Strausman Family Fund Inc is a private foundation focused on Education, based in GREAT NECK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 136 grants totaling $103K. Net investment income was $811K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+48.1% YoY
Annual Giving
$103K
-0.5% YoY
Grant Count
136
+3.8% YoY
Avg Grant Size
$756.566
-4.1% YoY
Under IRS private-foundation payout rules, Strausman Family Fund Inc reported a distributable amount of $178K for 2024 — the minimum it must pay out in qualifying distributions.
About Strausman Family Fund Inc
Based on IRS filings
Strausman Family Fund Inc is a private foundation focused on Education, based in GREAT NECK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 136 grants totaling $103K. Net investment income was $811K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,892,846 | $1,953,877 | $1,916,862 |
| Revenue | $1,047,112 | $145,130 | $39,854 |
| Expenses | $108,143 | $108,115 | $147,927 |
| Qualifying Distributions | $105,643 | $105,865 | $117,537 |
| Net Investment Income | $811,332 | $42,848 | $37,604 |
| Distributable Amount | $177,850 | $120,652 | $127,454 |
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 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Afya Foundation ($1,000), American Friends Service ($1,000), Ddi Developemental Disabilities Institute ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADELPHI UNIVERSITY FUND GARDEN CITY, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $250 |
| AFYA FOUNDATION YONKERS, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $1,000 |
| ALBERT EINSTEIN COLLEGE BRONX, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $100 |
| AMERICAN CIVIL LIBERTIES UNION FOUNDATION (ACLU) NEW YORK, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $250 |
| AMERICAN COMMITTEE FOR SHAARE NEW YORK, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $100 |
| AMERICAN FOUNDATION FOR AIDS NEW YORK, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $100 |
| AMERICAN FOUNDATION FOR THE BLIND NEW YORK, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $100 |
| AMERICAN FRIENDS SERVICE PHILADELPHIA, PA | TO FURTHER DONEE'S EXEMPT PURPOSE | $1,000 |
| AMERICAN ISRAEL FRIENDSHIP LEAGUE NEW YORK, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $100 |
| AMERICAN JEWISH COMMITTEE NEW YORK, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE STRAUSMAN | PRESIDENT | 0.25 | — |
| SAMUEL STRAUSMAN | VICE-PRES. | 0.25 | — |
| SUSAN RIETTI | TREASURER | 0.25 | — |
| DAVID STRAUSMAN | SECRETARY | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Strausman Family Fund Inc?
Strausman Family Fund Inc is a private foundation focused on Education, based in GREAT NECK, NY. It holds $2.9M in total assets as of 2024.
How large is Strausman Family Fund Inc?
As of 2024, Strausman Family Fund Inc holds $2.9M in total assets with $1.0M in annual revenue. It awarded 136 grants totaling $103K in 2024.
Where does Strausman Family Fund Inc operate?
Strausman Family Fund Inc has awarded grants in Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Kentucky, Massachusetts, Michigan, New York, Oklahoma, Pennsylvania, Tennessee, Utah, Virginia.
What size grants does Strausman Family Fund Inc award?
In 2024, Strausman Family Fund Inc awarded 136 grants totaling $103K — an average of about $756.566 per grant, based on its IRS Form 990 filings.
How much is Strausman Family Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Strausman Family Fund Inc reported a distributable amount of $178K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Strausman Family Fund Inc's EIN?
Strausman Family Fund Inc's EIN (Employer Identification Number) is 11-2587343. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Strausman Family Fund Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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