Comprehensive foundation profile based on the most recent IRS Form 990 filing
Ace Foundation Inc, located in Brooklyn, NY, is a foundation with assets totaling $18,801,795. The foundation's expenses amount to $1,225,437, while its revenue is $346,228. Ace Foundation focuses on funding initiatives in education, particularly in elementary, secondary, graduate, and professional education, as well as religious studies, with an emphasis on Judaism and theology. The foundation primarily funds projects within Brooklyn, NY. The leadership team includes Aaron Elbogen as President and Chaya Elbogen as Vice President, both of whom work voluntarily without compensation.
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Financials
+2.6% from previous year
1 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $1,212,759 | Statement 7 | General Operating Budget | Brooklyn, NY, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
AE
Aaron Elbogen
| President | $0 | 2024 |
CE
Chaya Elbogen
| Vice Pres. | $0 | 2024 |
Aaron Elbogen
President
Chaya Elbogen
Vice Pres.
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025