Herman & Florence Siegel Foundation Inc

WEST ORANGE, NJ EIN: 52-1592404

Herman & Florence Siegel Foundation Inc is a private foundation, based in WEST ORANGE, NJ. IRS filing data is available for 2020. In 2020, it awarded 8 grants totaling $550K. Net investment income was $154K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$550K

Grant Count

Avg Grant Size

$69K

Under IRS private-foundation payout rules, Herman & Florence Siegel Foundation Inc reported a distributable amount of $28K for 2020 — the minimum it must pay out in qualifying distributions.

About Herman & Florence Siegel Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $535K (97%)

New York $10K (2%)

California $5K (1%)

States

California New Jersey New York

Cities

LivingstonMaplewoodMorristownNew YorkNewarkSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$160,170
Expenses	$561,281
Qualifying Distributions	—
Net Investment Income	$154,064
Distributable Amount	$27,500

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 2020

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Community Foundation of New Jersey ($310,030), The Valerie Fund ($100,000), Nj Pandemic Relief Fund ($60,000).

Recipient	Purpose	Amount
COMMUNITY FOUNDATION OF NEW JERSEY MORRISTOWN, NJ	GENERAL CONTRIBUTION	$310,030
GLASSROOTS INC NEWARK, NJ	GENERAL CONTRIBUTION	$5,000
MS HOPE FOR A CURE NEW YORK, NY	GENERAL CONTRIBUTION	$10,000
THE VALERIE FUND MAPLEWOOD, NJ	GENERAL CONTRIBUTION	$100,000
UCSF BENIOFF CHILDREN'S HOSPITAL SAN FRANCISCO, CA	GENERAL CONTRIBUTION	$5,000
NEWARK EMERGENCY NEWARK, NJ	GENERAL CONTRIBUTION	$50,000
NJ PANDEMIC RELIEF FUND MORRISTOWN, NJ	GENERAL CONTRIBUTION	$60,000
SAINT BARNABAS MEDICAL CENTER LIVINGSTON, NJ	GENERAL CONTRIBUTION	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
JOEL D SIEGEL	PRESIDENT	0.1	—
BARRY I SIEGEL	TRUSTEE	0.1	—
BARBARA SIEGEL BLAKE	TRUSTEE	0.1	—

Frequently Asked Questions

Where does Herman & Florence Siegel Foundation Inc operate?

Herman & Florence Siegel Foundation Inc has awarded grants in California, New Jersey, New York.

What size grants does Herman & Florence Siegel Foundation Inc award?

In 2020, Herman & Florence Siegel Foundation Inc awarded 8 grants totaling $550K — an average of about $69K per grant, based on its IRS Form 990 filings.

How much is Herman & Florence Siegel Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Herman & Florence Siegel Foundation Inc reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Herman & Florence Siegel Foundation Inc's EIN?

Herman & Florence Siegel Foundation Inc's EIN (Employer Identification Number) is 52-1592404. IRS Form 990 filing data is available on this page for 2020.