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Simbat Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2010. The principal officer is Jay Braunstein. It holds total assets of $17.3M. Annual income is reported at $1.1M. Total assets have grown from $12.9M in 2010 to $17.3M in 2024. The foundation is governed by 3 officers and trustees. 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 2015 to 2024. Grantmaking is concentrated in New York. According to available records, Simbat Foundation has made 19 grants totaling $2.1M, with a median grant of $50K. Annual giving has grown from $655K in 2020 to $1.5M in 2022. Individual grants have ranged from $18K to $400K, with an average award of $112K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$29K
Median Grant
$350K
Average Grant
$243K
Largest Grant
$350K
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.
Simbat Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in NY.
Simbat Foundation has distributed a total of $2.1M across 19 grants. The median grant size is $50K, with an average of $112K. Individual grants have ranged from $18K to $400K.
Simbat Foundation typically selects its grantees rather than accepting unsolicited proposals.
Simbat Foundation is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jay Braunstein | TREASURER | $0 | $0 | N/A |
| Beth Nechamkin | VICE PRESIDENT | $0 | $0 | N/A |
| Gabriel Nechamkin | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$17.3M
Fair Market Value
N/A
Net Worth
$16.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
19
Total Giving
$2.1M
Average Grant
$112K
Median Grant
$50K
Unique Recipients
10
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Uja-FederationUNRESTRICTED | New York, NY | $400K | 2022 |
| National Ramah CommissionUNRESTRICTED | New York, NY | $100K | 2022 |
| Leffell SchoolUNRESTRICTED | Hartsdale, NY | $100K | 2022 |
| The Jewish TheologicalUNRESTRICTED | New York, NY | $50K | 2022 |
| University Of RochesterUNRESTRICTED | Rochester, NY | $36K | 2022 |
| Mechon HadarUNRESTRICTED | New York, NY | $30K | 2022 |
| Jcc Of HarrisonUNRESTRICTED | Harrison, NY | $18K | 2022 |
| United Jewish AppealGENERAL OPERATING SUPPORT | Greenvale, NY | $395K | 2020 |
| The Leffell SchoolGENERAL OPERATING SUPPORT | Hartsdale, NY | $180K | 2020 |
| Jewish Community CenterGENERAL OPERATING SUPPORT | Harrison, NY | $25K | 2020 |