Schonfeld Family Foundation

BRONX, NY EIN: 23-7113225

The Schonfeld Family Foundation is a private foundation established in 1971, located in Bronx, New York. It operates as a 501(c)(3) organization with no employees and focuses primarily on educational and scholarship grants.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.9M

-9.7% YoY

Annual Giving

$473K

+39.6% YoY

Grant Count

23

-4.2% YoY

Avg Grant Size

$21K

+45.7% YoY

Under IRS private-foundation payout rules, Schonfeld Family Foundation reported a distributable amount of $317K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding areas are education and scholarships. The foundation has identified increased cash availability for greater charitable distribution capability as a key program area.

Grantmaking

The foundation made 18 grants in its most recent fiscal year (2024). Recent grants include:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

New YorkRiver Edge

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

  • Total assets: $4,894,352
  • Total expenses: $476,357
  • Total revenues: -$50,581
  • Investment income and dividends: $171,433

As of December 31, 2023:

  • Investment income and dividends: $69,900

The foundation's investment income increased 145.3% year-over-year from 2023 to 2024.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$131K$262K$393K$524K20202021202220232024
Metric202420232022
Total Assets$4,894,352$5,421,290$5,797,738
Revenue$-50,581$-34,333$-77,265
Expenses$476,357$342,115$379,020
Qualifying Distributions$472,952$338,670$374,685
Net Investment Income$171,433$69,900$70,436
Distributable Amount$316,929$298,816$322,970

Giving Over Time

Total grant dollars and number of grants per year

$0$118K$236K$355K$473K10 grants202025 grants202129 grants202224 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JEWISH HEALTH ORGANIZATION$62KYESHIVA OF NORTH JERSEY$52KCHABAD$41KNEW YORK UNIV$39KUNIVERSITY OF MA$34KYESHIVA UNIVERSITY$33KSAR SCHOOL$29KTOURO UNIVERSITY$29KAMERICAN FRIENDS OF OSEH…$23KCENTRAL SYNAGOGUE$20K

Grant Size Distribution

111 grants across all recorded years

106<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jewish Health Organization ($61,750), Yeshiva of North Jersey ($51,700), Chabad ($41,200).

RecipientPurposeAmount
AMERICAN FRIENDS OF OSEH CHAYIL NEW YORK, NYEDUCATIONAL$23,000
BNOT ELISHEVA NEW YORK, NYEDUCATIONAL$4,800
CENTRAL SYNAGOGUE NEW YORK, NYEDUCATIONAL$20,000
CHABAD NEW YORK, NYEDUCATIONAL$41,200
BAR UNIVERSITY NEW YORK, NYEDUCATIONAL$13,000
JHC-JEWISH HERITAGE NEW YORK, NYEDUCATIONAL$12,000
FRIENDS IDF NEW YORK, NYVARIOUS$4,000
GATEWAYS NEW YORK, NYVARIOUS$6,600
JEWISH HEALTH ORGANIZATION NEW YORK, NYEDUCATIONAL$61,750
NEW YORK UNIV NEW YORK, NYEDUCATIONAL$38,700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MONICA GRAJOWERPRESIDENT2
MARK SCHONFELDTREASURER2

Frequently Asked Questions

What does Schonfeld Family Foundation fund?

The foundation's primary funding areas are education and scholarships. The foundation has identified increased cash availability for greater charitable distribution capability as a key program area.

How do I apply for a grant from Schonfeld Family Foundation?

The foundation made 18 grants in its most recent fiscal year (2024). Recent grants include: • Rosenbaum Yeshiva of North Jersey (RYNJ): $51,700 (Educational, December 2024) • Chabad Young Professionals: $41,200 (Educational, December 2024) • Yeshiva University (YU): $32,977 (Educational, December 2024)

What size grants does Schonfeld Family Foundation award?

In 2024, Schonfeld Family Foundation awarded 23 grants totaling $473K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Schonfeld Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Schonfeld Family Foundation reported a distributable amount of $317K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Schonfeld Family Foundation's EIN?

Schonfeld Family Foundation's EIN (Employer Identification Number) is 23-7113225. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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