Mashkin Family Foundation Inc

Private foundation · Grantmaker Boca Raton, FL EIN: 20-0432330

Mashkin Family Foundation Inc is a private foundation, based in Boca Raton, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.3M in total assets. In 2025, it awarded 7 grants totaling $164K. Net investment income was $358K.

Key facts about Mashkin Family Foundation Inc

In short: Mashkin Family Foundation Inc gave $164K across 7 grants in 2025 (avg $23K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
20-0432330
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$164,292
Grants made (2025)
7
Average grant
$23,470
Median grant
$17,000
Total assets
$2,262,540
Primary geography
Florida (86% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.3M

+7.9% YoY

Annual Giving

$164K

-4.7% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$23K

-18.3% YoY

Under IRS private-foundation payout rules, Mashkin Family Foundation Inc reported a distributable amount of $169K for 2025 — the minimum it must pay out in qualifying distributions.

How Mashkin Family Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (+18%). Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

4states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

Boca RatonSunriseWest Palm BeachNew YorkColchesterDelray BeachPlantationWashingtonCoral GablesPalm Beach GardensTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K9 grants2020 9 grants2021 7 grants2022 6 grants2023 6 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $99K (2023) to $172K (2024). In 2025 it made 7 grants totaling $164K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Boca Raton Regional Hospital Foundation: $51KBoca Raton Regional HospitalFoundation$51KBoca Raton Museum of Art: $50KBoca Raton Museum of Art$50KWeizmann Institute of Science: $20KWeizmann Institute of Science$20KAmerican Heart Association: $17KAmerican Heart Association$17KJAFCO Jewish Adoption & Foster Care Options: $16KJAFCO Jewish Adoption & FosterCare Options$16KBascom Palmer Eye Institute: $8KBascom Palmer Eye Institute$8KCongregation Ahavath Achim: $2KCongregation Ahavath Achim$2K

The largest 2025 recipient was Boca Raton Regional Hospital Foundation ($51K). Together the top 7 received $164K.

Grant Size Distribution

35 grants across all recorded years

28<$50K7$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 28 grants of 35 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Boca Raton Regional Hospital Foundation Boca Raton, FLUnrestricted donations$50,950
Boca Raton Museum of Art Boca Raton, FLUnrestricted donations$50,200
Weizmann Institute of Science New York, NYUnrestricted donations$20,000
American Heart Association West Palm Beach, FLUnrestricted donations$17,000
JAFCO Jewish Adoption & Foster Care Options Sunrise, FLUnrestricted donations$15,500
Bascom Palmer Eye Institute Plantation, FLUnrestricted donations$8,400
Congregation Ahavath Achim Colchester, CTUnrestricted donations$2,242

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,262,540$2,097,712$2,022,981
Revenue$360,685$285,783$130,910
Expenses$167,610$176,190$102,533
Qualifying Distributions$164,570$172,399$99,268
Net Investment Income$357,645$281,992$127,645
Distributable Amount$169,292$154,728$129,934

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 3, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 21, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 24, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 9, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 9, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Mashkin Family Foundation Inc is led by Karen B Mashkin, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Karen B Mashkin

    President & Treasurer

    On filings since 2020

    15 hrs/week

    No compensation reported

  • Judy Rosenzweig

    Secretary

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Marty S Schuster

    Vice President

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Mashkin Family Foundation Inc

How much does Mashkin Family Foundation Inc give each year?

Mashkin Family Foundation Inc gave $164K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $172K across 6 grants.

What is Mashkin Family Foundation Inc's typical grant size?

Mashkin Family Foundation Inc's median grant in 2025 was $17,000, and its average grant was $23,470, across 7 grants on its 2025 IRS Form 990-PF.

Where does Mashkin Family Foundation Inc give grants?

Mashkin Family Foundation Inc gives mostly in Florida: 86% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (12%). The most frequent recipient cities were Boca Raton, FL (2 grants).

Does Mashkin Family Foundation Inc give general operating support?

Yes: 100% of Mashkin Family Foundation Inc's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Mashkin Family Foundation Inc's largest grantees?

Mashkin Family Foundation Inc's largest 2025 grantees include Boca Raton Regional Hospital Foundation ($50,950), Boca Raton Museum of Art ($50,200) and Weizmann Institute of Science ($20,000), according to its 2025 IRS Form 990-PF. Together they received 74% of its itemized 2025 grant dollars.

How large is Mashkin Family Foundation Inc?

Mashkin Family Foundation Inc reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $165K in qualifying distributions that year, against a required minimum of $169K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Mashkin Family Foundation Inc's EIN?

Mashkin Family Foundation Inc's EIN (Employer Identification Number) is 20-0432330. IRS Form 990 filing data is available on this page for 2020–2025.

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

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