Firstman Family Foundation Inc
Firstman Family Foundation Inc is a private foundation focused on Education, based in PIKESVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $274K in total assets. In 2024, it awarded 31 grants totaling $15K. Net investment income was $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$274K
+1.0% YoY
Annual Giving
$15K
-3.5% YoY
Grant Count
31
-8.8% YoY
Avg Grant Size
$482.677
+5.9% YoY
Under IRS private-foundation payout rules, Firstman Family Foundation Inc reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.
About Firstman Family Foundation Inc
Based on IRS filings
Firstman Family Foundation Inc is a private foundation focused on Education, based in PIKESVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $274K in total assets. In 2024, it awarded 31 grants totaling $15K. Net investment income was $18K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $274,422 | $271,575 | $272,972 |
| Revenue | $21,774 | $16,572 | $6,296 |
| Expenses | $19,051 | $17,890 | $31,625 |
| Qualifying Distributions | $14,963 | $15,500 | $27,950 |
| Net Investment Income | $17,686 | $14,182 | $5,840 |
| Distributable Amount | $22,607 | $19,453 | $20,960 |
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
163 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Good Luck Macbeth Theater ($2,500), Talbot Hospice Foundation ($1,500), Alzheimers Association ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TALBOT COUNTY HUMANE SOCIETY EASTON, MD | CHARITY | $500 |
| TALBOT COUNY FREE LIBRARY EASTON, MD | CHARITY | $500 |
| TALBOT HOSPICE FOUNDATION EASTON, MD | CHARITY | $1,500 |
| WORLD WILDLIFE FUND WASHINGTON, DC | CHARITY | $163 |
| ASPCA BALTIMORE, MD | CHARITY | $500 |
| UNICEF NEW YORK, NY | CHARITY | $250 |
| ALZHEIMERS ASSOCIATION CHICAGO, IL | CHARITY | $1,000 |
| EASTON VOLUNTEER FIRE DEPT EASTON, MD | CHARITY | $250 |
| WEEKEND BACKPACKS FOR THE HOMELESS BALTIMORE, MD | CHARITY | $500 |
| NEVADA HUMANE SOCIETY RENO, NV | CHARITY | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD E FIRSTMAN | PRESIDENT | 1 | — |
| ALLAN ALPERSTEIN | TREAS/SEC | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Firstman Family Foundation Inc?
Firstman Family Foundation Inc is a private foundation focused on Education, based in PIKESVILLE, MD. It holds $274K in total assets as of 2024.
How large is Firstman Family Foundation Inc?
As of 2024, Firstman Family Foundation Inc holds $274K in total assets with $22K in annual revenue. It awarded 31 grants totaling $15K in 2024.
Where does Firstman Family Foundation Inc operate?
Firstman Family Foundation Inc has awarded grants in Arizona, California, Colorado, District of Columbia, Delaware, Georgia, Illinois, Massachusetts, Maryland, Minnesota, Nevada, New York, Texas, Virginia, Washington, Wyoming.
What size grants does Firstman Family Foundation Inc award?
In 2024, Firstman Family Foundation Inc awarded 31 grants totaling $15K — an average of about $482.677 per grant, based on its IRS Form 990 filings.
How much is Firstman Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Firstman Family 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 Firstman Family Foundation Inc's EIN?
Firstman Family Foundation Inc's EIN (Employer Identification Number) is 52-6034795. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Firstman Family 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.
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