Ray Schoenbaum Memorial Fund
Ray Schoenbaum Memorial Fund is a private foundation, based in NORFOLK, VA. IRS filing data is available for 2020. In 2020, it awarded 31 grants totaling $681K. Net investment income was $248K.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$681K
Grant Count
31
Avg Grant Size
$22K
Under IRS private-foundation payout rules, Ray Schoenbaum Memorial Fund reported a distributable amount of $18K for 2020 — the minimum it must pay out in qualifying distributions.
About Ray Schoenbaum Memorial Fund
Based on IRS filings
Ray Schoenbaum Memorial Fund is a private foundation, based in NORFOLK, VA. IRS filing data is available for 2020. In 2020, it awarded 31 grants totaling $681K. Net investment income was $248K.
Ready to take the next step with Ray Schoenbaum Memorial Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| Total Assets | — |
| Revenue | $252,582 |
| Expenses | $690,461 |
| Qualifying Distributions | — |
| Net Investment Income | $247,899 |
| Distributable Amount | $17,532 |
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 2020
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest include Access College Foundation ($125,000), United Jewish Community of the Penn ($100,000), Access College Foundation ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 92ND STREET Y NEW YORK, NY | PARENTING CENTER | $25,000 |
| ACCESS COLLEGE FOUNDATION NORFOLK, VA | EDUCATION | $125,000 |
| ACCESS COLLEGE FOUNDATION NORFOLK, VA | EDUCATION | $75,000 |
| AMERICAN INDIAN COLLEGE FUND DENVER, CO | EDUCATION | $35,000 |
| BOYS & GIRLS CLUB OF S E VIRGINI VIRGINIA BEACH, VA | YOUTH | $30,000 |
| BOYS & GIRLS CLUB OF S E VIRGINIA VIRGINIA BEACH, VA | YOUTH | $10,000 |
| BOYS & GIRLS CLUBS OF THE VA PENN NEWPORT NEWS, VA | YOUTH | $10,000 |
| COMMUNITY FREE CLINIC OF NEWPORT NE NEWPORT NEWS, VA | UNRESTRICTED | $20,000 |
| OHEF SHALOM TEMPLE NORFOLK, VA | CAPITAL | $500 |
| ELIZABETH RIVER PROJECT NORFOLK, VA | UNRESTRICTED | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYNN SCHOENBAUM | TRUSTEE | 0.2 | — |
| BERNICE SCHOENBAUM | TRUSTEE | 0.2 | — |
Frequently Asked Questions
Where does Ray Schoenbaum Memorial Fund operate?
Ray Schoenbaum Memorial Fund has awarded grants in Colorado, New York, Virginia.
What size grants does Ray Schoenbaum Memorial Fund award?
In 2020, Ray Schoenbaum Memorial Fund awarded 31 grants totaling $681K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Ray Schoenbaum Memorial Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, Ray Schoenbaum Memorial Fund reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ray Schoenbaum Memorial Fund's EIN?
Ray Schoenbaum Memorial Fund's EIN (Employer Identification Number) is 54-6074938. IRS Form 990 filing data is available on this page for 2020.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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