Jerome & Barbara Ackerman Foundation

GREAT NECK, NY EIN: 13-6209688

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.

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.

About Jerome & Barbara Ackerman Foundation

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BostonGreat Neck

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$76K$151K$227K$303K2020202120222023
Metric202320222021
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

Giving Over Time

Total grant dollars and number of grants per year

$0$69K$137K$206K$275K2 grants20202 grants20212 grants20223 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

BANK OF AMERICA CHARITAB…$270KTEMPLE ISRAEL OF GREAT N…$4KVIGILANT ENGINE HOOK & L…$250

Grant Size Distribution

9 grants across all recorded years

8<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Bank of America Charitable Gift Fund ($270,044), Temple Israel of Great Neck ($4,471), Vigilant Engine Hook & Ladder ($250).

RecipientPurposeAmount
TEMPLE ISRAEL OF GREAT NECK GREAT NECK, NYEDUCATION AND RELIGION$4,471
VIGILANT ENGINE HOOK & LADDER GREAT NECK, NYEDUCATION AND RELIGION$250
BANK OF AMERICA CHARITABLE GIFT FUND BOSTON, MAEDUCATION AND RELIGION$270,044

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
JEROME ACKERMANTRUSTEE5
BARBARA ACKERMANTRUSTEE5

Frequently Asked Questions

Where does Jerome & Barbara Ackerman Foundation operate?

Jerome & Barbara Ackerman Foundation has awarded grants in Massachusetts, New York.

What size grants does Jerome & Barbara Ackerman Foundation award?

In 2023, Jerome & Barbara Ackerman Foundation awarded 3 grants totaling $275K — an average of about $92K per grant, based on its IRS Form 990 filings.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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