Herbert & Ethel Somerstein Memorial Foundation Inc
Herbert & Ethel Somerstein Memorial Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLUSHING, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $306 in total assets. In 2024, it awarded 7 grants totaling $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$306
-83.9% YoY
Annual Giving
$13K
+75.3% YoY
Grant Count
7
+600.0% YoY
Avg Grant Size
$2K
-75.0% YoY
About Herbert & Ethel Somerstein Memorial Foundation Inc
Based on IRS filings
Herbert & Ethel Somerstein Memorial Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLUSHING, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $306 in total assets. In 2024, it awarded 7 grants totaling $13K.
Focus Areas
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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 | $306 | $1,898 | $1,747 |
| Revenue | $11,551 | $7,516 | $22,906 |
| Expenses | $14,393 | $8,615 | $22,950 |
| Qualifying Distributions | $12,643 | $7,211 | $21,975 |
| Net Investment Income | — | — | — |
| Distributable Amount | $28 | $80 | $126 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL SOMERSTEIN | TREASURER | — | — |
| DAVID SOMERSTEIN | PRESIDENT | — | — |
| MARK SOMERSTEIN | SECRETARY | — | — |
| ESTHER POLLACK | DIRECTOR | — | — |
| JOEL BLEIBERG | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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