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STRAUSMAN FAMILY FUND INC

Great neck, NY Tax ID: 11-2587343

The Strausman Family Fund Inc, based in Great Neck, NY, supports education, religion, and human services projects across the US, with assets of $1.95 million and key management by the Strausman family.

About STRAUSMAN FAMILY FUND INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Strausman Family Fund Inc is a philanthropic organization based in Great Neck, New York, with assets totaling $1,953,877. The fund focuses on supporting initiatives in education, religion, and human services across various cities and states in the United States. In the past year, the fund reported expenses of $108,115 and revenue of $145,130. The organization is managed by key individuals including George Strausman (President), Samuel Strausman (Vice-President), Susan Rietti (Treasurer), and David Strausman (Secretary), all of whom work on a voluntary basis without compensation. The fund has supported projects in numerous cities such as New York, Los Angeles, and Chicago, and operates across states including New York, California, and Illinois.

Focus Areas

EducationReligionHuman services

Geographic Focus

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Key Statistics
Total Assets $2.0M
Total Awarded This Year $103K
Average Grant Size $3
Total Grants (Previous Year) 32,640
Open to New Applicants
% New Applicants Funded
Contact Information
Great neck, NY
Geographic Funding Distribution

Financials

Total Assets
$2.0M

+2.6% from previous year

Annual Grants
$103K

131 grants awarded in 2024

Expense Ratio
74.5%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$25,000UNITED JEWISH APPEAL (UJA)TO FURTHER DONEE'S EXEMPT PURPOSENew york, NY, US2022
$25,000UNITED JEWISH APPEAL (UJA)TO FURTHER DONEE'S EXEMPT PURPOSENew york, NY, US2023
$25,000UNITED JEWISH APPEAL (UJA)TO FURTHER DONEE'S EXEMPT PURPOSENew york, NY, US2024
$16,000ISLAND HARVEST FOOD BANKTO FURTHER DONEE'S EXEMPT PURPOSEBethpage, NY, US2022
$15,000LONG ISLAND CARESTO FURTHER DONEE'S EXEMPT PURPOSEHuntington station, NY, US2022
$15,000ROBIN HOOD - FOR COVID RELEIFTO FURTHER DONEE'S EXEMPT PURPOSENew york, NY, US2022
$12,000TEMPLE EMANUEL OF GREAT NECKTO FURTHER DONEE'S EXEMPT PURPOSEGreat neck, NY, US2023
$11,000TEMPLE EMANUEL OF GREAT NECKTO FURTHER DONEE'S EXEMPT PURPOSEGreat neck, NY, US2024
$10,500NORTHWELL HEALTH FOUNDATIONTO FURTHER DONEE'S EXEMPT PURPOSENew hyde park, NY, US2024
$10,000NORTHWELL HEALTH FOUNDATIONTO FURTHER DONEE'S EXEMPT PURPOSENew hyde park, NY, US2022

People

Leadership & Staff

Compensation data from most recent available 990 forms

GS

GEORGE STRAUSMAN

PRESIDENT

$0 2024
SS

SAMUEL STRAUSMAN

VICE-PRES.

$0 2024
SR

SUSAN RIETTI

TREASURER

$0 2024
DS

DAVID STRAUSMAN

SECRETARY

$0 2024
Showing 4 of 4 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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