TOV V Chesed Foundation
TOV V Chesed Foundation is a private foundation, 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.
TOV V Chesed Foundation at a glance
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.
- Annual giving (2024)
- $334,400
- -7.0% vs 2023
- Grants made (2024)
- 5
- -44.4% vs 2023
- Average grant
- $66,880
- +67.3% vs 2023
- Median grant
- $18,400
- Total assets
- $7,488,728
- +4.3% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who TOV V Chesed Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Shuvu Return Inc ($250K). Together the top 4 received $316K.
Grant Size Distribution
43 grants across all recorded years
The most common grant size was under $50K: 25 grants of 43 (58%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $334K (2024) to $483K (2021). In 2024 it made 5 grants totaling $334K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shuvu Return Inc Brooklyn, NY | Charitable | $250,000 |
| Kollel Lev Yaakov Brooklyn, NY | Charitable | $40,500 |
| Various Organizations Brooklyn, NY | Charitable | $18,400 |
| Tomchei Shabbos Brooklyn, NY | Charitable | $18,000 |
| Yeshiva Ohr Reuven Suffern, NY | Charitable | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $7,488,728 | $650,521 | $341,680 | $334,400 | 5 | $338,130 | $646,971 | $381,230 |
| 2023 | $7,179,887 | $651,151 | $397,075 | $359,700 | 9 | $362,240 | $616,316 | $359,002 |
| 2022 | $6,925,811 | $330,725 | $1,958,731 | $336,200 | 12 | $337,659 | — | $355,330 |
| 2021 | $8,553,817 | $118,827 | $810,058 | $483,417 | 10 | $487,133 | — | $369,446 |
| 2020 | $9,245,047 | $732,894 | $465,926 | $442,175 | 7 | — | $722,927 | $449,934 |
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.
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 Tomchei Shabbos ($18,000), 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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work TOV V Chesed Foundation funds
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