The Avi Chai Foundation

NEW YORK, NY EIN: 13-3252800

The Avi Chai Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $375.3M in total assets. In 2024, it awarded 2 grants totaling $16.2M. Net investment income was $13.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$375.3M

+1.5% YoY

Annual Giving

$16.2M

-7.1% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$8.1M

+39.3% YoY

Under IRS private-foundation payout rules, The Avi Chai Foundation reported a distributable amount of $16.9M for 2024 — the minimum it must pay out in qualifying distributions.

About The Avi Chai Foundation

Based on IRS filings

Ready to take the next step with The Avi Chai Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $3.8M (95%)

Georgia $193K (5%)

District of Columbia $86 (0%)

States

District of Columbia Georgia New York

Cities

AtlantaNew YorkWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$375,348,756	$369,969,735	$373,827,494
Revenue	$16,496,545	$19,488,969	$17,150,245
Expenses	$18,131,369	$20,221,315	$16,487,439
Qualifying Distributions	$16,999,060	$18,448,034	$13,650,406
Net Investment Income	$13,452,284	$17,907,469	$14,028,223
Distributable Amount	$16,868,222	$17,165,514	$18,544,988

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Avi Chai Israel ($15,565,346), Pardes Institute of Jewish Studies North America ($640,000).

Recipient	Purpose	Amount
AVI CHAI ISRAEL	GRANT TO SUPPORT JEWISH EDUCATION PROGRAMS IN ISRAEL. THE GRANT AMOUNT HAS BEEN REDUCED BY $100,000 OF WHICH THE GRANTEE DID NOT SPEND OUT OF CORPUS AND THEREFORE THE FOUNDATION HAS NOT INCLUDED AS A QUALIFIED DISTRIBUTION. NAME OF RECIPIENT - AVI CHAI ISRAEL GRANT FOR THE USE OF A PROPERTY IN JERUSALEM, TO SUPPORT CHARITABLE AND EDUCATIONAL ACTIVITIES. THE VALUE OF THE USE OF THE PROPERTY FOR 2024 WAS $42,895	$15,565,346
PARDES INSTITUTE OF JEWISH STUDIES NORTH AMERICA NEW YORK, NY	GRANT TO SUPPORT JEWISH EDUCATION.	$640,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ALISSA FRIED	CHAIRMAN	15	$25,000
ANDRE ROSENBLATT	TRUSTEE	1	$25,000
JACOB WISSE	TRUSTEE	1	$25,000
JENNIFER FELD	TRUSTEE	1	$25,000
NERIA BUZAGLO	TRUSTEE	1	$25,000
REBECCA RITTER	TRUSTEE	1	$25,000
SOPHIA MERKIN	TRUSTEE	3	$25,000
SUZANNE DRYAN FELSON	TRUSTEE	3	$25,000
TAMAR DARMON	TRUSTEE	1	$25,000

Frequently Asked Questions

How large is The Avi Chai Foundation?

As of 2024, The Avi Chai Foundation holds $375.3M in total assets with $16.5M in annual revenue. It awarded 2 grants totaling $16.2M in 2024.

Where does The Avi Chai Foundation operate?

The Avi Chai Foundation has awarded grants in District of Columbia, Georgia, New York.

What size grants does The Avi Chai Foundation award?

In 2024, The Avi Chai Foundation awarded 2 grants totaling $16.2M — an average of about $8.1M per grant, based on its IRS Form 990 filings.

How much is The Avi Chai Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Avi Chai Foundation reported a distributable amount of $16.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.