The Currency Foundation Inc
Accepts applications
The Currency Foundation Inc is a private foundation in Brooklyn, New York. In tax year 2023 it gave $97,747 in 4 grants; the typical grant was $17,090 and the largest $58,566. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$97,747
- Number of grants4
- Typical grant$17,090
- Largest grant$58,566
- Assets$255,530
- New grantees50%
Giving in 2023 was down from $191,890 the year before.
50% of its 2023 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $191,890 | 5 | $353,353 |
| 2023 | $97,747 | 4 | $255,530 |
How to apply
| Contact | Murad Jajati 2399 East 4th Street, Brooklyn, NY 11223 |
|---|---|
| Phone or email | (917) 915-3029, marcjajati@gmail.com |
| What to submit | Grant applications are required to be submitted in writing. We require the application to include the specific percentage of the grant money that will go towards the actual charitable cause. |
What The Currency Foundation Inc funds
Where it gives
All of its grants went to recipients in New York.
| State | Grants | Amount |
|---|---|---|
| New York | 4 | $97,747 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| Shaare Zion | Donation to a local synagogue in brooklyn, ny. | $58,566 |
| Donations to Qualified Organization | Donations made to multiple synagogues in new york that are all qualified organizations. | $23,181 |
| Individual | $11,000 | |
| Individual | $5,000 |
Officers and trustees
- Murad Jajati
- Maya Ballah
- Khalil Jajati
Questions people ask
Does The Currency Foundation Inc accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does The Currency Foundation Inc give?
$97,747 in tax year 2023, across 4 grants, with a typical grant of $17,090.
Who runs The Currency Foundation Inc?
Its 2023 filing lists Murad Jajati (President & CEO), Maya Ballah (Treasurer) and Khalil Jajati (Vice President).
What does The Currency Foundation Inc fund?
Based on its grants, mainly faith communities.