Renee and Gerald Silverstein Foundation Inc

LAKEWOOD, NJ EIN: 81-3815797

Renee and Gerald Silverstein Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, NJ. IRS filing data is available for 2020. As of 2020, the organization holds $1.9M in total assets. In 2020, it awarded 1 grants totaling $20K. Net investment income was $73K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$1.9M

Annual Giving

$20K

Grant Count

Avg Grant Size

$20K

Under IRS private-foundation payout rules, Renee and Gerald Silverstein Foundation Inc reported a distributable amount of $100K for 2020 — the minimum it must pay out in qualifying distributions.

About Renee and Gerald Silverstein Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $20K (100%)

States

New Jersey

Cities

Edison

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	$1,886,420
Revenue	$96,107
Expenses	$58,487
Qualifying Distributions	—
Net Investment Income	$72,620
Distributable Amount	$100,357

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2020

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Rabbi Pesach Raymon Yeshiva ($20,000).

Recipient	Purpose	Amount
RABBI PESACH RAYMON YESHIVA EDISON, NJ	SCHOLARSHIP FOR NEEDY INDIVIDUALS	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
GERALD SILVERSTEIN	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Renee and Gerald Silverstein Foundation Inc?

Renee and Gerald Silverstein Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, NJ. It holds $1.9M in total assets as of 2020.

How large is Renee and Gerald Silverstein Foundation Inc?

As of 2020, Renee and Gerald Silverstein Foundation Inc holds $1.9M in total assets with $96K in annual revenue. It awarded 1 grants totaling $20K in 2020.

Where does Renee and Gerald Silverstein Foundation Inc operate?

Renee and Gerald Silverstein Foundation Inc has awarded grants in New Jersey.

What size grants does Renee and Gerald Silverstein Foundation Inc award?

In 2020, Renee and Gerald Silverstein Foundation Inc awarded 1 grants totaling $20K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Renee and Gerald Silverstein Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Renee and Gerald Silverstein Foundation Inc reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Renee and Gerald Silverstein Foundation Inc's EIN?

Renee and Gerald Silverstein Foundation Inc's EIN (Employer Identification Number) is 81-3815797. IRS Form 990 filing data is available on this page for 2020.