The IGS Foundation Inc

Grantmaker Brooklyn, NY EIN: 81-0947833

The IGS Foundation Inc is a nonprofit organization, 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.

The IGS Foundation Inc at a glance

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.

Annual giving (2024)
$10,000
-58.8% vs 2023
Grants made (2024)
1
-50.0% vs 2023
Average grant
$10,000
-17.6% vs 2023
Median grant
$10,000
Total assets
$197,966
+51.7% vs 2023
Primary geography
New York (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990 filing, 2024 View filing

Data from IRS Form 990 filing, 2024; updated September 2026.

Who The IGS Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Yeshiva Torah Vodaath: $10KYeshiva Torah Vodaath$10K

The largest 2024 recipient was Yeshiva Torah Vodaath ($10K).

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

BrooklynMonsey

How The IGS Foundation Inc gives

  • Giving fell 47% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K4 grants2020 3 grants2021 1 grant2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $5K (2022) to $24K (2023). In 2024 it made 1 grant totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Yeshiva Torah Vodaath Brooklyn, NYTo Support Charitable Causes$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2024$197,966$78,528$12,000$10,0001—$950
2023$130,488—$24,285$24,2852$24,285—
2022$154,773$75,000$5,000$5,0001$5,000—
2021$84,773$430$19,012$19,0003——
2020$103,355$15,000$29,000$19,0004——

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.

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.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The IGS Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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