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Sussman Family Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2024. It holds total assets of $6.5M. Annual income is reported at $4.9M. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2023. According to available records, Sussman Family Foundation Inc. has made 8 grants totaling $247K, with a median grant of $6K. Annual giving has decreased from $200K in 2021 to $47K in 2022. Individual grants have ranged from $500 to $100K, with an average award of $31K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Iowa and Florida and District of Columbia. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
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.
Sussman Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in IA, FL, DC.
Sussman Family Foundation Inc. has distributed a total of $247K across 8 grants. The median grant size is $6K, with an average of $31K. Individual grants have ranged from $500 to $100K.
Sussman Family Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (873959069) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Sussman Family Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$345K
Total Assets
$6.6M
Fair Market Value
$6.6M
Net Worth
$6.6M
Grants Paid
$342K
Contributions
N/A
Net Investment Income
$160K
Distribution Amount
$317K
Total: $6.3M
Total Grants
8
Total Giving
$247K
Average Grant
$31K
Median Grant
$6K
Unique Recipients
7
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Drake UniversityGENERAL EDUCATIONAL PURPOSES | Des Moines, IA | $30K | 2022 |
| Jewish Federation Of Palm BeachGENERAL CHARITABLE PURPOSES | West Palm Beach, FL | $6K | 2022 |
| Jupiter Medical Center FoundationGENERAL CHARITABLE PURPOSES | Jupiter, FL | $5K | 2022 |
| Maltz Jupiter Theatre IncGENERAL CHARITABLE PURPOSES | Jupiter, FL | $5K | 2022 |
| Humane Society Of The UsGENERAL CHARITABLE PURPOSES | Washington, DC | $500 | 2022 |
| Palm Beach County Food BankGENERAL CHARITABLE PURPOSES | Lake Worth Beach, FL | $500 | 2022 |
| The Harkin Institute At Drake UniversityGENERAL EDUCATIONAL PURPOSES | Des Moines, IA | $100K | 2021 |