Pressman Family Foundation
Pressman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $910K in total assets. In 2024, it awarded 8 grants totaling $48K. Net investment income was $25K.
Key facts about Pressman Family Foundation
- EIN
- 81-6975785
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $47,630
- Grants made (2024)
- 8
- Average grant
- $5,954
- Median grant
- $1,885
- Total assets
- $909,787
- Primary geography
- Indiana (75% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Pressman Family Foundation funds
By grant dollars, the top recipient states for Pressman Family Foundation's 8 itemized 2024 grants were Indiana (75%), New York (12%) and New Jersey (12%). The most frequent recipient cities were New York, NY (4 grants). 100% of grants with a stated purpose were for general or operating support.
How Pressman Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (−14%). Method
- In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Pressman Family Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$910K
-3.4% YoY
Annual Giving
$48K
+49.9% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$6K
-6.3% YoY
Under IRS private-foundation payout rules, Pressman Family Foundation reported a distributable amount of $55K for 2024 — the minimum it must pay out in qualifying distributions.
About Pressman Family Foundation
Based on IRS filings
Pressman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $910K in total assets. In 2024, it awarded 8 grants totaling $48K. Net investment income was $25K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 8 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $909,787 | $942,151 | $939,473 |
| Revenue | $33,882 | $54,487 | $47,652 |
| Expenses | $65,373 | $51,945 | $28,555 |
| Qualifying Distributions | $55,586 | $37,307 | $20,879 |
| Net Investment Income | $24,511 | $39,924 | $40,933 |
| Distributable Amount | $54,860 | $48,735 | $48,114 |
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 8 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Iu (Indiana University) Foundation ($35,500), Roundabout Theater Company ($3,000), Save Lbi (Save Long Beach Island) ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| IU (INDIANA UNIVERSITY) FOUNDATION Bloomington, IN | UNRESTRICTED GENERAL | $35,500 |
| ROUNDABOUT THEATER COMPANY New York, NY | UNRESTRICTED GENERAL | $3,000 |
| SAVE LBI (SAVE LONG BEACH ISLAND) Ship Bottom, NJ | UNRESTRICTED GENERAL | $3,000 |
| LONG BEACH ISLAND FOUNDATION Loveladies, NJ | UNRESTRICTED GENERAL | $2,500 |
| LINCOLN CENTER THEATER New York, NY | UNRESTRICTED GENERAL | $1,270 |
| RIVERSIDE PARK CONSERVANCY INC New York, NY | UNRESTRICTED GENERAL | $1,000 |
| SOUND EXPERIENCE Port Townsend, WA | UNRESTRICTED GENERAL | $1,000 |
| THE MARLENE MEYERSON JCC IN MANHATTAN New York, NY | UNRESTRICTED GENERAL | $360 |
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 |
|---|---|---|---|
| Kim Pressman | Trustee | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pressman Family Foundation?
Pressman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. It holds $910K in total assets as of 2024.
How large is Pressman Family Foundation?
As of 2024, Pressman Family Foundation holds $910K in total assets with $34K in annual revenue. It awarded 8 grants totaling $48K in 2024.
Where does Pressman Family Foundation operate?
Pressman Family Foundation has awarded grants in District of Columbia, Indiana, New Jersey, New York, Washington.
What size grants does Pressman Family Foundation award?
In 2024, Pressman Family Foundation awarded 8 grants totaling $48K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Pressman Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pressman Family Foundation reported a distributable amount of $55K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pressman Family Foundation's EIN?
Pressman Family Foundation's EIN (Employer Identification Number) is 81-6975785. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.