Posnick Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $426K in total assets. In 2024, it awarded 13 grants totaling $28K. Net investment income was $93K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$426K
+20.1% YoY
Annual Giving
$28K
+6.3% YoY
Grant Count
13
+30.0% YoY
Avg Grant Size
$2K
-18.2% YoY
About Posnick Family Foundation
Based on IRS filings
Posnick Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $426K in total assets. In 2024, it awarded 13 grants totaling $28K. Net investment income was $93K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $426,424 | $354,982 | $319,118 |
| Revenue | $92,703 | $41,466 | $14,956 |
| Expenses | $33,169 | $37,122 | $31,814 |
| Qualifying Distributions | $28,200 | $26,525 | $31,814 |
| Net Investment Income | $92,703 | $41,466 | $14,956 |
| Distributable Amount | — | $17,326 | $21,868 |
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
133 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various Donations or Less ($5,950), World Central Kitchen ($5,000), Lubavitcher Yeshiva Acad ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DIRECT RELIEF SANTA BARBARA, CA | GENERAL SUPPORT | $1,000 |
| DISABLED AMERICAN VETERANS TRUST ERLANGER, KY | GENERAL SUPPORT | $1,000 |
| FEEDING AMERICA WASHINGTON, DC | GENERAL SUPPORT | $2,000 |
| INTERNATIONAL RESCUE COMMITTEE ALBERT LEA, MN | GENERAL SUPPORT | $3,000 |
| AMERICAN JEWISH JOINT DISTRIB NEW YORK, NY | GENERAL SUPPORT | $2,000 |
| NATL LAW ENFORCEMENT WASHINGTON, DC | GENERAL SUPPORT | $700 |
| PEF ISRAEL ENDOWMENT FUND NEW YORK, NY | GENERAL SUPPORT | $1,000 |
| RACHELS TABLE SPRINGFIELD, MA | GENERAL SUPPORT | $750 |
| SHRINERS HOSPITAL SPRINGFIELD SPRINGFIELD, MA | GENERAL SUPPORT | $1,000 |
| WORLD CENTRAL KITCHEN WASHINGTON, DC | GENERAL SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL POSNICK | PRESIDENT, DIRECTOR | 1 | — |
| NOAM WAKSMAN | TREASURER | 1 | — |
| BETSY POSNICK WAKSMAN | CLERK | 1 | — |
| SUSAN POSNICK | DIRECTOR | 1 | — |
| DAVID WAKSMAN | DIRECTOR | 1 | — |
| NANCY POSNICK | DIRECTOR | 1 | — |
| REBECCA ABRAMSON | DIRECTOR | 1 | — |
| JOSHUA POSNICK | DIRECTOR | 1 | — |
| IDAN WAKSMAN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Posnick Family Foundation?
Posnick Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDFORD, MA. It holds $426K in total assets as of 2024.
How large is Posnick Family Foundation?
As of 2024, Posnick Family Foundation holds $426K in total assets with $93K in annual revenue. It awarded 13 grants totaling $28K in 2024.
Where does Posnick Family Foundation operate?
Posnick Family Foundation has awarded grants in California, District of Columbia, Georgia, Illinois, Kentucky, Massachusetts, Maryland, Minnesota, New York, Texas, Utah, Vermont.
What size grants does Posnick Family Foundation award?
In 2024, Posnick Family Foundation awarded 13 grants totaling $28K — an average of about $2K per grant, based on its IRS Form 990 filings.
What is Posnick Family Foundation's EIN?
Posnick Family Foundation's EIN (Employer Identification Number) is 65-1068212. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Posnick Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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