Traditional Fund Inc
Traditional Fund Inc is a private foundation based in Lyndhurst, New Jersey. It makes contributions to charitable organizations assisting the educational and economic needs of Jewish communities in the United States and Israel.
Traditional Fund Inc at a glance
In short: Traditional Fund Inc gave $569K across 68 grants in 2024 (avg $8K), top state New Jersey. 38% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $569,313
- -17.0% vs 2023
- Grants made (2024)
- 68
- +1.5% vs 2023
- Average grant
- $8,372
- -18.3% vs 2023
- Median grant
- $2,636
- Total assets
- $877,118
- -11.2% vs 2023
- New grantees (estimate)
- 38% first-time grantees (26 of 68, 2024)
- Primary geography
- New Jersey (41% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Traditional Fund Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 1050 Wall Street West 230, Lyndhurst, NJ 07071
Phone: (201) 935-4669
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Traditional Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Israel Food Distribution Inc ($153K). Together the top 10 received $391K.
Grant Size Distribution
270 grants across all recorded years
The most common grant size was under $50K: 262 grants of 270 (97%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went primarily to recipients in New Jersey (41%) and New York (37%), followed by Texas (10%), Massachusetts (3%), and Florida (2%). The foundation’s stated charitable activity concerns the educational and economic needs of Jewish communities in the United States and Israel.
Grant Distribution by State
Share of 2024 grant dollars across all 68 itemized grants.
States
Cities
Is Traditional Fund Inc open to new grantees?
38%
first-time grantees, 2024
In 2024, 26 of 68 grantees (38%) were first-time recipients. First grants averaged $3K; repeat grants $12K. How we count
Medians: $2K first-time, $4K repeat.
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $233K (2020) to $686K (2023). In 2024 it made 68 grants totaling $569K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Israel Food Distribution Inc Passaic, NJ | To Further Charitable Purposes | $153,054 |
| PEF Israel Endowment Funds Inc New York, NY | To Support Charitable Programs in Israel | $60,000 |
| Yeshiva Torat Emet Houston, TX | To Support Jewish Education | $36,000 |
| Gateways Monsey, NY | To support adult jewish outreach programsto further adult jewish education programs | $35,750 |
| Zichron TZVI Elimelech Lakewood, NJ | To Provide Programs for the Needy in Israel | $23,600 |
| American Friends of Yeshivat D'Mir Brookln, NY | To Support Adult Jewish Education | $21,600 |
| Torch Houston, TX | To Support Adult Jewish Education Programs | $20,000 |
| Ne'eman Foundation USA Boston, MA | To Support Needy Families in Israel | $18,000 |
| United Community Fund Brookln, NY | To Further Charitable Purposes | $11,800 |
| Yeshiva Arzei Levanon Far Rockaway, NY | To Support Jewish Education in Israel | $11,075 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2024 | $877,118 | $465,000 | $576,172 | $569,313 | 68 | $569,313 |
| 2023 | $988,290 | $615,000 | $697,975 | $686,265 | 67 | $686,265 |
| 2022 | $1,071,265 | $520,000 | $568,903 | $549,147 | 63 | $549,147 |
| 2021 | $1,120,168 | $387,500 | $323,746 | $317,465 | 29 | $317,465 |
| 2020 | $1,056,414 | $237,000 | $233,750 | $232,905 | 43 | — |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
In its 2024 filing, the foundation described its direct charitable activity as contributions to other charitable organizations assisting the educational and economic needs of Jewish communities in the United States and Israel.
Its grants include support for Jewish education, adult education, aid to people in need, and community programs. For example, Israel Food Distribution Inc says it raises and distributes funds to help indigent people in Israel with food and necessities, and also provides emergency medical funds and family counseling. Hakshiva Inc describes its work as educational and socio-psychological assistance for teens and their parents. These are descriptions of the grantees’ missions.
Grantmaking
In 2024, the foundation reported 68 grants totaling $569,313. Grant amounts ranged from $40 to $153,054, with a median of $2,636. Among its largest grants were $153,054 to Israel Food Distribution Inc, $60,000 to PEF Israel Endowment Funds Inc, $36,000 to Yeshiva Torat Emet, and $35,750 to Gateways.
Other notable 2024 grants included $23,600 to Zichron Tzvi Elimelech, $21,600 to American Friends of Yeshivat D'Mir, and $20,000 to TORCH. The filing describes the grants’ purposes as including charitable purposes, support for charitable programs in Israel, Jewish education, adult Jewish education, and programs for people in need in Israel.
Leadership & Key People
Leadership team and compensation from IRS filings
Elliot Jacobs was listed as president on the 2024 filing.
Traditional Fund Inc is led by Elliot Jacobs, President on every filing since 2023 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Elliot Jacobs
President
On filings since 2023
No compensation reported
Former officers (1)
- Former: Robert Jacobs (2020–2022) — President
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 Traditional Fund Inc
How much does Traditional Fund Inc give each year?
Traditional Fund Inc gave $569K across 68 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $686K across 67 grants.
What is Traditional Fund Inc's typical grant size?
Traditional Fund Inc's median grant in 2024 was $2,636, and its average grant was $8,372, across 68 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Traditional Fund Inc that year got $3K on average.
Where does Traditional Fund Inc give grants?
Traditional Fund Inc's top state is New Jersey, with 41% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (37%) and Texas (10%). The most frequent recipient cities were Brookln, NY (15 grants), New York, NY (8 grants), Passaic, NJ (5 grants) and Monsey, NY (3 grants).
Does Traditional Fund Inc give general operating support?
Not in 2024: none of the 68 grants with a stated purpose on Traditional Fund Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support Jewish Education" (15 grants) and "To Support Synagogue" (6 grants).
Who are Traditional Fund Inc's largest grantees?
Traditional Fund Inc's largest 2024 grantees include Israel Food Distribution Inc ($153,054), PEF Israel Endowment Funds Inc ($60,000) and Yeshiva Torat Emet ($36,000), according to its 2024 IRS Form 990-PF. Together they received 44% of its itemized 2024 grant dollars.
How large is Traditional Fund Inc?
Traditional Fund Inc reported $877K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $465K.
What does Traditional Fund Inc fund?
In its 2024 filing, the foundation described its direct charitable activity as contributions to other charitable organizations assisting the educational and economic needs of Jewish communities in the United States and Israel. See mission & focus areas ↑
How do I apply for a grant from Traditional Fund Inc?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Traditional Fund Inc's EIN?
Traditional Fund Inc's EIN (Employer Identification Number) is 52-1755886. IRS Form 990 filing data is available on this page for 2020–2024.
Does Traditional Fund Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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 Traditional Fund Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Traditional Fund Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Traditional Fund Inc funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/traditional-fund-inc-morg_26fb2e23951048d49d34a9b8379f1cb2
BibTeX
@misc{grantable_521755886_2026,
author = {{Grantable}},
title = {{Traditional Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/traditional-fund-inc-morg_26fb2e23951048d49d34a9b8379f1cb2},
note = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Traditional Fund Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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