Falkenstein Foundation Inc
Falkenstein Foundation Inc is a private foundation, based in WEST ORANGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $990K in total assets. In 2024, it awarded 30 grants totaling $51K. Net investment income was $59K.
Key facts about Falkenstein Foundation Inc
- EIN
- 22-2311000
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $50,947
- Grants made (2024)
- 30
- Average grant
- $1,698
- Median grant
- $680
- Total assets
- $990,497
- Primary geography
- New York (60% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Falkenstein Foundation Inc funds
By grant dollars, the top recipient states for Falkenstein Foundation Inc's 30 itemized 2024 grants were New York (60%) and New Jersey (36%). The most frequent recipient cities were New York, NY (8 grants), Nyc, NY (6 grants), West Orange, NJ (4 grants) and New York City, NY (3 grants). None of its 30 grants with a stated purpose were described as general or operating support. Recurring purposes include "Contribution" (26 grants) and "Contribtion" (3 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$990K
+8.9% YoY
Annual Giving
$51K
-1.0% YoY
Grant Count
30
-11.8% YoY
Avg Grant Size
$2K
+12.2% YoY
Under IRS private-foundation payout rules, Falkenstein Foundation Inc reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.
About Falkenstein Foundation Inc
Based on IRS filings
Falkenstein Foundation Inc is a private foundation, based in WEST ORANGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $990K in total assets. In 2024, it awarded 30 grants totaling $51K. Net investment income was $59K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 30 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $990,497 | $909,190 | $930,287 |
| Revenue | $58,526 | $53,949 | $41,051 |
| Expenses | $50,947 | $51,440 | $44,882 |
| Qualifying Distributions | $50,947 | $51,439 | $44,882 |
| Net Investment Income | $58,526 | $53,949 | $41,051 |
| Distributable Amount | $45,372 | $46,536 | $44,828 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
181 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Beth Israel ($10,000), American Friends Bar Ilan Universi ($10,000), Golda Ochs Academy ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BETH ISRAEL WEST ORANGE, NJ | CONTRIBUTION | $10,000 |
| AMERICAN FRIENDS BAR ILAN UNIVERSI NYC, NY | CONTRIBUTION | $10,000 |
| GOLDA OCHS ACADEMY WEST ORANGE, NJ | CONTRIBTION | $5,000 |
| FRIENDS OF BET HALOCHEM NEW YORK, NY | CONTRIBUTION | $5,000 |
| JEWISH NATIONAL FUND NEW YORK, NY | CONTRIBUTION | $3,600 |
| BOYS TOWN OF JERUSALEM NEW YORK, NY | CONTRIBUTION | $2,500 |
| FRIENDS OF UNITED HATZALLAH NEW YORK CITY, NY | CONTRIBUTION | $1,800 |
| CHABAD OF WEST ORANGE West Orange, NJ | CONTRIBUTION | $1,386 |
| PEF ISRAEL ENDOWMENT FUND NEW YORK, NY | CONTRIBUTION | $1,360 |
| AMERICAN FRIENDS OF MAGEN DAVID ADO NEW YORK CITY, NY | CONTRIBUTION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH FALKENSTEIN | PRESIDENT | 3 | — |
| HEDY FALKENSTEIN | VP | — | — |
| JEFFREY FALKENSTEIN | TREASURER | — | — |
Frequently Asked Questions
How large is Falkenstein Foundation Inc?
As of 2024, Falkenstein Foundation Inc holds $990K in total assets with $59K in annual revenue. It awarded 30 grants totaling $51K in 2024.
Where does Falkenstein Foundation Inc operate?
Falkenstein Foundation Inc has awarded grants in California, Connecticut, Florida, Massachusetts, Maryland, New Jersey, New Mexico, New York, Pennsylvania.
What size grants does Falkenstein Foundation Inc award?
In 2024, Falkenstein Foundation Inc awarded 30 grants totaling $51K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Falkenstein Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Falkenstein Foundation Inc reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Falkenstein Foundation Inc's EIN?
Falkenstein Foundation Inc's EIN (Employer Identification Number) is 22-2311000. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Falkenstein Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.