Also known as: FOUNDATION INC
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Albert & Cynthia Setton Family Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2019. It holds total assets of $260K. Annual income is reported at $607K. Total assets have decreased from $721K in 2018 to $354K in 2022. 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 New Jersey. According to available records, Albert & Cynthia Setton Family Foundation has made 83 grants totaling $1.5M, with a median grant of $10K. Annual giving has grown from $206K in 2020 to $564K in 2023. Individual grants have ranged from $101 to $250K, with an average award of $17K. The foundation has supported 43 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Ohio, which account for 96% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$11K
Average Grant
$16K
Largest Grant
$52K
Based on 22 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.
Albert & Cynthia Setton Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 83 grants. Its grantmaking reaches organizations primarily in NY, NJ, OH.
Albert & Cynthia Setton Family Foundation has distributed a total of $1.5M across 83 grants. The median grant size is $10K, with an average of $17K. Individual grants have ranged from $101 to $250K.
Albert & Cynthia Setton Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Albert & Cynthia Setton Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Albert Setton | DIRECTOR | $0 | $0 | N/A |
| Cynthia Setton | DIRECTOR | $0 | $0 | N/A |
| Lee Cohen | DIRECTOR | $0 | $0 | N/A |
Total Giving
$565K
Total Assets
$354K
Fair Market Value
$355K
Net Worth
$354K
Grants Paid
$564K
Contributions
$270K
Net Investment Income
$2K
Distribution Amount
$32K
Total: $100K
Total Grants
83
Total Giving
$1.5M
Average Grant
$17K
Median Grant
$10K
Unique Recipients
43
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bet Yosef FoundationCHARITABLE | New York, NY | $19K | 2022 |
| Hatzoloh Of FlatbushCHARITABLE | Brooklyn, NY | $250K | 2023 |
| Sephardic Bikur HolimCHARITABLE | Brooklyn, NY | $48K | 2023 |
| Ahaba Ve AhvaCHARITABLE | Brooklyn, NY | $36K | 2023 |
| Ny Cancer CenterCHARITABLE | New York, NY | $34K | 2023 |
| Special Children CenterCHARITABLE | Brooklyn, NY | $28K | 2023 |
| Magen David YeshivahCHARITABLE | Brooklyn, NY | $27K | 2023 |
| Sephardic Food FundCHARITABLE | New York, NY | $26K | 2023 |
| RenewalCHARITABLE | Brooklyn, NY | $19K | 2023 |
| Foundation For Sephardic Studies IncCHARITABLE | Brooklyn, NY | $16K | 2023 |
| Yad David IncCHARITABLE | Brooklyn, NY | $12K | 2023 |
| A Torah Infertility Medium Of ExchangeCHARITABLE | Brooklyn, NY | $10K | 2023 |
| Aram Soba Raanana IncCHARITABLE | Sanford, NC | $10K | 2023 |
| The Educational Advocacy Coalition Of NycCHARITABLE | San Francisco, CA | $8K | 2023 |
| Beer Miriam Charitable FoundationCHARITABLE | Brooklyn, NY | $6K | 2023 |
| Dsn Community CenterCHARITABLE | Oakhurst, NJ | $5K | 2023 |
| Edison Muslim Community CenterCHARITABLE | Edison, NJ | $4K | 2023 |
| Yeshivat Moreshet Yerushalayim IncCHARITABLE | New York, NY | $4K | 2023 |
| Israel Medical FundCHARITABLE | Dsolon, OH | $4K | 2023 |
| Koach Hatorah IncCHARITABLE | Farmingdale, NJ | $4K | 2023 |
| Congregation Beit Yosef Of Deal IncCHARITABLE | Deal, NJ | $2K | 2023 |
| Ahi Ezer CongregationCHARITABLE | Brooklyn, NY | $2K | 2023 |
| Levavi Org IncCHARITABLE | New York, NY | $2K | 2023 |
| American Friends Of Shevach IncCHARITABLE | Staten Island, NY | $2K | 2023 |
| Hillel YeshivaCHARITABLE | Ocean Township, NJ | $2K | 2023 |
| Chai Lifeline IncCHARITABLE | New York, NY | $2K | 2023 |
| Charidy IncCHARITABLE | Brooklyn, NY | $1K | 2023 |
| Edmond J Safra SynagogueCHARITABLE | New York, NY | $1K | 2023 |
| Yeshiva Gedola LubavitchCHARITABLE | Queens, NY | $501 | 2023 |
| Yeshivah Of FlatbushCHARITABLE | Brooklyn, NY | $480 | 2023 |
| Network For GoodCHARITABLE | Baltimore, MD | $268 | 2023 |
| Congregation Derech Chaim IncCHARITABLE | Brooklyn, NY | $101 | 2023 |
| Chabad Lubavitch Of HarlemCHARITABLE | New York, NY | $101 | 2023 |
| Sephardic Medical Resources IncCHARITABLE | Brooklyn, NY | $52K | 2022 |
| Sephardic Community CenterCHARITABLE | Brooklyn, NY | $10K | 2022 |
| Donate Your Time IncCHARITABLE | Brooklyn, NY | $5K | 2022 |
| Various Contributions 1000 And UnderCHARITABLE | New York, NY | $3K | 2022 |