The Paestum Foundation Inc
The Paestum Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $56.9M in total assets. In 2025, it made $3.9M in qualifying distributions. Net investment income was $6.2M.
Key facts about The Paestum Foundation Inc
- EIN
- 13-4082016
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $56,933,288
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$56.9M
+11.7% YoY
Revenue
$6.5M
+10.0% YoY
Qualifying Distributions
$3.9M
+1886.6% YoY
Expenses
$573K
-46.8% YoY
Under IRS private-foundation payout rules, The Paestum Foundation Inc reported a distributable amount of $2.5M for 2025 — the minimum it must pay out in qualifying distributions.
How The Paestum Foundation Inc gives
- Giving fell 94% from 2021 to 2024. Method
- In 2025 it paid out 155% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $100K (2024) to $1.7M (2021). In 2024 it made 1 grant totaling $100K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $500K–1M range: 2 grants of 3 (67%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $56,933,288 | $50,962,437 | $46,090,111 |
| Revenue | $6,543,369 | $5,947,533 | $6,331,873 |
| Expenses | $572,518 | $1,075,207 | $469,022 |
| Qualifying Distributions | $3,932,309 | $197,946 | $3,825,096 |
| Net Investment Income | $6,216,421 | $5,523,440 | $5,064,107 |
| Distributable Amount | $2,533,079 | $2,437,910 | $1,817,603 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Paestum Foundation Inc is led by John Silberman, Director & President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
John Silberman
Director & President
On filings since 2020
1 hr/week
No compensation reported
Clifford Ross
Director & Chairman
On filings since 2024
1 hr/week
No compensation reported
Michael Hecht
Director, Secretary & Treasurer
On filings since 2020
1.5 hrs/week
No compensation reported
Jessica Soojian
Director & Vice President
On filings since 2024
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Paestum Foundation Inc
How large is The Paestum Foundation Inc?
The Paestum Foundation Inc reported $56.9M in total assets on its 2025 IRS Form 990-PF. It paid out $3.9M in qualifying distributions that year, against a required minimum of $2.5M (roughly 5% of its investment assets).
Where does The Paestum Foundation Inc operate?
The Paestum Foundation Inc has awarded grants in Connecticut, New York, Ohio.
What is The Paestum Foundation Inc's EIN?
The Paestum Foundation Inc's EIN (Employer Identification Number) is 13-4082016. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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