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Prime Foundation is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2001. The principal officer is Elias Bochner & Surrey Bochner. It holds total assets of $1.4M. Annual income is reported at $196K. Total assets have grown from $654K in 2011 to $1.4M in 2024. The foundation is governed by 2 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 2016 to 2024. Grantmaking is concentrated in New York. According to available records, Prime Foundation has made 17 grants totaling $538K, with a median grant of $10K. Annual giving has decreased from $70K in 2020 to $38K in 2023. Grantmaking activity was highest in 2021 with $318K distributed across 3 grants. Individual grants have ranged from $1K to $150K, with an average award of $32K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$119K
Average Grant
$106K
Largest Grant
$150K
Based on 3 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.
Prime Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in NY.
Prime Foundation has distributed a total of $538K across 17 grants. The median grant size is $10K, with an average of $32K. Individual grants have ranged from $1K to $150K.
Prime Foundation typically selects its grantees rather than accepting unsolicited proposals.
Prime Foundation is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elias Bochner | President | $0 | $0 | N/A |
| Surrey Bochner | Vice President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.4M
Fair Market Value
N/A
Net Worth
$1.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
17
Total Giving
$538K
Average Grant
$32K
Median Grant
$10K
Unique Recipients
13
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ahavas ChesedCHARITABLE | Brooklyn, NY | $40K | 2020 |
| Congregation Bais HachinuchCHARITABLE | Spring Valley, NY | $25K | 2023 |
| Cong Gemach Avrohom ShimonCHARITABLE | Brooklyn, NY | $5K | 2023 |
| Bnos ZionCHARITABLE | Brooklyn, NY | $3K | 2023 |
| Ichud Mosdos GurCHARITABLE | Brooklyn, NY | $3K | 2023 |
| Mesores Bais YaakovCHARITABLE | Brooklyn, NY | $3K | 2023 |
| Keren ChasanimCHARITABLE | Brooklyn, NY | $50K | 2022 |
| Congregation Shaarei Zion Of BobovCHARITABLE | Brooklyn, NY | $6K | 2022 |
| Zichron ShloimaCHARITABLE | Brooklyn, NY | $150K | 2021 |
| Yad Lachmo AnyoCHARITABLE | Brooklyn, NY | $119K | 2021 |
| VariousCHARITABLE | Brooklyn, NY | $50K | 2021 |
| Cong Birchas AvrohomCHARITABLE | Brooklyn, NY | $10K | 2020 |
| Keren Ohr ChaimCHARITABLE | Brooklyn, NY | $1K | 2020 |