Michael & Florence Edelstein
Michael & Florence Edelstein is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Key facts about Michael & Florence Edelstein
- EIN
- 20-2417292
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $14,277
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Is Michael & Florence Edelstein open to new grantees?
33%
first-time grantees, 2022
In 2022, 6 of 18 grantees (33%) were first-time recipients. First grants averaged $633; repeat grants $4K. How we count
Medians: $750 first-time, $200 repeat.
- 39% of 2022 grantees were also funded in 2021. Method
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2022). 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 Michael & Florence Edelstein
- How to evaluate Michael & Florence Edelstein as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14K
Revenue
$48
Net Investment Income
$48
Expenses
—
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.
About Michael & Florence Edelstein
Based on IRS filings
Michael & Florence Edelstein is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
Ready to take the next step with Michael & Florence Edelstein?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $14,277 | $31,469 | $35,469 |
| Revenue | $48 | $50,030 | $100,002 |
| Expenses | — | $54,030 | $110,515 |
| Qualifying Distributions | — | $54,030 | $110,495 |
| Net Investment Income | $48 | $30 | $2 |
| Distributable Amount | $701 | $1,257 | $980 |
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 0 recipients in 2024
Grant Size Distribution
72 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Edelstein | Director | — | — |
| Florence Edelstein | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michael & Florence Edelstein?
Michael & Florence Edelstein is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $14K in total assets as of 2024.
How large is Michael & Florence Edelstein?
As of 2024, Michael & Florence Edelstein holds $14K in total assets with $48 in annual revenue.
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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.