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1056 57th Foundation is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 2021. The principal officer is Hersh Lazar. It holds total assets of $82K. Annual income is reported at $59K. Total assets have grown from $202 in 2021 to $35K in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. Grantmaking is concentrated in New York. According to available records, 1056 57th Foundation has made 16 grants totaling $91K, with a median grant of $3K. Annual giving has decreased from $50K in 2021 to $6K in 2023. Individual grants have ranged from $280 to $25K, with an average award of $6K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$22K
Average Grant
$17K
Largest Grant
$25K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
1056 57th Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NY.
1056 57th Foundation has distributed a total of $91K across 16 grants. The median grant size is $3K, with an average of $6K. Individual grants have ranged from $280 to $25K.
1056 57th Foundation typically selects its grantees rather than accepting unsolicited proposals.
1056 57th Foundation is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hersh Lazar | Trustee | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$35K
Fair Market Value
$35K
Net Worth
$35K
Grants Paid
$6K
Contributions
$34K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$91K
Average Grant
$6K
Median Grant
$3K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mesivta Vayoel MosheGeneral Support | Brooklyn, NY | $2K | 2023 |
| Matbia CharityGeneral Support | Brooklyn, NY | $2K | 2023 |
| BloomingburgGeneral Support | Bloomingburg, NY | $1K | 2023 |
| Cong Yetev LevGeneral Support | Brooklyn, NY | $800 | 2023 |
| The Ojc FundGeneral Support | Brooklyn, NY | $280 | 2023 |
| Kolel Asko ShmsoGeneral Support | Brooklyn, NY | $10K | 2022 |
| KmiGeneral Support | Brooklyn, NY | $4K | 2022 |
| Mendel GluckGeneral Support | Brooklyn, NY | $3K | 2022 |
| Prestige FurnitureGeneral Support | Brooklyn, NY | $3K | 2022 |
| Keren Mugein ImoisheyaGeneral Support | Brooklyn, NY | $25K | 2021 |
| Ojc FundGeneral Support | Brooklyn, NY | $2K | 2021 |