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Also known as: FOUNDATION INC
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Douglas And Susan Present Family Foundation Inc. is a private corporation based in SUMMIT, NJ. The foundation received its IRS ruling in 2009. The principal officer is Douglas Present. It holds total assets of $7.7M. Annual income is reported at $4.4M. Total assets have grown from $865K in 2011 to $6.9M in 2023. The foundation is governed by 3 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 2020 to 2023. The foundation primarily funds organizations in New Jersey and New York. According to available records, Douglas And Susan Present Family Foundation Inc. has made 70 grants totaling $1.1M, with a median grant of $1K. Annual giving has decreased from $752K in 2021 to $367K in 2022. Individual grants have ranged from N/A to $458K, with an average award of $16K. The foundation has supported 52 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Pennsylvania, which account for 69% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$103
Median Grant
$2K
Average Grant
$21K
Largest Grant
$350K
Based on 34 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.
Douglas And Susan Present Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 70 grants. Its grantmaking reaches organizations primarily in NY, NJ, PA.
Douglas And Susan Present Family Foundation Inc. has distributed a total of $1.1M across 70 grants. The median grant size is $1K, with an average of $16K. Individual grants have ranged from N/A to $458K.
Douglas And Susan Present Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Douglas And Susan Present Family Foundation Inc. is headquartered in SUMMIT, NJ. While based in NJ, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephanie Podolak | TRUSTEE | $0 | $0 | N/A |
| Douglas Present | PRES/TRUSTEE | $0 | $0 | N/A |
| Susan Present | TRES/SEC/TTEE | $0 | $0 | N/A |
Total Giving
$385K
Total Assets
$6.9M
Fair Market Value
$7.5M
Net Worth
$6.9M
Grants Paid
$311K
Contributions
$503K
Net Investment Income
$594K
Distribution Amount
$350K
Total: $6.5M
Total Grants
70
Total Giving
$1.1M
Average Grant
$16K
Median Grant
$1K
Unique Recipients
52
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dikaia Foundation IncUNRESTRICTED | Syracuse, NY | $1K | 2022 |
| Syracuse UniversityUNRESTRICTED | Syracuse, NY | $100K | 2022 |
| Trustees Of The University Of PennsylvaniaUNRESTRICTED | Philadelphia, PA | $75K | 2022 |
| Northwestern UniversityUNRESTRICTED | Evanston, IL | $50K | 2022 |
| Project MorryUNRESTRICTED | Port Chester, NY | $50K | 2022 |
| Jewish Federation Of Greater Metrowest NjUNRESTRICTED | Whippany, NJ | $19K | 2022 |
| Community Food Bank Of New Jersey IncUNRESTRICTED | Hillside, NJ | $17K | 2022 |
| New Jersey Seeds IncUNRESTRICTED | Newark, NJ | $10K | 2022 |
| Mount Sinai Health SystemUNRESTRICTED | New York, NY | $10K | 2022 |
| Overlook FoundationUNRESTRICTED | Summit, NJ | $5K | 2022 |
| Rainier ScholarsUNRESTRICTED | Seattle, WA | $5K | 2022 |
| Impact 100 Palm Beach County IncUNRESTRICTED | Boca Raton, FL | $2K | 2022 |
| Boston ScoresUNRESTRICTED | Jamaica Plain, MA | $2K | 2022 |
| Jewish Women'S FoundationUNRESTRICTED | Whippany, NJ | $2K | 2022 |
| Youth IncUNRESTRICTED | New York, NY | $2K | 2022 |
| Temple Sharey TefiloUNRESTRICTED | South Orange, NJ | $2K | 2022 |
| Sweet Dream MakersUNRESTRICTED | Boca Raton, FL | $1K | 2022 |
| Birthright Israel FoundationUNRESTRICTED | New York, NY | $1K | 2022 |
| American Jewish Joint Distribution Committee IncUNRESTRICTED | New York, NY | $1K | 2022 |
| Greater Newark Conservancy IncUNRESTRICTED | Newark, NJ | $1K | 2022 |
| Other Fellow First FoundationUNRESTRICTED | Summit, NJ | $1K | 2022 |
| Pingry SchoolUNRESTRICTED | Basking Ridge, NJ | $1K | 2022 |
| The Rashi SchoolUNRESTRICTED | Dedham, MA | $1K | 2022 |
| Zero Prostate CancerUNRESTRICTED | Alexandria, VA | $1K | 2022 |
| Horizons Newark IncUNRESTRICTED | Summit, NJ | $523 | 2022 |
| Pan-Massachusetts Challenge TrustUNRESTRICTED | Needham, MA | $513 | 2022 |
| Summit Volunteer First Aid Squad IncUNRESTRICTED | Summit, NJ | $500 | 2022 |
| American Cancer Society IncUNRESTRICTED | Kennesaw, GA | $500 | 2022 |
| Interfaith Food Pantry Of The Oranges IncUNRESTRICTED | Short Hills, NJ | $500 | 2022 |
| Friends Of The Israel Defense ForcesUNRESTRICTED | New York, NY | $500 | 2022 |
| Temple SinaiUNRESTRICTED | Summit, NJ | $500 | 2022 |
| Androscoggin Alumni Association IncUNRESTRICTED | Harrison, NY | $500 | 2022 |
| Bridges Outreach IncUNRESTRICTED | Summit, NJ | $500 | 2022 |
| Visual Arts Center Of New JerseyUNRESTRICTED | Summit, NJ | $500 | 2022 |
| Archives Of American ArtUNRESTRICTED | Washington, DC | $500 | 2022 |
| Mrcc Foundation IncUNRESTRICTED | West Caldwell, NJ | $500 | 2022 |
| Montclair Art MuseumUNRESTRICTED | Montclair, NJ | $275 | 2022 |
| Familial Dysautonomia Foundation IncUNRESTRICTED | New York, NY | $187 | 2022 |
| Community Foundation Of New JerseyUNRESTRICTED | Morristown, NJ | $25K | 2021 |
| Combined Jewish Philanthropies Of Greater Boston IncUNRESTRICTED | Boston, MA | $10K | 2021 |
| Mary'S Place SeattleUNRESTRICTED | Seattle, WA | $10K | 2021 |
| Mount Sinai Medical Center IncUNRESTRICTED | New York, NY | $10K | 2021 |
| Gann Academy The New Jewish High School Of Greater Boston IncUNRESTRICTED | Waltham, MA | $10K | 2021 |