Yaffa Foundation Inc

SOUTHAMPTON, NY EIN: 82-3804160

Yaffa Foundation Inc is a private grantmaking foundation based in Southampton, New York. Established in 2017 and designated as tax-exempt in July 2018, the foundation operates as a 501(c)(3) organization focused on philanthropic giving across multiple states and subject areas.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$583K

-48.3% YoY

Annual Giving

$1.7M

+18.4% YoY

Grant Count

-14.9% YoY

Avg Grant Size

$43K

+39.1% YoY

Under IRS private-foundation payout rules, Yaffa Foundation Inc reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation is an active grantmaker with a broad approach to philanthropy. Recent grantmaking activity shows:

Grant Range

** $1,000–$400,000

Average Grant

** Approximately $136,000 based on recent activity

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple states, with documented giving in:

New York
Pennsylvania
North Carolina
Utah
Washington

Grant Distribution by State

New York $4.5M (93%)

North Carolina $260K (5%)

Pennsylvania $20K (0%)

Virginia $20K (0%)

Washington $20K (0%)

Montana $4K (0%)

Utah $1K (0%)

States

Montana North Carolina New York Pennsylvania Utah Virginia Washington

Cities

AquebogueArlingtonBridgehamptonChappaquaCobleskillEast HamptonHampton BaysHuntingtonKingstonManorvilleMissoulaMoabNew YorkPhiladelphiaQuogueRiverheadRocheserSag HarborSagaponackSharon Springs

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending November 2024:

Total Assets: $583,158
Total Revenue: $1.18 million
Total Expenses: $1.73 million
Total Liabilities: $0

As of Fiscal Year Ending November 2023:

Total Assets: $1,128,412
Total Revenue: $6,777
Total Expenses: $1,468,356

The foundation's financial position shows significant annual grantmaking activity relative to its asset base, with expenses exceeding revenues in recent years.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$583,158	$1,128,412	$2,589,991
Revenue	$1,183,136	$6,777	$381,840
Expenses	$1,728,390	$1,468,356	$1,073,211
Qualifying Distributions	$1,712,080	$1,446,619	$1,043,560
Net Investment Income	$315,229	$11,162	$355,189
Distributable Amount	$64,989	$106,674	$171,390

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

165 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various Organizations - Details Provided Upon Request ($353,000), Ola of Eastern Long Island ($304,700), Peconic Land Trust Inc ($283,750).

Recipient	Purpose	Amount
ADVENTURE CYCLING ASSOCIATION MISSOULA, MT	GENERAL PURPOSE	$1,000
AKASHINGA PHILADELPHIA, PA	GENERAL PURPOSE	$10,000
ANIMAL RESCUE FUND OF THE HAMPTONS EAST HAMPTON, NY	GENERAL PURPOSE	$10,000
BELLA ABZUG LEADERSHIP INSTITUTE NEW YORK, NY	GENERAL PURPOSE	$80,000
BHCCRC BRIDGEHAMPTON, NY	GENERAL PURPOSE	$10,000
BPEACE WINSTON, NC	GENERAL PURPOSE	$220,000
CENTER FOR THERAPEUTIC RIDING OF THE EAST END BRIDGEHAMPTON, NY	GENERAL PURPOSE	$10,000
CHILDREN'S MUSEUM NEW YORK, NY	GENERAL PURPOSE	$10,000
CITIZENS FOR HUMANTIY WATER MILL, NY	GENERAL PURPOSE	$5,000
CLAY ART GUILD WATER MILL, NY	GENERAL PURPOSE	$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

Kathleen King – President (serves without compensation)
Justin Friedman – Treasurer (serves without compensation)

The foundation operates with no paid employees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KATHLEEN KING	PRESIDENT	1	—
JUSTIN FRIEDMAN	TREASURER	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

How do I apply for a grant from Yaffa Foundation Inc?

The foundation is an active grantmaker with a broad approach to philanthropy. Recent grantmaking activity shows: • **Total giving (2024):** $1,706,950 • **Number of grants (2024):** 47 grants awarded • **Typical grant range:** $1,000–$400,000 • **Average grant size:** Approximately $136,000 based on recent activity Recent notable grants include: • North Sea Maritime Center: $400,000 • Peconic Land Trust: $250,000 • The Bella Abzug Leadership Institute: $80,000 The foundation does not appear to …

Where does Yaffa Foundation Inc make grants?

The foundation supports organizations across multiple states, with documented giving in: • New York • Pennsylvania • North Carolina • Utah • Washington

What size grants does Yaffa Foundation Inc award?

In 2024, Yaffa Foundation Inc awarded 40 grants totaling $1.7M — an average of about $43K per grant, based on its IRS Form 990 filings.

How much is Yaffa Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Yaffa Foundation Inc reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.