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E & H Parnes Foundation Inc. is a private corporation based in EDISON, NJ. The foundation received its IRS ruling in 1972. The principal officer is Parnes. It holds total assets of $9M. Annual income is reported at $1.4M. Total assets have grown from $5M in 2011 to $8.5M in 2022. The foundation is governed by 1 officer or trustee. The foundation is solely engaged in grant-making activities and is following the special rule. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York and New Jersey. According to available records, E & H Parnes Foundation Inc. has made 34 grants totaling $648K, with a median grant of $6K. Individual grants have ranged from $500 to $299K, with an average award of $19K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Maryland, which account for 94% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$8K
Average Grant
$16K
Largest Grant
$159K
Based on 28 grants from the most recent 990-PF filing.
The foundation is solely engaged in grant-making activities and is following the special rule.
The foundation is solely engaged in grant-making activities and is following the special rule. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in NY, NJ, MD.
E & H Parnes Foundation Inc. has distributed a total of $648K across 34 grants. The median grant size is $6K, with an average of $19K. Individual grants have ranged from $500 to $299K.
E & H Parnes Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
E & H Parnes Foundation Inc. is headquartered in EDISON, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles Parnes | Foundation Mana | $0 | $0 | N/A |
Total Giving
$669K
Total Assets
$8.5M
Fair Market Value
$8.5M
Net Worth
$8.5M
Grants Paid
$648K
Contributions
$584K
Net Investment Income
$1M
Distribution Amount
$383K
Total Grants
34
Total Giving
$648K
Average Grant
$19K
Median Grant
$6K
Unique Recipients
34
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Toras ChesedRELIGIOUS ACTIVITIES | Lakewood, NJ | $3K | 2023 |
| Mesivta Yeshiva Rabbi Chaim BerlinTUITION FOR NEEDY BOYS | Brooklyn, NY | $299K | 2023 |
| Cong Agudath Israel Of Boro ParkSPIRITUAL DEVELOPMENT | Brooklyn, NY | $112K | 2023 |
| American Friends Of Yeshiva D'MirRELIGIOUS INSTITUTION | Brooklyn, NY | $30K | 2023 |
| Cong Tiferes TorahAID TO NEEDY SCHOLARS | Monsey, NY | $22K | 2023 |
| Cong Ahavas Tzdokah V'ChesedASSISTANCE FOR THE NEEDY | Brooklyn, NY | $20K | 2023 |
| Friends Of Yeshivat HaranRELIGIOUS ACTIVITIES | Brooklyn, NY | $18K | 2023 |
| Bmg Student Aid FundTUITION ASSISTANCE | Lakewood, NJ | $15K | 2023 |
| Khal Shaarei TefillahSYNAGOGUE | Brooklyn, NY | $14K | 2023 |
| Kollel Chazon IshSPIRITUAL DEVELOPMENT | New York, NY | $11K | 2023 |
| Yeshivas Torah OreSPIRITUAL DEVELOPMENT | Brooklyn, NY | $10K | 2023 |
| Bais Medrash GovahaRELIGIOUS ACTIVITIES | Lakewood, NJ | $10K | 2023 |
| Cong Ahavas Chesed TorahFOOD FOR THE NEEDY | Lakewodo, NJ | $10K | 2023 |
| Sinai AcademyRELIGIOUS EDUCATION | Brooklyn, NY | $10K | 2023 |
| Mesivta Tiferes JerusalemRELIGIOUS EDUCATION | Ny, NY | $9K | 2023 |
| Yesh Gedolah Of TeaneckRELIGIOUS INSTITUTION | Teaneck, NJ | $9K | 2023 |
| Kneses HatorahADVANCEMENT OF RELIGIOUS EDUCATION | Brooklyn, NY | $8K | 2023 |
| Beth Abba TrustFURTHERANCE OF CHARITABLE ACTIVITIES | Brooklyn, NY | $6K | 2023 |
| Bas Mikroh Girls SchoolEDUCATIONAL ORGANIZATION | Spirng Valley, NY | $5K | 2023 |
| Ramot Torah SchoolsTUITION FOR NEEDY CHILDREN | Monsey, NY | $5K | 2023 |
| Vaad Leorer YesheinimTo aid and assist needy, sick, disabled, or indigent people | Passaic, NJ | $5K | 2023 |
| Kollel Zichron MenachemSPIRITUAL DEVELOPMENT | Monsey, NY | $3K | 2023 |
| Tiferes MosheSPIRITUAL DEVELOPMENT | Lakewood, NJ | $3K | 2023 |
| Lev L'AchimSPIRITUAL AND EMOTIONAL GUIDANCE | Brooklyn, NY | $3K | 2023 |
| Kollel Zichron SchneurSPIRITUAL DEVELOPMENT | Monsey, NY | $3K | 2023 |
| Ohr YosefRELIGIOUS ACTIVITIES | Ny, NY | $1K | 2023 |
| Beth Israel Bais YisroelSYNOGOGUE | Monsey, NY | $1K | 2023 |
| Telshe Yeshiva Of ChicagoRELIGIOUS EDUCATION | Chicago, IL | $1K | 2023 |
| American Friends Of Bait Shmaya SchRELIGIOUS ACTIVITIES | Baltimore, MD | $1K | 2023 |
| Beth Medrosh Kovetz Al YadSPIRITUAL DEVELOPMENT | Brooklyn, NY | $1K | 2023 |
| Yesh Kollel Harbotzas TorahTUITION FOR NEEDY STUDENTS | Brooklyn, NY | $900 | 2023 |
| Cong Shomer Shabes Anshei SfardRELIGIOUS ACTIVITIES | Brooklyn, NY | $800 | 2023 |
| Cong Yeshiva Gedolah - Student AidEDUCATIONAL ORGANIZATION | Oak Park, MI | $500 | 2023 |
| Yeshiva Zichron MeilechSPIRITUAL DEVELOPMENT | Brooklyn, NY | $500 | 2023 |