Sara Chait Memorial Foundation Inc
Sara Chait Memorial Foundation Inc is a private foundation focused on Health, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 10 grants totaling $207K. Net investment income was $138K.
Key facts about Sara Chait Memorial Foundation Inc
- EIN
- 13-6121596
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $207,020
- Grants made (2024)
- 10
- Average grant
- $20,702
- Median grant
- $20,000
- New grantees (estimate)
- 70% first-time grantees (7 of 10, 2024)
- Total assets
- $2,451,331
- Primary geography
- New York (64% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Sara Chait Memorial Foundation Inc funds
By grant dollars, the top recipient states for Sara Chait Memorial Foundation Inc's 10 itemized 2024 grants were New York (64%), New Jersey (26%) and Florida (10%). The most frequent recipient cities were New York, NY (3 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (10 grants).
Is Sara Chait Memorial Foundation Inc open to new grantees?
70%
first-time grantees, 2024
In 2024, 7 of 10 grantees (70%) were first-time recipients. First grants averaged $25K; repeat grants $12K. How we count
Medians: $20K first-time, $10K repeat.
- 20% of 2024 grantees were also funded in 2023. Method
- Giving grew 56% from 2021 to 2024. Method
- In 2024 it paid out 156% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Sara Chait Memorial Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
-2.4% YoY
Annual Giving
$207K
-38.4% YoY
Grant Count
10
+25.0% YoY
Avg Grant Size
$21K
-50.7% YoY
Under IRS private-foundation payout rules, Sara Chait Memorial Foundation Inc reported a distributable amount of $142K for 2024 — the minimum it must pay out in qualifying distributions.
About Sara Chait Memorial Foundation Inc
Based on IRS filings
Sara Chait Memorial Foundation Inc is a private foundation focused on Health, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 10 grants totaling $207K. Net investment income was $138K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,451,331 | $2,511,631 | $2,681,109 |
| Revenue | $163,425 | $178,488 | $144,254 |
| Expenses | $221,155 | $347,966 | $157,042 |
| Qualifying Distributions | $221,155 | $347,966 | $156,102 |
| Net Investment Income | $138,285 | $171,310 | $136,627 |
| Distributable Amount | $141,989 | $138,007 | $148,015 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include American Friends of Unit 669 ($54,000), American Friends of Sheba Med Ctr ($33,000), The Sharing Shelf ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF UNIT 669 Livingston, NJ | CHARITABLE | $54,000 |
| AMERICAN FRIENDS OF SHEBA MED CTR New York, NY | CHARITABLE | $33,000 |
| THE SHARING SHELF Port Chester, NY | CHARITABLE | $25,000 |
| MAKING HEADWAY FOUNDATION Chappaqua, NY | CHARITABLE | $20,000 |
| BOCA RATON REGIONAL HOSPITAL FDN Boca Raton, FL | CHARITABLE | $20,000 |
| AMERICAN FRIENDS OF RABIN MED CTR New York, NY | CHARITABLE | $20,000 |
| CHILD LIFE PROGRAM Oceanside, NY | CHARITABLE | $10,020 |
| LARGER THAN LIFE Long Island City, NY | CHARITABLE | $10,000 |
| LA ARETZ FOUNDATION Brooklyn, NY | CHARITABLE | $10,000 |
| JEWISH NATIONAL FUND New York, NY | CHARITABLE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lawrence E May | President | — | — |
| Alissa Shapiro | Secretary | — | — |
| Alfred Gollomp | Trustee | — | — |
| Sandra Divack Moss | Treasurer | — | — |
| Dr Warren Rosenfeld | Trustee | — | — |
| Rachel Shapiro | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sara Chait Memorial Foundation Inc?
Sara Chait Memorial Foundation Inc is a private foundation focused on Health, based in New York, NY. It holds $2.5M in total assets as of 2024.
How large is Sara Chait Memorial Foundation Inc?
As of 2024, Sara Chait Memorial Foundation Inc holds $2.5M in total assets with $163K in annual revenue. It awarded 10 grants totaling $207K in 2024.
Where does Sara Chait Memorial Foundation Inc operate?
Sara Chait Memorial Foundation Inc has awarded grants in Connecticut, Florida, New Jersey, New York, Texas.
What size grants does Sara Chait Memorial Foundation Inc award?
In 2024, Sara Chait Memorial Foundation Inc awarded 10 grants totaling $207K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Sara Chait Memorial Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sara Chait Memorial Foundation Inc reported a distributable amount of $142K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sara Chait Memorial Foundation Inc's EIN?
Sara Chait Memorial Foundation Inc's EIN (Employer Identification Number) is 13-6121596. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.