Raymond & Gertrude R Saltzman Foundation
The raymond & gertrude r. Saltzman foundation (the "foundation") is a supporting organization of the jewish federation of southern New Jersey. It is established to help qualifying recipients through grants in accordance with the wishes of ruth saltzman, while preserving and ideally growing the foundation's assets so that future generations can continue to benefit from mrs. Saltzman's generosity, in perpetuity. The foundation encourages members of the community to create similar foundations in support of the federation's mission.
Key facts about Raymond & Gertrude R Saltzman Foundation
In short: Raymond & Gertrude R Saltzman Foundation gave $3.5M across 7 grants in 2024 (avg $495K), mostly in New Jersey. Source: 2024 IRS Form 990.
- EIN
- 22-2199368
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $3,464,858
- Grants made (2024)
- 7
- Average grant
- $494,980
- Median grant
- $173,400
- Total assets
- $113,709,545
- Primary geography
- New Jersey (99% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$113.7M
+7.0% YoY
Annual Giving
$3.5M
-6.5% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$495K
+6.8% YoY
How Raymond & Gertrude R Saltzman Foundation gives
- Giving grew 33% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Raymond & Gertrude R Saltzman Foundation
Based on IRS filings
Raymond & Gertrude R Saltzman Foundation is a public charity, based in Cherry Hill, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $113.7M in total assets. In 2024, it awarded 7 grants totaling $3.5M. Net investment income was $6.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.6M (2021) to $3.7M (2023). In 2024 it made 7 grants totaling $3.5M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Jewish Federation of Southern New Jersey ($2.7M). Together the top 7 received $3.5M.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 15 grants of 33 (45%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Federation of Southern New Jersey Cherry Hill, NJ | General Support | $2,726,208 |
| Politz School Cherry Hill, NJ | General Support | $258,750 |
| SJF-CCRC Voorhees, NJ | General Support | $250,000 |
| Kellman Brown Academy Voorhees, NJ | General Support | $173,400 |
| Camp Gan Israel Cherry Hill, NJ | General Support | $27,500 |
| B'nai B'rith Youth Organization Washington, DC | General Support | $20,000 |
| Foxman Torah Institute Cherry Hill, NJ | General Support | $9,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $113,709,545 | $106,235,039 | $95,963,009 |
| Revenue | $6,473,249 | $2,782,986 | $3,580,029 |
| Expenses | $3,974,772 | $4,629,318 | $3,310,831 |
| Net Investment Income | $6,473,249 | $2,782,986 | $3,579,954 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 26, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 26, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 2, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 25, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Raymond & Gertrude R Saltzman Foundation is led by Vicki Zell, Secretary & Executive Director since 2022 (on filings since 2020); 1 of 10 officers listed in 2024 is compensated.
Officers on the 2024 filing
Vicki Zell
Secretary & Executive Director
Secretary → Secretary & Executive Director, 2022
On filings since 2020
27 hrs/week
$90K (2020) → $155K (2024)
Arthur Abramowitz
President
President-Elect → President, 2021
On filings since 2020
7 hrs/week
No compensation reported
Glenn Fuhrman
Trustee
On filings since 2020
7 hrs/week
No compensation reported
Andi Levin
Trustee
On filings since 2021
2 hrs/week
No compensation reported
David Butler
Trustee
On filings since 2022
2 hrs/week
No compensation reported
Jeff Gottlieb
Trustee
On filings since 2022
2 hrs/week
No compensation reported
Betty Adler
Vice President
Trustee → Vice President, 2022
On filings since 2020
2 hrs/week
No compensation reported
Harvey Shapiro
Treasurer
President → Treasurer, 2021
On filings since 2020
7 hrs/week
No compensation reported
Richard Goldstein
Vice President
On filings since 2020
2 hrs/week
No compensation reported
Robert Schwartz
Vice President
Trustee → Vice President, 2021
On filings since 2020
2 hrs/week
No compensation reported
Former officers (3)
- Former: Alan Wechsler (2020–2021) — Trustee
- Former: Donald Love (2020) — Vice President & Treasurer
- Former: Janine Sobel (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $155K, to Vicki Zell (Secretary and Exec. DIR.).
Frequently asked questions about Raymond & Gertrude R Saltzman Foundation
How much does Raymond & Gertrude R Saltzman Foundation give each year?
Raymond & Gertrude R Saltzman Foundation gave $3.5M across 7 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.7M across 8 grants.
What is Raymond & Gertrude R Saltzman Foundation's typical grant size?
Raymond & Gertrude R Saltzman Foundation's median grant in 2024 was $173,400, and its average grant was $494,980, across 7 grants on its 2024 IRS Form 990.
Where does Raymond & Gertrude R Saltzman Foundation give grants?
Raymond & Gertrude R Saltzman Foundation gives mostly in New Jersey: 99% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Cherry Hill, NJ (4 grants) and Voorhees, NJ (2 grants).
Does Raymond & Gertrude R Saltzman Foundation give general operating support?
Yes: 100% of Raymond & Gertrude R Saltzman Foundation's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990.
Who are Raymond & Gertrude R Saltzman Foundation's largest grantees?
Raymond & Gertrude R Saltzman Foundation's largest 2024 grantees include Jewish Federation of Southern New Jersey ($2,726,208), Politz School ($258,750) and SJF-CCRC ($250,000), according to its 2024 IRS Form 990. Together they received 93% of its itemized 2024 grant dollars.
How large is Raymond & Gertrude R Saltzman Foundation?
Raymond & Gertrude R Saltzman Foundation reported $113.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $6.5M.
What is Raymond & Gertrude R Saltzman Foundation's EIN?
Raymond & Gertrude R Saltzman Foundation's EIN (Employer Identification Number) is 22-2199368. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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