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Masel 18 Foundation is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 2019. It holds total assets of $72K. Annual income is reported at $74K. Total assets have decreased from $266K in 2019 to $102K in 2023. The foundation is governed by 1 officer or trustee. 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 2018 to 2023. Grantmaking is concentrated in New York. According to available records, Masel 18 Foundation has made 56 grants totaling $452K, with a median grant of $360. Annual giving has grown from $35K in 2020 to $141K in 2022. Grantmaking activity was highest in 2021 with $276K distributed across 32 grants. Individual grants have ranged from N/A to $99K, with an average award of $8K. The foundation has supported 30 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$480
Average Grant
$9K
Largest Grant
$99K
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.
Masel 18 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 56 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Masel 18 Foundation has distributed a total of $452K across 56 grants. The median grant size is $360, with an average of $8K. Individual grants have ranged from N/A to $99K.
Masel 18 Foundation typically selects its grantees rather than accepting unsolicited proposals.
Masel 18 Foundation is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Seymour Bernstein | TRUSTEE | $0 | $0 | N/A |
Total Giving
$146K
Total Assets
$102K
Fair Market Value
$102K
Net Worth
$102K
Grants Paid
$144K
Contributions
$98K
Net Investment Income
N/A
Distribution Amount
$6K
Total Grants
56
Total Giving
$452K
Average Grant
$8K
Median Grant
$360
Unique Recipients
30
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tzeduka Ahava V'ChesedGENERAL SUPPORT | Brooklyn, NY | $60K | 2022 |
| Congregation Yetev Lev S 8GENERAL SUPPORT | Brooklyn, NY | $42K | 2022 |
| Khal Anshei AmunahGENERAL SUPPORT | Highland Mills, NY | $26K | 2022 |
| Toras MosheGENERAL SUPPORT | Brooklyn, NY | $11K | 2022 |
| Mosdos NitraGENERAL SUPPORT | Brooklyn, NY | $2K | 2022 |
| Yetev LevGENERAL SUPPORT | Brooklyn, NY | $150 | 2022 |
| Congrergation Yl South 8General Support | Brooklyn, NY | $99K | 2021 |
| Cong Yetev Lev S 8General Support | Brooklyn, NY | $25K | 2021 |
| Keren GershonGeneral Support | Brooklyn, NY | $3K | 2021 |
| Cong Bnai MosheGeneral Support | Brooklyn, NY | $1K | 2021 |
| Cong Ohr Pnei YehoshuaGeneral Support | Brooklyn, NY | $800 | 2021 |
| Keren EluzerGeneral Support | Brooklyn, NY | $650 | 2021 |
| Ohr Olam KalevGeneral Support | Brooklyn, NY | $360 | 2021 |
| UtaGeneral Support | Brooklyn, NY | $325 | 2021 |
| Mateh EfraimGeneral Support | Brooklyn, NY | $300 | 2021 |
| Kollel Shomre HachomosGeneral Support | Brooklyn, NY | $200 | 2021 |
| RccsGeneral Support | Brooklyn, NY | $180 | 2021 |
| Keren VezerGeneral Support | Brooklyn, NY | $100 | 2021 |
| Mesivta Tifereth ShmielGeneral Support | Brooklyn, NY | $100 | 2021 |
| Cong Yl S 8th StGeneral Support | Brooklyn, NY | $14K | 2020 |
| Chasudim TovimGeneral Support | Brooklyn, NY | $2K | 2020 |
| Mosdos ShopronGeneral Support | Brooklyn, NY | $760 | 2020 |
| Ohr ChodoshGeneral Support | Brooklyn, NY | $300 | 2020 |
| Gemach Zichron YeshieGeneral Support | Lakewood, NJ | $300 | 2020 |
| Yeshiva Tifereth Shmuel AleksanderGeneral Support | Brooklyn, NY | $200 | 2020 |
| Kollel Shomrei HachomosGeneral Support | Brooklyn, NY | $180 | 2020 |