SG Foundation Inc

Private foundation · Grantmaker Spring Valley, NY EIN: 81-0966003

SG Foundation Inc is a private foundation based in Spring Valley, New York. Its 2024 filing lists grants to charitable, educational, and religious organizations, with recipients in New York and New Jersey.

Key facts about SG Foundation Inc

In short: SG Foundation Inc gave $48K across 10 grants in 2024 (avg $5K), mostly in New York. 30% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
81-0966003
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$48,163
Grants made (2024)
10
Average grant
$4,816
Median grant
$750
New grantees (estimate)
30% first-time grantees (3 of 10, 2024; small sample)
Total assets
$196,009
Primary geography
New York (76% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 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

$196K

+36.3% YoY

Annual Giving

$48K

+21.4% YoY

Grant Count

10

-23.1% YoY

Avg Grant Size

$5K

+57.8% YoY

Under IRS private-foundation payout rules, SG Foundation Inc reported a distributable amount of $386 for 2024 — the minimum it must pay out in qualifying distributions.

Is SG Foundation Inc open to new grantees?

30%

first-time grantees, 2024

In 2024, 3 of 10 grantees (30%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $727; repeat grants $7K. How we count

Medians: $1K first-time, $500 repeat.

  • 60% of 2024 grantees were also funded in 2023. Method
  • Giving grew 51% from 2021 to 2024. Method
  • In 2024 it paid out well above 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.

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

Grantmaking

In filing year 2024, the foundation gave 10 grants totaling $48,163. Grants ranged from $100 to $22,005, with a median grant of $750. Its largest grants were $22,005 to Yeshiva of Spring Valley in Suffern, New York, for educational institutions; $12,124 to other charities in New York for charitable contributions; and $10,614 to Bnos Devorah in Lakewood, New Jersey, for charitable contribution.

Other listed recipients included Business Halachas Institute ($1,000), Beis Medrash Letorah ($1,000), Yeshiva Torah Vodaath ($500), RCCS ($360), A TIME ($280), Toldos Aron ($180), and Mikvah of Wesley Hills ($100).

How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Your AI grants department

Ready to take the next step with SG Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

The 2024 filing lists grant recipients in New York and New Jersey. New York recipients received 76% of grant dollars, and New Jersey recipients received 24%.

Grant Distribution by State

2states

Share of 2024 grant dollars across all 10 itemized grants.

Cities

BrooklynLakewoodMonseySuffernNew YorkHewlettSpring ValleyFar RockawayJacksonPassaic

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K8 grants2020 22 grants2021 13 grants2022 13 grants2023 10 grants2024

From 2020 to 2024, annual grant giving ranged from $28K (2020) to $48K (2024). In 2024 it made 10 grants totaling $48K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Yeshiva of Spring Valley: $22KYeshiva of Spring Valley$22KBnos Devorah: $11KBnos Devorah$11KBusiness Halachas Institute: $1KBusiness Halachas Institute$1KBeis Medrash Letorah: $1KBeis Medrash Letorah$1KYeshiva Torah Vodaath: $500Yeshiva Torah Vodaath$500Rccs: $360Rccs$360A Time: $280A Time$280Toldos Aron: $180Toldos Aron$180Mikvah of Wesley Hills: $100Mikvah of Wesley Hills$100

The largest 2024 recipient was Yeshiva of Spring Valley ($22K). Together the top 9 received $36K.

Grant Size Distribution

66 grants across all recorded years

66<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 66 grants of 66 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Yeshiva of Spring Valley Suffern, NYEducational Institutions$22,005
Other Charities Various, NYCharitable Contribution$12,124
Bnos Devorah Lakewood, NJCharitable Contribution$10,614
Business Halachas Institute Brooklyn, NYCharitable Contribution$1,000
Beis Medrash Letorah Passaic, NJReligious Institution$1,000
Yeshiva Torah Vodaath Brooklyn, NYEducational Assistance$500
Rccs Brooklyn, NYAssistance to the Indigent$360
A Time Brooklyn, NYCharitable Contribution$280
Toldos Aron Brooklyn, NYCharitable Contribtion$180
Mikvah of Wesley Hills Monsey, NYTo Further Jewish Casuses$100

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants given
2024 $196,009 $109,500 $57,633 $48,163
2023 $143,830 $74,000 $54,333 $39,672
2022 $127,162 $80,000 $59,293 $38,288
Revenue
Expenses
Qualifying Distributions
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$196,009$143,830$127,162
Revenue$109,500$74,000$80,000
Expenses$57,633$54,333$59,293
Qualifying Distributions$57,636$54,332$38,288
Distributable Amount$386$306$316

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Samuel Hartstein as Foundation Manager and Gail Hartstein as Treasurer.

SG Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Gail Hartstein

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Samuel Hartstein

    Foundation Manager

    On filings since 2020

    1 hr/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.

Contact

Mailing address: 10 Sherri Lane, Spring Valley, NY 10977
Phone: (718) 614-7309

Frequently asked questions about SG Foundation Inc

How much does SG Foundation Inc give each year?

SG Foundation Inc gave $48K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 13 grants.

What is SG Foundation Inc's typical grant size?

SG Foundation Inc's median grant in 2024 was $750, and its average grant was $4,816, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from SG Foundation Inc that year got $727 on average.

Where does SG Foundation Inc give grants?

SG Foundation Inc gives mostly in New York: 76% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (24%). The most frequent recipient cities were Brooklyn, NY (5 grants).

Who are SG Foundation Inc's largest grantees?

SG Foundation Inc's largest 2024 grantees include Yeshiva of Spring Valley ($22,005), Bnos Devorah ($10,614) and Business Halachas Institute ($1,000), according to its 2024 IRS Form 990-PF. Together they received 70% of its itemized 2024 grant dollars.

How large is SG Foundation Inc?

SG Foundation Inc reported $196K in total assets on its 2024 IRS Form 990-PF. It paid out $58K in qualifying distributions that year, against a required minimum of $386 (roughly 5% of its investment assets).

How do I apply for a grant from SG Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is SG Foundation Inc's EIN?

SG Foundation Inc's EIN (Employer Identification Number) is 81-0966003. IRS Form 990 filing data is available on this page for 2020–2024.

Does SG Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Your AI grants department

Here's the math on researching SG Foundation Inc by hand.

Explore Open Grants

Browse active grant opportunities in SG Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

The Stern Family Foundation

Cranbury, NJ

The foundation’s 2024 grants mainly supported Jewish religious and educational organizations, Talmudic research, and assistance to people in need. It made 50 grants ranging from $18 to $172,500, with a median of $1,375, primarily in New Jersey and New York; it accepts written requests detailing an organization’s accomplishments.

Assets

$8K

Grants

50

Total Given

$531K

The Weiskopf Family Foundation

Monsey, NY

The Weiskopf Family Foundation primarily supports charitable organizations, including Jewish religious and educational institutions and community-support organizations, with most of its 2024 grant dollars going to New York and New Jersey. Its 2024 grants ranged from $2,500 to $450,650, with a median of $15,000. It gives only to preselected organizations and does not accept unsolicited funding requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$766K

Grants

91

Total Given

$2.6M

The Sorala Foundation

Lakewood, NJ

Assets

$2.6M

Grants

211

Total Given

$502K

Ray & Sharon Haber Foundation Inc

Avenel, NJ

The foundation supports religious and educational organizations, with all 2024 grant dollars going to recipients in New Jersey. Its 283 grants ranged from $1,001 to $179,134, with a median award of $5,000. It accepts requests; applicants should contact Raymond Haber with the requester’s name and address, a personal statement, and a summary of financial hardship.

Assets

$60K

Grants

283

Total Given

$3.2M

BCG Charitable Foundation

Brooklyn, NY

BCG Charitable Foundation supports charitable organizations, with many of its largest 2024 grants designated to further Jewish causes. Its 87 grants ranged from $36 to $42,980, with a median of $1,000; most funding went to New York, with smaller amounts in New Jersey, Florida, and Maryland. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$1.3M

Grants

87

Total Given

$316K

Zichron Chaim Charity Fund

Brooklyn, NY

Philanthropy, Voluntarism & Grantmaking

Assets

$12K

Grants

237

Total Given

$132K

The Fishoff Family Foundation

Flushing, NY

The Fishoff Family Foundation supports charities helping families in need and educational institutions, with most of its giving in New York and some in New Jersey and other states. Its 2024 grants had a median of $1,000, though awards ranged from $25 to $300,000. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$2.1M

Grants

235

Total Given

$964K

LCPV Foundation Inc

Monroe, NY

LCPV Foundation supports a range of charitable, educational, and religious organizations, with 2024 grants concentrated in New York, New Jersey, and California, and smaller amounts in Minnesota and Florida. Grants ranged from $1,020 to $259,990, with a median of $5,200. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$2.1M

Grants

91

Total Given

$1.4M

Associated Jewish Charities of Baltimore

Baltimore, MD

Associated Jewish Charities of Baltimore supports Jewish life and related charitable, educational, religious, health, humanitarian, cultural, and social-service needs in Baltimore, nationally, in Israel, and worldwide. Its 2025 grants ranged from $5,020 to $15.25 million, with a median of $18,750; the profile describes specific funding opportunities and donor-advised fund recommendations but does not state whether it accepts unsolicited requests.

Assets

$446.7M

Grants

515

Total Given

$53.0M

The Yale Fishman Family Foundation

Woodmere, NY

Assets

$7.5M

Grants

120

Total Given

$218K

The Ford Foundation

New York, NY

The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.

Philanthropy, Voluntarism & Grantmaking

Assets

$17.5B

Grants

4,007

Total Given

$844.7M

More Funders in New York

SG Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?