Also known as: CO J TEPLER & COMPANY INC
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Joel & Fay Foundation is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 2003. The principal officer is J Tepler & Company Inc.. It holds total assets of $6.3M. Annual income is reported at $530K. Total assets have grown from $841K in 2010 to $6.1M in 2022. The foundation is governed by 2 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 2016 to 2023. The foundation primarily funds organizations in New York and New Jersey. According to available records, Joel & Fay Foundation has made 21 grants totaling $628K, with a median grant of $11K. Annual giving has grown from $268K in 2021 to $361K in 2022. Individual grants have ranged from $1K to $188K, with an average award of $30K. The foundation has supported 16 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$12K
Average Grant
$18K
Largest Grant
$62K
Based on 16 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.
Joel & Fay Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in NY.
Joel & Fay Foundation has distributed a total of $628K across 21 grants. The median grant size is $11K, with an average of $30K. Individual grants have ranged from $1K to $188K.
Joel & Fay Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joel & Fay Foundation is headquartered in BROOKLYN, NY. The foundation primarily funds organizations in New York, New Jersey.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Tepler | Trustee | $0 | $0 | N/A |
| Morris Tepler | Trustee | $0 | $0 | N/A |
Total Giving
$295K
Total Assets
$6.1M
Fair Market Value
N/A
Net Worth
$6.1M
Grants Paid
$295K
Contributions
N/A
Net Investment Income
$381K
Distribution Amount
N/A
Total: N/A
Total Grants
21
Total Giving
$628K
Average Grant
$30K
Median Grant
$11K
Unique Recipients
16
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Yeshiva Ohr YisroelCHARITABLE | Brooklyn, NY | $7K | 2022 |
| Misc Under 000 Each Co Jf FoundatioCHARITABLE | Brooklyn, NY | $188K | 2022 |
| Yeshiva Tiferes YisroelCharitable | Brooklyn, NY | $62K | 2022 |
| Masores Bais YaakovCharitable | Brooklyn, NY | $40K | 2022 |
| Jewish Heritage Center Jf FoundatioCHARITABLE | Brooklyn, NY | $31K | 2022 |
| Bais Medrash Heichal Dovidcharitable | Far Rockaway, NY | $14K | 2022 |
| Congregation Bais EfraimCHARITABLE | Brooklyn, NY | $8K | 2022 |
| Mesivta Netzach HatorahCharitable | Woodmere, NY | $8K | 2022 |
| Hatzoloh Co Jf FoundationCHARITABLE | Brooklyn, NY | $3K | 2022 |
| Misc Under 1000 Each Co Jf FoundatiCHARITABLE | Brooklyn, NY | $115K | 2021 |
| Yeshiva Darchei TorahEDUCATION | Far Rockaway, NY | $8K | 2021 |
| Yeshiva Mercaz Hatorah Of Belle HarEDUCATION | Rockaway Park, NY | $8K | 2021 |
| Kochavim At The GroveEDUCATIONAL | South Fallsburg, NY | $4K | 2021 |
| Keren Ahavas ChessedNON PROFIT | Brooklyn, NY | $3K | 2021 |
| Yad EliezerCHARITABLE | Brooklyn, NY | $2K | 2021 |
| Karlin StolinEDUCATIONAL | Brooklyn, NY | $1K | 2021 |