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Form 990-PFTax year 2024EIN 11-3237003

Ace Foundation Inc

A private foundation in Brooklyn, NY. Its return for tax year 2024 lists 3 grants and $20,601 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Oct 31, 2025), 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

8 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $20,601

    Grants listed
    3
    Assets, end of year
    $18,407,528

  • Tax year 2023

    $878,294

    Grants listed
    1
    Assets, end of year
    $18,471,123

  • Tax year 2022

    $1,212,759

    Grants listed
    1
    Assets, end of year
    $18,801,795

  • Tax year 2021

    $3,246,702

    Grants listed
    1
    Assets, end of year
    $19,677,004

  • Tax year 2020

    $2,942,645

    Grants listed
    1
    Assets, end of year
    $21,096,740

  • Tax year 2019

    $4,694,180

    Grants listed
    1
    Assets, end of year
    $23,732,874

  • Tax year 2018

    $3,317,513

    Grants listed
    1
    Assets, end of year
    $22,468,789

  • Tax year 2017

    $1,024,938

    Grants listed
    1
    Assets, end of year
    $24,987,955

Grants paid in 2024

3 grants, largest first

As listed on the return.

  1. Meor HatorahBrooklyn, NY

    General Operating Budget

    $20,000
  2. Monroe Benevolent SocietyBoca Raton, FL

    General Operating Budget

    $500
  3. ToiremBrooklyn, NY

    General Operating Budget

    $101

Where the money goes

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

  1. Religion2 grants $20,101100% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York2 grants $20,101
  2. Florida1 grant $500

Officers, directors and trustees

2 people as filed

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

  • Aaron ElbogenPresident Hours 1Pay $0
  • Chaya ElbogenVice Pres. Hours 1Pay $0

The return

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