Zichron Yechiel Mechel Foundation
Zichron Yechiel Mechel Foundation is a private trust based in Uniondale, New York. The foundation received its IRS ruling in 2022 and operates as a grantmaking organization focused on supporting charitable causes primarily in the Northeast.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.2M
-39.6% YoY
Annual Giving
$7.9M
-18.2% YoY
Grant Count
119
+11.2% YoY
Avg Grant Size
$66K
-26.4% YoY
Grantmaking
The foundation maintains a **preselected grantmaking model** and does not accept unsolicited applications. Organizations must be invited to apply.
Grant Range
$3,000–$22,000 (varies by year)
Average Grant
award: $28,000–$32,800
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Primary states: New York, New Jersey, and Illinois (accounting for 95% of all grants)
- Extended reach: Grantmaking extends across 18 states, with additional activity in Maryland
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2024: $9.2M
- 2023: $15.3M
- 2022: $21.5M
- 2021: $26.6M
Annual Income: $9M–$1.1M (varies by reporting year)
Giving Rate: Approximately 62.7% of assets (2023)
The foundation's asset base has declined significantly from 2021 to 2024, reflecting market conditions and distribution patterns.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,242,254 | $15,309,961 | $21,536,891 |
| Revenue | $1,846,139 | $3,434,067 | $1,073,251 |
| Expenses | $7,899,416 | $9,666,480 | $6,578,128 |
| Qualifying Distributions | $7,858,123 | $9,601,636 | $6,504,604 |
| Net Investment Income | $498,704 | $675,330 | $778,916 |
| Distributable Amount | $608,113 | $879,064 | $1,087,734 |
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
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Barry Karfunkel — Trustee
The foundation operates with limited staffing based on available records.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARRY KARFUNKEL | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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