The Igs Foundation Inc
The Igs Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $198K in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $950.
Key facts about The Igs Foundation Inc
In short: The Igs Foundation Inc gave $10K across 1 grant in 2024 (avg $10K), mostly in New York. Source: 2024 IRS Form 990 filing.
- EIN
- 81-0947833
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $10,000
- Grants made (2024)
- 1
- Average grant
- $10,000
- Median grant
- $10,000
- Total assets
- $197,966
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$198K
+51.7% YoY
Annual Giving
$10K
-58.8% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$10K
-17.6% YoY
How The Igs Foundation Inc gives
- Giving fell 47% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| YESHIVA TORAH VODAATH Brooklyn, NY | TO SUPPORT CHARITABLE CAUSES | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $197,966 | $130,488 | $154,773 |
| Revenue | $78,528 | — | $75,000 |
| Expenses | $12,000 | $24,285 | $5,000 |
| Qualifying Distributions | — | $24,285 | $5,000 |
| Net Investment Income | $950 | — | — |
| Distributable Amount | — | — | — |
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
Officers and directors from IRS filings
The Igs Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gail Salgo
Director
On filings since 2020
No compensation reported
Harold Friedman
Director
On filings since 2020
No compensation reported
Irving Salgo
Director
On filings since 2020
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.
Frequently asked questions about The Igs Foundation Inc
How much does The Igs Foundation Inc give each year?
The Igs Foundation Inc gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $24K across 2 grants.
How large is The Igs Foundation Inc?
The Igs Foundation Inc reported $198K in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $79K.
What is The Igs Foundation Inc?
The Igs Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. It holds $198K in total assets as of 2024.
Where does The Igs Foundation Inc operate?
The Igs Foundation Inc has awarded grants in New York.
What is The Igs Foundation Inc's EIN?
The Igs Foundation Inc's EIN (Employer Identification Number) is 81-0947833. 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.
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