sons-family-foundation-inc-814514877.html type: exa:search title: 'FoundationSearch: Foundation Summary' type: exa:search title: THE VICTOR AZRAK & SONS FAMILY | Foundation Profile & Grants type: exa:search title: VICTOR AZRAK & SONS FAMILY FOUNDATION INC | Benevity Causes type: exa:search title: Grantmakers.io Profile - Victor Azrak & Sons Family Foundation Inc. type: exa:search title: Grantmakers.io Profile - Victor Azrak & Sons Family Foundation Inc. type: exa:news title: Valley Foundation Awards $50K to Eight Local Entrepreneurs - Greater Phoenix In Business Magazine type: exa:news title: Historic $1.3 Million Awarded To 61 Local Nonprofits Through CORE Grants Program - Community Foundation for Southern Arizona type: exa:news title: Celebrating 2025 ARPA Artist and Organization Grantees - Arts Foundation for Tucson and Southern Arizona type: exa:news title: "The Saguaros announce $866K in grants to help children\u2019s charities\ \ of Arizona - Arizona Digital Free Press"
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.8M
+48.5% YoY
Annual Giving
$524K
+3.4% YoY
Grant Count
21
-43.2% YoY
Avg Grant Size
$25K
+82.2% YoY
Under IRS private-foundation payout rules, The Victor Azrak & Sons Family reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation indicates it makes contributions to preselected organizations only, meaning unsolicited proposals are not accepted. The foundation has no confirmed application deadline and is best approached directly for more information.
Grant Range
$15,000
Average Grant
$25,000
Review Cycle
and is best approached directly for more information.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on New York, New Jersey, and Arkansas.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $3,782,296
- Annual Giving: $524,432
- Total Revenue: $1,777,634
- Total Expenses: $531,492
- Net Investment Income: $76,174
Historical Growth:
- 2023: Assets of $2,547,232; Revenue of $1,344,593; Expenses of $516,568
- 2022: Assets of $1,719,207; Revenue of $323,119; Expenses of $347,389
The foundation has demonstrated significant asset growth, with assets increasing 48.5% year-over-year from 2023 to 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,782,296 | $2,547,232 | $1,719,207 |
| Revenue | $1,777,634 | $1,344,593 | $323,119 |
| Expenses | $531,492 | $516,568 | $347,389 |
| Qualifying Distributions | $524,432 | $507,193 | $343,416 |
| Net Investment Income | $76,174 | $39,010 | $27,195 |
| Distributable Amount | $111,653 | $74,299 | $73,184 |
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
114 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Magen David Yeshiva ($118,530), Various Recipients Grants Under 5000 Each ($58,478), Yeshivah of Flatbush ($54,268).
| Recipient | Purpose | Amount |
|---|---|---|
| AHAVA BABY BROOKLYN, NY | TO FURTHER THE GOALS SET OUT IN THE FOUNDATION'S CHARTER | $8,000 |
| MAGEN DAVID YESHIVA BROOKLYN, NY | TO FURTHER THE GOALS SET OUT IN THE FOUNDATION'S CHARTER | $118,530 |
| YESHIVAT LEV TORAH BROOKLYN, NY | TO FURTHER THE GOALS SET OUT IN THE FOUNDATION'S CHARTER | $22,900 |
| YESHIVAH OF FLATBUSH BROOKLYN, NY | TO FURTHER THE GOALS SET OUT IN THE FOUNDATION'S CHARTER | $54,268 |
| YAD YOSEF BROOKLYN, NY | TO FURTHER THE GOALS SET OUT IN THE FOUNDATION'S CHARTER | $20,000 |
| VARIOUS RECIPIENTS GRANTS UNDER 5000 EACH NEW YORK, NY | TO FURTHER THE GOALS SET OUT IN THE FOUNDATION'S CHARTER | $58,478 |
| SEPHARDIC BIKUR HOLIM BROOKLYN, NY | TO FURTHER THE GOALS SET OUT IN THE FOUNDATION'S CHARTER | $22,330 |
| UJA FEDERATION NEW YORK, NY | TO FURTHER THE GOALS SET OUT IN THE FOUNDATION'S CHARTER | $15,252 |
| THE SEPHARDIC FOOD FUND NEW YORK, NY | TO FURTHER THE GOALS SET OUT IN THE FOUNDATION'S CHARTER | $45,900 |
| SIMHA ORGANIZATION BROOKLYN, NY | TO FURTHER THE GOALS SET OUT IN THE FOUNDATION'S CHARTER | $25,200 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is directed by three family members:
- Victor Azrak, Director
- Ralph Azrak, Director
- Marvin V Azrak, Director
All three serve with minimal time commitment (2 hours per week) and receive no compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VICTOR AZRAK | DIRECTOR | 2 | — |
| RALPH AZRAK | DIRECTOR | 2 | — |
| MARVIN V AZRAK | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Victor Azrak & Sons Family fund?
The foundation's grantmaking priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from The Victor Azrak & Sons Family?
**Grant Activity:** • Total giving in 2024: $524,432 • Number of grants in 2024: 21 grants • Median grant size: $15,000 • Grant range: $5,200 to $119,000 • Average grant size: $25,000 **Application Process:** The foundation indicates it makes contributions to preselected organizations only, meaning unsolicited proposals are not accepted. The foundation has no confirmed application deadline and is best approached directly for more information. **Staffing:** The foundation operates with limited s…
Where does The Victor Azrak & Sons Family make grants?
The foundation's grantmaking focuses primarily on New York, New Jersey, and Arkansas.
What size grants does The Victor Azrak & Sons Family award?
In 2024, The Victor Azrak & Sons Family awarded 21 grants totaling $524K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is The Victor Azrak & Sons Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Victor Azrak & Sons Family reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Victor Azrak & Sons Family's EIN?
The Victor Azrak & Sons Family's EIN (Employer Identification Number) is 81-4514877. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Victor Azrak & Sons Family'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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