Tov V Chesed Foundation

Foundation · Grantmaker Brooklyn, NY EIN: 11-3407656

Tov V Chesed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.5M in total assets. In 2024, it awarded 5 grants totaling $334K. Net investment income was $647K.

Key facts about Tov V Chesed Foundation

In short: Tov V Chesed Foundation gave $334K across 5 grants in 2024 (avg $67K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
11-3407656
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$334,400
Grants made (2024)
5
Average grant
$66,880
Median grant
$18,400
Total assets
$7,488,728
Primary geography
New York (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.5M

+4.3% YoY

Annual Giving

$334K

-7.0% YoY

Grant Count

5

-44.4% YoY

Avg Grant Size

$67K

+67.3% YoY

Under IRS private-foundation payout rules, Tov V Chesed Foundation reported a distributable amount of $381K for 2024 — the minimum it must pay out in qualifying distributions.

How Tov V Chesed Foundation gives

  • Giving fell 31% from 2021 to 2024. Method
  • In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 5 itemized 2024 grant dollars.

States

Cities

BrooklynSuffernBedford HillsFlushingForest HillsMonroeMonsey

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K7 grants202010 grants202112 grants20229 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Shuvu Return Inc: $250KShuvu Return Inc$250KKollel Lev Yaakov: $41KKollel Lev Yaakov$41KVarious Organizations: $18KVarious Organizations$18KTomchei Shabbos: $18KTomchei Shabbos$18KYeshiva Ohr Reuven: $8KYeshiva Ohr Reuven$8K

Grant Size Distribution

43 grants across all recorded years

25<$50K14$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Shuvu Return Inc Brooklyn, NYCHARITABLE$250,000
KOLLEL LEV YAAKOV Brooklyn, NYCHARITABLE$40,500
VARIOUS ORGANIZATIONS Brooklyn, NYCHARITABLE$18,400
TOMCHEI SHABBOS Brooklyn, NYCHARITABLE$18,000
YESHIVA OHR REUVEN Suffern, NYCHARITABLE$7,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$7,488,728$7,179,887$6,925,811
Revenue$650,521$651,151$330,725
Expenses$341,680$397,075$1,958,731
Qualifying Distributions$338,130$362,240$337,659
Net Investment Income$646,971$616,316—
Distributable Amount$381,230$359,002$355,330

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

Tov V Chesed Foundation is led by Abraham Stern, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Abraham Stern

    Trustee

    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 Tov V Chesed Foundation

How much does Tov V Chesed Foundation give each year?

Tov V Chesed Foundation gave $334K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $360K across 9 grants.

What is Tov V Chesed Foundation's typical grant size?

Tov V Chesed Foundation's median grant in 2024 was $18,400, and its average grant was $66,880, across 5 grants on its 2024 IRS Form 990-PF.

Where does Tov V Chesed Foundation give grants?

Tov V Chesed Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (4 grants).

Does Tov V Chesed Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Tov V Chesed Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (5 grants).

Who are Tov V Chesed Foundation's largest grantees?

Tov V Chesed Foundation's largest 2024 grantees include Shuvu Return Inc ($250,000), Kollel Lev Yaakov ($40,500) and Various Organizations ($18,400), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.

How large is Tov V Chesed Foundation?

Tov V Chesed Foundation reported $7.5M in total assets on its 2024 IRS Form 990-PF. It paid out $338K in qualifying distributions that year, against a required minimum of $381K (roughly 5% of its investment assets).

What is Tov V Chesed Foundation?

Tov V Chesed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. It holds $7.5M in total assets as of 2024.

What is Tov V Chesed Foundation's EIN?

Tov V Chesed Foundation's EIN (Employer Identification Number) is 11-3407656. 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.

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