The Paestum Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $51.0M in total assets. In 2024, it awarded 1 grants totaling $100K. Net investment income was $5.5M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$51.0M
+10.6% YoY
Annual Giving
$100K
Grant Count
1
Avg Grant Size
$100K
About The Paestum Foundation Inc
Based on IRS filings
The Paestum Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $51.0M in total assets. In 2024, it awarded 1 grants totaling $100K. Net investment income was $5.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $50,962,437 | $46,090,111 | $41,083,020 |
| Revenue | $5,947,533 | $6,331,873 | $1,713,131 |
| Expenses | $1,075,207 | $469,022 | $621,971 |
| Qualifying Distributions | $197,946 | $3,825,096 | $2,451,228 |
| Net Investment Income | $5,523,440 | $5,064,107 | $1,141,180 |
| Distributable Amount | $2,437,910 | $1,817,603 | $2,151,496 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL HECHT | DIRECTOR/SECRETARY/TREASURER | 1.5 | — |
| JOHN SILBERMAN | DIRECTOR/PRESIDENT | 1 | — |
| CLIFFORD ROSS | DIRECTOR/CHAIRMAN | 1 | — |
| JESSICA SOOJIAN | DIRECTOR/VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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