David & Sadie Traum Foundation Inc

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.

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.

About David & Sadie Traum Foundation Inc

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Chagrin FallsClevelandNew YorkTampaWindow Rock

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$44K$87K$131K$174K20202021202220232024
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

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$41K$62K$83K6 grants20201 grants20215 grants202211 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

BRIDGET ALLIANCE$10KCOMMUNITY RESOURCE$3KHARLEM GROWN$3KWEALFACCOMPANY CAPITA$3KLEGAL AID SOCIETY$3K

Grant Size Distribution

28 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bridget Alliance ($10,000), Community Resource ($2,500), Harlem Grown ($2,500).

RecipientPurposeAmount
COMMUNITY RESOURCE NEW YORK, NYEDUCATION/WELFARE ASSISTANCE$2,500
BRIDGET ALLIANCE NEW YORK, NYEDUCATION/WELFARE ASSISTANCE$10,000
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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARGARET BOOTHPRES & DIRECTOR1
JANE BOOTHVICE PRES & DIR1
MARVIN SCHECTERTREAS & DIRECTOR1
THOMAS SECHRISTSEC & DIRECTOR1

Frequently Asked Questions

How large is David & Sadie Traum Foundation Inc?

As of 2024, David & Sadie Traum Foundation Inc holds $201K in total assets with $17K in annual revenue. It awarded 5 grants totaling $20K in 2024.

Where does David & Sadie Traum Foundation Inc operate?

David & Sadie Traum Foundation Inc has awarded grants in Arizona, Florida, New York, Ohio.

What size grants does David & Sadie Traum Foundation Inc award?

In 2024, David & Sadie Traum Foundation Inc awarded 5 grants totaling $20K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is David & Sadie Traum Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David & Sadie Traum Foundation Inc reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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