Michael & Florence Edelstein

Private foundation · Grantmaker New York, NY EIN: 20-2417292

Michael & Florence Edelstein is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. Net investment income was $48.

Michael & Florence Edelstein at a glance

Total assets
$14,277
+0.3% vs 2023
Revenue (2024)
$48
-20.0% vs 2023
Net investment income (2024)
$48
-20.0% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Michael & Florence Edelstein funds

How this funder distributes its grants

Grant Size Distribution

74 grants across all recorded years

67<$50K4$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 67 grants of 74 (91%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

New YorkBrooklynWashingtonWesthampton BeachPhiladelphiaCoconut CreekLanhamWest NyackDallasLas VegasLos AngelesMerrifieldMonseySan FranciscoWarringtonYorktown Heights

How Michael & Florence Edelstein gives

  • Giving fell 98% from 2020 to 2023. Method
  • In 2023 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

$0$200K$400K$600K$800K35 grants2020 19 grants2021 18 grants2022 2 grants2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $18K (2023) to $768K (2020). In 2023 it made 2 grants totaling $18K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Colel Chabad Brooklyn, NYOrganization That Contribution Was Approved by the Foundation$18,200
National Breast Cancer Research Center New York, NYOrganization That Contribution Was Approved by the Foundation$100
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$14,277$48————$48$701
2023$14,229$60$17,300$18,3002$17,300$60$739
2022$31,469$50,030$54,030$54,03018$54,030$30$1,257
2021$35,469$100,002$110,515$110,69519$110,495$2$980
2020$45,982$754,641$768,435$768,43535—$1,463$2,402

Under IRS private-foundation payout rules, Michael & Florence Edelstein reported a distributable amount of $701 for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Michael & Florence Edelstein's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Florence Edelstein

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Edelstein

    Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Michael & Florence Edelstein

How large is Michael & Florence Edelstein?

Michael & Florence Edelstein reported $14K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $48.

Where does Michael & Florence Edelstein operate?

Michael & Florence Edelstein has awarded grants in California, District of Columbia, Florida, Maryland, Nevada, New York, Pennsylvania, Texas, Virginia.

How much is Michael & Florence Edelstein required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael & Florence Edelstein reported a distributable amount of $701 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael & Florence Edelstein's EIN?

Michael & Florence Edelstein's EIN (Employer Identification Number) is 20-2417292. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Michael & Florence Edelstein's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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