Pressman Family Foundation

Private foundation · Grantmaker Pennington, NJ EIN: 81-6975785

Pressman Family Foundation is a private foundation, based in Pennington, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 7 grants totaling $73K. Net investment income was $196K.

Pressman Family Foundation at a glance

In short: Pressman Family Foundation gave $73K across 7 grants in 2025 (avg $10K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$72,580
+52.4% vs 2024
Grants made (2025)
7
-12.5% vs 2024
Average grant
$10,369
+74.2% vs 2024
Median grant
$2,500
Total assets
$1,021,499
+12.3% vs 2024
Primary geography
Indiana (83% 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 Pressman Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Iu (Indiana University) Foundation: $60KIu (Indiana University)Foundation$60KNew York Shakespeare Festival: $3KNew York Shakespeare Festival$3KRoundabout Theater Company: $3KRoundabout Theater Company$3KLong Beach Island Foundation: $3KLong Beach Island Foundation$3KBeth Haverim: $2KBeth Haverim$2KLincoln Center Theater: $1KLincoln Center Theater$1KThe Marlene Meyerson JCC in Manhattan: $850The Marlene Meyerson JCC inManhattan$850

The largest 2025 recipient was Iu (Indiana University) Foundation ($60K). Together the top 7 received $73K.

Grant Size Distribution

36 grants across all recorded years

35<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 35 grants of 36 (97%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

New YorkBloomingtonMahwahLoveladiesFranklin LakesNew Hyde ParkShip BottomBostonPort TownsendSeattleSuffernWashingtonWest Nyack

How Pressman Family Foundation gives

  • Giving grew 408% from 2022 to 2025. Method
  • In 2025 it paid out 156% 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

$0$20K$40K$60K$80K9 grants2019 10 grants2020 8 grants2021 8 grants2022 5 grants2023 8 grants2024 7 grants2025

From 2019 to 2025, annual grant giving ranged from $14K (2022) to $73K (2025). In 2025 it made 7 grants totaling $73K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Iu (Indiana University) Foundation Bloomington, INUnrestricted General$60,000
New York Shakespeare Festival New York, NYUnrestricted General$3,000
Roundabout Theater Company New York, NYUnrestricted General$3,000
Long Beach Island Foundation Loveladies, NJUnrestricted General$2,500
Beth Haverim Mahwah, NJUnrestricted General$2,000
Lincoln Center Theater New York, NYUnrestricted General$1,230
The Marlene Meyerson JCC in Manhattan New York, NYUnrestricted General$850
Your AI grants department

Ready to take the next step with Pressman Family Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,021,499$205,300$94,275$72,5807$85,221$196,218$54,729
2024$909,787$33,882$65,373$47,6308$55,586$24,511$54,860
2023$942,151$54,487$51,945$31,7705$37,307$39,924$48,735
2022$939,473$47,652$28,555$14,3008$20,879$40,933$48,114
2021$920,489$75,868$72,636$55,1728$62,255$66,237$53,988
2020$917,257$60,621$61,140$48,50010—$52,265$48,609
2019$918,594$31,605$62,122$44,4509—$23,473$49,123

Under IRS private-foundation payout rules, Pressman Family Foundation reported a distributable amount of $55K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Pressman Family Foundation is led by Kim Pressman, Trustee on every filing since 2019 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Kim Pressman

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

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 Pressman Family Foundation

How much does Pressman Family Foundation give each year?

Pressman Family Foundation gave $73K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $48K across 8 grants.

What is Pressman Family Foundation's typical grant size?

Pressman Family Foundation's median grant in 2025 was $2,500, and its average grant was $10,369, across 7 grants on its 2025 IRS Form 990-PF.

Where does Pressman Family Foundation give grants?

Pressman Family Foundation gives mostly in Indiana: 83% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (11%) and New Jersey (6%). The most frequent recipient cities were New York, NY (4 grants).

Does Pressman Family Foundation give general operating support?

Yes: 100% of Pressman Family Foundation's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Pressman Family Foundation's largest grantees?

Pressman Family Foundation's largest 2025 grantees include Iu (Indiana University) Foundation ($60,000), New York Shakespeare Festival ($3,000) and Roundabout Theater Company ($3,000), according to its 2025 IRS Form 990-PF. Together they received 91% of its itemized 2025 grant dollars.

How large is Pressman Family Foundation?

Pressman Family Foundation reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $85K in qualifying distributions that year, against a required minimum of $55K (roughly 5% of its investment assets).

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 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 3, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS June 18, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 28, 2023)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 7, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 22, 2024)

Explore Open Grants

Browse active grant opportunities in Pressman Family Foundation's focus areas in our free grants database

Similar Funders

Similar funders in New Jersey

The Robert Wood Johnson Foundation

Princeton, NJ

The Robert Wood Johnson Foundation funds efforts to improve health and health equity in the United States, including systems change addressing structural barriers to health. In 2024, its grants ranged from $125 to $12.15 million, with a median of $40,000. It typically funds through targeted programs and partnerships; whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$13.4B

Grants

3,093

Total Given

$622.6M

Community Foundation of New Jersey

Morristown, NJ

The Community Foundation of New Jersey supports a broad range of causes, including arts, education, health, human services, and the environment, through donor-directed and other charitable funds. Its 2024 itemized grants had a median of $19,759, with awards ranging widely; its current health grant opportunity serves Morris and Somerset counties. Eligible New Jersey nonprofits may apply to specific grant opportunities, subject to each opportunity’s guidelines.

Assets

$1.0B

Grants

1,321

Total Given

$93.8M

Crane Fund for Widows and Children

Englewood Cliffs, NJ

The Crane Fund for Widows and Children supports charitable organizations, including those working in healthcare and social services, children’s services, recreation, and basic needs, with grants across multiple states. Its 2024 grants ranged from $2,000 to $45,000, with a median of $4,500; it funds only preselected organizations and does not accept unsolicited requests.

Assets

$1.6M

Grants

985

Total Given

$4.5M

The Hyde and Watson Foundation

Warren Township, NJ

The Hyde and Watson Foundation funds capital projects in human services, education, health, arts and culture, and the environment. Most awards are $5,000–$20,000, with a 2024 median of $10,000, for eligible nonprofits in New York City and Essex, Morris, and Union counties in New Jersey. It accepts applications through an online portal during its stated application periods; the profile does not say whether it accepts unsolicited requests.

Assets

$88.2M

Grants

611

Total Given

$6.1M

Princeton Area Community Foundation Inc

Princeton, NJ

The foundation supports nonprofits and community programs in areas such as basic needs, education, health, housing, arts, and the environment, with competitive grants focused on under-resourced communities and women and girls. Its 2024 grants had a median of $15,000, and its discretionary grantmaking primarily serves Mercer County and nearby parts of New Jersey and eastern Bucks County, Pennsylvania. The profile describes competitive programs but does not state whether unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$279.6M

Grants

515

Total Given

$31.3M

Oceanfirst Foundation

Toms River, NJ

OceanFirst Foundation funds nonprofits working in health and wellness, housing, youth development and education, economic stability, quality of life, and higher education in communities served by OceanFirst Bank. In 2025 it awarded grants of $50 to $55,000, with a median of $2,200. It does not limit giving to preselected organizations; prospective applicants are directed to contact the foundation to discuss fit before applying through its online portal.

Philanthropy, Voluntarism & Grantmaking

Assets

$6.1M

Grants

425

Total Given

$1.6M

More similar funders

More Funders in New Jersey

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Pressman Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Pressman Family Foundation down — hundreds of funders to go?

Want AI to do this for you?