The Seg Foundation is a private foundation based in Brooklyn, New York. The organization was established in 2006 and operates as a 501(c)(3) nonprofit entity. It functions as a family foundation with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
+39.6% YoY
Annual Giving
$433K
-43.0% YoY
Grant Count
11
-45.0% YoY
Avg Grant Size
$39K
+3.6% YoY
Mission & Focus Areas
The foundation provides funding to further its charitable purposes, including grants to individuals. The foundation primarily funds religious organizations.
Grantmaking
The Seg Foundation made 18 grants in the most recent reporting period (2023). Recent grant recipients and amounts include:
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Geographic Focus
Where this funder awards grants
The foundation is based in Brooklyn, New York and focuses its grantmaking in the New York area, with particular concentration in Brooklyn.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $2,896,737
- Total Revenues: $418,916
- Total Expenses: $798,036
- Total Grants, Contributions, etc.: $222,172
- Investment Income and Dividends: $91,718
- Net Gain from Sale of Non-Inventory Assets: $105,026
Year-over-Year Changes (2023 vs. 2022):
- Total grants and contributions increased 236.6% (from $66,000 to $222,172)
- Investment income increased 18.9% (from $77,152 to $91,718)
- Net gain from asset sales decreased 12.8% (from $120,375 to $105,026)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,042,546 | $2,896,737 | $3,275,857 |
| Revenue | $1,617,944 | $418,916 | $263,527 |
| Expenses | $472,135 | $798,036 | $775,950 |
| Qualifying Distributions | $442,811 | $766,835 | $720,016 |
| Net Investment Income | $54,893 | $165,543 | $145,531 |
| Distributable Amount | $197,261 | $192,530 | $192,808 |
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
93 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 |
|---|---|---|---|
| SAUL ELLIOT GOLDBAUM | TRUSTEE | 5 | — |
| CHANA GOLDBAUM | TRUSTEE | 5 | — |
Contact Information
- Address: 982 E 17th St, Brooklyn, NY 11230-3710
- Telephone: 718-951-2200
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. Research dossier generated April 2026.
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