Overview

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Closed

This organization closed in 2020. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Latest Fiscal Year

Not available

Organization Type

Grantmaker

990s

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2020
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2019
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2018
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AI Summary

The Jerome & Lorraine Aresty Charitable Foundation is a 501(c)3 organization that focuses on grantmaking through a relationship-based approach, making grants by invitation only and not accepting unsolicited proposals. Nonprofits interested in engagement can explore warm-introduction pathways via Impala's Funder Prospecting. In 2020, the foundation paid out a total of $33.7 million across 75 grantees.

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Cause Areas

1
Foundations
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Giving Insights

Total Funding Given
$33.7M
2020
Grantees funded
2020
N/A
Multi-year grantees (all time)
52%
Funding by Year

Top Grantees

2020
Grantee
Total Funding
Funding Share
THE KUSTEL FUND C/O ALFRED DUNNER
New York, NY
$19.2M
42%
The Aresty Family Foundation
New York, NY
$19.1M
42%
THE UNIVERSITY OF SOUTH FLORIDA
TAMPA, FL
$820K
2%
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Grants Given

2020
Total No. of Grants
2
Median 1st year grant
$6K
Median 2nd year grant
$10K

Board & Team

J
James Aresty
Board Member
K
Karen Kustel
Board Member
M
Morey Goldberg
Board Member
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  • 75 grantees
  • 4 board & team members
  • 7 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

Can I submit an unsolicited grant proposal to JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION?
No. JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Where does JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION give?
JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION primarily gives to organizations located in New York, California, and Florida. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION’s grants?
The largest share of grants from JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION fall in the above $10 million range. The median first-year grant is about $6,000. More detailed grant size data is available to registered users.
How many grants does JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION make each year?
In 2020, JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION awarded about 2 grants, totaling nearly $33.7 million. More detailed grant metrics are available to registered users.
Who did JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION fund recently?
In 2020, JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION awarded grants to about 80 grantees. Recent grantees include THE KUSTEL FUND C/O ALFRED DUNNER, The Aresty Family Foundation, and THE UNIVERSITY OF SOUTH FLORIDA. More detailed information on all recent recipients is available to registered users.
How do we apply to JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION?
JEROME & LORRAINE ARESTY CHARITABLE FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.