ALBERT AND PEARL GINSBERG FOUNDATION INC

NEW YORK, NY · EIN 061039627 · Form 990PF · FY2024 · Micro (<$100K)

revenue

$55K

expenses

$2K

net assets

$1.1M

employees

—

profile · synthesized from sources

Private foundation based in New York that provides general support grants to educational and charitable organizations. In 2024, awarded grants to institutions including the Icahn School of Medicine at Mount Sinai, New York Tech School of Management, and Friends of Karen. Focuses on supporting education and charitable causes with no public programs described.

activities · 5 groups

What they do

Union-Linked Educational Scholarships 1 activity
- Funding charitable activities of Local 272 Scholarship Fund
  
  Provides financial support for charitable activities administered by the Local 272 Scholarship Fund, which provides educational scholarships and related assistance.
Municipal and Community General Support 1 activity
- Funding general operations of Community Mayors for Children
  
  Provides financial support for the general operations of Community Mayors for Children, a nonprofit organization focused on child welfare and community development initiatives.
Cancer Research Funding 1 activity
- Funding general operations of Friends of Karen
  
  Provides financial support for the general operations of Friends of Karen, a charitable organization serving children with life-threatening illnesses and their families.
Unrestricted Institutional Support for Medical Schools 1 activity
- Funding general operations of Icahn School of Medicine at Mount Sinai
  
  Provides financial support for the general operations of the Icahn School of Medicine at Mount Sinai. This includes ongoing institutional funding to support its activities.
University-Specific Endowment and Program Funding 1 activity
- Funding general operations of New York Tech School of Management Center (NYIT)
  
  Provides financial support for the general operations of the New York Tech School of Management Center at NYIT. This includes funding to sustain institutional functions and programs.

financials · form 990PF · fy2024

revenue

Total revenue$55K

Contributions & grants——

Program service revenue——

Investment income$59K107%

Other revenue$-4K

expenses

Total expenses$2K

Program expenses—

Admin / overhead—

Fundraising—

Salaries & benefits$0

Grants paid out$136K

balance sheet

Total assets$1.13M

Cash—

Investments—

Liabilities—

Net assets$1.13M

2 years on record · 2020–2024 · YoY revenue -26.4%

relationships · 5

Who they work with

COMMUNITY MAYORS FOR CHILDREN Partner — Receives general support funding
FRIENDS OF KAREN Partner — Receives general support funding
ICAHN SCHOOL OF MEDICINE AT MT SINAI Partner — Receives general support and charitable funding
LOCAL 272 SCHOLARSHIP FUND Partner — Receives charitable funding
NEW YORK TECH SCHOOL OF MANAGEMENT CENTER- NYIT Partner — Receives general support and charitable funding