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E R G Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2001. The principal officer is Raymond Gindi. It holds total assets of $5.8M. Annual income is reported at $2.2M. Total assets have grown from $2.7M in 2011 to $6.6M 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 2015 to 2023. The foundation primarily funds organizations in New York and New Jersey. According to available records, E R G Foundation has made 336 grants totaling $2.3M, with a median grant of $1K. Annual giving has grown from $513K in 2021 to $1.7M in 2022. Individual grants have ranged from N/A to $250K, with an average award of $7K. The foundation has supported 169 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Arizona, which account for 97% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$1K
Average Grant
$7K
Largest Grant
$130K
Based on 78 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.
E R G Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 336 grants. Its grantmaking reaches organizations primarily in NY, NJ, AZ.
E R G Foundation has distributed a total of $2.3M across 336 grants. The median grant size is $1K, with an average of $7K. Individual grants have ranged from N/A to $250K.
E R G Foundation typically selects its grantees rather than accepting unsolicited proposals.
E R G Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth Gindi | DIRECTOR | $0 | $0 | N/A |
| Raymond Gindi | DIRECTOR | $0 | $0 | N/A |
| Ezra Sultan | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.1M
Total Assets
$6.6M
Fair Market Value
$6M
Net Worth
$6.6M
Grants Paid
$1.1M
Contributions
$125K
Net Investment Income
$382K
Distribution Amount
$297K
Total Grants
336
Total Giving
$2.3M
Average Grant
$7K
Median Grant
$1K
Unique Recipients
169
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rabbi Meir Baal HanessGENERAL PURPOSE | Brooklyn, NY | $5K | 2022 |
| Brooklyn Holistic SynagogueGENERAL PURPOSE | Brooklyn, NY | $250K | 2022 |
| Sephardic Community CenterGENERAL PURPOSE | New York, NY | $118K | 2022 |
| Ohel Yaccob CongregationGENERAL PURPOSE | New York, NY | $48K | 2022 |
| Bnei YitzhakGENERAL PURPOSE | Brooklyn, NY | $42K | 2022 |
| Recorded TalmudGENERAL PURPOSE | Brooklyn, NY | $41K | 2022 |
| Foundation For Sephardic StudiesGENERAL PURPOSE | New York, NY | $28K | 2022 |
| Orthodox UnionGENERAL PURPOSE | New York, NY | $26K | 2022 |
| Zaka Tel AvivGENERAL PURPOSE | Brooklyn, NY | $23K | 2022 |
| Sephardic Food FundGENERAL PURPOSE | New York, NJ | $21K | 2022 |
| North Shore Hebrew Academy High School (Ns Ha Hs)GENERAL PURPOSE | New York, NY | $20K | 2022 |
| Migdal OhrGENERAL PURPOSE | West Caldwell, NJ | $19K | 2022 |
| Friends Of United HatzalahGENERAL PURPOSE | Cold Spring Harbor, NY | $19K | 2022 |
| The Sephardic Heritage MuseumGENERAL PURPOSE | Brooklyn, NY | $10K | 2022 |
| UjaGENERAL PURPOSE | Brooklyn, NY | $10K | 2022 |
| Slmha OranizationGENERAL PURPOSE | New York, NJ | $9K | 2022 |
| Edmond J Safra Synagogue Of DealGENERAL PURPOSE | Brooklyn, NY | $9K | 2022 |
| Mikdash ShaulGENERAL PURPOSE | Brooklyn, NY | $7K | 2022 |
| American Friends Of Hadrat MelechGENERAL PURPOSE | Lakewood, NJ | $7K | 2022 |
| Ahi Ezer NetzGENERAL PURPOSE | Brooklyn, NY | $6K | 2022 |
| Keter Aram TzovaGENERAL PURPOSE | New York, NY | $6K | 2022 |
| Pauline InahbaiGENERAL PURPOSE | New York, NY | $6K | 2022 |
| Project YedidGENERAL PURPOSE | New York, NY | $5K | 2022 |
| The Netanya FoundationGENERAL PURPOSE | Brooklyn, NY | $5K | 2022 |
| Mesvita Jewish SchoolGENERAL PURPOSE | Brooklyn, NY | $5K | 2022 |