Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Sephardic Home for the Aged Foundation, based in New York, is a philanthropic organization focused on supporting older adults through human services, shelter, and residential care, including nursing homes and housing for older adults. With assets totaling over $67 million, the foundation operates with annual expenses of approximately $6.2 million and revenue of about $1.6 million. It funds initiatives across numerous cities and states in the U.S., including major urban centers like New York, Los Angeles, and Chicago. The foundation's leadership includes Michael Lopez as Chair, Joe Halio as President, and Joshua Hoffman as Executive Director, who is the only compensated member of the board with an annual salary of $359,047. The foundation's board members, who serve without compensation, dedicate a few hours monthly to their roles.
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Financials
+2.6% from previous year
81 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $714,000 | ASSOCIATION OF JEWISH AGING SERVICE | GRANT | Rockville, MD, US | 2022 |
| $490,000 | JEWISH AGENCY FOR ISRAEL - NORTH AMERICAN COUNCIL | GRANT | New york, NY, US | 2023 |
| $475,000 | THE JEWISH AGENCY FOR ISRAEL NORTH | GRANT | New york, NY, US | 2022 |
| $332,500 | PEF ISRAEL ENDOWMENT FUNDS INC | GRANT | New york, NY, US | 2024 |
| $296,000 | STRUGGLE TO SAVE ETHIOPIAN JEWRY INC | GRANT | New york, NY, US | 2024 |
| $295,000 | JEWISH AGENCY FOR ISRAEL NORTH AMERICAN COUNCIL | GRANT | New york, NY, US | 2024 |
| $292,000 | STRUGGLE TO SAVE ETHIOPIAN JEWRY INC | GRANT | New york, NY, US | 2023 |
| $250,000 | FJC | GRANT | New york, NY, US | 2023 |
| $250,000 | FRIENDS OF THE ISRAEL DEFENSE FORCES (FIDF) | GRANT | New york, NY, US | 2024 |
| $250,000 | FJC | GRANT | New york, NY, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
JH
JOSHUA HOFFMAN
| EXECUTIVE DIRECTOR | $359,047 | 2024 |
ML
MICHAEL LOPEZ
| CHAIR | $0 | 2024 |
JH
JOE HALIO
| PRESIDENT | $0 | 2024 |
NC
NEIL CRESPI
| TREASURER | $0 | 2024 |
JK
JAMES KHANI
| SECRETARY | $0 | 2024 |
MICHAEL LOPEZ
CHAIR
JOE HALIO
PRESIDENT
NEIL CRESPI
TREASURER
JAMES KHANI
SECRETARY
LAURIE KAHMI
DIRECTOR
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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