David & Sadie Traum Foundation Inc

Private foundation · Grantmaker New York, NY EIN: 13-6164157

David & Sadie Traum Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $201K in total assets. In 2024, it awarded 5 grants totaling $20K. Net investment income was $10K.

Key facts about David & Sadie Traum Foundation Inc

In short: David & Sadie Traum Foundation Inc gave $20K across 5 grants in 2024 (avg $4K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
13-6164157
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$20,000
Grants made (2024)
5
Average grant
$4,000
Median grant
$2,500
Total assets
$200,737
Primary geography
New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$201K

-5.3% YoY

Annual Giving

$20K

-75.9% YoY

Grant Count

5

-54.5% YoY

Avg Grant Size

$4K

-46.9% YoY

Under IRS private-foundation payout rules, David & Sadie Traum Foundation Inc reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

How David & Sadie Traum Foundation Inc gives

  • Giving grew 900% from 2021 to 2024. Method
  • In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

New YorkChagrin FallsClevelandTampaWindow Rock

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K6 grants2020 1 grant2021 5 grants2022 11 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $2K (2021) to $83K (2023). In 2024 it made 5 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Bridget Alliance: $10KBridget Alliance$10KCommunity Resource: $3KCommunity Resource$3KHarlem Grown: $3KHarlem Grown$3KWealfaccompany Capita: $3KWealfaccompany Capita$3KLegal Aid Society: $3KLegal Aid Society$3K

The largest 2024 recipient was Bridget Alliance ($10K). Together the top 5 received $20K.

Grant Size Distribution

28 grants across all recorded years

28<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 28 grants of 28 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bridget Alliance New York, NYEducation/Welfare Assistance$10,000
Community Resource New York, NYEducation/Welfare Assistance$2,500
Harlem Grown New York, NYEducation/Welfare Assistance$2,500
Wealfaccompany Capita New York, NYEducation/Welfare Assistance$2,500
Legal Aid Society New York, NYEducation/Welfare Assistance$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$200,737$212,041$291,582
Revenue$17,353$10,264$158,234
Expenses$28,657$89,805$62,500
Qualifying Distributions$22,300$82,900$59,500
Net Investment Income$9,741$10,169$121,822
Distributable Amount$22,562$27,791$21,537

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

David & Sadie Traum Foundation Inc is led by Margaret Booth, President & Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Margaret Booth

    President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jane Booth

    Vice President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marvin Schecter

    Treasurer & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas Sechrist

    Secretary & Director

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about David & Sadie Traum Foundation Inc

How much does David & Sadie Traum Foundation Inc give each year?

David & Sadie Traum Foundation Inc gave $20K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $83K across 11 grants.

What is David & Sadie Traum Foundation Inc's typical grant size?

David & Sadie Traum Foundation Inc's median grant in 2024 was $2,500, and its average grant was $4,000, across 5 grants on its 2024 IRS Form 990-PF.

Where does David & Sadie Traum Foundation Inc give grants?

David & Sadie Traum Foundation Inc gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (5 grants).

Does David & Sadie Traum Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on David & Sadie Traum Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education/Welfare Assistance" (5 grants).

Who are David & Sadie Traum Foundation Inc's largest grantees?

David & Sadie Traum Foundation Inc's largest 2024 grantees include Bridget Alliance ($10,000), Community Resource ($2,500) and Harlem Grown ($2,500), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.

How large is David & Sadie Traum Foundation Inc?

David & Sadie Traum Foundation Inc reported $201K in total assets on its 2024 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is David & Sadie Traum Foundation Inc's EIN?

David & Sadie Traum Foundation Inc's EIN (Employer Identification Number) is 13-6164157. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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