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Form 990-PFTax year 2020EIN 06-1725894

Jerome & Lorraine Aresty Charitable Foundation

A private foundation in New York, NY. Its return for tax year 2020 lists 2 grants and $33.7 million paid in grants.

Tax year 2020 (period ending Dec 31, 2020), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

3 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2020

    $33,660,744

    Grants listed
    2
    Assets, end of year
    $0
  • Tax year 2019

    $4,605,818

    Grants listed
    2
    Assets, end of year
    $29,024,391
  • Tax year 2018

    $1,850,000

    Grants listed
    63
    Assets, end of year
    $31,281,446

Grants paid in 2020

2 grants, largest first

As listed on the return.

  1. The Kustel FundNew York, NY

    TO TRANSFER ASSETS TO The Kustel Fund

    $16,855,599
  2. The Aresty Family FoundationNew York, NY

    TO TRANSFER ASSETS to The Aresty Family Foundation

    $16,805,145

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking2 grants $33,660,744100% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York2 grants $33,660,744

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • James ArestyPresident Hours 3Pay $0
  • Karen KustelSecretary Hours 3Pay $0
  • Morey GoldbergDIRECTOR Hours 3Pay $0

The return

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