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5 51 5 Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2008. The principal officer is Richard Gold Secretary. It holds total assets of $742K. Annual income is reported at $5M. Total assets have grown from $61K in 2011 to $2M in 2023. The foundation is governed by 3 officers and trustees. 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 2020 to 2023. The foundation primarily funds organizations in New York and Connecticut. According to available records, 5 51 5 Foundation has made 20 grants totaling $1.4M, with a median grant of $1K. Annual giving has decreased from $1.2M in 2022 to $189K in 2023. Individual grants have ranged from $100 to $1.2M, with an average award of $71K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in New York, California, Connecticut, which account for 60% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$3K
Average Grant
$15K
Largest Grant
$100K
Based on 21 grants from the most recent 990-PF filing.
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.
5 51 5 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NY, CA, CT.
5 51 5 Foundation has distributed a total of $1.4M across 20 grants. The median grant size is $1K, with an average of $71K. Individual grants have ranged from $100 to $1.2M.
5 51 5 Foundation typically selects its grantees rather than accepting unsolicited proposals.
5 51 5 Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Gold | Secretary | $0 | $0 | N/A |
| David C Hodgson | Treasurer | $0 | $0 | N/A |
| Laurie B Hodgson | President/Director | $0 | $0 | N/A |
Total Giving
$189K
Total Assets
$2M
Fair Market Value
$10M
Net Worth
$2M
Grants Paid
$189K
Contributions
$7.5M
Net Investment Income
$837K
Distribution Amount
$309K
Total Grants
20
Total Giving
$1.4M
Average Grant
$71K
Median Grant
$1K
Unique Recipients
20
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ThirteenGeneral | Chesapeake, VA | $1K | 2023 |
| Great Mountain ForestGeneral | Falls Village, CT | $1K | 2023 |
| Preserve Community FoundationGeneral | Carmel, CA | $100K | 2023 |
| National Audubon SocietyGeneral | New York, NY | $50K | 2023 |
| Partnership For SchoolsGeneral | New York, NY | $20K | 2023 |
| Pace UniversityGeneral | New York, NY | $5K | 2023 |
| The League For People With DisabilitiesGeneral | Baltimore, MD | $2K | 2023 |
| Big Sur Land TrustGeneral | Monterey, CA | $1K | 2023 |
| Salisbury Volunteer Ambulance ServiceGeneral Purpose | Salisbury, CT | $1K | 2023 |
| Delta Gamma FoundationGeneral | Columbus, OH | $1K | 2023 |
| Lubavitch On The PalisadesGeneral | Tenafly, NJ | $1K | 2023 |
| Appalachian Trail ConservancyGeneral | Harpers Ferry, WV | $1K | 2023 |
| Denison UniversityGeneral | Granville, OH | $1K | 2023 |
| Falls Village Children'S TheaterGeneral | Falls Village, CT | $1K | 2023 |
| Trustee Of ReservationsGeneral | Boston, MA | $1K | 2023 |
| 122 East 66th Street Foundation IncGeneral | New York, NY | $1K | 2023 |
| The Doe FundGeneral | New York, NY | $500 | 2023 |
| The Fund For Park AvenueGeneral | New York, NY | $500 | 2023 |
| National Parks Conservation AssociationGeneral | Washington, DC | $100 | 2023 |
| See Attachment AGENERAL OPERATING PURPOSE | See Attachment A, NY | $1.2M | 2022 |