I & B Neuman Foundation Inc

Foundation · Grantmaker NEW YORK, NY EIN: 13-6161492

Education Philanthropy Nonprofits Religion Judaism

I & B Neuman Foundation Inc is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $43K in total assets. In 2024, it awarded 4 grants totaling $781.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$43K

-20.2% YoY

Annual Giving

$781

+212.4% YoY

Grant Count

+300.0% YoY

Avg Grant Size

$195.25

-21.9% YoY

Under IRS private-foundation payout rules, I & B Neuman Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About I & B Neuman Foundation Inc

Based on IRS filings

Focus Areas

Education Philanthropy Nonprofits Religion Judaism

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $24K (88%)

California $3K (11%)

District of Columbia $232 (1%)

Texas $75 (0%)

Georgia $25 (0%)

States

California District of Columbia Georgia New York Texas

Cities

Beverly HillsBronxDallasKennesawMerrickNew YorkWarwickWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$42,996	$53,892	$72,362
Revenue	$2,621	$1	$1,752
Expenses	$13,517	$18,471	$11,178
Qualifying Distributions	$2,876	$2,770	$5,006
Net Investment Income	—	—	—
Distributable Amount	$2,410	$3,046	$3,740

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

33 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Jewish Committee ($500), Birthright Israel Foundation ($200), American Heart Association ($45).

Recipient	Purpose	Amount
AMERICAN HEART ASSOCIATION DALLAS, TX	FOR DONEE'S EXEMPT PURPOSE	$45
AMERICAN JEWISH COMMITTEE NEW YORK, NY	FOR DONEE'S EXEMPT PURPOSE	$500
BIRTHRIGHT ISRAEL FOUNDATION NEW YORK, NY	FOR DONEE'S EXEMPT PURPOSE	$200
US HOLUCAUST MUSEUM WASHINGTON, DC	FOR DONEE'S EXEMPT PURPOSE	$36

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
HERBERT NEUMAN	PRESIDENT	10	—
MARVIN NEUMAN	SECRETARY/TREASURER	10	—

Subject Areas

Focus areas based on grantmaking activity

Education Philanthropy Nonprofits Religion Judaism

Frequently Asked Questions

What is I & B Neuman Foundation Inc?

I & B Neuman Foundation Inc is a private foundation focused on Education, based in NEW YORK, NY. It holds $43K in total assets as of 2024.

How large is I & B Neuman Foundation Inc?

As of 2024, I & B Neuman Foundation Inc holds $43K in total assets with $3K in annual revenue. It awarded 4 grants totaling $781 in 2024.

Where does I & B Neuman Foundation Inc operate?

I & B Neuman Foundation Inc has awarded grants in California, District of Columbia, Georgia, New York, Texas.

What size grants does I & B Neuman Foundation Inc award?

In 2024, I & B Neuman Foundation Inc awarded 4 grants totaling $781 — an average of about $195.25 per grant, based on its IRS Form 990 filings.

How much is I & B Neuman Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, I & B Neuman Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.