NB Affordable Foundation Inc
NB Affordable Foundation Inc is a private foundation, based in Suffern, NY. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $350 in total assets.
NB Affordable Foundation Inc at a glance
- Total assets
- $350
- -30.0% vs 2021
- Expenses (2022)
- $150
- -92.5% vs 2021
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated September 2026.
Who NB Affordable Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How NB Affordable Foundation Inc gives
- In 2021 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
In 2021 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Food Bank of Eastern Michigan Flint, MI | Charitable Donation | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2022 | $350 | — | $150 | — | — | — | $21 |
| 2021 | $500 | $2,500 | $2,000 | $2,000 | 1 | $2,000 | $25 |
Under IRS private-foundation payout rules, NB Affordable Foundation Inc reported a distributable amount of $21 for 2022 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
NB Affordable Foundation Inc is led by Fredrick Schulman, President on the 2022 filing — the only officer listed, and uncompensated.
Officers on the 2022 filing
Fredrick Schulman
President
New on the 2022 filing
No compensation reported
Former officers (1)
- Former: Moshe Silber (2021) — President
Data from IRS Form 990 filings, 2021–2022. "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 NB Affordable Foundation Inc
How large is NB Affordable Foundation Inc?
NB Affordable Foundation Inc reported $350 in total assets on its 2022 IRS Form 990-PF.
Where does NB Affordable Foundation Inc operate?
NB Affordable Foundation Inc has awarded grants in Michigan.
How much is NB Affordable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, NB Affordable Foundation Inc reported a distributable amount of $21 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is NB Affordable Foundation Inc's EIN?
NB Affordable Foundation Inc's EIN (Employer Identification Number) is 85-3221621. IRS Form 990 filing data is available on this page for 2021–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2022
Live grants for the work NB Affordable Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in NB Affordable Foundation Inc's focus areas in our free grants database
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Assets
—
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