Foundation has awarded grants in New Jersey, New York.
What size grants does Prime Foundation award?
In 2024, Prime Foundation awarded 5 grants totaling $118K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is Prime Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Prime Foundation reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Prime Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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