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Tov Academy Foundation is a private corporation based in OVERLAND PARK, KS. The foundation received its IRS ruling in 2015. The principal officer is Ephraim Piekarski. It holds total assets of $869K. Annual income is reported at $330K. Total assets have grown from $516K in 2014 to $855K in 2023. The foundation is governed by 2 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 2016 to 2023. Funding is distributed across 4 states, including New York, Florida, Illinois. According to available records, Tov Academy Foundation has made 20 grants totaling $169K, with a median grant of $5K. Annual giving has grown from $38K in 2020 to $131K in 2022. Individual grants have ranged from $250 to $31K, with an average award of $8K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Illinois, New York, Maryland, which account for 85% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$6K
Largest Grant
$26K
Based on 6 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.
Tov Academy Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in IL, NY, MD.
Tov Academy Foundation has distributed a total of $169K across 20 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $250 to $31K.
Tov Academy Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tov Academy Foundation is headquartered in OVERLAND PARK, KS. While based in KS, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ephraim Piekarski | PRESIDENT | $0 | $0 | N/A |
| Chana Piekarski | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$69K
Total Assets
$855K
Fair Market Value
$1.4M
Net Worth
$855K
Grants Paid
$64K
Contributions
N/A
Net Investment Income
$28K
Distribution Amount
$63K
Total: $839K
Total Grants
20
Total Giving
$169K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jewish Heritgage InstituteGENERAL OPERATING | Deerfield, IL | $31K | 2022 |
| Yeshivas Lubavitch Of BaltimoreGENERAL OPERATING | Baltimore, MD | $13K | 2022 |
| Tomechei Tmimim NyackGENERAL OPERATING | Nyack, NY | $9K | 2022 |
| Chabad Of Deerfield BeachGENERAL OPERATING | Deerfield Beach, FL | $5K | 2022 |
| Oholei TorahGENERAL OPERATING | Brooklyn, NY | $4K | 2022 |
| Yeshivah Crown HeightsGENERAL OPERATING | Brooklyn, NY | $2K | 2022 |
| Heichel MenachemGENERAL OPERATING | Brooklyn, NY | $1K | 2022 |
| Jewish Heritage InstituteGENERAL OPERATING | Deerfield, IL | $26K | 2020 |
| Hanochos BlahakGENERAL OPERATING | Brooklyn, NY | $3K | 2020 |
| Bais Levi YitzchokGENERAL OPERATING | Brooklyn, NY | $1K | 2020 |
| Gorin SystemsGENERAL OPERATING | Brooklyn, NY | $250 | 2020 |