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Asath Foundation is a private trust based in TOMS RIVER, NJ. The foundation received its IRS ruling in 2017. It holds total assets of $1.6M. Annual income is reported at $414K. Total assets have grown from $977K in 2019 to $1.6M in 2024. The foundation is governed by 2 officers and trustees. Contributions to various tax exempt organizations qualifying as Sec. 501(c)(3) charities. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in New Jersey and New York. According to available records, Asath Foundation has made 102 grants totaling $781K, with a median grant of $3K. Annual giving has decreased from $491K in 2022 to $290K in 2023. Individual grants have ranged from $500 to $110K, with an average award of $8K. The foundation has supported 55 unique organizations. The foundation primarily supports organizations in New Jersey, New York, Illinois, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$2K
Average Grant
$6K
Largest Grant
$50K
Based on 40 grants from the most recent 990-PF filing.
Contributions to various tax exempt yeshivos, schools & synangougesqualifying as Sec. 501(c)(3) charities
Expenses: $241K
Contributions to various tax exempt organizations qualifying as Sec. 501(c)(3) charities. Based on available records, the foundation has funded 102 grants. Its grantmaking reaches organizations primarily in NJ, NY, IL.
Asath Foundation has distributed a total of $781K across 102 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $500 to $110K.
The application deadline is APPLICATION MAY BE SUBMITTED AT ANY TIME DURING THE YEAR.. There are no limits or restrictions. All awards are based on their merits and recipients' needs.
Asath Foundation is headquartered in TOMS RIVER, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Aaron Homnick | Trustee | $0 | $0 | N/A |
| Adena Homnick | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.6M
Fair Market Value
N/A
Net Worth
$1.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
102
Total Giving
$781K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
55
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Forest GlenTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $4K | 2023 |
| Chesed FundTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $1K | 2023 |
| Congregation Gates Of MercyTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $110K | 2023 |
| Yeshivas RadinTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $37K | 2023 |
| Gmach Chasdei YitzchakTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $20K | 2023 |
| Machzikei YisroelTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $20K | 2023 |
| Hadar Bais YaakovTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $15K | 2023 |
| American Friends Of Beth Jacob JeruTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $12K | 2023 |
| Bais Medrash WestgateTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $10K | 2023 |
| Cong Chasdei YitzchokTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brookyln, NY | $10K | 2023 |
| Beth Medrash Govoha Of America TtfyTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $10K | 2023 |
| Mesikus HatorahTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Jackson, NJ | $5K | 2023 |
| Yad Yisroel B'EzriTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Jackson, NJ | $4K | 2023 |
| Khal Chassidim Of WestgateTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $3K | 2023 |
| Tomchei ShabbosTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $3K | 2023 |
| Hatzolah Of Central JerseyTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $3K | 2023 |
| Bnos MelechTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $3K | 2023 |
| Lakewood ChederTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $2K | 2023 |
| Lev L'AchimTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $2K | 2023 |
| Daat TorahTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $2K | 2023 |
| Zichron Shlomo Refuah FundTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $1K | 2023 |
| Yeshiva Tiferes TorahTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $1K | 2023 |
| Ohr ZaruaTO FARTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $1K | 2023 |
| Yad EliezerTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $1K | 2023 |
| Ohel SaraTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $1K | 2023 |
| Ruach Chaim LakewoodTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $1K | 2023 |
| Shmiras HasdorimTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $1K | 2023 |
| Cong Supporters Of TorahTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $1K | 2023 |
| RccsTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $1K | 2023 |
| Yeshiva Toras MenachemTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $1K | 2023 |
| ZakaTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $1K | 2023 |
| Chofetz Chaim Heritage FoundationTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $1K | 2023 |
| Knesses Bais AronTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $750 | 2023 |
| Ohr YisroelTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $750 | 2023 |
| Ohr NossonTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $750 | 2023 |
| Yeshiva Bais YosefTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $750 | 2023 |
| Torah Schools For IsraelTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $500 | 2023 |
| TatTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Lakewood, NJ | $500 | 2023 |
| Chicago Community KollelTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Chicago, IL | $50K | 2022 |
| Yad Yisroel UkraineTO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | Brooklyn, NY | $18K | 2022 |