The Premselaar Foundation Inc
The Premselaar Foundation Inc is a private foundation based in Rumson, New Jersey. Its 2024 filing reports grants to charitable organizations, including organizations working in social services, religious life, arts and culture, and health.
The Premselaar Foundation Inc at a glance
In short: The Premselaar Foundation Inc gave $27K across 33 grants in 2024 (avg $815.121), mostly in New Jersey. 73% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $26,899
- -49.8% vs 2023
- Grants made (2024)
- 33
- -13.2% vs 2023
- Average grant
- $815
- -42.2% vs 2023
- Median grant
- $185
- Total assets
- $1,059,677
- +1.9% vs 2023
- New grantees (estimate)
- 73% first-time grantees (24 of 33, 2024)
- Primary geography
- New Jersey (78% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Premselaar Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 61 Wardell Avenue, Rumson, NJ 07760
Phone: (732) 274-1144
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Premselaar Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Congregation B'nai Israel ($9K). Together the top 10 received $23K.
Grant Size Distribution
164 grants across all recorded years
The most common grant size was under $50K: 164 grants of 164 (100%).
Geographic Focus
Where this funder awards grants
In 2024, New Jersey recipients received 78% of grant dollars, followed by New York at 14%. Arizona and Pennsylvania each received 2%, and Connecticut received 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 33 itemized grants.
States
Cities
Is The Premselaar Foundation Inc open to new grantees?
73%
first-time grantees, 2024
In 2024, 24 of 33 grantees (73%) were first-time recipients. First grants averaged $630; repeat grants $1K. How we count
Medians: $222 first-time, $159 repeat.
- 24% of 2024 grantees were also funded in 2023. Method
- Giving fell 54% from 2021 to 2024. Method
- In 2024 it paid out 76% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $27K (2024) to $76K (2020). In 2024 it made 33 grants totaling $27K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Congregation B'nai Israel Rumson, NJ | General | $8,735 |
| Charitybuzz New York City, NY | General | $2,700 |
| 180 Turning Lives Around Inc Hazlet, NJ | General | $2,700 |
| Bruce Springsten Archives & Center for Amer Music West Long Branch, NJ | General | $2,350 |
| Lunch Break Red Bank, NJ | General | $1,869 |
| Marc Premselaar Rumson, NJ | General | $1,000 |
| Anne Frank Stichting Rumson, NJ | General | $1,000 |
| The Monmouth Medical Center Foundation Long Branch, NJ | General | $1,000 |
| World Jewish Congress New York, NY | General | $1,000 |
| Monmouth Civic Chorus Inc Red Bank, NJ | General | $625 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,059,677 | $95,540 | $75,731 | $26,899 | 33 | $48,414 | $68,223 | $63,651 |
| 2023 | $1,039,868 | $49,193 | $68,021 | $53,580 | 38 | $57,030 | $38,202 | $58,879 |
| 2022 | $1,058,696 | $69,091 | $83,242 | $67,591 | 25 | $71,739 | $57,588 | $59,818 |
| 2021 | $1,072,847 | $104,443 | $76,920 | $58,812 | 31 | $64,084 | $91,640 | $69,920 |
| 2020 | $1,045,324 | $73,978 | $81,941 | $76,138 | 37 | — | $68,208 | $59,292 |
Under IRS private-foundation payout rules, The Premselaar Foundation Inc reported a distributable amount of $64K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for organizations with varied activities. For example, 180 Turning Lives Around says it empowers survivors and families affected by domestic violence and sexual assault; Lunch Break says it provides food, emergency shelter, clothing, and life-skills support; and the Monmouth Civic Chorus says it presents classical music concerts.
Other 2024 recipients describe work in cancer support and advocacy, hospital care, cancer research, and cemetery maintenance. These are the grantees’ stated missions, not a stated mission or formal focus-area list for the foundation.
Grantmaking
In 2024, the foundation reported 33 grants totaling $26,899. Grants ranged from $22 to $8,735, with a median of $185. Larger grants included Congregation B’Nai Israel ($8,735), Charitybuzz ($2,700), 180 Turning Lives Around Inc ($2,700), Bruce Springsteen Archives & Center for American Music ($2,350), and Lunch Break ($1,869). The filing lists the purposes of these grants as general.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Louis Premselaar as trustee and president; Judith Premselaar as trustee and vice president; and Rachel Presser and Marc Premselaar as trustees.
The Premselaar Foundation Inc is led by Louis Premselaar, Trustee & President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Louis Premselaar
Trustee & President
On filings since 2020
0.3 hrs/week
No compensation reported
Judith Premselaar
Trustee & Vice President
On filings since 2020
0.5 hrs/week
No compensation reported
Marc Premselaar
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Rachel Presser
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Premselaar Foundation Inc
How much does The Premselaar Foundation Inc give each year?
The Premselaar Foundation Inc gave $27K across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $54K across 38 grants.
What is The Premselaar Foundation Inc's typical grant size?
The Premselaar Foundation Inc's median grant in 2024 was $185, and its average grant was $815, across 33 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Premselaar Foundation Inc that year got $630 on average.
Where does The Premselaar Foundation Inc give grants?
The Premselaar Foundation Inc gives mostly in New Jersey: 78% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (14%). The most frequent recipient cities were Rumson, NJ (8 grants), New York, NY (3 grants), Red Bank, NJ (2 grants) and Scottsdale, AZ (2 grants).
Does The Premselaar Foundation Inc give general operating support?
Yes: 100% of The Premselaar Foundation Inc's 2024 grants with a stated purpose (33 of 33) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Premselaar Foundation Inc's largest grantees?
The Premselaar Foundation Inc's largest 2024 grantees include Congregation B'nai Israel ($8,735), Charitybuzz ($2,700) and 180 Turning Lives Around Inc ($2,700), according to its 2024 IRS Form 990-PF. Together they received 53% of its itemized 2024 grant dollars.
How large is The Premselaar Foundation Inc?
The Premselaar Foundation Inc reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $64K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Premselaar Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants include support for organizations with varied activities. See mission & focus areas ↑
How do I apply for a grant from The Premselaar Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Premselaar Foundation Inc's EIN?
The Premselaar Foundation Inc's EIN (Employer Identification Number) is 51-0431739. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Premselaar Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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