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199 Philanthropic Fund is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2023. The principal officer is Sullivan & Cromwell Llp. It holds total assets of $186.1M. Annual income is reported at $120.3M. Total assets have grown from N/A in 2022 to $68.8M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, 199 Philanthropic Fund has made 1 grants totaling $6.5M, with a median grant of $6.5M. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
199 Philanthropic Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in OH.
199 Philanthropic Fund has distributed a total of $6.5M across 1 grants. The median grant size is $6.5M, with an average of $6.5M. Individual grants have ranged from $6.5M to $6.5M.
199 Philanthropic Fund typically selects its grantees rather than accepting unsolicited proposals.
199 Philanthropic Fund is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph C Shenker | OFFICER / DIRECTOR | $0 | $0 | N/A |
Total Giving
$6.5M
Total Assets
$68.8M
Fair Market Value
$68.8M
Net Worth
$68.8M
Grants Paid
$6.5M
Contributions
$75.3M
Net Investment Income
$15K
Distribution Amount
$117K
Total Grants
1
Total Giving
$6.5M
Average Grant
$6.5M
Median Grant
$6.5M
Unique Recipients
1
Most Common Grant
$6.5M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Charitable Gift FundAID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Cincinnati, OH | $6.5M | 2023 |