Herbert & Ethel Somerstein Memorial Foundation Inc

FLUSHING, NY EIN: 11-3485409

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BrooklynCedarhurstFar RockawayFlushingLawrence

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6K$13K$19K$25K20202021202220232024
Metric202420232022
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

$0$5K$11K$16K$22K1 grants20201 grants20211 grants20221 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

KEREN AHAVAS CHESED$5KTORAH ACADEMY$5KCHOSON VNOSEN$1KCONG BAIS MEDRASH OF CED…$650OHEL TORAH$392BAIS MEDRASH OF HARBORVIEW$200BIKUR CHOLIM VCHESED$100

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
MICHAEL SOMERSTEINTREASURER
DAVID SOMERSTEINPRESIDENT
MARK SOMERSTEINSECRETARY
ESTHER POLLACKDIRECTOR
JOEL BLEIBERGDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is 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. It holds $306 in total assets as of 2024.

How large is Herbert & Ethel Somerstein Memorial Foundation Inc?

As of 2024, Herbert & Ethel Somerstein Memorial Foundation Inc holds $306 in total assets with $12K in annual revenue. It awarded 7 grants totaling $13K in 2024.

Where does Herbert & Ethel Somerstein Memorial Foundation Inc operate?

Herbert & Ethel Somerstein Memorial Foundation Inc has awarded grants in New York.

What size grants does Herbert & Ethel Somerstein Memorial Foundation Inc award?

In 2024, Herbert & Ethel Somerstein Memorial Foundation Inc awarded 7 grants totaling $13K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is Herbert & Ethel Somerstein Memorial Foundation Inc's EIN?

Herbert & Ethel Somerstein Memorial Foundation Inc's EIN (Employer Identification Number) is 11-3485409. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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