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Also known as: FOUNDATION
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Elisa And Howard Mermelstein Foundation is a private trust based in FLUSHING, NY. The foundation received its IRS ruling in 2007. The principal officer is Howard Mermelstein. It holds total assets of $3M. Annual income is reported at $486K. Total assets have grown from $546K in 2010 to $2.7M in 2022. The foundation is governed by 2 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 2017 to 2023. According to available records, Elisa And Howard Mermelstein Foundation has made 3 grants totaling $239K, with a median grant of $74K. Annual giving has decreased from $148K in 2022 to $92K in 2023. Individual grants have ranged from $74K to $92K, with an average award of $80K. 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.
Elisa And Howard Mermelstein Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY.
Elisa And Howard Mermelstein Foundation has distributed a total of $239K across 3 grants. The median grant size is $74K, with an average of $80K. Individual grants have ranged from $74K to $92K.
Elisa And Howard Mermelstein Foundation typically selects its grantees rather than accepting unsolicited proposals.
Elisa And Howard Mermelstein Foundation is headquartered in FLUSHING, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Howard Mermelstein | TRUSTEE | $0 | $0 | N/A |
| Elisa Mermelstein | TRUSTEE | $0 | $0 | N/A |
Total Giving
$244K
Total Assets
$2.7M
Fair Market Value
$3.5M
Net Worth
$2.7M
Grants Paid
$92K
Contributions
$152K
Net Investment Income
$644K
Distribution Amount
N/A
Total Grants
3
Total Giving
$239K
Average Grant
$80K
Median Grant
$74K
Unique Recipients
1
Most Common Grant
$74K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Details Of Contributions To Charitable Organizations Available Upon RequestTO PROMOTE ACTIVITIES OF THE RELIGIOUS ORGANIZATIONS | Flushing, NY | $92K | 2023 |