William & Dewey Edelman Charitable Trust

EAST MARION, NY EIN: 13-7109390

The William & Dewey Edelman Charitable Trust is a private foundation established in 2007 and based in East Marion, New York. The trust operates as an independent grantmaking foundation with a focus on supporting preselected charitable organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.3M

-6.7% YoY

Annual Giving

$1.1M

+10.4% YoY

Grant Count

27

+42.1% YoY

Avg Grant Size

$39K

-22.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The trust maintains a preselected grantmaking approach, meaning it typically selects grantees rather than accepting unsolicited applications.

Grant Range

$18,000–$41,328

Average Grant

$35,800–$47,000

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Geographic Focus

Where this funder awards grants

The trust primarily supports organizations in New York, Massachusetts, and Florida, which account for approximately 89% of all grants. Grantmaking reaches organizations across eight states, with a concentration in New York.

Grant Distribution by State

11states
+3 more states

Cities

AquebogueAthertonBaltimoreBoca RatonBronxBrooklynChicagoElmsfordGreenportGreensburgHainesportHempsteadLos AngelesLynnfieldMiami BeachMilfordMount KiscoNew YorkOrientRiverhead

Financial History

Multi-year comparison from IRS filings

As of Most Recent Filing (2023–2024):

  • Total assets: $12.3–$13.7 million
  • Annual revenue: $396,000–$665,731
  • Annual expenses: $1.16–$1.28 million
  • Annual giving rate: 7.3%
  • Total liabilities: $5,620

Historical Giving Trends: Annual giving has ranged from $1 million (2020) to $2.2 million (2022), with cumulative grants totaling $4.3 million across available records.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$368K$735K$1M$1M20202021202220232024
Metric202420232022
Total Assets$12,307,732$13,188,899$13,684,369
Revenue$396,486$665,731$1,235,565
Expenses$1,276,962$1,161,981$1,336,984
Qualifying Distributions$1,083,246$974,513$1,136,711
Net Investment Income$352,391$516,517$1,063,232
Distributable Amount$1,107,288$1,020,606$1,070,738

Giving Over Time

Total grant dollars and number of grants per year

$0$278K$555K$833K$1M17 grants202013 grants202131 grants202219 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN FRIENDS OF THE …$250KELIH FOUNDATION$226KITREK (FORMERLY ISRAEL &…$110KNORTH FORK ARTS CENTER INC$50KCOLEL CHABAD$43KCAST$35KGREAT AMERICAN FLAG PRES…$30KCENTRAL PARK CONSERVANCY…$25KCITY HARVEST$25KEAST END SEAPORT MUSEUM …$25K

Grant Size Distribution

107 grants across all recorded years

84<$50K9$50–100K9$100–250K4$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Kenneth L Stein – Manager (7 hours/week, no compensation)
  • Nancy C Stein – Manager (1 hour/week, no compensation)
  • Emily C Sharko – Co-Trustee (1 hour/week, $6,700 compensation)
  • Peter C Stein – Co-Trustee (1 hour/week, $26,700 compensation)
  • Eric C Stein – Co-Trustee (1 hour/week, $26,700 compensation)

The foundation operates with limited staffing and relies on volunteer leadership from board members.

Compensation Overview

From 2024 IRS filing

EMILY C SHARKOCO-TRUSTEE$32KPETER C STEINCO-TRUSTEE$32KERIC C STEINCO-TRUSTEE$32K

From 2024 filing

NameTitleHoursCompensation
KENNETH L STEINMANAGER7
NANCY C STEINMANAGER1
EMILY C SHARKOCO-TRUSTEE1$31,551
PETER C STEINCO-TRUSTEE1$31,551
ERIC C STEINCO-TRUSTEE1$31,551

Contact Information

  • Address: PO Box 306, 2665 Cedar Lane, East Marion, NY 11939-0306
  • Phone: 631-477-0810
  • EIN: 13-7109390
  • Tax-Exempt Status: 501(c)(3), tax-exempt since July 2009

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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