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Ltge Family Foundation is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 2009. The principal officer is Eli Jeidel. It holds total assets of $4.2M. Annual income is reported at $1.7M. Total assets have grown from $1M in 2011 to $3.7M in 2023. 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. According to available records, Ltge Family Foundation has made 16 grants totaling $395K, with a median grant of $5K. Annual giving has decreased from $280K in 2022 to $115K in 2023. Individual grants have ranged from $2K to $82K, with an average award of $25K. The foundation has supported 7 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.
Ltge Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Ltge Family Foundation has distributed a total of $395K across 16 grants. The median grant size is $5K, with an average of $25K. Individual grants have ranged from $2K to $82K.
Ltge Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ltge Family Foundation is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eli Jeidel | Trustee | $0 | $0 | N/A |
| Gabriel Jeidel | Trustee | $0 | $0 | N/A |
Total Giving
$155K
Total Assets
$3.7M
Fair Market Value
$3.5M
Net Worth
$3.7M
Grants Paid
$115K
Contributions
$474K
Net Investment Income
$107K
Distribution Amount
$151K
Total Grants
16
Total Giving
$395K
Average Grant
$25K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kollel Shabbos KodeshCHARITIES | Brooklyn, NY | $61K | 2023 |
| Various CharitiesCHARITIES | Brooklyn, NY | $45K | 2023 |
| Yeshiva Heichal YitzchakCHARITIES | Lakewood, NJ | $5K | 2023 |
| Congregation Torah UtefillahCHARITIES | Brooklyn, NY | $4K | 2023 |
| Yeshiva Gedolah Of CliffwoodCHARITIES | Lakewood, NJ | $4K | 2022 |
| Cong Khal Chasdei ChernobylCHARITIES | Lawrence, NY | $4K | 2022 |
| Kollel Tiferes ShimonCHARITIES | Brooklyn, NY | $2K | 2022 |