David & Elizabeth Roitman Fdn

PENNINGTON, NJ EIN: 27-4002144

David & Elizabeth Roitman Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 2 grants totaling $72K. Net investment income was $180K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+6.6% YoY

Annual Giving

$72K

-10.0% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$36K

+35.0% YoY

Under IRS private-foundation payout rules, David & Elizabeth Roitman Fdn reported a distributable amount of $86K for 2024 — the minimum it must pay out in qualifying distributions.

About David & Elizabeth Roitman Fdn

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $357K (100%)

States

New York

Cities

New York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,579,185	$1,481,278	$1,520,058
Revenue	$197,494	$68,353	$127,400
Expenses	$101,747	$106,892	$113,209
Qualifying Distributions	$84,157	$90,791	$73,869
Net Investment Income	$179,845	$52,427	$91,024
Distributable Amount	$86,209	$81,236	$83,545

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Zionist Movement Inc ($36,000), Pef Israel Endowment Funds ($36,000).

Recipient	Purpose	Amount
AMERICAN ZIONIST MOVEMENT INC NEW YORK, NY	UNRESTRICTED GENERAL	$36,000
PEF ISRAEL ENDOWMENT FUNDS NEW YORK, NY	UNRESTRICTED GENERAL	$36,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MR LESTER J DOBOS	TRUSTEE	1	—
ARTHUR A MCTIGHE	TRUSTEE	1	—
DEBORAH GERSHEN-GENNELLO	TRUSTEE	1	—
ROBERT YOSTEMBSKI	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is David & Elizabeth Roitman Fdn?

David & Elizabeth Roitman Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $1.6M in total assets as of 2024.

How large is David & Elizabeth Roitman Fdn?

As of 2024, David & Elizabeth Roitman Fdn holds $1.6M in total assets with $197K in annual revenue. It awarded 2 grants totaling $72K in 2024.

Where does David & Elizabeth Roitman Fdn operate?

David & Elizabeth Roitman Fdn has awarded grants in New York.

What size grants does David & Elizabeth Roitman Fdn award?

In 2024, David & Elizabeth Roitman Fdn awarded 2 grants totaling $72K — an average of about $36K per grant, based on its IRS Form 990 filings.

How much is David & Elizabeth Roitman Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David & Elizabeth Roitman Fdn reported a distributable amount of $86K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.