Project Able Inc
Project Able Inc is a private foundation focused on Education, based in New York, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $31K in total assets. In 2024, it awarded 1 grant totaling $48K.
Project Able Inc at a glance
In short: Project Able Inc gave $48K across 1 grant in 2024 (avg $48K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $47,900
- +79.7% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $47,900
- +79.7% vs 2023
- Median grant
- $47,900
- Total assets
- $31,489
- -29.1% vs 2023
- Primary geography
- New York (100% 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 Project Able Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Jifundishe ($48K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 5 grants of 6 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Project Able Inc gives
- Giving fell 41% from 2021 to 2024. Method
- In 2024 it paid out well above 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 2021 to 2024, annual grant giving ranged from $27K (2023) to $82K (2021). In 2024 it made 1 grant totaling $48K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jifundishe NY, NY | Promote Literacy & Education | $47,900 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $31,489 | $35,289 | $48,235 | $47,900 | 1 | $47,900 | $1,864 |
| 2023 | $44,435 | $52,290 | $36,103 | $26,650 | 1 | $26,650 | $2,105 |
| 2022 | $28,128 | $22,400 | $56,495 | $55,000 | 2 | $55,000 | $1,700 |
| 2021 | $62,223 | $46,445 | $83,201 | $81,500 | 2 | — | — |
Under IRS private-foundation payout rules, Project Able Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Project Able Inc's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ali Samadi
Director
On filings since 2021
No compensation reported
Cristina Patel
Director
On filings since 2021
No compensation reported
Lauren Hanin
Director
On filings since 2021
No compensation reported
Michael Hanin
Director
On filings since 2021
No compensation reported
Ann Hanin
Treasurer
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 Project Able Inc
How much does Project Able Inc give each year?
Project Able Inc gave $48K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $27K across 1 grant.
How large is Project Able Inc?
Project Able Inc reported $31K in total assets on its 2024 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Project Able Inc?
Project Able Inc is a private foundation focused on Education, based in New York, NY. It holds $31K in total assets as of 2024.
Where does Project Able Inc operate?
Project Able Inc has awarded grants in Massachusetts, New York.
What is Project Able Inc's EIN?
Project Able Inc's EIN (Employer Identification Number) is 26-2722924. IRS Form 990 filing data is available on this page for 2021–2024.
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 2021–2024
Live grants for the work Project Able Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Project Able Inc's focus areas in our free grants database
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