Hyman & Bessie Passman Family Charitable

CINCINNATI, OH EIN: 20-0657086

Hyman & Bessie Passman Family Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 21 grants totaling $208K. Net investment income was $369K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

+5.1% YoY

Annual Giving

$208K

-11.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

-11.2% YoY

Under IRS private-foundation payout rules, Hyman & Bessie Passman Family Charitable reported a distributable amount of $224K for 2024 — the minimum it must pay out in qualifying distributions.

About Hyman & Bessie Passman Family Charitable

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $779K (84%)

California $58K (6%)

Texas $46K (5%)

Illinois $25K (3%)

Florida $5K (1%)

New York $5K (1%)

Virginia $5K (1%)

Massachusetts $2K (0%)

States

California Florida Illinois Massachusetts New York Ohio Texas Virginia

Cities

BradentonCarthageCincinnatiCorte MaderaDallasFremontFt MyerLovelandNew YorkOaklandPalatineStowWorthington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,290,994	$2,180,564	$2,397,672
Revenue	$424,876	$101,981	$142,807
Expenses	$314,446	$319,089	$311,689
Qualifying Distributions	$258,072	$273,306	$241,606
Net Investment Income	$368,828	$56,591	$94,709
Distributable Amount	$223,578	$185,599	$200,419

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

98 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jewish Federation of Cincinnati ($65,000), Scpa Fund ($20,000), Good Samaritan Hospital Foundation ($16,000).

Recipient	Purpose	Amount
BASKET BRIGADE PALATINE, IL	BEGINS BY PROVIDING COMPLETE THANKSGIVING DINNERS TO LOCAL AREA FAMILIES-IN-NEED, WHILE, AT THE SAME TIME, DELIVERING A MESSAGE OF HOPE, KNOWING THAT THEIR COMMUNITY CARES ABOUT THEM.	$5,000
CINCINNATI HILLEL CINCINNATI, OH	TO ENRICH THE LIVES OF THESE STUDENTS SO THAT THEY MAY ENRICH THE JEWISH PEOPLE AND THE WORLD	$5,000
FREESTORE FOODBANK CINCINNATI, OH	PROVIDE FOOD TO NEEDY PEOPLE	$10,000
GOOD SAMARITAN HOSPITAL FOUNDATION CINCINNATI, OH	FREE HEALTH CENTER	$16,000
INTERFAITH HOSPITALITY NETWORK OF GREATER CINCINNATI CINCINNATI, OH	SUPPORT TO PROVIDE EMERGENCY SHELTER FOR FAMILIES EXPERIENCING HOMELESSNESS AND TO ASSIST THEM IN OBTAINING PERMANENT HOUSING	$5,000
JEWISH COMMUNITY CENTER CINCINNATI, OH	PROVIDE CULTURAL, SOCIAL, EDUCATIONAL, RECREATIONAL PROGRAMS	$5,000
JEWISH FEDERATION OF CINCINNATI CINCINNATI, OH	SUPPORT THE JEWISH COMMUNITY IN CINCINNATI	$65,000
LINCOLN W PAVEY EDUCATIONAL FOUNDATION CINCINNATI, OH	SUPPORT THE FOUNDATION'S EFFORTS IN PROMOTING EDUCATION, PROVIDING SCHOLARSHIPS, AND IMPROVING THE EDUCATIONAL RESOURCES TO MEMBERS OF THE UNIVERSITY OF CINCINNATI.	$5,000
MARIN MONTESSORI SCHOOL CORTE MADERA, CA	TO NURTURE THE DEVELOPMENT OF EACH CHILD IN THE DIVERSE COMMUNITY TO THEIR FULLEST POTENTIAL - AN INDEPENDEDNT; RESPONSIBLE; COMPASSIONATE; LEARNED INDIVIDUAL WHO THINKS CRITICALLY AND CLEARLY REALIZES THEIR ROLE IN THE WORLD	$10,500
MAYERSON CENTER FOR SAFE AND HEALTHY CHILDREN CINCINNATI, OH	SUPPORT SERVICES TO CHILDREN WHO ARE VICTIMS OF CHILD ABUSE	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NEAL E SCHEAR	TRUSTEE	4	$25,036
STUART SUSSKIND	TRUSTEE	4	$25,036

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Hyman & Bessie Passman Family Charitable?

Hyman & Bessie Passman Family Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. It holds $2.3M in total assets as of 2024.

How large is Hyman & Bessie Passman Family Charitable?

As of 2024, Hyman & Bessie Passman Family Charitable holds $2.3M in total assets with $425K in annual revenue. It awarded 21 grants totaling $208K in 2024.

Where does Hyman & Bessie Passman Family Charitable operate?

Hyman & Bessie Passman Family Charitable has awarded grants in California, Florida, Illinois, Massachusetts, New York, Ohio, Texas, Virginia.

What size grants does Hyman & Bessie Passman Family Charitable award?

In 2024, Hyman & Bessie Passman Family Charitable awarded 21 grants totaling $208K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Hyman & Bessie Passman Family Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hyman & Bessie Passman Family Charitable reported a distributable amount of $224K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hyman & Bessie Passman Family Charitable's EIN?

Hyman & Bessie Passman Family Charitable's EIN (Employer Identification Number) is 20-0657086. IRS Form 990 filing data is available on this page for 2020–2024.