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Also known as: C/O DR SOL J BARER
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Barer Family Foundation Inc. is a private corporation based in MENDHAM, NJ. The foundation received its IRS ruling in 2006. The principal officer is Dr Sol J Barber. It holds total assets of $264K. Annual income is reported at $980K. Total assets have decreased from $563K in 2011 to $319K in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in New Jersey, New York and Georgia. According to available records, Barer Family Foundation Inc. has made 20 grants totaling $2M, with a median grant of $50K. Annual giving has decreased from $1M in 2020 to $410K in 2023. Individual grants have ranged from $5K to $665K, with an average award of $98K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in New York and New Jersey and Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$25K
Average Grant
$102K
Largest Grant
$665K
Based on 10 grants from the most recent 990-PF filing.
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.
Barer Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NY, NJ, GA.
Barer Family Foundation Inc. has distributed a total of $2M across 20 grants. The median grant size is $50K, with an average of $98K. Individual grants have ranged from $5K to $665K.
Barer Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Barer Family Foundation Inc. is headquartered in MENDHAM, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sol J Barer | PRESIDENT, TREASURER,TRUST | $0 | $0 | N/A |
| Joshua Barer | TRUSTEE | $0 | $0 | N/A |
| Ilyssa Maisano | TRUSTEE | $0 | $0 | N/A |
| Lori Ingber | TRUSTEE | $0 | $0 | N/A |
| Meri I Barer | SECRETARY, TRUSTEE | $0 | $0 | N/A |
| Jennifer Zairi | TRUSTEE | $0 | $0 | N/A |
Total Giving
$413K
Total Assets
$319K
Fair Market Value
$881K
Net Worth
$319K
Grants Paid
$410K
Contributions
$496K
Net Investment Income
$305K
Distribution Amount
$25K
Total Grants
20
Total Giving
$2M
Average Grant
$98K
Median Grant
$50K
Unique Recipients
13
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Friends Of RambamPUBLIC WELFARE | New York, NY | $200K | 2023 |
| Union County Torah CenterPUBLIC WELFARE | Westfield, NJ | $50K | 2023 |
| American Friends Of Israel Democracy InstitutePUBLIC WELFARE | Atlanta, GA | $50K | 2023 |
| Pef Israel Endowment Funds IncPUBLIC WELFARE | New York, NY | $50K | 2023 |
| American Friends Of Magen David AdomPUBLIC WELFARE | New York, NY | $50K | 2023 |
| Hackensack Meridian Health FoundationPUBLIC WELFARE | Edison, NJ | $10K | 2023 |
| Ahs Hospital CorpPUBLIC WELFARE | Morristown, NJ | $206K | 2022 |
| Jewish Federation Of MetrowestPUBLIC WELFARE | Whippany, NJ | $100K | 2022 |
| Family PromisePUBLIC WELFARE | Summit, NJ | $20K | 2022 |
| Rutgers University FoundationPUBLIC WELFARE | New Brunswick, NJ | $100K | 2020 |
| Overlook FoundationPUBLIC WELFARE | Summit, NJ | $75K | 2020 |
| Trickle Up Program IncPUBLIC WELFARE | New York, NY | $20K | 2020 |
| Spring Street Community DevelopmentPUBLIC WELFARE | Morristown, NJ | $5K | 2020 |