The R & D Foundation Inc
The R & D Foundation Inc is a private foundation located in Monsey, New York. Established in 2019, it operates as a 501(c)(3) charitable organization with no employees.
Key facts about The R & D Foundation Inc
- EIN
- 83-2805394
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $196,092
- Grants made (2024)
- 31
- Average grant
- $6,326
- Median grant
- $1,800
- Total assets
- $35,863
- Primary geography
- New York (97% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The R & D Foundation Inc funds
By grant dollars, the top recipient states for The R & D Foundation Inc's 31 itemized 2024 grants were New York (97%). The most frequent recipient cities were Brooklyn, NY (11 grants), Monsey, NY (10 grants), Suffern, NY (2 grants) and Lakewood, NJ (2 grants). 100% of grants with a stated purpose were for general or operating support.
How The R & D Foundation Inc gives
- 26% of 2024 grantees were also funded in 2023. Method
- Giving fell 67% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36K
+19.8% YoY
Annual Giving
$196K
+64.6% YoY
Grant Count
31
+6.9% YoY
Avg Grant Size
$6K
+54.0% YoY
Under IRS private-foundation payout rules, The R & D Foundation Inc reported a distributable amount of $806 for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports charitable organizations through unrestricted grants to support their exempt purposes. Based on recent grantmaking activity, the foundation demonstrates a focus on religious and faith-based organizations, particularly those serving Jewish communities.
Grantmaking
The foundation made multiple grants in 2024, including:
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Geographic Focus
Where this funder awards grants
The foundation operates in New York, with grantees located in the Monsey area and surrounding regions.
Grant Distribution by State
Share of all 31 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Summary:
- Total revenues: $203,744
- Total expenses: $197,809
- Total assets: $35,863
- Number of employees: 0
2023 Comparison:
- Total revenues: $133,120 (representing a 53.1% increase from 2023 to 2024)
The foundation's revenue growth of over 50% year-over-year indicates increasing philanthropic capacity.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,863 | $29,928 | $14,728 |
| Revenue | $203,744 | $133,120 | $139,350 |
| Expenses | $197,809 | $120,420 | $156,149 |
| Qualifying Distributions | $196,942 | $119,769 | $156,149 |
| Net Investment Income | — | — | — |
| Distributable Amount | $806 | $3,140 | $861 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
100 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Congregation Mikdash Dovid ($64,700), Congregation Ramapo Cheder ($25,012), Kahal Shaarei Tefillah ($18,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONGREGATION MIKDASH DOVID Monsey, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $64,700 |
| CONGREGATION RAMAPO CHEDER Spring Valley, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $25,012 |
| KAHAL SHAAREI TEFILLAH Monsey, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $18,000 |
| OHR CHAIM INC Monsey, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $18,000 |
| SMILING SOULS Brooklyn, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $12,000 |
| YESHIVA OF SPRING VALLEY INC Suffern, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $9,988 |
| OHR SHLOMO CHASSIDIC CENTER Suffern, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $6,500 |
| CONGREGATION YESHIVA YAD MOISHE Brooklyn, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
| YESHIVA ASSOCIATION OF ROCKLAND COUNTY INC Monsey, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
| MAMAR MORDCHEI INC Brooklyn, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ralph Newhouse | Director | 1 | — |
| Diana Newhouse | Director | 0.5 | — |
| Christopher Thorn | Director | 0.15 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The R & D Foundation Inc fund?
The foundation supports charitable organizations through unrestricted grants to support their exempt purposes. Based on recent grantmaking activity, the foundation demonstrates a focus on religious and faith-based organizations, particularly those serving Jewish communities.
How do I apply for a grant from The R & D Foundation Inc?
The foundation made multiple grants in 2024, including: • Congregation Mikdash Dovid: $64,700 • Congregation Ramapo Cheder: $25,012 • Kahal Shaarei Tefillah: $18,000 • Additional 25 grants totaling $193,182 All grants are characterized as unrestricted support for organizations' exempt purposes. The foundation made approximately 28 grants in 2024.
Where does The R & D Foundation Inc make grants?
The foundation operates in New York, with grantees located in the Monsey area and surrounding regions.
What size grants does The R & D Foundation Inc award?
In 2024, The R & D Foundation Inc awarded 31 grants totaling $196K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The R & D Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The R & D Foundation Inc reported a distributable amount of $806 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The R & D Foundation Inc's EIN?
The R & D Foundation Inc's EIN (Employer Identification Number) is 83-2805394. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.