Posnick Family Foundation
Preselected recipients only
Posnick Family Foundation is a private foundation in Medford, Massachusetts. In tax year 2024 it gave $23,050 in 11 grants; the typical grant was $2,000 and the largest $6,850. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$23,050
- Number of grants11
- Typical grant$2,000
- Largest grant$6,850
- Assets$447,827
- New grantees89%
Giving in 2024 was down from $28,200 the year before.
89% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $26,525 | 10 | $354,982 |
| 2023 | $28,200 | 13 | $426,424 |
| 2024 | $23,050 | 11 | $447,827 |
How to apply
Posnick Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
Its grants went to recipients in 5 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 4 | $12,350 |
| District of Columbia | 3 | $4,700 |
| New York | 2 | $3,000 |
| Minnesota | 1 | $2,000 |
| Kentucky | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | General support | $6,850 |
| Lubavitcher Yeshiva Academy | General support | $3,000 |
| Individual | General support | $2,000 |
| International Resuce Committee | General support | $2,000 |
| Joint Distribution Committee | General support | $2,000 |
| World Kitchen | General support | $2,000 |
| Springfield Boys and Girls | General support | $1,500 |
| Disabled Amer Veterans | General support | $1,000 |
| Pef Israel Endowment Fund Tani Fund | General support | $1,000 |
| Shriners Hospital of Springfield | General support | $1,000 |
| National Law Enforcement Officer Memorial Fund | General support | $700 |
Officers and trustees
- Michael Posnick
- Noam Waksman
- Betsy Posnick Waksman
- Susan Posnick
- David Waksman
- Nancy Posnick
- Rebecca Abramson
- Joshua Posnick
- Idan Waksman
Questions people ask
Does Posnick Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Posnick Family Foundation give?
$23,050 in tax year 2024, across 11 grants, with a typical grant of $2,000.
Who runs Posnick Family Foundation?
Its 2024 filing lists Michael Posnick (President, Director), Noam Waksman (Treasurer), Betsy Posnick Waksman (Clerk) and Susan Posnick (Director) among 9 officers and trustees.