The Chestnut Foundation

LAWRENCE, NY EIN: 46-3001070

The Chestnut Foundation is a private independent foundation based in Lawrence, New York. Designated as a 501(c)(3) organization, it operates as a grantmaking foundation focused on philanthropic activities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$813K

+55.0% YoY

Grant Count

34

-10.5% YoY

Avg Grant Size

$24K

+73.2% YoY

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

Mission & Focus Areas

The foundation's grantmaking priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation primarily directs its funding toward New York, New Jersey, and Illinois.

Grantmaking

Average Grant

amount and median grant amount data are available but specific figures were not disclosed in the sources

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Geographic Focus

Where this funder awards grants

The Chestnut Foundation directs its grants primarily to organizations in:

  • New York
  • New Jersey
  • Illinois

Grant Distribution by State

8states

Cities

ATLANTIC BEACHBELL GARDENSBEVERLY HILLSBLUE POINTBRONXBROOKLYNCEDARHURSTCHICAGOFALLSBURGFAR ROCKAWAYFERNDALEFLUSHINGHOWELLINWOODJACKSONLAKEWOODLAWRENCELOS ANGELESMARICOPAMIAMI

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $10.9 million
  • Total Revenue: $1.23 million
  • Total Expenses: $698,000
  • Total Liabilities: $0

As of 2024:

  • Total Assets: $11,031,383
  • Total Giving: $813,257
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$260K$521K$781K$1M27 grants202044 grants202141 grants202238 grants202334 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

YESHIVA OHAVEI TORAH$348KGATEWAYS ORGANIZATION INC$113KBNOS BAIS YAAKOV$101KYESHIVA GEDOLAH OF LOS A…$60KCONG AHAVAS TORAH V'CHESED$57KCONG MIKDASH DOVID$20KYESHIVA UNIVERSITY$20KHASHEVAYNU$15KYESHIVA DARCHEI TORAH$13KCONGREGATION KHAL CHASID…$12K

Grant Size Distribution

184 grants across all recorded years

161<$50K13$50–100K8$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BENJAMIN KESTPRESIDENT$93K

From 2024 filing

NameTitleHoursCompensation
BENJAMIN KESTPRESIDENT20$92,743
ASHER KESTTREASURER2
RACHEL LORBERSECRETARY2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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