Goldfein Family Foundation Inc

Foundation · Grantmaker NEW YORK, NY EIN: 23-7021255

Goldfein Family 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 $318K in total assets. In 2024, it awarded 13 grants totaling $127K. Net investment income was $55K.

Key facts about Goldfein Family Foundation Inc

EIN: 23-7021255
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $127,290
Grants made (2024): 13
Average grant: $9,792
Median grant: $3,250
New grantees (estimate): 46% first-time grantees (6 of 13, 2024)
Total assets: $318,227
Primary geography: Florida (75% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Goldfein Family Foundation Inc funds

By grant dollars, the top recipient states for Goldfein Family Foundation Inc's 13 itemized 2024 grants were Florida (75%) and New York (25%). The most frequent recipient cities were New York, NY (8 grants) and West Palm Beach, FL (2 grants). 23% of grants with a stated purpose were for general or operating support. Recurring purposes include "Charitable" (10 grants).

Is Goldfein Family Foundation Inc open to new grantees?

46%

first-time grantees, 2024

In 2024, 6 of 13 grantees (46%) were first-time recipients. First grants averaged $5K; repeat grants $14K. How we count

Medians: $2K first-time, $4K repeat.

54% of 2024 grantees were also funded in 2023. Method
Giving grew 40% from 2021 to 2024. Method
In 2024 it paid out 349% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$318K

-20.0% YoY

Annual Giving

$127K

+87.2% YoY

Grant Count

-7.1% YoY

Avg Grant Size

$10K

+101.6% YoY

Under IRS private-foundation payout rules, Goldfein Family Foundation Inc reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.

About Goldfein Family Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $95K (75%)

New York $32K (25%)

Share of all 13 itemized 2024 grant dollars.

States

District of Columbia Florida Illinois Massachusetts Michigan New York Tennessee

Cities

New YorkWest Palm BeachPalm BeachBloomfield HillsGreat BarringtonElmsfordJupiterOceansidePurchaseSouth Boca RatonWashingtonBostonChicagoDelray BeachMemphisMiamiRandolphTarrytownWesthampton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$318,227	$397,758	$459,120
Revenue	$55,404	$13,633	$10,793
Expenses	$134,935	$75,177	$39,801
Qualifying Distributions	$127,290	$68,010	$33,650
Net Investment Income	$55,404	$8,466	$15,333
Distributable Amount	$36,448	$35,433	$37,540

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

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

73 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Jarc ($50,000), Jewish Federation of Palm Beach ($25,000), Morselife Health Foundation ($20,000).

Recipient	Purpose	Amount
JARC SOUTH BOCA RATON, FL	UNRESTRICTED	$50,000
JEWISH FEDERATION OF PALM BEACH WEST PALM BEACH, FL	UNRESTRICTED	$25,000
MORSELIFE HEALTH FOUNDATION WEST PALM BEACH, FL	CHARITABLE	$20,000
WOMAN TO WOMAN NEW YORK, NY	UNRESTRICTED	$10,000
STUDENT ADVOCACY ELMSFORD, NY	CHARITABLE	$5,000
CONGREGATION EMANUEL NEW YORK, NY	CHARITABLE	$4,040
METROPLOLITAN OPERA NEW YORK, NY	CHARITABLE	$3,250
RICHARD TUCKER MUSIC FOUNDATION NEW YORK, NY	CHARITABLE	$3,000
AMERICAN FOLK ART MUSEUM ANNUAL FUND NEW YORK, NY	CHARITABLE	$2,500
DARCA YRF NEW YORK, NY	CHARITABLE	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Robert J Goldfein	President	—	—
Barry J Albano	Secretary/Treasurer	—	—
Douglas Goldfein	Vice-President	—	—

Frequently Asked Questions

How large is Goldfein Family Foundation Inc?

As of 2024, Goldfein Family Foundation Inc holds $318K in total assets with $55K in annual revenue. It awarded 13 grants totaling $127K in 2024.

Where does Goldfein Family Foundation Inc operate?

Goldfein Family Foundation Inc has awarded grants in District of Columbia, Florida, Illinois, Massachusetts, Michigan, New York, Tennessee.

What size grants does Goldfein Family Foundation Inc award?

In 2024, Goldfein Family Foundation Inc awarded 13 grants totaling $127K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Goldfein Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Goldfein Family Foundation Inc reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Goldfein Family Foundation Inc's EIN?

Goldfein Family Foundation Inc's EIN (Employer Identification Number) is 23-7021255. IRS Form 990 filing data is available on this page for 2020–2024.