Jerome & Barbara Ackerman Foundation
Jerome & Barbara Ackerman Foundation is a private foundation, based in Great Neck, NY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $275K. Net investment income was $3K.
Key facts about Jerome & Barbara Ackerman Foundation
In short: Jerome & Barbara Ackerman Foundation gave $275K across 3 grants in 2023 (avg $92K), mostly in Massachusetts. Source: 2023 IRS Form 990-PF.
- EIN
- 13-6209688
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $274,765
- Grants made (2023)
- 3
- Average grant
- $91,588
- Median grant
- $4,471
- Primary geography
- Massachusetts (98% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$275K
+2496.3% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$92K
+1630.9% YoY
Under IRS private-foundation payout rules, Jerome & Barbara Ackerman Foundation reported a distributable amount of $3K for 2023 — the minimum it must pay out in qualifying distributions.
How Jerome & Barbara Ackerman Foundation gives
- Giving grew 3858% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $6K (2021) to $275K (2023). In 2023 it made 3 grants totaling $275K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
The largest 2023 recipient was Bank of America Charitable Gift Fund ($270K). Together the top 3 received $275K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 8 grants of 9 (89%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bank of America Charitable Gift Fund Boston, MA | Education and Religion | $270,044 |
| Temple Israel of Great Neck Great Neck, NY | Education and Religion | $4,471 |
| Vigilant Engine Hook & Ladder Great Neck, NY | Education and Religion | $250 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $273,447 | $290,869 |
| Revenue | $3,295 | $8,978 | $16,204 |
| Expenses | $275,350 | $16,513 | $11,930 |
| Qualifying Distributions | $274,765 | $12,375 | $8,009 |
| Net Investment Income | $2,710 | $5,487 | $12,283 |
| Distributable Amount | $3,208 | $13,449 | $13,386 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
Jerome & Barbara Ackerman Foundation's 2023 filing lists 2 officers; none of the 2 officers listed in 2023 report compensation.
Officers on the 2023 filing
Barbara Ackerman
Trustee
On filings since 2020
5 hrs/week
No compensation reported
Jerome Ackerman
Trustee
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Jerome & Barbara Ackerman Foundation
How much does Jerome & Barbara Ackerman Foundation give each year?
Jerome & Barbara Ackerman Foundation gave $275K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $11K across 2 grants.
What is Jerome & Barbara Ackerman Foundation's typical grant size?
Jerome & Barbara Ackerman Foundation's median grant in 2023 was $4,471, and its average grant was $91,588, across 3 grants on its 2023 IRS Form 990-PF.
Where does Jerome & Barbara Ackerman Foundation give grants?
Jerome & Barbara Ackerman Foundation gives mostly in Massachusetts: 98% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Great Neck, NY (2 grants).
Does Jerome & Barbara Ackerman Foundation give general operating support?
Not in 2023: none of the 3 grants with a stated purpose on Jerome & Barbara Ackerman Foundation's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education and Religion" (3 grants).
How much is Jerome & Barbara Ackerman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Jerome & Barbara Ackerman Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jerome & Barbara Ackerman Foundation's EIN?
Jerome & Barbara Ackerman Foundation's EIN (Employer Identification Number) is 13-6209688. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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