The Herbert and Lorraine Podell
The Herbert and Lorraine Podell is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29K in total assets. In 2024, it awarded 11 grants totaling $39K. Net investment income was $44K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29K
+24.3% YoY
Annual Giving
$39K
-29.1% YoY
Grant Count
11
+83.3% YoY
Avg Grant Size
$4K
-61.3% YoY
Under IRS private-foundation payout rules, The Herbert and Lorraine Podell reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
About The Herbert and Lorraine Podell
Based on IRS filings
The Herbert and Lorraine Podell is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29K in total assets. In 2024, it awarded 11 grants totaling $39K. Net investment income was $44K.
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 | $29,215 | $23,511 | $40,857 |
| Revenue | $44,404 | $40,776 | $2,247 |
| Expenses | $38,700 | $58,122 | $3,000 |
| Qualifying Distributions | $38,700 | $54,800 | $3,000 |
| Net Investment Income | $44,404 | $37,454 | $2,247 |
| Distributable Amount | $22,179 | $17,424 | $18,067 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Afmda ($25,000), East Hampton Library ($5,162), Cystic Fibrosis Foundation ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE PAP CORPS Deerfield Beach, FL | UNRESTRICTED GRANT | $250 |
| JEWISH FEDERATION OF PALM BEACH COUNTY WEST PALM BEACH, FL | UNRESTRICTED GRANT | $1,800 |
| INSIGHT THROUGH EDUCATION PALM BEACH GARDENS, FL | UNRESTRICTED GRANT | $838 |
| CYSTIC FIBROSIS FOUNDATION PALM BEACH, FL | UNRESTRICTED GRANT | $2,000 |
| AFMDA NEW YORK, NY | UNRESTRICTED GRANT | $25,000 |
| FIDA IDAHO SPRINGS, CO | UNRESTRICTED GRANT | $1,800 |
| EAST HAMPTON LIBRARY East Hampton, NY | UNRESTRICTED GRANT | $5,162 |
| FRIENDS OF THE IDF NEW YORK, NY | UNRESTRICTED GRANT | $600 |
| ALPERT JEWISH FAMILY SERVICES WEST PALM BEACH, FL | UNRESTRICTED GRANT | $100 |
| HOW FOUNDATION TULSA, OK | UNRESTRICTED GRANT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HERBERT PODELL | DIRECTOR | 1 | — |
| Lorraine Podell | director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Herbert and Lorraine Podell?
The Herbert and Lorraine Podell is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. It holds $29K in total assets as of 2024.
How large is The Herbert and Lorraine Podell?
As of 2024, The Herbert and Lorraine Podell holds $29K in total assets with $44K in annual revenue. It awarded 11 grants totaling $39K in 2024.
Where does The Herbert and Lorraine Podell operate?
The Herbert and Lorraine Podell has awarded grants in Colorado, Florida, Maryland, New York, Oklahoma.
What size grants does The Herbert and Lorraine Podell award?
In 2024, The Herbert and Lorraine Podell awarded 11 grants totaling $39K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Herbert and Lorraine Podell required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Herbert and Lorraine Podell reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Herbert and Lorraine Podell's EIN?
The Herbert and Lorraine Podell's EIN (Employer Identification Number) is 13-3798538. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Herbert and Lorraine Podell'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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