The Frances Reichman Charitable Trust
The Frances Reichman Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREAT NECK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 13 grants totaling $308K. Net investment income was $94K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-15.6% YoY
Annual Giving
$308K
+0.3% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$24K
+0.3% YoY
Under IRS private-foundation payout rules, The Frances Reichman Charitable Trust reported a distributable amount of $128K for 2024 — the minimum it must pay out in qualifying distributions.
About The Frances Reichman Charitable Trust
Based on IRS filings
The Frances Reichman Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREAT NECK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 13 grants totaling $308K. Net investment income was $94K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,224,342 | $1,451,142 | $1,613,414 |
| Revenue | $101,870 | $170,710 | $247,046 |
| Expenses | $328,670 | $332,608 | $314,715 |
| Qualifying Distributions | $321,137 | $319,896 | $307,530 |
| Net Investment Income | $94,337 | $157,998 | $239,861 |
| Distributable Amount | $127,788 | $128,907 | $137,216 |
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
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shadow Artists Inc ($40,000), Damon Runyon Cancer Research Foundation ($35,000), Qsac Inc ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF THE HEBREW UNIVERSITY NEW YORK, NY | GENERAL PURPOSES | $25,000 |
| ARTHRITIS NATIONAL RESEARCH FOUNDATION IRVINE, CA | GENERAL PURPOSES | $25,000 |
| BETH MEDROSH F MONSEY MONSEY, NY | GENERAL PURPOSES | $16,000 |
| DAMON RUNYON CANCER RESEARCH FOUNDATION NEW YORK, NY | GENERAL PURPOSES | $35,000 |
| DIABETES RESEARCH INSTITUTE FOUNDATION HOLLYWOOD, FL | GENERAL PURPOSES | $25,000 |
| FISHER CENTER FOR ALZHEIMER'S RESEARCH FOUNDATION NEW YORK, NY | GENERAL PURPOSES | $25,000 |
| FRESH AIR FUND NEW YORK, NY | GENERAL PURPOSES | $12,500 |
| HOLOCAUST MEMORIAL & TOLERANCE CENTER GLEN COVE, NY | GENERAL PURPOSES | $10,000 |
| JEWISH THEOLOGICAL SEMINARY NEW YORK, NY | GENERAL PURPOSES | $25,000 |
| KIWANIS OF PARKWAY EAST STATEN ISLAND, NY | GENERAL PURPOSES | $9,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEL A PORETSKY | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Frances Reichman Charitable Trust?
The Frances Reichman Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREAT NECK, NY. It holds $1.2M in total assets as of 2024.
How large is The Frances Reichman Charitable Trust?
As of 2024, The Frances Reichman Charitable Trust holds $1.2M in total assets with $102K in annual revenue. It awarded 13 grants totaling $308K in 2024.
Where does The Frances Reichman Charitable Trust operate?
The Frances Reichman Charitable Trust has awarded grants in California, Florida, New Jersey, New York.
What size grants does The Frances Reichman Charitable Trust award?
In 2024, The Frances Reichman Charitable Trust awarded 13 grants totaling $308K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is The Frances Reichman Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frances Reichman Charitable Trust reported a distributable amount of $128K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Frances Reichman Charitable Trust's EIN?
The Frances Reichman Charitable Trust's EIN (Employer Identification Number) is 35-7045651. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Frances Reichman Charitable Trust'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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