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Ma Asim Tovim Foundation Inc. is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 1998. The principal officer is % Mandel & Berkowitz. It holds total assets of $2.3M. Annual income is reported at $2.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ma Asim Tovim Foundation Inc. has made 4 grants totaling $3.2M, with a median grant of $683K. Annual giving has grown from $982K in 2020 to $1.5M in 2022. Individual grants have ranged from $384K to $1.5M, with an average award of $810K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Ma Asim Tovim Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Ma Asim Tovim Foundation Inc. has distributed a total of $3.2M across 4 grants. The median grant size is $683K, with an average of $810K. Individual grants have ranged from $384K to $1.5M.
Ma Asim Tovim Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ma Asim Tovim Foundation Inc. is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| A Berkowitz | Trustee | $0 | $0 | $0 |
| H Berkowitz | Trustee | $0 | $0 | $0 |
| M Berkowitz | Trustee | $0 | $0 | $0 |
| S Silberstein | Trustee | $0 | $0 | $0 |
Total Giving
$1.9M
Total Assets
$1.6M
Fair Market Value
$1.6M
Net Worth
$1.6M
Grants Paid
$1.8M
Contributions
$404K
Net Investment Income
$226K
Distribution Amount
$67K
Total Grants
4
Total Giving
$3.2M
Average Grant
$810K
Median Grant
$683K
Unique Recipients
1
Most Common Grant
$384K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various - See AttachedDONATION | Brooklyn, NY | $1.5M | 2022 |
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