Herbert & Ethel Somerstein is a private corporation based in FLUSHING, NY. The foundation received its IRS ruling in 2000. The principal officer is % David Somerstein. It holds total assets of $306. Annual income is reported at $12K. MADE CHARITABLE CONTRIBUTIONS. According to available records, Herbert & Ethel Somerstein has made 4 grants totaling $72K, with a median grant of $20K. Annual giving has grown from $17K in 2020 to $44K in 2022. Individual grants have ranged from $11K to $22K, with an average award of $18K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
MADE CHARITABLE CONTRIBUTIONS
Expenses: $22K
MADE CHARITABLE CONTRIBUTIONS. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Herbert & Ethel Somerstein has distributed a total of $72K across 4 grants. The median grant size is $20K, with an average of $18K. Individual grants have ranged from $11K to $22K.
Herbert & Ethel Somerstein typically selects its grantees rather than accepting unsolicited proposals.
Herbert & Ethel Somerstein is headquartered in FLUSHING, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Esther Pollack | DIRECTOR | $0 | $0 | $0 |
| Mark Somerstein | SECRETARY | $0 | $0 | $0 |
| Herbert Somerstein | PRESIDENT | $0 | $0 | $0 |
| Joel Bleiberg | DIRECTOR | $0 | $0 | $0 |
| David Somerstein | TREASURER | $0 | $0 | $0 |
Total Giving
$9K
Total Assets
$2K
Fair Market Value
$0
Net Worth
$-6,602
Grants Paid
$7K
Contributions
$8K
Net Investment Income
$0
Distribution Amount
$80
Total Grants
4
Total Giving
$72K
Average Grant
$18K
Median Grant
$20K
Unique Recipients
2
Most Common Grant
$22K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schedule AttachedSEE SCHEDULE ATTACHED | Flushing, NY | $22K | 2022 |
| Schedule AtachedSEE SCHEDULE ATTACHED | Flushing, NY | $11K | 2021 |
NEWTOWN, PA
MINEOLA, NY
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