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Sephardic Home for the Aged Foundation

Private foundation · Grantmaker New York, NY EIN: 11-1694718 Website

Sephardic Home for the Aged Foundation is a private foundation based in New York, NY. It is now known as The Sephardic Foundation on Aging (SFOA); the organization says it changed its name in 2020 after shifting its resources to foundation work in 2015. Its grantmaking supports programs and projects in aging, including care, community connection, and services for older adults.

Sephardic Home for the Aged Foundation at a glance

In short: Sephardic Home for the Aged Foundation gave $3.4M across 61 grants in 2024 (avg $56K), mostly in New York. 48% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$3,412,750
-25.3% vs 2023
Grants made (2024)
61
-24.7% vs 2023
Average grant
$55,947
-0.9% vs 2023
Median grant
$25,000
Total assets
$70,431,374
+4.2% vs 2023
New grantees (estimate)
48% first-time grantees (29 of 61, 2024)
Primary geography
New York (61% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Sephardic Home for the Aged Foundation

How to Apply

Prospective applicants submit a Letter of Inquiry (LOI) through the online application system. Staff review LOIs and present them to the board’s Grants Committee; selected applicants are invited to submit a full application. Staff and the committee review full applications, and the committee makes recommendations to the full board for review and a vote. Applicants must be 501(c)(3) nonprofits or have a 501(c)(3) fiscal sponsor and have been operating for at least two years. The foundation does not support individuals, endowments, colleges or universities, political organizations or action groups, debt reduction, or multi-year grant proposals.

Review Cycle
The website lists the 2027 Grant Cycle #1 LOI deadline as September 17, 2026, at 5 p.m. ET. It lists the 2027 Grant Cycle #2 LOI period as November 16–December 17, 2026, and the 2027 Grant Cycle #3 period as March 18–April 20, 2027.
Deadline
The website lists the 2027 Grant Cycle #1 LOI deadline as September 17, 2026, at 5 p.m.
Contact

Application contact: Sephardic Home For The Aged Foundat
Mailing address: 3 Columbus Circle 15Th Floor, New York, NY 10019
Phone: (646) 854-9975
Email: jhoffman@sfoa.org
Website: https://www.sfoa.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Sephardic Home for the Aged Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PEF Israel Endowment Funds: $513KPEF Israel Endowment Funds$513KJewish Agency for Israel - North American Council: $345KJewish Agency for Israel -North American Council$345KStruggle to Save Ethiopian Jewry: $300KStruggle to Save EthiopianJewry$300KAmerican Friends of Turkish Jewry: $255KAmerican Friends of TurkishJewry$255KFJC: $195KFJC$195KKavod - Ensuring Dignity for Holocaust Survivors: $150KKavod - Ensuring Dignity forHolocaust Survivors$150KAmerican Jewish Committee: $100KAmerican Jewish Committee$100KJewish Home of Rochester: $85KJewish Home of Rochester$85KHebrew Home of Greater Washington Inc: $85KHebrew Home of GreaterWashington Inc$85KAm Yisrael Foundation: $50KAm Yisrael Foundation$50K

The largest 2024 recipient was PEF Israel Endowment Funds ($513K). Together the top 10 received $2.1M.

Grant Size Distribution

338 grants across all recorded years

213<$50K68$50–100K39$100–250K15$250–500K3$500K–1M$1–5M$5M+

The most common grant size was under $50K: 213 grants of 338 (63%).

Geographic Focus

Where this funder awards grants

The 2024 grant dollars were distributed among recipients in several states: 61% went to New York, 15% to New Jersey, 6% to Colorado, 5% to Maryland, and 3% to Florida. The grants also included support for organizations whose stated work serves communities in Israel, Ethiopia, and Turkey.

Grant Distribution by State

31states

Share of 2024 grant dollars across all 61 itemized grants.

Cities

New YorkBrooklynRockvilleDenverFair LawnBrightonCherry HillEnglewoodMargateMiamiPittsburghSeattleSyracuseAnn ArborBronxChelseaGreenvilleHoustonLos AngelesOceanside

Is Sephardic Home for the Aged Foundation open to new grantees?

48%

first-time grantees, 2024

In 2024, 29 of 61 grantees (48%) were first-time recipients. First grants averaged $19K; repeat grants $89K. How we count

Medians: $15K first-time, $45K repeat.

  • 36% of 2024 grantees were also funded in 2023. Method
  • Giving fell 24% from 2021 to 2024. Method
  • In 2024 it paid out 132% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M73 grants2020 54 grants2021 69 grants2022 81 grants2023 61 grants2024

From 2020 to 2024, annual grant giving ranged from $3.3M (2020) to $4.6M (2023). In 2024 it made 61 grants totaling $3.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
PEF Israel Endowment Funds New York, NYGRANT$513,000
Jewish Agency for Israel - North American Council New York, NYGRANT$345,000
Struggle to Save Ethiopian Jewry New York, NYGRANT$300,000
American Friends of Turkish Jewry Tenafly, NJGRANT$255,000
FJC New York, NYGRANT$195,000
Kavod - Ensuring Dignity for Holocaust Survivors Denver, COGRANT$150,000
American Jewish Committee New York, NYGRANT$100,000
Jewish Home of Rochester Rochester, NYGRANT$85,000
Hebrew Home of Greater Washington Inc Rockville, MDGRANT$85,000
Am Yisrael Foundation Fair Lawn, NJGRANT$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$70,431,374$5,069,836$4,932,709$3,412,75061$4,481,364$4,628,840$3,394,852
2023$67,601,683$1,607,289$6,239,341$4,570,60081$5,849,419$1,211,160$3,251,490
2022$64,414,372$65,434$5,899,098$4,283,68969$5,377,374$1,233,853$3,435,661
2021$80,900,595$6,891,819$5,562,907$4,516,04854$5,418,099$6,604,540$3,884,626
2020$77,815,708$3,941,879$4,007,652$3,341,75273—$3,233,658$3,527,299

Under IRS private-foundation payout rules, Sephardic Home for the Aged Foundation reported a distributable amount of $3.4M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

SFOA’s mission is to foster innovation and collaboration in aging so older people and their communities have the support and resources they need to flourish. Its stated priorities include Holocaust survivor support, community connections, dementia care, capital improvements, and intergenerational programming. Its grant cycles focus on end-of-life care or preventing elder neglect, dementia care and brain degenerative diseases, and combating social isolation among older adults.

The 2024 grantees illustrate a range of supported work. The Jewish Home of Rochester says it works to improve the health and quality of life of older people in its Jewish community and the broader community. Hebrew Home of Greater Washington describes providing care and rehabilitation services to frail elders. American Friends of Turkish Jewry says it raises funds for community institutions in Turkey, including retirement homes, while Struggle to Save Ethiopian Jewry describes providing education, housing, and social and health services for people in need in Ethiopia and Israel.

Grantmaking

In 2024, the foundation reported 61 grants totaling $3,412,750. Grant amounts ranged from $2,000 to $513,000, with a median of $25,000. Recent large grants included $513,000 to PEF Israel Endowment Funds, $345,000 to Jewish Agency for Israel - North American Council, $300,000 to Struggle to Save Ethiopian Jewry, $255,000 to American Friends of Turkish Jewry, and $195,000 to FJC.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Michael Lopez as chair, Joe Halio as president, Neil Crespi as treasurer, and James Khani as secretary. Directors listed are Laurie Kahmi, James Caspi, Alan Matarasso, Clifton Russo, Louis Rousso, and Henry Perahia.

Sephardic Home for the Aged Foundation is led by Joshua Hoffman, Executive Director on every filing since 2020; 1 of 14 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Joshua Hoffman

    Executive Director

    On filings since 2020

    40 hrs/week

    $248K (2020) → $387K (2024)

  • Joe Halio

    President

    Secretary → President, 2022

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Michael Lopez

    Chair

    President → Chair, 2022

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Alan Matarasso

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Clifton Russo

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Henry Perahia

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ira Rousso

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • James Caspi

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Laurie Kahmi

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Louis Rousso

    Director

    Chairman → Director, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Raymond Cohen

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert Cohen

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • James Khani

    Secretary

    Director → Secretary, 2022

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Neil Crespi

    Treasurer

    On filings since 2020

    3 hrs/week

    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.

Compensation Overview

From 2024 IRS filing

Joshua Hoffman — Executive Director: $387KJoshua HoffmanExecutive Director$387K

The highest reported compensation on the 2024 filing was $387K, to Joshua Hoffman (Executive Director).

Frequently asked questions about Sephardic Home for the Aged Foundation

How much does Sephardic Home for the Aged Foundation give each year?

Sephardic Home for the Aged Foundation gave $3.4M across 61 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4.6M across 81 grants.

What is Sephardic Home for the Aged Foundation's typical grant size?

Sephardic Home for the Aged Foundation's median grant in 2024 was $25,000, and its average grant was $55,947, across 61 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Sephardic Home for the Aged Foundation that year got $19K on average.

Where does Sephardic Home for the Aged Foundation give grants?

Sephardic Home for the Aged Foundation gives mostly in New York: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (15%) and Colorado (6%). The most frequent recipient cities were New York, NY (14 grants), Rockville, MD (4 grants), Brooklyn, NY (4 grants) and Denver, CO (2 grants).

Does Sephardic Home for the Aged Foundation give general operating support?

Not in 2024: none of the 61 grants with a stated purpose on Sephardic Home for the Aged Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Grant" (61 grants).

Who are Sephardic Home for the Aged Foundation's largest grantees?

Sephardic Home for the Aged Foundation's largest 2024 grantees include PEF Israel Endowment Funds ($513,000), Jewish Agency for Israel - North American Council ($345,000) and Struggle to Save Ethiopian Jewry ($300,000), according to its 2024 IRS Form 990-PF. Together they received 34% of its itemized 2024 grant dollars.

How large is Sephardic Home for the Aged Foundation?

Sephardic Home for the Aged Foundation reported $70.4M in total assets on its 2024 IRS Form 990-PF. It paid out $4.5M in qualifying distributions that year, against a required minimum of $3.4M (roughly 5% of its investment assets).

What does Sephardic Home for the Aged Foundation fund?

SFOA’s mission is to foster innovation and collaboration in aging so older people and their communities have the support and resources they need to flourish. See mission & focus areas ↑

How do I apply for a grant from Sephardic Home for the Aged Foundation?

Prospective applicants submit a Letter of Inquiry (LOI) through the online application system. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Sephardic Home for the Aged Foundation's EIN?

Sephardic Home for the Aged Foundation's EIN (Employer Identification Number) is 11-1694718. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Sephardic Home for the Aged Foundation funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/sephardic-home-for-the-aged-foundation-morg_1d7f1f1aa6004a3c972f5335cf585042

BibTeX
@misc{grantable_111694718_2026,
  author       = {{Grantable}},
  title        = {{Sephardic Home for the Aged Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/sephardic-home-for-the-aged-foundation-morg_1d7f1f1aa6004a3c972f5335cf585042},
  note         = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Sephardic Home for the Aged Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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