Max Gruber Foundation Inc

WESTBURY, NY EIN: 11-6021912

Max Gruber Foundation Inc is a private foundation, based in WESTBURY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 19 grants totaling $114K. Net investment income was $61K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-8.8% YoY

Annual Giving

$114K

-3.4% YoY

Grant Count

19

+11.8% YoY

Avg Grant Size

$6K

-13.6% YoY

Under IRS private-foundation payout rules, Max Gruber Foundation Inc reported a distributable amount of $103K for 2024 — the minimum it must pay out in qualifying distributions.

About Max Gruber Foundation Inc

Based on IRS filings

Max Gruber Foundation Inc is a private foundation, based in WESTBURY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 19 grants totaling $114K. Net investment income was $61K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

Albert LeaBaltimoreBoca RatonBooneBostonBronxDallasDelray BeachFairfieldFrankfortFrederickHagerstownHoustonKennesawMemphisMiamiNew YorkOklahoma CityRockville CentreWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$76K$152K$228K$303K20202021202220232024
Metric202420232022
Total Assets$1,714,154$1,880,506$1,959,887
Revenue$109,256$54,290$67,205
Expenses$275,901$133,770$137,721
Qualifying Distributions$114,250$118,250$122,296
Net Investment Income$61,361$39,607$53,379
Distributable Amount$102,587$98,010$99,510

Giving Over Time

Total grant dollars and number of grants per year

$0$31K$61K$92K$122K11 grants202019 grants202119 grants202217 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HADASSAH$25KJEWISH FEDERATION OF SOU…$12KFRIENDS OF ISRAEL DEFENS…$10KAMERICAN FRIENDS OF MAGE…$10KJEWISH NATIONAL FUND$8KUNIVERSITY OF MIAMI MEDI…$7KINTERNATIONAL RESCUE COM…$5KPEF ISRAEL ENDOWMENT FUN…$5KAMERICAN RED CROSS$5KAMERICAN CANCER SOCIETY$5K

Grant Size Distribution

85 grants across all recorded years

85<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hadassah ($25,000), Jewish Federation of South Palm Beach ($12,000), Friends of Israel Defense Forces ($10,000).

RecipientPurposeAmount
SPECIAL OLYMPICS WASHINGTON, DCCHARITABLE$2,000
NATIONAL PARKINSON FOUNDATION MIAMI, FLMEDICAL$2,000
DELRAY HOSPITAL DELRAY BEACH, FLMEDICAL$2,000
FEED THE CHILDREN OKLAHOMA CITY, OKCHARITABLE$2,000
ALBERT EINSTEIN COLLEGE OF MEDICINE BRONX, NYMEDICAL$2,000
ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TNCHARITABLE$3,000
NEW YORK PRESBYTERIAN NEW YORK, NYMEDICAL$3,000
BOCA RATON HOSPITAL BOCA RATON, FLMEDICAL$3,000
FEEDING AMERICA WASHINGTON, DCCHARITABLE$3,000
INTERNATIONAL RESCUE COMMITTEE ALBERT LEA, MNCHARITABLE$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PHILIP GRUBERPRES. & DIRECTOR1
JAMES P LEVINV.P. & DIRECTOR1

Frequently Asked Questions

How large is Max Gruber Foundation Inc?

As of 2024, Max Gruber Foundation Inc holds $1.7M in total assets with $109K in annual revenue. It awarded 19 grants totaling $114K in 2024.

Where does Max Gruber Foundation Inc operate?

Max Gruber Foundation Inc has awarded grants in Connecticut, District of Columbia, Florida, Georgia, Iowa, Kentucky, Massachusetts, Maryland, Minnesota, New York, Oklahoma, Tennessee, Texas.

What size grants does Max Gruber Foundation Inc award?

In 2024, Max Gruber Foundation Inc awarded 19 grants totaling $114K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Max Gruber Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Max Gruber Foundation Inc reported a distributable amount of $103K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Max Gruber Foundation Inc's EIN?

Max Gruber Foundation Inc's EIN (Employer Identification Number) is 11-6021912. IRS Form 990 filing data is available on this page for 2020–2024.

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

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