Simbat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.3M in total assets. In 2024, it awarded 5 grants totaling $668K. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.3M
+12.1% YoY
Annual Giving
$668K
-5.9% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$134K
-5.9% YoY
Under IRS private-foundation payout rules, Simbat Foundation reported a distributable amount of $829K for 2024 — the minimum it must pay out in qualifying distributions.
About Simbat Foundation
Based on IRS filings
Simbat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.3M in total assets. In 2024, it awarded 5 grants totaling $668K. Net investment income was $1.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,252,028 | $15,389,690 | $14,989,619 |
| Revenue | $1,132,581 | $1,022,804 | $1,167,208 |
| Expenses | $737,100 | $768,953 | $808,641 |
| Qualifying Distributions | $678,660 | $722,706 | $738,401 |
| Net Investment Income | $1,097,815 | $1,008,539 | $1,109,741 |
| Distributable Amount | $829,066 | $727,341 | $711,158 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Uja-federation ($465,000), Leffell School ($118,000), National Ramah Commission ($45,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UJA-FEDERATION New York, NY | UNRESTRICTED | $465,000 |
| LEFFELL SCHOOL Hartsdale, NY | UNRESTRICTED | $118,000 |
| MECHON HADAR New York, NY | UNRESTRICTED | $15,000 |
| NATIONAL RAMAH COMMISSION New York, NY | UNRESTRICTED | $45,000 |
| ORTHODOX UNION NEW YORK, NY | UNRESTRICTED | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GABRIEL NECHAMKIN | PRESIDENT | 1 | — |
| BETH NECHAMKIN | VICE PRESIDENT | 1 | — |
| JAY BRAUNSTEIN | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Simbat Foundation?
Simbat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $17.3M in total assets as of 2024.
How large is Simbat Foundation?
As of 2024, Simbat Foundation holds $17.3M in total assets with $1.1M in annual revenue. It awarded 5 grants totaling $668K in 2024.
Where does Simbat Foundation operate?
Simbat Foundation has awarded grants in New York.
What size grants does Simbat Foundation award?
In 2024, Simbat Foundation awarded 5 grants totaling $668K — an average of about $134K per grant, based on its IRS Form 990 filings.
How much is Simbat Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Simbat Foundation reported a distributable amount of $829K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Simbat Foundation's EIN?
Simbat Foundation's EIN (Employer Identification Number) is 27-2852979. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Simbat Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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