Finerman Foundation Inc
Finerman Foundation Inc is a private foundation focused on Education, based in New York, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $729K in total assets. In 2025, it awarded 10 grants totaling $78K. Net investment income was $237K.
Key facts about Finerman Foundation Inc
- EIN
- 23-7024610
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $77,550
- Grants made (2025)
- 10
- Average grant
- $7,755
- Median grant
- $3,400
- Total assets
- $728,846
- Primary geography
- California (44% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Finerman Foundation Inc funds
By grant dollars, the top recipient states for Finerman Foundation Inc's 10 itemized 2025 grants were California (44%), Pennsylvania (40%) and New York (15%). The most frequent recipient cities were Los Angeles, CA (4 grants), Philadelphia, PA (3 grants) and New York, NY (2 grants). None of its 10 grants with a stated purpose were described as general or operating support.
How Finerman Foundation Inc gives
- Giving grew 35% from 2022 to 2025. Method
- In 2025 it paid out 125% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Finerman Foundation Inc
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$729K
+27.9% YoY
Annual Giving
$78K
+125.6% YoY
Grant Count
10
-33.3% YoY
Avg Grant Size
$8K
+238.4% YoY
Under IRS private-foundation payout rules, Finerman Foundation Inc reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.
About Finerman Foundation Inc
Based on IRS filings
Finerman Foundation Inc is a private foundation focused on Education, based in New York, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $729K in total assets. In 2025, it awarded 10 grants totaling $78K. Net investment income was $237K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $728,846 | $569,855 | $503,482 |
| Revenue | $255,128 | $100,996 | $30,932 |
| Expenses | $96,137 | $34,623 | $73,358 |
| Qualifying Distributions | $77,749 | $34,458 | $73,135 |
| Net Investment Income | $236,740 | $98,670 | $30,709 |
| Distributable Amount | $62,144 | $50,264 | $43,445 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Jewish Federation Los Angeles ($32,500 across 2 grants), University of Pennsylvania ($30,000 across 2 grants), Birthright Israel Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JEWISH FEDERATION LOS ANGELES Los Angeles, CA | VARIOUS COMMUNITY CAUSES | $27,500 |
| UNIVERSITY OF PENNSYLVANIA Philadelphia, PA | SUPPORT UNIVERSITY FACILITIES DEVELOPMENT | $25,000 |
| BIRTHRIGHT ISRAEL FOUNDATION New York, NY | SUPPORT FOR YOUNG JEWISH ADULTS | $10,000 |
| JEWISH FEDERATION LOS ANGELES Los Angeles, CA | DISASTER RELIEF ASSISTANCE | $5,000 |
| UNIVERSITY OF PENNSYLVANIA Philadelphia, PA | SUPPORT THROUGH SCHOLARSHIP FUND | $5,000 |
| FRIENDS OF UNITED HATZALAH New York, NY | TO HELP ANYONE IN NEED OF CARE | $1,800 |
| NATIONAL MULTIPLE SCLEROSIS SOCIETY Los Angeles, CA | HELP CURE MS WHILE EMPOWERING PEOPLE AFFECTED BY MS TO LIVE THEIR BEST LIVES. | $1,000 |
| JEWISH HERITAGE PROGRAMS Philadelphia, PA | SUPPORT THE FUTURE OF JUDAISM | $1,000 |
| HOLOCAUST MEMORIAL MUSEUM Washington, DC | SUPPORT EDUCATION IN JEWISH HISTORY | $1,000 |
| UNIVERSITY OF CALIFORNIA LOS ANGELES Los Angeles, CA | SUPPORT EDUCATION IN ORTHOPAEDIC SURGERY | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ralph Finerman | President | — | — |
| Adam Finerman | VP, Treasurer | — | — |
| Alissa Finerman | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Finerman Foundation Inc?
Finerman Foundation Inc is a private foundation focused on Education, based in New York, NY. It holds $729K in total assets as of 2025.
How large is Finerman Foundation Inc?
As of 2025, Finerman Foundation Inc holds $729K in total assets with $255K in annual revenue. It awarded 10 grants totaling $78K in 2025.
Where does Finerman Foundation Inc operate?
Finerman Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Illinois, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania, Utah.
What size grants does Finerman Foundation Inc award?
In 2025, Finerman Foundation Inc awarded 10 grants totaling $78K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Finerman Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Finerman Foundation Inc reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Finerman Foundation Inc's EIN?
Finerman Foundation Inc's EIN (Employer Identification Number) is 23-7024610. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.