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
Under IRS private-foundation payout rules, Zichron Yechiel Mechel Foundation reported a distributable amount of $608K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Chayim Vchesed Inc ($407,197), Cong Keren Ateres Yisocher Dov Dzablitov ($235,503), American Friends of Rabbinical College of Telzstone Inc ($226,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACHIEZER COMMUNITY RESOURCE CENTER INC LAWRENCE, NY | UNRESTRICTED | $5,000 |
| AL KANFEI NISHARIM CEDARHURST, NY | UNRESTRICTED | $25,000 |
| AMERICAN FRIENDS OF KOLLEL BAIS YECHIEL ESFORMES INC CHICAGO, IL | UNRESTRICTED | $23,000 |
| AMERICAN FRIENDS OF NISHMAS YISROEL INC BROOKLYN, NY | UNRESTRICTED | $800 |
| AMERICAN FRIENDS OF PANIM EL PANIM BROOKLYN, NY | UNRESTRICTED | $31,000 |
| AMERICAN FRIENDS OF RABBINICAL COLLEGE OF TELZSTONE INC LAKEWOOD, NJ | UNRESTRICTED | $226,000 |
| AMERICAN FRIENDS OF RAMOT TORAH SCHOOLS INC BROOKLYN, NY | UNRESTRICTED | $5,000 |
| AMERICAN FRIENDS OF YAD ELIEZER JACKSON, NJ | UNRESTRICTED | $12,500 |
| AMERICAN FRIENDS OF YESHIVA DMIR BROOKLYN, NY | UNRESTRICTED | $78,375 |
| AMERICAN FRIENDS OF YESHIVAT TIFRACH LAKEWOOD, NJ | UNRESTRICTED | $1,800 |
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
Frequently Asked Questions
How do I apply for a grant from Zichron Yechiel Mechel Foundation?
The foundation maintains a **preselected grantmaking model** and does not accept unsolicited applications. Organizations must be invited to apply. **Grant Activity:** • Total grants awarded: 696 grants totaling $19.6M (across available records) • Median grant size: $3,000–$22,000 (varies by year) • Grant range: $100–$1.8M • Average grant award: $28,000–$32,800 • Number of unique organizations supported: 459 **Recent Annual Giving:** • 2024: $7.9M in grants • 2023: $9.6M in grants (107 grants) •…
Where does Zichron Yechiel Mechel Foundation make 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
What size grants does Zichron Yechiel Mechel Foundation award?
In 2024, Zichron Yechiel Mechel Foundation awarded 119 grants totaling $7.9M — an average of about $66K per grant, based on its IRS Form 990 filings.
How much is Zichron Yechiel Mechel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Zichron Yechiel Mechel Foundation reported a distributable amount of $608K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Zichron Yechiel Mechel Foundation's EIN?
Zichron Yechiel Mechel Foundation's EIN (Employer Identification Number) is 85-6822856. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
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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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