Yms Foundation Inc is a private foundation based in Brooklyn, New York. The organization was established in 2001 and operates as a 501(c)(3) exempt private foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
+0.5% YoY
Annual Giving
$12K
-83.1% YoY
Grant Count
6
-64.7% YoY
Avg Grant Size
$2K
-52.0% YoY
Under IRS private-foundation payout rules, Yms Foundation Inc reported a distributable amount of $166K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation gives primarily to Jewish agencies, temples, and schools. Grant descriptions indicate support for activities that promote the work of charitable organizations.
Grantmaking
The foundation made one grant in the most recent reporting period, with a total of six grants documented across recent tax filings.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (as of FY 2024):
- Total assets: $3,925,427
- Total giving: $11,800
- Total revenues: $33,335
- Total expenses: $15,554
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,925,427 | $3,907,646 | $3,933,929 |
| Revenue | $33,335 | $50,618 | $306,385 |
| Expenses | $15,554 | $73,192 | $192,510 |
| Qualifying Distributions | $11,800 | $69,670 | $192,320 |
| Net Investment Income | $33,335 | $50,618 | $306,385 |
| Distributable Amount | $166,481 | $159,088 | $162,955 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
101 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cong Yad Hakohen Dushinsky ($3,600), Bais Esther School ($2,400), Kedushat Zion ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Bnai Elozer Inc BROOKLYN, NY | to promote activities of organization | $1,000 |
| Cong Tiferes Moshe BROOKLYN, NY | to promote activities of organization | $1,000 |
| Mosdos Satmar BP Inc BROOKLYN, NY | to promote activities of organization | $1,800 |
| KEDUSHAT ZION BROOKLYN, NY | to promote activities of organization | $2,000 |
| Bais Esther School Brooklyn, NY | to promote activities of organization | $2,400 |
| Cong Yad Hakohen Dushinsky BROOKLYN, NY | to promote activities of organization | $3,600 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's leadership includes:
- Bernat Steinmetz (President)
- Michael Steinmetz (Vice President & Secretary)
- Ruth Steinmetz (Vice President)
- Abraham Weingarten (Treasurer)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Steinmetz | VICE PRESIDENT & SECRETARY | — | — |
| ABRAHAM WEINGARTEN | TREASURER | — | — |
| Bernat Steinmetz | PRESIDENT | — | — |
| RUTH STEINMETZ | VICE PRESIDENT | — | — |
Contact Information
Address: 1570 46th Street Brooklyn, NY 11219
Phone: 212-563-5733
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Yms Foundation Inc fund?
The foundation gives primarily to Jewish agencies, temples, and schools. Grant descriptions indicate support for activities that promote the work of charitable organizations.
How do I apply for a grant from Yms Foundation Inc?
**Grant Activity:** • Total giving in the most recent fiscal year (FY 2024): $11,800 • Typical award range: $150–$30,000 • Median grant amount: $1,900 • Maximum grant observed: $3,600 **Recent Grants (2024):** • Cong Yad Hakohen Dushinsky: $3,600 • Kedushat Zion: $2,000 • Mosdos Satmar BP: $1,800 The foundation made one grant in the most recent reporting period, with a total of six grants documented across recent tax filings.
Where does Yms Foundation Inc make grants?
The foundation primarily funds organizations in New York.
What size grants does Yms Foundation Inc award?
In 2024, Yms Foundation Inc awarded 6 grants totaling $12K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Yms Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Yms Foundation Inc reported a distributable amount of $166K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Yms Foundation Inc's EIN?
Yms Foundation Inc's EIN (Employer Identification Number) is 31-1732873. IRS Form 990 filing data is available on this page for 2019–2024.
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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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