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Mdbc Foundation Inc. is a private corporation based in KEW GARDENS, NY. The foundation received its IRS ruling in 2019. The principal officer is Arbesfeld. It holds total assets of $10.5M. Annual income is reported at $12.4M. Total assets have grown from $2.7M in 2019 to $10.5M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2018 to 2024. Grantmaking is concentrated in New York. According to available records, Mdbc Foundation Inc. has made 104 grants totaling $759K, with a median grant of $5K. Annual giving has grown from $102K in 2020 to $490K in 2022. Individual grants have ranged from N/A to $32K, with an average award of $7K. The foundation has supported 49 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
N/A
Median Grant
$5K
Average Grant
$8K
Largest Grant
$25K
Based on 21 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.
Mdbc Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 104 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Mdbc Foundation Inc. has distributed a total of $759K across 104 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from N/A to $32K.
Mdbc Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (823625045) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Mdbc Foundation Inc. is headquartered in KEW GARDENS, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Arbesfeld | DIRECTOR | $0 | $0 | N/A |
| Pnina Arbesfeld Deceased | DIRECTOR | $0 | $0 | N/A |
| Michelle Arbesfeld Salig | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$10.5M
Fair Market Value
N/A
Net Worth
$10.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
104
Total Giving
$759K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
49
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Congregation Ohab ZedekGENERAL PURPOSE OF CHARITY | New York, NY | $32K | 2022 |
| Yeshiva UniversityGENERAL PURPOSE OF CHARITY | New York, NY | $30K | 2022 |
| Rabbi Isaac Elchanan Theological Seminary (Riets)GENERAL PURPOSE OF CHARITY | New York, NY | $25K | 2022 |
| Migdal OhrGENERAL PURPOSE OF CHARITY | New York, NY | $20K | 2022 |
| Kav L'NoarGENERAL PURPOSE OF CHARITY | Jeusalem | $18K | 2022 |
| Kew Gardens SynagogueGENERAL PURPOSE OF CHARITY | Jamaica, NY | $16K | 2022 |
| Anshei Shalom ChabadGENERAL PURPOSE OF CHARITY | Queens, NY | $15K | 2022 |
| Operation Open CurtainGENERAL PURPOSE OF CHARITY | New York, NY | $10K | 2022 |
| Shaalvim American FriendsGENERAL PURPOSE OF CHARITY | Brooklyn, NY | $10K | 2022 |
| Sderot American FriendsGENERAL PURPOSE OF CHARITY | Passaic, NJ | $10K | 2022 |
| One Israel FundGENERAL PURPOSE OF CHARITY | Cedarhurst, NY | $10K | 2022 |
| Rabinical Seminary Of AmericaGENERAL PURPOSE OF CHARITY | Flushing, NY | $6K | 2022 |
| Yad YisraelGENERAL PURPOSE OF CHARITY | Brooklyn, NY | $5K | 2022 |
| SamcheinuGENERAL PURPOSE OF CHARITY | Brooklyn, NY | $5K | 2022 |
| National Jewish Outreach ProgramGENERAL PURPOSE OF CHARITY | New York, NY | $5K | 2022 |
| Tomchei Shabbos QueensGENERAL PURPOSE OF CHARITY | Kew Gardens, NY | $5K | 2022 |
| Yeshiva Central QueensGENERAL PURPOSE OF CHARITY | Queens, NY | $5K | 2022 |
| Central Fund Of IsraelGENERAL PURPOSE OF CHARITY | Cedarhurst, NY | $5K | 2022 |
| K'Hal Adas YereimGENERAL PURPOSE OF CHARITY | Jamaica, NY | $3K | 2022 |
| Yeshiva Keser TorahGENERAL PURPOSE OF CHARITY | Kew Gardens Hills, NY | $2K | 2022 |
| Itamar A FGENERAL PURPOSE OF CHARITY | Brooklyn, NY | $2K | 2022 |
| Jewish Center Of QueensGENERAL PURPOSE OF CHARITY | Forest Hills, NY | $1K | 2022 |
| Mesifta Tiferet TorahGENERAL PURPOSE OF CHARITY | Kew Gardens, NY | $1K | 2022 |
| Hatzolah Of QueensGENERAL PURPOSE OF CHARITY | Flushing, NY | $1K | 2022 |
| Jewish Year AbroadGENERAL PURPOSE OF CHARITY | Teaneck, NJ | $720 | 2022 |