The Sussman Family Foundation Inc
The Sussman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 44 grants totaling $316K. Net investment income was $286K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.5M
-0.6% YoY
Annual Giving
$316K
-7.7% YoY
Grant Count
44
+83.3% YoY
Avg Grant Size
$7K
-49.7% YoY
Under IRS private-foundation payout rules, The Sussman Family Foundation Inc reported a distributable amount of $322K for 2024 — the minimum it must pay out in qualifying distributions.
About The Sussman Family Foundation Inc
Based on IRS filings
The Sussman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 44 grants totaling $316K. Net investment income was $286K.
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 | $6,519,161 | $6,556,502 | $6,739,515 |
| Revenue | $312,451 | $162,303 | $28,491 |
| Expenses | $349,792 | $345,316 | $88,910 |
| Qualifying Distributions | $318,245 | $342,290 | $86,968 |
| Net Investment Income | $285,845 | $160,172 | $26,474 |
| Distributable Amount | $322,452 | $316,864 | $331,359 |
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
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include God's Love We Deliver ($39,000), Bullies & Buddies ($37,000), Amfar ($27,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMFAR NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $27,000 |
| ANIMAL FOSTER NETWORK SANTA CLARITA, CA | GENERAL CHARITABLE PURPOSES | $2,500 |
| ART PRODUCTION FUND INC NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $500 |
| BAJA STREET DOGS LOS ANGELES, CA | GENERAL CHARITABLE PURPOSES | $5,000 |
| BEACH DOG RESCUE RANCHO PALOS VERDES, CA | GENERAL CHARITABLE PURPOSES | $1,000 |
| BROADWAY CARES NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $2,000 |
| BROADWAY MALL ASSOCIATION INC NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $200 |
| BULLIES & BUDDIES SAN PEDRO, CA | GENERAL EDUCATIONAL PURPOSES | $37,000 |
| CANINE ADOPTION AND RESCUE LEAGUE VENTURA, CA | GENERAL CHARITABLE PURPOSES | $2,500 |
| CAT CONNECTION ENCINO, CA | GENERAL CHARITABLE PURPOSES | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RACHEL SUSSMAN | DIRECTOR | — | — |
| NINA SUSSMAN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Sussman Family Foundation Inc?
The Sussman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $6.5M in total assets as of 2024.
How large is The Sussman Family Foundation Inc?
As of 2024, The Sussman Family Foundation Inc holds $6.5M in total assets with $312K in annual revenue. It awarded 44 grants totaling $316K in 2024.
Where does The Sussman Family Foundation Inc operate?
The Sussman Family Foundation Inc has awarded grants in California, Colorado, District of Columbia, Florida, Iowa, Illinois, Kansas, Missouri, New York, Washington.
What size grants does The Sussman Family Foundation Inc award?
In 2024, The Sussman Family Foundation Inc awarded 44 grants totaling $316K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Sussman Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sussman Family Foundation Inc reported a distributable amount of $322K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sussman Family Foundation Inc's EIN?
The Sussman Family Foundation Inc's EIN (Employer Identification Number) is 87-3959069. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Sussman Family 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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