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The Henry and Marilyn Taub Foundation

Profile

Last Updated: 2016-02-09

At A Glance

The Henry and Marilyn Taub Foundation

300 Frank W. Burr Blvd., 7th Fl.

Teaneck, NJ United States 07666-6703

Telephone: (201) 287-2500

URL: taubfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $167,480,105

Total giving: $8,056,172

EIN

226100525

BRIDGE Number

2724010779

Background

Established in 1967 in DE - Founded by the late Henry Taub, the founder of Automatic Payrolls Inc., now known as Automatic Data Processing, Inc. (ADP), which is widely used by American employers for payroll and related services.

Purpose and Activities

The foundation makes grants to pre-selected organizations working in early childhood, aging in place, and medical research. The foundation also funds institutions with historic ties to the Taub family.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Aging in Place

The Aging in Place program supports the ability of older adults to remain independent and healthy in their homes and communities as long as possible. The foundation supports the creation and expansion of high-quality programs, services and infrastructure that meet the needs of the growing population of older adults in Bergen and Passaic Counties in New Jersey. In addition, the foundation makes Aging in Place grants in Israel through existing partnerships. The foundation is not seeking new partnerships for funding in Israel. Through the foundation's New Jersey grantmaking in this portfolio, it partners with organizations serving at-risk and vulnerable seniors with the goal of improving their well-being, including their social, emotional, physical, and cognitive health. The foundation also funds research to inform its grantmaking, in order to help launch innovative approaches and encourage implementation of models that have proven successful elsewhere. Representatives of 501(c)(3) organizations working with high poverty populations on Aging in Place in Bergen and/or Passaic Counties, who wish to inform the foundation about their organization, may send an email of no more than 500 words to info@taubfoundation.org describing their organization's work and specifying the location their organization serves. The foundation has launched an initiative to support age-friendly communities. Unlike the foundation's regular application process – which is by invitation only – applications for the age-friendly communities planning grants are open. Application information is available at http://taubfoundation.org/conference/apply/.

Early Childhood

The Early Childhood program supports the healthy development and academic success of children from birth through the end of third grade. The foundation supports access to high quality education, in particular programs that build strong literacy skills as fundamental for future learning. The foundation's grantmaking is focused on areas of concentrated poverty in Bergen and Passaic Counties, in New Jersey, with a special interest in Paterson. In addition, the foundation makes Early Childhood grants in Israel through existing partnerships. The foundation is not seeking new partnerships for funding in Israel. In New Jersey, the foundation seeks opportunities to build the capacity of organizations serving children by providing professional development or technical assistance to enhance the skills of those who care for, educate, and support young children. Included are non-academic factors such as health, emotional well-being, and family stability. Representatives of 501(c)(3) organizations working with high poverty populations on Early Childhood in Bergen and/or Passaic Counties, who wish to inform the foundation about their organization, may send an email, of no more than 500 words, to info@taubfoundation.org describing their organization's work and specifying the location their organization serves.

Medical Research

The foundation currently funds research in two major areas of medical need: Alzheimer’s Disease and Myelodysplastic Syndromes (MDS). The Alzheimer’s research is conducted at the Taub Institute for Alzheimer’s Disease and the Aging Brain at Columbia University. The foundation's MDS research is funded through The Medical Foundation, a division of Health Resources in Action. The program is designed to support high-impact, innovative translational research to understand the underlying causes of MDS and to advance its treatment and prevention. No additional medical research programs are planned and solicitations of interest are not being sought. .

Fields of Interest

Subjects
  • Child welfare
  • Education
  • Higher education
  • Hospital care
  • Human services
  • Judaism
  • Nonprofits
International Interests
  • Israel
Population Groups
  • Academics
  • Children
  • Children and youth
  • Economically disadvantaged people
  • Infants and toddlers
  • Low-income and poor people
  • Seniors
  • Students
Organizations
  • Judaic institutions
  • Public charities

Financial Data

Year ended 2014-12-31

Assets: $167,480,105 (market value)

Expenditures: $10,462,879

Total giving: $8,056,172

Qualifying distributions: $9,139,994

Giving activities include:

$8,056,172 for 216 grants (high: $1,500,000; low: $100)