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A C Israel Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1967. The principal officer is Ac Israel Foundation Inc.. It holds total assets of $36.5M. Annual income is reported at $25.9M. Total assets have grown from $27.7M in 2011 to $36.5M in 2024. The foundation is governed by 4 officers and trustees. Tax records are available from 2020 to 2024. Funding is distributed across 4 states, including New York, Connecticut, California. According to available records, A C Israel Foundation Inc. has made 611 grants totaling $5.1M, with a median grant of $2K. The foundation has distributed between $1.6M and $1.7M annually from 2020 to 2022. Individual grants have ranged from $100 to $350K, with an average award of $8K. The foundation has supported 259 unique organizations. The foundation primarily supports organizations in New York, California, Massachusetts, which account for 68% of all grants. Grantmaking reaches organizations across 27 states. Contributions to this foundation are tax-deductible.
A.C. Israel Foundation is a classic family private foundation, founded in June 1967 and centered on the personal philanthropic vision of the Israel family, led today by Thomas C. Israel (President and Director), who also serves as Chairman and CEO of Ingleside Investors, a private family holding company specializing in private investments. The foundation operates with zero paid staff, entirely volunteer leadership (all four board members receive $0 compensation), and no public application process — it does not maintain a functional public-facing website, does not publish an annual report, and explicitly does not accept unsolicited proposals.
The giving philosophy is personal, relational, and long-term. Grantee data reveals the foundation has made repeat grants to the same organizations over many years: Birches School (18 grants), Citizens Committee for New York City (15 grants), Mount Sinai Hospital Adolescent Health Center (11 grants), Yale University (7+ grants), and Paws Crossed Animal Rescue (9 grants). This pattern of decade-long loyalty to proven partners is the clearest strategic signal available: this funder does not welcome new entrants without extraordinary relationship capital.
Grants cluster around five identifiable pillars: (1) elite private education — Phillips Academy, Riverdale Country School, Collegiate School, Rumsey Hall, Spence School, Birches School, Greens Farms Academy, Yale, Columbia, UCLA, UC San Diego, Villanova, University of Virginia; (2) major hospital and medical research institutions — Eisenhower Medical Center, Yale School of Medicine, Mount Sinai, Greenwich Hospital, Massachusetts General, Hospital for Special Surgery, NY-Presbyterian, White Plains Hospital, Montefiore; (3) Jewish religious and community infrastructure — Congregation Emanu-El, Foundation for Conservative Masorti-Judaism in Israel; (4) civic organizations and environmental/cultural preservation — Citizens Committee for New York City, Untermyer Gardens Conservancy, Martha's Vineyard Museum; and (5) animal welfare and human services in California — The People Concern, Paws Crossed Animal Rescue, K9 Youth Alliance, Gentle Barn Foundation, Casa of Los Angeles.
Named endowments (the Greg Warner Endowed Engineering Scholarship at UC San Diego; the Greg Warner Endowed Scholarship at Villanova) confirm that individual trustees drive specific giving decisions. For first-time aspirants, the only realistic pathway is a warm introduction through a current grantee or through professional networks connected to Ingleside Investors or the Israel, Gray, Goldstein, or Warner families. Cold outreach has no documented track record of success with this foundation.
A.C. Israel Foundation has distributed between $1.29M and $2.04M annually over the decade examined, with a recorded total of $5.11M across 611 individual grants in the grantee dataset. The average grant size is $8,363, but the distribution is deeply skewed: the median grant is only $2,000, meaning the majority of grants are small honoraria, event sponsorships, or nominal annual-fund contributions, while a handful of major multi-year commitments drive total volume.
The top 10 recipients alone account for $2.81M of the $5.11M total — 55% of all recorded giving concentrated in just 10 organizations. The largest cumulative recipient is Eisenhower Medical Center (Palm Desert, CA) at $800,000 across 3 grants of general support; followed by Phillips Academy (Andover, MA) at $490,000 across 8 grants; Citizens Committee for New York City at $243,000 across 15 grants; and Yale University School of Medicine at $220,000 across 4 grants.
Single-grant maximum amounts have reached $230,000–$285,000 in FY2024 (Yale Golf Course; Congregation Emanu-El), with the DB indicating a typical maximum of $350,000. At the low end, grants can be as small as $100.
Geographic distribution (611 grants): New York State 238 grants (39%), California 102 (17%), Connecticut 86 (14%), Massachusetts 77 (13%), Washington D.C. 21 (3%), Virginia 13 (2%), New Jersey 7 (1%), Pennsylvania 6 (1%), Minnesota 5 (1%). The New England concentration reflects the Israel family's ties to Fairfield County, CT prep schools and Boston-area hospitals.
Sector allocation (estimated from top-50 grantee analysis): Healthcare/Medical ~38% of recorded dollars; Education (K-12 and university) ~34%; Jewish/Religious ~8%; Civic/Environmental ~7%; Animal welfare and California human services ~13%.
Annual giving trend: $1.52M (FY2012) → $1.29M (FY2013) → $1.51M (FY2015) → $1.63M (FY2019) → $2.02M (FY2020) → $2.00M (FY2021) → $2.04M (FY2022) → $1.85M (FY2023). FY2024 grantmaking is estimated at approximately $1.98M–$2.09M based on reported expenses and prior patterns; full grant-level detail from the FY2024 990-PF was not yet available in the analyzed dataset.
Note: The foundation's database record contained no peer foundation entries. The following comparison is constructed from publicly available IRS Form 990-PF data and philanthropy research databases for comparable private New York family foundations with similar asset scales and broad general philanthropy mandates.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| A.C. Israel Foundation (NYC) | $36.5M | ~$1.9M | Education, Health, Civic, Jewish | Invitation Only |
| Bodman Foundation (NYC) | ~$120M | ~$5M | Youth Education, Social Services | Invitation/Restricted |
| Fan Fox & Leslie R. Samuels Foundation (NYC) | ~$65M | ~$3.2M | Performing Arts, Elder Health | Restricted |
| Norman Foundation (NYC) | ~$40M | ~$2M | Environment, Democracy, Rights | Limited Open |
| Heckscher Foundation for Children (NYC) | ~$50M | ~$2.5M | Children and Youth Services | Open |
A.C. Israel Foundation sits in the lower-middle tier of this peer group by both assets and annual giving, but its invitation-only posture and extreme grantee loyalty make it effectively more closed than even peer foundations that formally restrict applications. Its broad multi-sector portfolio spanning education, health, civic, animal welfare, and Jewish causes is notably less focused than single-mission peers like Fan Fox & Samuels or Heckscher, which means the foundation is harder to fit into a standard prospect-research category. Critically, unlike Norman Foundation or Heckscher — which offer at least limited open application windows — A.C. Israel provides no open pathway whatsoever. Organizations that qualify programmatically should prioritize relationship-building over proposal quality.
The most significant recent development is the FY2024 financial recapitalization: the foundation recorded $19,995,910 in net gains from asset sales, boosting total revenue to $21,039,252 (versus a normal annual range of $1.0M–$1.9M) and growing net assets from $17,934,168 (FY2023) to $36,460,772 (FY2024). This near-doubling of the asset base — the largest single-year movement in at least a decade — likely represents liquidation of a significant private investment position held through Ingleside Investors. The FY2024 Form 990-PF was filed November 17, 2025, with financial data last updated March 9, 2026 per public databases.
In FY2024, the foundation distributed approximately $2.09M across 78+ grants, with notable individual awards including: Congregation Emanu-El of the City of New York ($285,000 — a major escalation from prior-year typical tranches), Yale University Golf Course Restoration Project ($230,000), and White Plains Hospital ($100,000 general support).
No public press releases, leadership changes, or formal program announcements have been identified for 2025 or 2026. The foundation maintains no active public-facing communications infrastructure — no functional grantmaker website, no annual report, no social media presence. Thomas C. Israel, Barry W. Gray, Virginia J. Goldstein, and Gregory H. Warner have remained consistent as the four uncompensated board members with no reported turnover across multiple 990-PF filings. Gregory H. Warner established named scholarship endowments at UC San Diego and Villanova University in recent grant cycles, reflecting legacy philanthropy activity. The asset recapitalization event may position the foundation for elevated grantmaking in the 2025–2027 window.
The single most important fact about A.C. Israel Foundation is that it does not accept unsolicited proposals under any circumstances. There is no grant portal, no application form, no RFP calendar, and no published deadlines. The foundation's phone number — (212) 634-3367 — is publicly listed, but cold calls without a personal introduction are unlikely to advance an inquiry and may harm future positioning.
Pathway 1 — Map relationships to current grantees. Organizations with 10+ grant cycles — Birches School (18 grants, Lincoln, MA), Citizens Committee for New York City (15 grants), Mount Sinai Adolescent Health Center (11 grants), Paws Crossed Animal Rescue (9 grants, Elmsford, NY) — carry the deepest relationship equity with the foundation. Contact their Vice Presidents of Development or Executive Directors to request a personal introduction. Frame your organization as complementary, not competitive, to their work.
Pathway 2 — Pursue professional network connections to Ingleside Investors. Thomas C. Israel's role as Chairman/CEO of a private family investment firm means that family office forums, New York private equity networks, and Westchester County civic organizations (especially those connected to Yale alumni circles) are productive introduction venues. Similarly, Gregory H. Warner's connections to UC San Diego's Jacobs School of Engineering and Villanova's College of Liberal Arts represent additional entry points for California and Pennsylvania organizations.
Pathway 3 — Lead with institutional credibility, not project specifics. Virtually all grants in the database are recorded as "general support." The foundation responds to organizational track records, not single-program pitches. Emphasize your institution's history, budget scale, leadership tenure, and geographic presence in NY, CT, MA, or CA.
Avoid common mistakes: Do not submit a formal grant proposal to the general address without an introduction. Do not pitch programmatic innovation — this funder values institutional stability. Do not request a first meeting in December, when year-end commitments are already finalized.
Optimal outreach timing: Spring (March–May) or fall (September–October), when development officers at peer nonprofits are actively managing foundation relationships. The four-person volunteer board moves on personal schedules, not institutional deadlines.
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Smallest Grant
$100
Median Grant
$2K
Average Grant
$8K
Largest Grant
$350K
Based on 198 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.
A.C. Israel Foundation has distributed between $1.29M and $2.04M annually over the decade examined, with a recorded total of $5.11M across 611 individual grants in the grantee dataset. The average grant size is $8,363, but the distribution is deeply skewed: the median grant is only $2,000, meaning the majority of grants are small honoraria, event sponsorships, or nominal annual-fund contributions, while a handful of major multi-year commitments drive total volume. The top 10 recipients alone acc.
A C Israel Foundation Inc. has distributed a total of $5.1M across 611 grants. The median grant size is $2K, with an average of $8K. Individual grants have ranged from $100 to $350K.
A.C. Israel Foundation is a classic family private foundation, founded in June 1967 and centered on the personal philanthropic vision of the Israel family, led today by Thomas C. Israel (President and Director), who also serves as Chairman and CEO of Ingleside Investors, a private family holding company specializing in private investments. The foundation operates with zero paid staff, entirely volunteer leadership (all four board members receive $0 compensation), and no public application proces.
A C Israel Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 27 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gregory H Warner | VP, TREASURER, SECRETARY | $0 | $0 | N/A |
| Barry W Gray | VP, DIR, | $0 | $0 | N/A |
| Thomas C Israel | PRES, DIR, | $0 | $0 | N/A |
| Virginia J Goldstein | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$36.5M
Fair Market Value
N/A
Net Worth
$36.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
611
Total Giving
$5.1M
Average Grant
$8K
Median Grant
$2K
Unique Recipients
259
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaSCHOOL OF ENGINEERING | Charlottesville, VA | $10K | 2022 |
| Eisenhower Medical CenterGENERAL SUPPORT | Rancho Mirage, CA | $350K | 2022 |
| Trustees Of Phillips AcademyTHE CLASS OF 1962 FUND FOR STUDENT MENTAL WELLNESS | Andover, MA | $200K | 2022 |
| Foundation For Conservative Masorti-Judaism In IsraelGENERAL SUPPORT | New York, NY | $75K | 2022 |
| Citizens Committee For New York City IncGENERAL SUPPORT | New York, NY | $50K | 2022 |
| Montefiore Medical CenterGENERAL SUPPORT | Bronx, NY | $50K | 2022 |
| Massachusetts General HospitalIN SUPPORT OF A JUNIOR RESEARCHER IN VARIOUS PROJECTS UNDER THE SUPERVISION OF DR. BRANKO BOJOVIC | Boston, MA | $50K | 2022 |
| Yale UniversityYALE GOLF COURSE RESTORATION PROJECT | New Haven, CT | $30K | 2022 |
| Birches School IncBUDGET SHORTFALLS FOR CURRENT FISCAL YEAR | Lincoln, MA | $30K | 2022 |
| Hospital For Special Surgery Fund IncTRIBUTE DINNER HONORING DR. DAVID ALTCHECK | New York, NY | $25K | 2022 |
| Congregation Emanu-El Of The City Of New YorkGENERAL SUPPORT | New York, NY | $25K | 2022 |
| New York-Presbyterian Fund IncPRESIDENTS CIRCLE | New York, NY | $25K | 2022 |
| Juilliard SchoolGENERAL SUPPORT | New York, NY | $25K | 2022 |
| Riverdale Country School IncGENERAL SUPPORT | Bronx, NY | $25K | 2022 |
| Mount Sinai Hospital - Adolescent Health CenterBREAKFAST OF LEGENDS | New York, NY | $25K | 2022 |
| Villanova UniversityTHE GREG WARNER ENDOWED SCHOLARSHIP AT THE COLLEGE OF LIBERAL ARTS AND SCIENCES OF VILLANOVA UNIVERSITY | Villanova, PA | $20K | 2022 |
| The Jacobs School Of Engineering At The University Of California San DiegoGREG WARNER ENDOWED ENGINEERING SCHOLARSHIP | La Jolla, CA | $20K | 2022 |
| Rumsey Hall School IncorporatedGENERAL SUPPORT | Washington Dt, CT | $20K | 2022 |
| Noticeability IncGENERAL SUPPORT | Cambridge, MA | $20K | 2022 |
| Greens Farms Academy IncGFA FUND | Westport, CT | $15K | 2022 |
| The Metropolitan Museum Of ArtGENERAL SUPPORT | New York, NY | $12K | 2022 |
| Kids For Kids Foundation IncGENERAL SUPPORT | Brooklyn, NY | $10K | 2022 |
| Spence SchoolTHIS IS FOR THE BYE BYE BODIE EVENT. | New York, NY | $10K | 2022 |
| Horizons At Greens Farms AcademyGENERAL SUPPORT | Greens Farms, CT | $10K | 2022 |
| Northern Westchester Hospital AssociationGENERAL SUPPORT | Mount Kisco, NY | $10K | 2022 |
| Mgvp IncGENERAL SUPPORT | Davis, CA | $10K | 2022 |
| Cats Meow IncGENERAL SUPPORT | Long Beach, CA | $10K | 2022 |
| Paws Crossed Animal Rescue IncGENERAL SUPPORT | Elmsford, NY | $10K | 2022 |
| Childrens Hospital CorporationFORCE FUND IN HONOR OF EVAN SHEIBER | Boston, MA | $10K | 2022 |
| This For DiplomatsGENERAL SUPPORT | Washington, DC | $10K | 2022 |
| Sky Dog Sanctuary IncGENERAL SUPPORT | Malibu, CA | $10K | 2022 |
| K9 Youth AllianceGENERAL SUPPORT | Pasadena, CA | $8K | 2022 |
| Casa Of Los AngelesGENERAL SUPPORT | Monterey Park, CA | $8K | 2022 |
| Packer Collegiate InstituteFINANCIAL AID | New York, NY | $7K | 2022 |
| Gentle Barn FoundationGENERAL SUPPORT | Santa Clarita, CA | $7K | 2022 |
| Trustees Of Columbia UniversityIN SUPPORT OF THE NAOMI BERRIE DIABETES CENTER | New York, NY | $6K | 2022 |
| The People ConcernGENERAL SUPPORT | Los Angeles, CA | $5K | 2022 |
| American Folk Art MuseumGENERAL SUPPORT | Long Island City, NY | $5K | 2022 |
| The David Sheldrick Wildlife Trust UsaGENERAL SUPPORT | Laguna Hills, CA | $5K | 2022 |
| Planned Parenthood Of Greater New York IncGENERAL SUPPORT | New York, NY | $5K | 2022 |
| Partners Healthcare System Inc - Marthas Vineyard Hospital IncGENERAL SUPPORT | Oak Bluffs, MA | $5K | 2022 |
| Brunswick School IncSENIOR FUND | Greenwich, CT | $5K | 2022 |