Melvyn & Irene Greenstein
Melvyn & Irene Greenstein is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Miami, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 50 grants totaling $157K. Net investment income was $216K.
Key facts about Melvyn & Irene Greenstein
- EIN
- 65-0882483
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $157,404
- Grants made (2024)
- 50
- Average grant
- $3,148
- Median grant
- $1,000
- New grantees (estimate)
- 54% first-time grantees (27 of 50, 2024)
- Total assets
- $2,319,584
- Primary geography
- Florida (79% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Melvyn & Irene Greenstein funds
By grant dollars, the top recipient states for Melvyn & Irene Greenstein's 50 itemized 2024 grants were Florida (79%), New York (9%) and New Jersey (5%). The most frequent recipient cities were Miami, FL (7 grants), New York, NY (5 grants), Chicago, IL (2 grants) and Brooklyn, NY (2 grants). None of its 50 grants with a stated purpose were described as general or operating support.
Is Melvyn & Irene Greenstein open to new grantees?
54%
first-time grantees, 2024
In 2024, 27 of 50 grantees (54%) were first-time recipients. First grants averaged $992; repeat grants $6K. How we count
Medians: $750 first-time, $1K repeat.
- 42% of 2024 grantees were also funded in 2023. Method
- Giving grew 24% from 2021 to 2024. Method
- In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Melvyn & Irene Greenstein
- How to evaluate Melvyn & Irene Greenstein as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+4.6% YoY
Annual Giving
$157K
+1.5% YoY
Grant Count
50
+92.3% YoY
Avg Grant Size
$3K
-47.2% YoY
Under IRS private-foundation payout rules, Melvyn & Irene Greenstein reported a distributable amount of $159K for 2024 — the minimum it must pay out in qualifying distributions.
About Melvyn & Irene Greenstein
Based on IRS filings
Melvyn & Irene Greenstein is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Miami, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 50 grants totaling $157K. Net investment income was $216K.
Focus Areas
Ready to take the next step with Melvyn & Irene Greenstein?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 50 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,319,584 | $2,218,479 | $1,809,918 |
| Revenue | $215,855 | $581,144 | $154,746 |
| Expenses | $158,674 | $173,737 | $119,221 |
| Qualifying Distributions | $157,404 | $155,100 | $113,488 |
| Net Investment Income | $215,855 | $181,144 | $148,770 |
| Distributable Amount | $158,906 | $165,011 | $125,269 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
188 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Chabad House of Cutler Bay ($100,760), Support Samar Schools Inc ($10,500), South Florida Jewish Cemetaries Org ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHABAD HOUSE OF CUTLER BAY Cutler Bay, FL | TO HELP FURTHER THE PROGRESS OF THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES | $100,760 |
| SUPPORT SAMAR SCHOOLS INC Miami, FL | TO HELP FURTHER THE PROGRESS OF THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES | $10,500 |
| SOUTH FLORIDA JEWISH CEMETARIES ORG Lake Worth, FL | TO HELP FURTHER THE PROGRESS OF THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES | $5,000 |
| UNITED HATZALAH New York, NY | TO HELP FURTHER THE PROGRESS OF THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES | $5,000 |
| JEWISH SERVICES FOR DEVELOPMENTALLY DISABLED Livingston, NJ | TO HELP FURTHER THE PROGRESS OF THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES | $4,500 |
| CROHN'S & COLITIS FOUNDATION New York, NY | TO HELP FURTHER THE PROGRESS OF THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES | $1,800 |
| ALEPH BETA Inwood, NY | TO HELP FURTHER THE PROGRESS OF THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES | $1,000 |
| ALZHEIMERS ASSOCIATION Chicago, IL | TO HELP FURTHER THE PROGRESS OF THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES | $1,000 |
| BBYO ATLANTA Dunwoody, GA | TO HELP FURTHER THE PROGRESS OF THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES | $1,000 |
| BONE HEALTH AND OSTEOPOROSIS Arlington, VA | TO HELP FURTHER THE PROGRESS OF THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Melvyn Greenstein | President | 5 | — |
| Irene Greenstein | Vice President | 10 | — |
| Jill S Greenstein | Secretary | 2 | — |
| Bruce Greenstein | Treasurer | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Melvyn & Irene Greenstein?
Melvyn & Irene Greenstein is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Miami, FL. It holds $2.3M in total assets as of 2024.
How large is Melvyn & Irene Greenstein?
As of 2024, Melvyn & Irene Greenstein holds $2.3M in total assets with $216K in annual revenue. It awarded 50 grants totaling $157K in 2024.
Where does Melvyn & Irene Greenstein operate?
Melvyn & Irene Greenstein has awarded grants in Alaska, Arizona, California, District of Columbia, Florida, Georgia, Illinois, Kansas, Massachusetts, Maryland, Michigan, Missouri, New Jersey, New York, Tennessee, Texas, Virginia, Wisconsin.
What size grants does Melvyn & Irene Greenstein award?
In 2024, Melvyn & Irene Greenstein awarded 50 grants totaling $157K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Melvyn & Irene Greenstein required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Melvyn & Irene Greenstein reported a distributable amount of $159K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Melvyn & Irene Greenstein's EIN?
Melvyn & Irene Greenstein's EIN (Employer Identification Number) is 65-0882483. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.