The Premselaar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUMSON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 33 grants totaling $27K. Net investment income was $68K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+1.9% YoY
Annual Giving
$27K
-49.8% YoY
Grant Count
33
-13.2% YoY
Avg Grant Size
$815.121
-42.2% YoY
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.
About The Premselaar Foundation Inc
Based on IRS filings
The Premselaar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUMSON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 33 grants totaling $27K. Net investment income was $68K.
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 | $1,059,677 | $1,039,868 | $1,058,696 |
| Revenue | $95,540 | $49,193 | $69,091 |
| Expenses | $75,731 | $68,021 | $83,242 |
| Qualifying Distributions | $48,414 | $57,030 | $71,739 |
| Net Investment Income | $68,223 | $38,202 | $57,588 |
| Distributable Amount | $63,651 | $58,879 | $59,818 |
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
164 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Congregation B'nai Israel ($8,735), Charitybuzz ($2,700), 180 Turning Lives Around Inc ($2,700).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUIS PREMSELAAR | TRUSTEE, PRESIDENT | 0.25 | — |
| JUDITH PREMSELAAR | TRUSTEE, VICE PRESIDENT | 0.5 | — |
| RACHEL PRESSER | TRUSTEE | 0.1 | — |
| MARC PREMSELAAR | TRUSTEE | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Premselaar Foundation Inc?
The Premselaar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUMSON, NJ. It holds $1.1M in total assets as of 2024.
How large is The Premselaar Foundation Inc?
As of 2024, The Premselaar Foundation Inc holds $1.1M in total assets with $96K in annual revenue. It awarded 33 grants totaling $27K in 2024.
Where does The Premselaar Foundation Inc operate?
The Premselaar Foundation Inc has awarded grants in Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Illinois, Massachusetts, Maryland, North Carolina, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Texas, Virginia.
What size grants does The Premselaar Foundation Inc award?
In 2024, The Premselaar Foundation Inc awarded 33 grants totaling $27K — an average of about $815.121 per grant, based on its IRS Form 990 filings.
How much is The Premselaar Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Premselaar Foundation Inc reported a distributable amount of $64K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Premselaar Foundation Inc'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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