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Also known as: FOUNDATION
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Abraham & Beverly Sommer Foundation is a private corporation based in STATEN ISLAND, NY. The foundation received its IRS ruling in 1978. The principal officer is Shustek & Stella Pc. It holds total assets of $5.3M. Annual income is reported at $1.5M. Total assets have grown from $3.3M in 2011 to $5.3M in 2024. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. According to available records, Abraham & Beverly Sommer Foundation has made 4 grants totaling $1.2M, with a median grant of $323K. Annual giving has grown from $177K in 2021 to $371K in 2023. Grantmaking activity was highest in 2022 with $646K distributed across 2 grants. Individual grants have ranged from $177K to $371K, with an average award of $299K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Abraham & Beverly Sommer Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Abraham & Beverly Sommer Foundation has distributed a total of $1.2M across 4 grants. The median grant size is $323K, with an average of $299K. Individual grants have ranged from $177K to $371K.
Abraham & Beverly Sommer Foundation typically selects its grantees rather than accepting unsolicited proposals.
Abraham & Beverly Sommer Foundation is headquartered in STATEN ISLAND, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Beverly Sommer | President | $0 | $0 | N/A |
| Amy Sommer | SEC / TREAS | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$5.3M
Fair Market Value
N/A
Net Worth
$5.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$1.2M
Average Grant
$299K
Median Grant
$323K
Unique Recipients
1
Most Common Grant
$323K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleVARIOUS | New York, NY | $371K | 2023 |