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Herman Auerbach Memorial Fund Trust 2 is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1972. The principal officer is Deutsche Bank Trust Co Na 220320. It holds total assets of $2.8M. Annual income is reported at $2.6M. Total assets have grown from $2.2M in 2011 to $2.9M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in California, New York and District of Columbia. According to available records, Herman Auerbach Memorial Fund Trust 2 has made 85 grants totaling $1.1M, with a median grant of $10K. The foundation has distributed between $190K and $468K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $468K distributed across 34 grants. Individual grants have ranged from $1K to $106K, with an average award of $13K. The foundation has supported 32 unique organizations. The foundation primarily supports organizations in New York, California, Massachusetts, which account for 79% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$61K
Based on 15 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.
Herman Auerbach Memorial Fund Trust 2 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 85 grants. Its grantmaking reaches organizations primarily in NY, CA, MA.
Herman Auerbach Memorial Fund Trust 2 has distributed a total of $1.1M across 85 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $1K to $106K.
Herman Auerbach Memorial Fund Trust 2 typically selects its grantees rather than accepting unsolicited proposals.
Herman Auerbach Memorial Fund Trust 2 is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deutsche Trust Company Na | TRUSTEE | $42K | $0 | $42K |
| Victor Smallberg | CO-TRUSTEE | $14K | $0 | $14K |
| Ralph Smallberg | CO-TRUSTEE | $14K | $0 | $14K |
Total Giving
$310K
Total Assets
$2.9M
Fair Market Value
$5.3M
Net Worth
$2.9M
Grants Paid
$238K
Contributions
N/A
Net Investment Income
$257K
Distribution Amount
$259K
Total Grants
85
Total Giving
$1.1M
Average Grant
$13K
Median Grant
$10K
Unique Recipients
32
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Baldwin Union School DistGENERAL OPERATING | Baldwin, NY | $106K | 2023 |
| Alameda County Community Food BankGENERAL OPERATING | Oakland, CA | $20K | 2023 |
| Food Bank Of Nevada County IncGENERAL OPERATING | Grass Valley, CA | $15K | 2023 |
| St Mary'S CenterGENERAL OPERATING | Oakland, CA | $15K | 2023 |
| YmcaGENERAL OPERATING | Washington, DC | $12K | 2023 |
| Refugee TransitionsGENERAL OPERATING | San Francisco, CA | $10K | 2023 |
| The Friends Of The Oakland Public LibrarGENERAL OPERATING | Oakland, CA | $10K | 2023 |
| North San Juan Firefighters AssociationGENERAL OPERATING | San Juan, CA | $10K | 2023 |
| South Yuba River Citizens LeagueGENERAL OPERATING | Nevada City, CA | $8K | 2023 |
| Bear Yuba Land TrustGENERAL OPERATING | Grass Valley, CA | $8K | 2023 |
| Mildres Stevens Williams Memorial LibrarGENERAL SUPPORT | Appleton, ME | $5K | 2023 |
| Social Goods FundGENERAL OPERATING | Pinole, CA | $5K | 2023 |
| North San Juan LibraryGENERAL SUPPORT | Nevada City, CA | $5K | 2023 |
| Alamed Point Collaborative IncGENERAL OPERATING | Alameda, CA | $5K | 2023 |
| Lenox Elementary School PtaGENERAL OPERATING | Baldwin, NY | $1K | 2023 |
| Meadow Elementary School PtoGENERAL OPERATING | Middlebury, CT | $1K | 2023 |
| Plaza Elementary School PtaGENERAL OPERATING | Orland, CA | $1K | 2023 |
| National Audubon SocietyGENERAL OPERATING | New York, NY | $1K | 2023 |
| Brookside Elementary School PtoGENERAL OPERATING | Westwood, NJ | $1K | 2023 |
| Stairway To StemGENERAL OPERATING | Reading, MA | $50K | 2022 |
| Food Bank Of Nevada CountyGENERAL OPERATING | Grass Valley, CA | $10K | 2022 |
| Oakland Public LibraryGENERAL OPERATING | Oakland, NJ | $10K | 2022 |
| Seatuck Environmental AssociationGENERAL OPERATING | Islip, NY | $10K | 2022 |
| Ymca Of The East BayGENERAL OPERATING | Oakland, CA | $7K | 2022 |
| Everyone HomeGENERAL OPERATING | Washington, DC | $5K | 2022 |
| Meadow Elementary School PtaGENERAL OPERATING | Baldwin, NY | $1K | 2022 |
| Steele Elementary School PtaGENERAL OPERATING | Denver, CO | $1K | 2022 |
| Brookside Elementary School PtaGENERAL OPERATING | Baldwin, NY | $1K | 2022 |