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Pearl Foundation Inc. is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2014. The principal officer is Jack Guttman. It holds total assets of $9.8M. Annual income is reported at $9M. Total assets have grown from $1.8M in 2013 to $9.8M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Grantmaking is concentrated in New York. According to available records, Pearl Foundation Inc. has made 34 grants totaling $421K, with a median grant of $7K. Annual giving has grown from $34K in 2020 to $153K in 2023. Individual grants have ranged from $1K to $52K, with an average award of $12K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in New York, California, New Jersey, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$9K
Median Grant
$18K
Average Grant
$21K
Largest Grant
$36K
Based on 5 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.
Pearl Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in NY, CA, NJ.
Pearl Foundation Inc. has distributed a total of $421K across 34 grants. The median grant size is $7K, with an average of $12K. Individual grants have ranged from $1K to $52K.
Pearl Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Pearl Foundation Inc. is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jack Guttman | TREASURER | $0 | $0 | N/A |
| Vera Guttman | VICE PRESIDENT | $0 | $0 | N/A |
| Joshua Guttman | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9.8M
Fair Market Value
N/A
Net Worth
$9.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
34
Total Giving
$421K
Average Grant
$12K
Median Grant
$7K
Unique Recipients
19
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Congregation Kehal Adas YereimCHARITY | Brooklyn, NY | $48K | 2023 |
| Bais ChunaCHARITY | Brooklyn, NY | $40K | 2023 |
| Yeshiva Ohr Elchonon ChabadCHARITY | Los Angeles, CA | $21K | 2023 |
| Chasdei Ezriel YehudaCHARITY | Brooklyn, NY | $11K | 2023 |
| Yeshiva Tiferes MosheCHARITY | Kew Gardens, NY | $6K | 2023 |
| Yeshiva Meor HachaimCHARITY | Brooklyn, NY | $6K | 2023 |
| Oholei TorahCHARITY | Brooklyn, NY | $4K | 2023 |
| New Jersey Jewish InstitutionsCHARITY | Hackettstown, NJ | $4K | 2023 |
| Gan ChameshCHARITY | Cedarhurst, NY | $4K | 2023 |
| Bnos MenachemCHARITY | Brooklyn, NY | $2K | 2023 |
| Chabad Of ScottsdaleCHARITY | Scottsdale, AZ | $2K | 2023 |
| Beis Yaakov Of QueensCHARITY | Jamaica, NY | $2K | 2023 |
| Beth RivkaCHARITY | Brooklyn, NY | $2K | 2023 |
| Cong Birchei YosefCHARITY | Linden, NJ | $1K | 2023 |
| Rachem NaCHARITY | Lakewood, NJ | $13K | 2022 |
| Rav ChesedCHARITY | Brooklyn, NY | $12K | 2022 |
| SpinkaCHARITY | Brooklyn, NY | $2K | 2022 |
| American Friends Of BiallaCHARITY | Brooklyn, NY | $36K | 2021 |
| Chabad Of GreenpointCHARITY | Brooklyn, NY | $10K | 2021 |