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Segal Family Foundation

Profile

Last Updated: 2016-02-09

At A Glance

Segal Family Foundation

776 Mountain Blvd., Ste. 202

Watchung, NJ United States 07069-6269

Telephone: (908) 279-7881

URL: www.segalfamilyfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $126,962,817

Total giving: $6,677,024

EIN

562446941

BRIDGE Number

8243428106

Background

Established in 2004 in NJ - The Segal Family Foundation was created by Barry Segal in 2004. After the sale of his company, Bradco, a trip to Rwanda awakened his interest in the development and promise of Sub-Saharan Africa. The Segal Family Foundation has given over $13 million to date and will provide more than $8 million in grants in 2013 to organizations working across Africa. Barry Segal will eventually devote all his wealth to philanthropy.

Purpose and Activities

The foundation is led by a small team with a proactive, informed approach to development. It is most interested in innovative programming delivering reproductive health, food security, and youth engagement. The majority of its partners work in East Africa. However, it also supports projects elsewhere in Sub-Saharan Africa when it discovers a strong leader and a compelling project. The foundation's giving is directed to grassroots organizations with innovative approaches to holistic community development and innovative strategies for service delivery. It believes that change happens through collaboration and it tries to broker connections by facilitating on-the-ground linkages among its partners. The foundation also prioritizes organizations that it can grow with, learn from, and support for many years. At times, it will engage other funders to learn, share, and work together on areas of common interest. In an effort to support its partners through the inevitable ups and downs of grassroots work, the foundation facilitates holistic support in the form of U.S. and Africa-based events, workshops, and resources that offer a platform for networking, thought sharing, and professional development.

Fields of Interest

Subjects
  • Agriculture
  • Education
  • Family planning
  • Graduate and professional education
  • Health
  • Housing development
  • Human rights
  • Human services
  • International development
  • International relations
  • Reproductive health care
  • Rural development
  • Sustainable development
  • Vocational post-secondary education
  • Youth development
International Interests
  • Africa
  • Burundi
  • Congo, Democratic Republic of the
  • Kenya
  • Malawi
  • Rwanda
  • Sub-Saharan Africa
  • Tanzania
  • Uganda
  • Zambia
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students
Organizations
  • Coalitions and alliances

Financial Data

Year ended 2013-12-31

Assets: $126,962,817 (market value)

Gifts received: $2,894,195

Expenditures: $11,204,971

Total giving: $6,677,024

Qualifying distributions: $7,879,415

Giving activities include:

$6,677,024 for 132 grants (high: $215,000; low: $4,000)