//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Ghatan Foundation is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 1998. The principal officer is Eliot Y Ghatan. It holds total assets of $916K. Annual income is reported at $358K. Total assets have grown from $373K in 2010 to $591K in 2022. The foundation is governed by 1 officer or trustee. Activities were carried for charitable, educational scientific religious and cultural purposes. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in New York. According to available records, Ghatan Foundation has made 64 grants totaling $291K, with a median grant of $3K. Annual giving has decreased from $174K in 2022 to $117K in 2023. Individual grants have ranged from $250 to $25K, with an average award of $5K. The foundation has supported 31 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$4K
Largest Grant
$18K
Based on 21 grants from the most recent 990-PF filing.
Activities were carried for charitable, educational scientific religious and cultural purposes
Activities were carried for charitable, educational scientific religious and cultural purposes. Based on available records, the foundation has funded 64 grants. Its grantmaking reaches organizations primarily in NY.
Ghatan Foundation has distributed a total of $291K across 64 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $250 to $25K.
Ghatan Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is NOVEMBER 15TH OF CURRENT YEAR. No restrictions.
Ghatan Foundation is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr Eliot Ghatan | PRESIDENT | $0 | $0 | N/A |
Total Giving
$117K
Total Assets
$591K
Fair Market Value
$600K
Net Worth
$591K
Grants Paid
$117K
Contributions
$54K
Net Investment Income
$81K
Distribution Amount
$16K
Total: N/A
Total Grants
64
Total Giving
$291K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
31
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Toras ChesedGENERAL | Brooklyn, NY | $1K | 2022 |
| MiscGENERAL | Brooklyn, NY | $25K | 2023 |
| Midrash ShalomGENERAL | Brooklyn, NY | $14K | 2023 |
| Kmal SouthGENERAL | Brooklyn, NY | $10K | 2023 |
| Orach Chaim CongregationGENERAL | Brooklyn, NY | $9K | 2023 |
| Yeshiva Torah OreGENERALGENERAL | Brooklyn, NY | $9K | 2023 |
| Yad EliezerGENERAL | Brooklyn, NY | $8K | 2023 |
| IcmudGENERALGENERAL | Brooklyn, NY | $8K | 2023 |
| Yeshiva BrooklynGENERAL | Brooklyn, NY | $6K | 2023 |
| Agudath IsraelGENERAL | Brooklyn, NY | $5K | 2023 |
| Matns MichaelGENERAL | Brooklyn, NY | $5K | 2023 |
| ShabbatGENERAL | Brooklyn, NY | $5K | 2023 |
| Persian Congregation Of FlatbushGENERAL | Brooklyn, NY | $3K | 2023 |
| Yeshiva TiferesGENERAL | Brooklyn, NY | $3K | 2023 |
| Last Chance For The DesperateGENERALGENERAL | Brooklyn, NY | $2K | 2023 |
| Torat AvrahmGENERAL | Brooklyn, NY | $1K | 2023 |
| Az YasmirGENERAL | Brooklyn, NY | $1K | 2023 |
| Congreg KerenGENERAL | Brooklyn, NY | $1K | 2023 |
| Yeshiva RahamiGENERALGENERALGENERAL | Brooklyn, NY | $750 | 2023 |
| Yeshiva RaphaelGENERAL | Brooklyn, NY | $600 | 2023 |
| Congreg Ohel TorahGENERAL | Brooklyn, NY | $500 | 2023 |
| Rachem NaGENERAL | Brooklyn, NY | $485 | 2023 |
| Daily GivingGENERAL | Brooklyn, NY | $384 | 2023 |
| Aesmel ShabbatGENERAL | Brooklyn, NY | $5K | 2022 |
| Charidy AgudathGENERAL | Brooklyn, NY | $1K | 2022 |
| Bonei OlamGENERAL | Brooklyn, NY | $1K | 2022 |