The Sommer Family Foundation Inc
The Sommer Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARSIPPANY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $388K in total assets. In 2024, it awarded 2 grants totaling $40K. Net investment income was $22K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$388K
-4.6% YoY
Annual Giving
$40K
-75.0% YoY
Grant Count
2
-75.0% YoY
Avg Grant Size
$20K
+0.0% YoY
About The Sommer Family Foundation Inc
Based on IRS filings
The Sommer Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARSIPPANY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $388K in total assets. In 2024, it awarded 2 grants totaling $40K. Net investment income was $22K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $388,214 | $406,904 | $514,422 |
| Revenue | $25,392 | $56,386 | $12,063 |
| Expenses | $43,653 | $163,904 | $14,890 |
| Qualifying Distributions | $40,000 | $160,000 | $10,000 |
| Net Investment Income | $21,739 | $52,482 | $7,173 |
| Distributable Amount | $19,904 | $22,195 | $27,693 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
19 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 |
|---|---|---|---|
| DORIS SOMMER | TRUSTEE | — | — |
| HENRY STEIN | TRUSTEE | — | — |
| DAVID HALPERN | TRUSTEE | — | — |
| SHELLEY PARADIS | TRUSTEE | — | — |
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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