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Elaine And Sydney Sussmanfoundation Inc. is a private corporation based in LAWRENCEVILLE, NJ. The foundation received its IRS ruling in 2007. The principal officer is Sydney Sussman. It holds total assets of $6.1M. Annual income is reported at $667K. Total assets have grown from $4.8M in 2010 to $5.9M in 2022. 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 2016 to 2023. According to available records, Elaine And Sydney Sussmanfoundation Inc. has made 2 grants totaling $2M, with a median grant of $1M. 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.
Elaine And Sydney Sussmanfoundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NY.
Elaine And Sydney Sussmanfoundation Inc. has distributed a total of $2M across 2 grants. The median grant size is $1M, with an average of $1M. Individual grants have ranged from $1M to $1M.
Elaine And Sydney Sussmanfoundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Elaine And Sydney Sussmanfoundation Inc. is headquartered in LAWRENCEVILLE, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andrea Sussman | PRESIDENT | $0 | $0 | N/A |
| Jeffrey Sussman | VP/TREASURER | $0 | $0 | N/A |
| Joseph M Sedlack | TRUSTEE | $0 | $0 | N/A |
Total Giving
$57K
Total Assets
$5.9M
Fair Market Value
$12.2M
Net Worth
$5.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$132K
Distribution Amount
$558K
Total: $5.8M
Total Grants
2
Total Giving
$2M
Average Grant
$1M
Median Grant
$1M
Unique Recipients
1
Most Common Grant
$1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Friends Of Magen David AdomCONTRIBUTION | New York, NY | $1M | 2022 |