Sussman Family Foundation

FAR HILLS, NJ EIN: 13-3634386

The Sussman Family Foundation is a private foundation established in 1992 and based in Far Hills, New Jersey. It operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic giving across multiple sectors and geographic regions.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$404K

-3.1% YoY

Annual Giving

$235K

+19.4% YoY

Grant Count

46

+7.0% YoY

Avg Grant Size

$5K

+11.7% YoY

Under IRS private-foundation payout rules, Sussman Family Foundation reported a distributable amount of $134K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary purpose is to support other organizations through contributions. Its funding priorities include:

  • Arts and culture
  • Education
  • Health and diseases/conditions
  • Human services
  • Philanthropy, voluntarism, and grantmaking

The foundation has demonstrated particular commitment to breast cancer research through the Sussman Family Fund at Memorial Sloan Kettering Cancer Center, which has supported research advances over more than two decades.

Grantmaking

Recent grants include:

Grant Range

approximately $20,000

Average Grant

approximately $20,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple U.S. states and regions, including:

  • New Jersey
  • New York
  • California
  • Texas
  • Illinois
  • Florida
  • Maryland
  • District of Columbia
  • And additional states including Alabama, Connecticut, Indiana, Louisiana, Montana, North Carolina, Utah, and Virginia

Grant Distribution by State

16states
+8 more states

Cities

BedminsterBound BrookBozemanBronxChicagoDallasDurhamFairfaxFairfield TownshipFar HillsFlemingtonHamilton TownshipHillsideIndianapolisIthacaKanabLewistownMiamiMontgomeryMorristown

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2025):

  • Total Assets: $404,078–$417,098
  • Total Revenue: $224,567–$263,668
  • Total Expenses: $233,601–$276,688
  • Total Liabilities: $0

Staffing: The foundation operates with no employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$80K$159K$239K$319K20212022202320242025
Metric202520242023
Total Assets$404,078$417,098$426,132
Revenue$263,668$224,567$211,801
Expenses$276,688$233,601$226,457
Qualifying Distributions$254,081$213,355$209,101
Net Investment Income$234,870$238,064$194,211
Distributable Amount$133,988$112,466$93,964

Giving Over Time

Total grant dollars and number of grants per year

$0$59K$118K$176K$235K51 grants202143 grants202243 grants202343 grants202446 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

CORNELL UNIVERSITY ILR$26KMEMORIAL SLOAN KETTERING…$25KWEILL CORNELL MEDICAL CO…$25KFOUNDATION FOR MORRISTOW…$15KPLANNED PARENTHOOD ACTIO…$15KPLANNED PARENTHOOD OF NO…$10KNEW YORK HISTORICAL SOCI…$8KENTERTAINMENT COMMUNITY …$6KAMERICANS UNITED FOR SEP…$5KCENTRAL PARK CONSERVANCY$5K

Grant Size Distribution

225 grants across all recorded years

225<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Cornell University Ilr ($26,000), Memorial Sloan Kettering Cancer Center ($25,000), Weill Cornell Medical College ($25,000).

RecipientPurposeAmount
ALVIN AILEY DANCE FOUNDATION NEW YORK, NYGENERAL PURPOSE$2,500
AMERICANS UNITED FOR SEPARATION OF CHURCH AND STATE WASHINGTON, DCGENERAL PURPOSE$5,000
ANTI-DEFAMATION LEAGUE NEW YORK, NYGENERAL PURPOSE$2,500
BEST FRIENDS ANIMAL SOCEITY KANAB, UTGENERAL PURPOSE$2,500
CENTRAL PARK CONSERVANCY NEW YORK, NYGENERAL PURPOSE$5,000
CENTURION MINISTRIES PRINCETON, NJGENERAL PURPOSE$5,000
CHILDREN'S RIGHTS INC NEW YORK, NYGENERAL PURPOSE$2,500
COMMUNITY FOODBANK OF NJ HILLSIDE, NJGENERAL PURPOSE$2,500
CORNELL UNIVERSITY ILR ITHACA, NYGENERAL PURPOSE$26,000
ENTERTAINMENT COMMUNITY FUND NEW YORK, NYGENERAL PURPOSE$5,500

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by trustees:

  • Bernard M. Sussman
  • Phyllis Sussman

Both trustees serve without compensation.

The foundation's work has been shaped by the Sussman family's personal experience with breast cancer, particularly the loss of Ruth Sussman at age 46, which inspired the family's sustained commitment to cancer research funding.

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
BERNARD M SUSSMANTRUSTEE1
PHYLLIS SUSSMANTRUSTEE1

Recent News & Activity

Recent developments and announcements

The Sussman Family Fund continues to support breast cancer research at Memorial Sloan Kettering Cancer Center. Recent research initiatives funded by the foundation include studies on immunotherapy enhancement, metastasis prevention, and related breakthrough treatments in breast cancer care.

Frequently Asked Questions

What does Sussman Family Foundation fund?

The foundation's primary purpose is to support other organizations through contributions. Its funding priorities include: • Arts and culture • Education • Health and diseases/conditions • Human services • Philanthropy, voluntarism, and grantmaking The foundation has demonstrated particular commitment to breast cancer research through the Sussman Family Fund at Memorial Sloan Kettering Cancer Center, which has supported research advances over more than two decades.

How do I apply for a grant from Sussman Family Foundation?

**Grant Characteristics:** • Typical award range: $100–$26,000 • Average grant size: approximately $20,000 • The foundation makes general purpose grants to qualified organizations **Recent Grant Activity:** Recent grants include: • Memorial Sloan Kettering Cancer Center: $25,000 (2025) • Foundation for Morristown Medical Center: $15,000 (2025) • Planned Parenthood Advocates for DC Maryland and Nova: $15,000 (2025) The foundation made 34 grants totaling approximately $235,100 in its most recent …

Where does Sussman Family Foundation make grants?

The foundation supports organizations across multiple U.S. states and regions, including: • New Jersey • New York • California • Texas • Illinois • Florida • Maryland • District of Columbia • And additional states including Alabama, Connecticut, Indiana, Louisiana, Montana, North Carolina, Utah, and Virginia

What size grants does Sussman Family Foundation award?

In 2025, Sussman Family Foundation awarded 46 grants totaling $235K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Sussman Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Sussman Family Foundation reported a distributable amount of $134K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sussman Family Foundation's EIN?

Sussman Family Foundation's EIN (Employer Identification Number) is 13-3634386. IRS Form 990 filing data is available on this page for 2021–2025.

Explore Open Grants

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

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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