The Herman & Jerry Finkelstein Fdn

PHILADELPHIA, PA EIN: 23-7690111

The Herman & Jerry Finkelstein Fdn is a private foundation, based in PHILADELPHIA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $695K in total assets. In 2024, it awarded 20 grants totaling $43K. Net investment income was $46K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$695K

-1.3% YoY

Annual Giving

$43K

-7.8% YoY

Grant Count

20

+53.8% YoY

Avg Grant Size

$2K

-40.1% YoY

Under IRS private-foundation payout rules, The Herman & Jerry Finkelstein Fdn reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.

About The Herman & Jerry Finkelstein Fdn

Based on IRS filings

The Herman & Jerry Finkelstein Fdn is a private foundation, based in PHILADELPHIA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $695K in total assets. In 2024, it awarded 20 grants totaling $43K. Net investment income was $46K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

Bala CynwydBergenfieldBryn MawrCoaopolisElk Grove VillageFlushingMelrose ParkNew YorkNew York CityOn RequestPenn ValleyPhiladelphiaPort Jefferson StationUniversity ParkWarringtonWashingtonWynnewoodWynwood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22K$45K$67K$90K2021202220232024
Metric202420232022
Total Assets$694,626$703,892$734,078
Revenue$70,649$47,349$70,815
Expenses$79,915$77,535$81,520
Qualifying Distributions$46,872$49,529$49,738
Net Investment Income$46,399$29,243$39,033
Distributable Amount$41,436$44,798$50,383

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$23K$35K$46K10 grants202112 grants202213 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MACCABI USA SPORTS OF IS…$5KPENN STATE JEWISH STUDIES$5KAISH PHILADELPHIA$3KJACK M BARRACK HEBREW AC…$3KTRUSTEES OF THE UNIVERSI…$3KISRAEL GUIDE DOG CENTER …$3KUNIVERSITY OF PENNSYLVAN…$3KNEW YORK LAW SCHOOL$2KTEMPLE HAR ZION$2KAMERICAN FRIENDS OF THE …$2K

Grant Size Distribution

55 grants across all recorded years

55<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Maccabi Usa Sports of Israel ($5,400), Penn State Jewish Studies ($5,000), Aish Philadelphia ($3,000).

RecipientPurposeAmount
AISH PHILADELPHIA BALA CYNWYD, PAFOR UNRESTRICTED USE OF RECIPIENT$3,000
BOYS TOWN JERUSALEM FOUNDATION OF AMERICA NEW YORK, NYFOR UNRESTRICTED USE OF RECIPIENT$1,000
IMPACT 100 PHILADELPHIA WYNWOOD, PAFOR UNRESTRICTED USE OF RECIPIENT$1,150
ISRAEL GUIDE DOG CENTER FOR THE BLIND WARRINGTON, PAFOR UNRESTRICTED USE OF RECIPIENT$2,500
JACK M BARRACK HEBREW ACADEMY BRYN MAWR, PAFOR UNRESTRICTED USE OF RECIPIENT$3,000
MACCABI USA SPORTS OF ISRAEL PHILADELPHIA, PAFOR UNRESTRICTED USE OF RECIPIENT$5,400
PENN STATE JEWISH STUDIES UNIVERSITY PARK, PAFOR UNRESTRICTED USE OF RECIPIENT$5,000
TEMPLE HAR ZION PENN VALLEY, PAFOR UNRESTRICTED USE OF RECIPIENT$1,800
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PAFOR UNRESTRICTED USE OF RECIPIENT$3,000
UNIVERSITY OF PENNSYLVANIA LAW SCHOOL PHILADELPHIA, PAFOR UNRESTRICTED USE OF RECIPIENT$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARK I RABINOWITZ ESQTRUSTEE0.1
PAUL AUERBACH ESQTRUSTEE0.1

Frequently Asked Questions

How large is The Herman & Jerry Finkelstein Fdn?

As of 2024, The Herman & Jerry Finkelstein Fdn holds $695K in total assets with $71K in annual revenue. It awarded 20 grants totaling $43K in 2024.

Where does The Herman & Jerry Finkelstein Fdn operate?

The Herman & Jerry Finkelstein Fdn has awarded grants in District of Columbia, Illinois, New Jersey, New York, Pennsylvania.

What size grants does The Herman & Jerry Finkelstein Fdn award?

In 2024, The Herman & Jerry Finkelstein Fdn awarded 20 grants totaling $43K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Herman & Jerry Finkelstein Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Herman & Jerry Finkelstein Fdn reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Herman & Jerry Finkelstein Fdn's EIN?

The Herman & Jerry Finkelstein Fdn's EIN (Employer Identification Number) is 23-7690111. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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