I Waldbaum Family Foundation
The I Waldbaum Family Foundation is a private foundation incorporated in 1961 and tax-exempt since January 1963. Based in Jericho, New York, the foundation operates as a 501(c)(3) organization with no employees. The foundation functions as a grantmaking entity supporting nonprofit organizations primarily in the northeastern United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
+2.3% YoY
Annual Giving
$880K
+0.0% YoY
Grant Count
51
+37.8% YoY
Avg Grant Size
$17K
-27.5% YoY
Under IRS private-foundation payout rules, I Waldbaum Family Foundation reported a distributable amount of $464K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation gives primarily to Jewish organizations, including welfare funds, religious schools, temple support, and cultural programs, as well as hospitals. Its funding interests encompass:
- Jewish organizations and causes
- Human services
- Health
- Education
- Children and youth
- Cultural programs
- Religious institutions
Grantmaking
The foundation made additional grants totaling $539,150 to 19 other organizations in 2023.
Grant Range
$150–$158,700
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Geographic Focus
Where this funder awards grants
The foundation supports nonprofit organizations in New York, with emphasis on the New York City metropolitan area. Geographic focus areas also include Arizona, Florida, and Texas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total assets: $4,733,809
- Total revenues: $501,691
- Total expenses: $1,029,550
- Total liabilities: $0
Revenue Breakdown (2023):
- Investment income and dividends: $146,757
- Net gain from sale of non-inventory assets: $353,951
As of December 31, 2024:
- Total assets: $4,844,307
- Total giving: $880,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,844,307 | $4,733,809 | $5,261,668 |
| Revenue | $1,149,813 | $501,691 | $327,558 |
| Expenses | $1,039,315 | $1,029,550 | $1,036,670 |
| Qualifying Distributions | $888,500 | $889,250 | $873,310 |
| Net Investment Income | $1,000,272 | $361,391 | $179,895 |
| Distributable Amount | $464,057 | $450,827 | $477,893 |
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
226 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sid Jacobson Jcc ($158,700), Jewish National Fund ($120,000), Uja ($62,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER SOCIETY SYOSSET, NY | CHARITABLE | $1,000 |
| AMERICAN FRIENDS OF ISRAELI NAVY SEALS NEW YORK, NY | CHARITABLE | $5,000 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM NEW YORK, NY | CHARITABLE | $15,000 |
| AMERICAN FRIENDS OF SHALVA NEW YORK, NY | CHARITABLE | $10,000 |
| AMERICAN FRIENDS SHEBA MEDICAL CENTER PHILADELPHIA, PA | CHARITABLE | $25,000 |
| ANTI-DEFAMATION LEAGUE NEW YORK, NY | CHARITABLE | $15,000 |
| BIRTHRIGHT ISRAEL NEW YORK, NY | CHARITABLE | $20,000 |
| B'NAI VAIL VAIL, CO | CHARITABLE | $20,000 |
| CHILDRENS HOSPITAL OF PHILADELPHIA PHILADELPHIA, PA | CHARITABLE | $5,000 |
| EMMA WILLARD SCHOOL TROY, NY | CHARITABLE | $250 |
Leadership & Key People
Leadership team and compensation from IRS filings
Nancy Waldbaum-Nimkoff is listed as a contact person for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY WALDBAUM NIMKOFF | PRESIDENT/CO-EXUCUTIVE DIR | 10 | — |
| CAROLYN MALINSKY | TREASURER/CO-EXECUTIVE DIR | 5 | — |
| ARTHUR WALDBAUM | VICE PRESIDENT | 5 | — |
| MARTIN WALDBAUM | VICE PRESIDENT | 5 | — |
| BENJAMIN MALINSKY | TREASURER/CO-EXECUTIVE DIR | 5 | — |
Contact Information
Address: C/O FLII One Jericho Plaza, Suite 201 Jericho, NY 11753
Phone: 516-935-1200
Frequently Asked Questions
What does I Waldbaum Family Foundation fund?
The foundation gives primarily to Jewish organizations, including welfare funds, religious schools, temple support, and cultural programs, as well as hospitals. Its funding interests encompass: • Jewish organizations and causes • Human services • Health • Education • Children and youth • Cultural programs • Religious institutions
How do I apply for a grant from I Waldbaum Family Foundation?
**Grant Activity (2023):** • Total grants made: 44 grants • Total giving: $880,000 • Grant range: $150–$158,700 • Notable 2023 grantees include: • Jewish National Fund: $152,000 • Friends of the Israel Defense Forces: $80,000 • The Jewish Museum: $35,000 The foundation made additional grants totaling $539,150 to 19 other organizations in 2023.
Where does I Waldbaum Family Foundation make grants?
The foundation supports nonprofit organizations in New York, with emphasis on the New York City metropolitan area. Geographic focus areas also include Arizona, Florida, and Texas.
What size grants does I Waldbaum Family Foundation award?
In 2024, I Waldbaum Family Foundation awarded 51 grants totaling $880K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is I Waldbaum Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, I Waldbaum Family Foundation reported a distributable amount of $464K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is I Waldbaum Family Foundation's EIN?
I Waldbaum Family Foundation's EIN (Employer Identification Number) is 13-6145916. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in I Waldbaum Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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