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Frances And Abraham Reichman Charitable Trust is a private corporation based in GREAT NECK, NY. The foundation received its IRS ruling in 2015. The principal officer is Elaine Katz Cpa. It holds total assets of $1.2M. Annual income is reported at $179K. Total assets have decreased from $2.4M in 2015 to $1.5M in 2023. The foundation is governed by 1 officer or trustee. 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. Grantmaking is concentrated in New York. According to available records, Frances And Abraham Reichman Charitable Trust has made 61 grants totaling $1.2M, with a median grant of $20K. The foundation has distributed between $289K and $307K annually from 2020 to 2023. Individual grants have ranged from $2K to $40K, with an average award of $19K. The foundation has supported 21 unique organizations. Grants have been distributed to organizations in New York and California and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$20K
Average Grant
$18K
Largest Grant
$35K
Based on 16 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.
Frances And Abraham Reichman Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in NY, CA, NJ.
Frances And Abraham Reichman Charitable Trust has distributed a total of $1.2M across 61 grants. The median grant size is $20K, with an average of $19K. Individual grants have ranged from $2K to $40K.
Frances And Abraham Reichman Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Frances And Abraham Reichman Charitable Trust is headquartered in GREAT NECK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joel A Poretsky | TRUSTEE | $15K | $0 | $15K |
Total Giving
$333K
Total Assets
$1.5M
Fair Market Value
$2.7M
Net Worth
$1.5M
Grants Paid
$307K
Contributions
N/A
Net Investment Income
$158K
Distribution Amount
$129K
Total: $1.1M
Total Grants
61
Total Giving
$1.2M
Average Grant
$19K
Median Grant
$20K
Unique Recipients
21
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shadow Artists IncGENERAL PURPOSES | Ellenville, NY | $40K | 2023 |
| Damon Runyon Cancer Research FoundationGENERAL PURPOSES | New York, NY | $35K | 2023 |
| ThirteenwnetGENERAL PURPOSES | New York, NY | $30K | 2023 |
| Qsac IncGENERAL PURPOSES | New York, NY | $30K | 2023 |
| Jewish Theological SeminaryGENERAL PURPOSES | New York, NY | $25K | 2023 |
| Arthritis National Research FoundationGENERAL PURPOSES | Long Beach, CA | $25K | 2023 |
| American Friends Of The Hebrew UniversityGENERAL PURPOSES | New York, NY | $25K | 2023 |
| Diabetes Research Institute FoundationGENERAL PURPOSES | New York, NY | $25K | 2023 |
| Fisher Center For Alzheimer'S Research FoundationGENERAL PURPOSES | New York, NY | $25K | 2023 |
| Beth Medrosh F MonseyGENERAL PURPOSES | Monsey, NY | $15K | 2023 |
| Fresh Air FundGENERAL PURPOSES | New York, NY | $13K | 2023 |
| Holocaust Memorial & Tolerance CenterGENERAL PURPOSES | Glen Cove, NY | $10K | 2023 |
| Kiwanis Of Parkway EastGENERAL PURPOSES | Staten Island, NY | $9K | 2023 |
| Birthright Israel FoundationGENERAL PURPOSES | Hicksville, NY | $10K | 2022 |
| Uja Federation Of New YorkGENERAL PURPOSES | New York, NY | $8K | 2022 |
| The New Jewish HomeGENERAL PURPOSES | New York, NY | $4K | 2022 |