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Also known as: FOUNDATION U/A/DTD 12/12/94
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Herbert And Lorraine Podell Foundation is a private trust based in PALM BEACH, FL. The foundation received its IRS ruling in 1995. The principal officer is The Organization. It holds total assets of $29K. Annual income is reported at $46K. Total assets have decreased from $228K in 2010 to $24K 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 Florida. According to available records, Herbert And Lorraine Podell Foundation has made 17 grants totaling $70K, with a median grant of $1K. Annual giving has grown from $9K in 2020 to $55K in 2023. Individual grants have ranged from N/A to $51K, with an average award of $4K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in New York and Florida and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$240
Median Grant
$1K
Average Grant
$3K
Largest Grant
$8K
Based on 3 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.
Herbert And Lorraine Podell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in NY, FL, MD.
Herbert And Lorraine Podell Foundation has distributed a total of $70K across 17 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from N/A to $51K.
Herbert And Lorraine Podell Foundation typically selects its grantees rather than accepting unsolicited proposals.
Herbert And Lorraine Podell Foundation is headquartered in PALM BEACH, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Herbert And Lorraine Podell | DIRECTORS | $0 | $0 | N/A |
Total Giving
$58K
Total Assets
$24K
Fair Market Value
$400K
Net Worth
$24K
Grants Paid
$55K
Contributions
N/A
Net Investment Income
$37K
Distribution Amount
$17K
Total Grants
17
Total Giving
$70K
Average Grant
$4K
Median Grant
$1K
Unique Recipients
10
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyUNRESTRICTED GRANT | Palm Beach, FL | N/A | 2023 |
| AfmdaUNRESTRICTED GRANT | New York, NY | $51K | 2023 |
| Jewish Federation Of Palm Beach CountyUNRESTRICTED GRANT | West Palm Beach, FL | $2K | 2023 |
| East Hampton LibraryUNRESTRICTED GRANT | East Hampton, NY | $1K | 2023 |
| East Hampton Food PantryUNRESTRICTED GRANT | East Hampton, NY | $200 | 2023 |
| Play For PinkUNRESTRICTED GRANT | New York, NY | $150 | 2023 |
| Cystic Fibrosis FoundationUNRESTRICTED GRANT | Bethesda, MD | $1K | 2022 |
| Various Organized CharitiesUNRESTRICTED GRANT | Palm Beach, FL | $8K | 2020 |
| Marlene Meyerson JccUNRESTRICTED GRANT | Palm Beach, FL | $1K | 2020 |
| Children'S Foundation Of Palm Beach CountyUNRESTRICTED GRANT | Palm Beach, FL | $240 | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL