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Brothers Ashkenazi Foundation Inc. is a private corporation based in LONG BRANCH, NJ. The foundation received its IRS ruling in 1998. The principal officer is Ezra E Ashkenazi. It holds total assets of $5.8M. Annual income is reported at $1.7M. Total assets have grown from $3.8M in 2011 to $5.8M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2024. According to available records, Brothers Ashkenazi Foundation Inc. has made 9 grants totaling $2.3M, with a median grant of $136K. Annual giving has grown from $48K in 2021 to $2M in 2023. Individual grants have ranged from $48K to $750K, with an average award of $255K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
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.
Brothers Ashkenazi Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Brothers Ashkenazi Foundation Inc. has distributed a total of $2.3M across 9 grants. The median grant size is $136K, with an average of $255K. Individual grants have ranged from $48K to $750K.
Brothers Ashkenazi Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Brothers Ashkenazi Foundation Inc. is headquartered in LONG BRANCH, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald Ashkenazi | TRUSTEE | $0 | $0 | N/A |
| Isaac Ashkenazi | TRUSTEE | $0 | $0 | N/A |
| Ezra E Ashkenazi | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.7M
Total Assets
$5.8M
Fair Market Value
$25.1M
Net Worth
$5.8M
Grants Paid
$1.6M
Contributions
N/A
Net Investment Income
$1.3M
Distribution Amount
$1.3M
Total Grants
9
Total Giving
$2.3M
Average Grant
$255K
Median Grant
$136K
Unique Recipients
3
Most Common Grant
$103K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jewish Communal FundCHARITY | New York, NY | $750K | 2023 |
| Magen David YeshivaCHARITY | Brooklyn, NY | $172K | 2023 |
| Various Available Upon RequestCHARITY | Long Branch, NJ | $103K | 2023 |