The Michelle Carmazi Foundation

PORT WASHINGTON, NY EIN: 93-1383972

The Michelle Carmazi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORT WASHINGTON, NY. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $111K in total assets. In 2024, it awarded 6 grants totaling $68K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$111K

+79.0% YoY

Annual Giving

$68K

+504.9% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$11K

+303.3% YoY

Under IRS private-foundation payout rules, The Michelle Carmazi Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About The Michelle Carmazi Foundation

Based on IRS filings

The Michelle Carmazi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORT WASHINGTON, NY. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $111K in total assets. In 2024, it awarded 6 grants totaling $68K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BrooklynGlendaleHuntingon BeachHuntington StationJamaicaNew Hyde ParkNew YorkPort Wahington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$66K$99K$132K20232024
Metric20242023
Total Assets$110,949$61,993
Revenue$120,000$91,600
Expenses$71,279$29,607
Qualifying Distributions$67,759
Net Investment Income
Distributable Amount$2,235

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$34K$51K$68K4 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

YON SEBASTIAN LANDI$24KBETSY SILVA$13KHENRY SIMBANA$12KJEWISH NATIONAL FUND-USA$10KFRANCIS BERNARDEZ$9KHIGHLAND PARK COMMUNITY …$389

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Yon Sebastian Landi ($24,026), Betsy Silva ($12,874), Henry Simbana ($11,570).

RecipientPurposeAmount
HIGHLAND PARK COMMUNITY DEVELOPMENT CORP BROOKLYN, NYDONATIONS TO PUBLIC CHARITIES$389
JEWISH NATIONAL FUND-USA NEW YORK, NYDONATIONS TO PUBLIC CHARITIES$10,000
FRANCIS BERNARDEZ JAMAICA, NYHOSPITAL GRANT PROGRAM$8,707
BETSY SILVA JAMAICA, NYHOSPITAL GRANT PROGRAM$12,874
HENRY SIMBANA GLENDALE, NYHOSPITAL GRANT PROGRAM$11,570
YON SEBASTIAN LANDI HUNTINGTON STATION, NYHOSPITAL GRANT PROGRAM$24,026

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BENNY CARMAZIPRESIDENT & DIRECTOR1
MALKA CARMAZIVICE PRESIDENT & DIRECTOR1
RACHEL KARNIVICE PRESIDENT & DIRECTOR1
ESTHER ZERNITSKYTREASURER & DIRECTOR1
DONNA CAIN HLENSKISECRETARY & DIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Michelle Carmazi Foundation?

The Michelle Carmazi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORT WASHINGTON, NY. It holds $111K in total assets as of 2024.

How large is The Michelle Carmazi Foundation?

As of 2024, The Michelle Carmazi Foundation holds $111K in total assets with $120K in annual revenue. It awarded 6 grants totaling $68K in 2024.

Where does The Michelle Carmazi Foundation operate?

The Michelle Carmazi Foundation has awarded grants in California, New York.

What size grants does The Michelle Carmazi Foundation award?

In 2024, The Michelle Carmazi Foundation awarded 6 grants totaling $68K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is The Michelle Carmazi Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Michelle Carmazi Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Michelle Carmazi Foundation's EIN?

The Michelle Carmazi Foundation's EIN (Employer Identification Number) is 93-1383972. IRS Form 990 filing data is available on this page for 2023–2024.

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

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