Norsic Family Foundation Inc
Norsic Family Foundation Inc is a private foundation, based in Southampton, NY. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 2 grants totaling $20K. Net investment income was $54K.
Norsic Family Foundation Inc at a glance
In short: Norsic Family Foundation Inc gave $20K across 2 grants in 2025 (avg $10K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,100
- -50.6% vs 2024
- Grants made (2025)
- 2
- -60.0% vs 2024
- Average grant
- $10,050
- +23.4% vs 2024
- Median grant
- $10,050
- Total assets
- $1,047,103
- +3.2% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Norsic Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Hamptons Collegiate Baseball ($20K). Together the top 2 received $20K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 19 grants of 19 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Norsic Family Foundation Inc gives
- In 2025 it paid out 105% of 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
From 2023 to 2025, annual grant giving ranged from $20K (2025) to $65K (2023). In 2025 it made 2 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hamptons Collegiate Baseball Southampton, NY | Charitable | $20,000 |
| Southampton Fire Department Southampton, NY | Charitable | $100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,047,103 | $66,129 | $73,598 | $20,100 | 2 | $60,100 | $54,204 | $57,103 |
| 2024 | $1,014,625 | $56,222 | $52,384 | $40,710 | 5 | $40,710 | $44,798 | $56,097 |
| 2023 | $1,010,300 | $81,975 | $71,675 | $65,250 | 12 | $65,250 | $75,050 | $48,461 |
| 2022 | $1,000,000 | $1,000,000 | — | — | — | — | — | $1,494 |
Under IRS private-foundation payout rules, Norsic Family Foundation Inc reported a distributable amount of $57K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Norsic Family Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Christopher Zorko
Director
On filings since 2022
No compensation reported
Dawn Schlegel
Director
On filings since 2022
No compensation reported
Emil R. Norsic Jr.
Director
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 Norsic Family Foundation Inc
How much does Norsic Family Foundation Inc give each year?
Norsic Family Foundation Inc gave $20K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $41K across 5 grants.
How large is Norsic Family Foundation Inc?
Norsic Family Foundation Inc reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $60K in qualifying distributions that year, against a required minimum of $57K (roughly 5% of its investment assets).
Where does Norsic Family Foundation Inc operate?
Norsic Family Foundation Inc has awarded grants in North Carolina, New York, Tennessee.
What is Norsic Family Foundation Inc's EIN?
Norsic Family Foundation Inc's EIN (Employer Identification Number) is 92-0292533. IRS Form 990 filing data is available on this page for 2022–2025.
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
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2022–2024
Live grants for the work Norsic Family Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Norsic Family Foundation Inc's focus areas in our free grants database
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