Posnick Family Foundation
The Posnick Family Foundation is a private foundation based in Medford, Massachusetts. Its 2025 filing reports 11 grants totaling $23,050, all listed for general support.
Posnick Family Foundation at a glance
In short: Posnick Family Foundation gave $23K across 11 grants in 2025 (avg $2K), mostly in Massachusetts. 55% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $23,050
- -18.3% vs 2024
- Grants made (2025)
- 11
- -15.4% vs 2024
- Average grant
- $2,095
- -3.4% vs 2024
- Median grant
- $2,000
- Total assets
- $447,827
- +5.0% vs 2024
- New grantees (estimate)
- 55% first-time grantees (6 of 11, 2025; small sample)
- Primary geography
- Massachusetts (54% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Posnick Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 49 Stanley Ave, Medford, MA 02155
Phone: (781) 864-6414
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Posnick Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Various Donationa or Less ($7K). Together the top 10 received $22K.
Grant Size Distribution
120 grants across all recorded years
The most common grant size was under $50K: 120 grants of 120 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 54% of grant dollars went to recipients in Massachusetts, 20% to the District of Columbia, 13% to New York, 9% to Minnesota, and 4% to Kentucky.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
Is Posnick Family Foundation open to new grantees?
55%
first-time grantees, 2025
In 2025, 6 of 11 grantees (55%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $3K; repeat grants $2K. How we count
Medians: $2K first-time, $1K repeat.
- 27% of 2025 grantees were also funded in 2024. Method
- Giving fell 22% from 2022 to 2025. Method
- In 2023 it paid out 153% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $23K (2025) to $40K (2021). In 2025 it made 11 grants totaling $23K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various Donationa or Less Medford, MA | General Support | $6,850 |
| Lubavitcher Yeshiva Academy Longmeadow, MA | General Support | $3,000 |
| Feeding America Washington, DC | General Support | $2,000 |
| International Resuce Committee Albert Lea, MN | General Support | $2,000 |
| Joint Distribution Committee New York, NY | General Support | $2,000 |
| World Kitchen Washington, DC | General Support | $2,000 |
| Springfield Boys and Girls Springfield, MA | General Support | $1,500 |
| Disabled Amer Veterans Covington, KY | General Support | $1,000 |
| PEF Israel Endowment Fund New York, NY | General Support | $1,000 |
| Shriners Hospital of Springfield Springfield, MA | General Support | $1,000 |
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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 | $447,827 | $60,173 | $23,525 | $23,050 | 11 | $23,050 | $60,173 | — |
| 2024 | $426,424 | $92,703 | $33,169 | $28,200 | 13 | $28,200 | $92,703 | — |
| 2023 | $354,982 | $41,466 | $37,122 | $26,525 | 10 | $26,525 | $41,466 | $17,326 |
| 2022 | $319,118 | $14,956 | $31,814 | $29,375 | 38 | $31,814 | $14,956 | $21,868 |
| 2021 | $334,976 | $30,564 | $43,550 | $39,700 | 48 | — | $28,914 | $23,195 |
| 2020 | $347,962 | $1,601 | $35,950 | $32,600 | 24 | — | — | $20,063 |
| 2019 | $382,311 | $890 | $36,696 | $28,200 | 45 | — | — | $20,512 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In filing year 2025, the foundation awarded 11 grants totaling $23,050. Grant amounts ranged from $700 to $6,850, with a median grant of $2,000. Notable grants included $6,850 to “VARIOUS DONATIONA OR LESS” in Medford; $3,000 to Lubavitcher Yeshiva Academy; and $2,000 each to Feeding America, International Rescue Committee, Joint Distribution Committee, and World Kitchen. Each of these grants was listed for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Michael Posnick as president and director; Noam Waksman as treasurer; and Betsy Posnick Waksman as clerk. It also lists Susan Posnick, David Waksman, Nancy Posnick, Rebecca Abramson, Joshua Posnick, and Idan Waksman as directors.
Posnick Family Foundation is led by Michael Posnick, President & Director since 2023 (on filings since 2019); none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Posnick
President & Director
President → President & Director, 2023
On filings since 2019
1 hr/week
No compensation reported
David Waksman
Director
On filings since 2019
1 hr/week
No compensation reported
Nancy Posnick
Director
Treasurer → Director, 2023
On filings since 2019
1 hr/week
No compensation reported
Susan Posnick
Director
On filings since 2023
1 hr/week
No compensation reported
Idan Waksman
Director
On filings since 2024
1 hr/week
No compensation reported
Joshua Posnick
Director
On filings since 2024
1 hr/week
No compensation reported
Rebecca Abramson
Director
On filings since 2024
1 hr/week
No compensation reported
Betsy Posnick Waksman
Clerk
Vice President → Clerk & Director, 2023
Clerk & Director → Clerk, 2024
On filings since 2019
1 hr/week
No compensation reported
Noam Waksman
Treasurer
Treasurer & Director → Treasurer, 2024
On filings since 2023
1 hr/week
No compensation reported
Former officers (1)
- Former: Susan Posnick Melton (2019–2022) — Secretary
Data from IRS Form 990 filings, 2019–2025. "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 Posnick Family Foundation
How much does Posnick Family Foundation give each year?
Posnick Family Foundation gave $23K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $28K across 13 grants.
What is Posnick Family Foundation's typical grant size?
Posnick Family Foundation's median grant in 2025 was $2,000, and its average grant was $2,095, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Posnick Family Foundation that year got $3K on average.
Where does Posnick Family Foundation give grants?
Posnick Family Foundation gives mostly in Massachusetts: 54% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (20%) and New York (13%). The most frequent recipient cities were Washington, DC (3 grants), New York, NY (2 grants) and Springfield, MA (2 grants).
Does Posnick Family Foundation give general operating support?
Yes: 100% of Posnick Family Foundation's 2025 grants with a stated purpose (11 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Posnick Family Foundation's largest grantees?
Posnick Family Foundation's largest 2025 grantees include Various Donationa or Less ($6,850), Lubavitcher Yeshiva Academy ($3,000) and Feeding America ($2,000), according to its 2025 IRS Form 990-PF. Together they received 51% of its itemized 2025 grant dollars.
How large is Posnick Family Foundation?
Posnick Family Foundation reported $448K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $60K.
How do I apply for a grant from Posnick Family Foundation?
The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Does Posnick Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 17, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 29, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Posnick Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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