Maimonides Foundation Inc
Maimonides Foundation Inc is a private foundation, based in Roseland, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grant totaling $70.0M. Net investment income was $1.6M.
Maimonides Foundation Inc at a glance
In short: Maimonides Foundation Inc gave $70.0M across 1 grant in 2024 (avg $70.0M), mostly in New Jersey. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $70,000,000
- +34900.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $70,000,000
- +34900.0% vs 2023
- Median grant
- $70,000,000
- Total assets
- $2,425,512
- -91.6% vs 2023
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Maimonides Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was NSN Foundation Inc ($70.0M).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 1 grant of 3 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Maimonides Foundation Inc gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $100 (2022) to $70.0M (2024). In 2024 it made 1 grant totaling $70.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NSN Foundation Inc Roseland, NJ | For the general fund of the charity. | $70,000,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,425,512 | $43,560,762 | $70,049,303 | $70,000,000 | 1 | $70,000,000 | $1,612,793 | $1,533,019 |
| 2023 | $28,908,852 | $28,058,173 | $200,858 | $200,000 | 1 | $200,000 | $58,123 | $105,583 |
| 2022 | $1,051,537 | $1,001,672 | $135 | $100 | 1 | $100 | $1,660 | $4,489 |
| 2021 | $50,000 | $50,000 | — | — | — | — | — | $13 |
Under IRS private-foundation payout rules, Maimonides Foundation Inc reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Maimonides Foundation Inc is led by Kenneth J Slutsky, Director & President on every filing since 2021; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kenneth J Slutsky
Director & President
On filings since 2021
0.1 hrs/week
No compensation reported
David Mills
Director, Vice President & Secretary
On filings since 2021
0.1 hrs/week
No compensation reported
John Berger
Director, Vice President & Treasurer
On filings since 2021
0.1 hrs/week
No compensation reported
Maimonides Funding LLC
Member
On filings since 2021
0.2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 Maimonides Foundation Inc
How much does Maimonides Foundation Inc give each year?
Maimonides Foundation Inc gave $70.0M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $200K across 1 grant.
How large is Maimonides Foundation Inc?
Maimonides Foundation Inc reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $70.0M in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets).
Where does Maimonides Foundation Inc operate?
Maimonides Foundation Inc has awarded grants in New Jersey, New York.
What is Maimonides Foundation Inc's EIN?
Maimonides Foundation Inc's EIN (Employer Identification Number) is 87-3652199. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Maimonides Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Maimonides Foundation Inc's focus areas in our free grants database
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