The Jake Aronov Charitable Foundation
The Jake Aronov Charitable Foundation is a private foundation based in Montgomery, Alabama. Established in 2000, it operates as a 501(c)(3) organization classified as a corporate foundation. The foundation manages philanthropic initiatives focused on arts, culture, and religious causes across multiple U.S. cities and states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.4M
-4.9% YoY
Annual Giving
$3.1M
+29.5% YoY
Grant Count
23
+21.1% YoY
Avg Grant Size
$135K
+7.0% YoY
Under IRS private-foundation payout rules, The Jake Aronov Charitable Foundation reported a distributable amount of $558K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports initiatives in the following areas:
- Arts and culture
- Performing arts
- Theater
- Philanthropy and nonprofits
- Religion and Judaism
The foundation's purpose stems from managing securities that were donated to the organization and subsequently decreased in value before sale.
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$5,000 to $720,000
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Geographic Focus
Where this funder awards grants
The foundation provides funding to organizations in multiple cities and states, including:
Cities: Atlanta, Baltimore, Birmingham, Brooklyn, Clifton, Lakewood, New York, Rochester, Rye, and Washington
States: Alabama, District of Columbia, Georgia, Maryland, Minnesota, New Jersey, and New York
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $9.3 million to $9.8 million
Annual Giving: $2.4 million to $3.1 million
Total Revenue: $804,054 to $2.7 million (varies by fiscal year)
Total Expenses: $2.4 million to $3.2 million
Giving Rate: Approximately 24.4% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,356,211 | $9,842,542 | $11,465,749 |
| Revenue | $2,734,911 | $804,054 | $3,761,361 |
| Expenses | $3,221,242 | $2,421,530 | $739,135 |
| Qualifying Distributions | $3,164,899 | $2,403,865 | $696,500 |
| Net Investment Income | $1,104,200 | $169,996 | $679,683 |
| Distributable Amount | $558,445 | $612,395 | $617,295 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Aish Global Inc ($720,000), Jewish Unity International ($500,000), Toras Dovid Community Kollel ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AISH GLOBAL INC CLIFTON, NY | GENERAL SUPPORT | $720,000 |
| JEWISH UNITY INTERNATIONAL ATLANTA, GA | GENERAL SUPPORT | $500,000 |
| TORAS DOVID COMMUNITY KOLLEL MONSEY, NY | GENERAL SUPPORT | $500,000 |
| CHABAD OF ALABAMA BIRMINGHAM, AL | GENERAL SUPPORT | $300,000 |
| ATLANTA KOLLEL ATLANTA, GA | GENERAL SUPPORT | $225,000 |
| ATLANTA SCHOLARS KOLLELL ATLANTA, GA | GENERAL SUPPORT | $180,000 |
| OHR SOMAYACH SOUTH AFRICA | GENERAL SUPPORT | $180,000 |
| ALIYOS SHLOMO BROOKLYN, NY | GENERAL SUPPORT | $150,000 |
| AMERICAN FRIENDS OF MEOROT YERUSHALAYIM BROOKLYN, NY | GENERAL SUPPORT | $75,000 |
| BETH JACOB ATLANTA ATLANTA, GA | GENERAL SUPPORT | $60,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Jake F. Aronov serves as Chairman of the Board of Directors. He does not receive compensation for his role.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAKE F ARONOV | CHAIRMAN OF BD. OF DIREC. | 0.5 | — |
Contact Information
Address: 3500 Eastern Boulevard, Montgomery, AL 36116-1786
Telephone: 334-277-1000
EIN: 63-1215344
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Jake Aronov Charitable Foundation fund?
The foundation supports initiatives in the following areas: • Arts and culture • Performing arts • Theater • Philanthropy and nonprofits • Religion and Judaism The foundation's purpose stems from managing securities that were donated to the organization and subsequently decreased in value before sale.
How do I apply for a grant from The Jake Aronov Charitable Foundation?
**Grant Activity:** • The foundation made 19 grants in its most recent fiscal year • Total giving: $2.4 million to $3.1 million annually • Grant range: $5,000 to $720,000 • Median grant size: $36,000 **Recent Grants (2024):** • Aish Global: $720,000 • Olami Launch: $500,000 • Toras Dovid Community Kollel: $500,000 **Application Policy:** The foundation does not accept unsolicited applications and operates on an invite-only basis.
Where does The Jake Aronov Charitable Foundation make grants?
The foundation provides funding to organizations in multiple cities and states, including: **Cities:** Atlanta, Baltimore, Birmingham, Brooklyn, Clifton, Lakewood, New York, Rochester, Rye, and Washington **States:** Alabama, District of Columbia, Georgia, Maryland, Minnesota, New Jersey, and New York
What size grants does The Jake Aronov Charitable Foundation award?
In 2024, The Jake Aronov Charitable Foundation awarded 23 grants totaling $3.1M — an average of about $135K per grant, based on its IRS Form 990 filings.
How much is The Jake Aronov Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Jake Aronov Charitable Foundation reported a distributable amount of $558K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Jake Aronov Charitable Foundation's EIN?
The Jake Aronov Charitable Foundation's EIN (Employer Identification Number) is 63-1215344. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Jake Aronov Charitable Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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