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.
Key facts about Sephardic Home for the Aged Foundation
In short: Sephardic Home for the Aged Foundation gave $3.4M across 61 grants in 2024 (avg $56K), mostly in New York. 52% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 11-1694718
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,412,750
- Grants made (2024)
- 61
- Average grant
- $55,947
- Median grant
- $25,000
- New grantees (estimate)
- 52% first-time grantees (32 of 61, 2024)
- Total assets
- $70,431,374
- Primary geography
- New York (61% of itemized 2024 grant dollars)
- How to apply
- Prospective applicants submit a Letter of Inquiry (LOI) through the online application system. Full details ↓
- Deadline
- The website lists the 2027 Grant Cycle #1 LOI deadline as September 17, 2026, at 5 p.m.
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$70.4M
+4.2% YoY
Annual Giving
$3.4M
-25.3% YoY
Grant Count
61
-24.7% YoY
Avg Grant Size
$56K
-0.9% YoY
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.
Is Sephardic Home for the Aged Foundation open to new grantees?
52%
first-time grantees, 2024
In 2024, 32 of 61 grantees (52%) were first-time recipients. First grants averaged $21K; repeat grants $95K. How we count
Medians: $19K first-time, $50K repeat.
- 34% 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.
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.
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.
Open Grants
3 open opportunities from Sephardic Home for the Aged Foundation
Combating Social Isolation of Older Adults Grant
Sephardic Home for the Aged Foundation
Amount
Varies
Deadline
Rolling / Open
Dementia Care and Brain Degenerative Diseases Grant
Sephardic Home for the Aged Foundation
Amount
Varies
Deadline
Rolling / Open
End of Life Care or Preventing Elder Neglect Grant
Sephardic Home for the Aged Foundation
Amount
Varies
Deadline
Rolling / Open
Ready to take the next step with Sephardic Home for the Aged Foundation?
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
Share of all 61 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
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
The most common grant size was under $50K: 213 grants of 338 (63%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pef Israel Endowment Funds New York, NY | GRANT | $513,000 |
| Jewish Agency for Israel - North American Council New York, NY | GRANT | $345,000 |
| Struggle to Save Ethiopian Jewry New York, NY | GRANT | $300,000 |
| American Friends of Turkish Jewry Tenafly, NJ | GRANT | $255,000 |
| FJC New York, NY | GRANT | $195,000 |
| Kavod - Ensuring Dignity for Holocaust Survivors Denver, CO | GRANT | $150,000 |
| American Jewish Committee New York, NY | GRANT | $100,000 |
| Jewish Home of Rochester Rochester, NY | GRANT | $85,000 |
| Hebrew Home of Greater Washington Inc Rockville, MD | GRANT | $85,000 |
| Am Yisrael Foundation Fair Lawn, NJ | GRANT | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $70,431,374 | $5,069,836 | $4,932,709 | $3,412,750 (61 grants) |
| 2023 | $67,601,683 | $1,607,289 | $6,239,341 | $4,570,600 (81 grants) |
| 2022 | $64,414,372 | $65,434 | $5,899,098 | $4,283,689 (69 grants) |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $70,431,374 | $67,601,683 | $64,414,372 |
| Revenue | $5,069,836 | $1,607,289 | $65,434 |
| Expenses | $4,932,709 | $6,239,341 | $5,899,098 |
| Qualifying Distributions | $4,481,364 | $5,849,419 | $5,377,374 |
| Net Investment Income | $4,628,840 | $1,211,160 | $1,233,853 |
| Distributable Amount | $3,394,852 | $3,251,490 | $3,435,661 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
The highest reported compensation on the 2024 filing was $387K, to Joshua Hoffman (Executive Director).
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
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 $21K 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 September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Sephardic Home for the Aged Foundation by hand.
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