//
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Asness Family Foundation is a private trust based in MELVILLE, NY. The foundation received its IRS ruling in 2017. The principal officer is The Foundation. It holds total assets of $23.9M. Annual income is reported at $8.7M. Total assets have decreased from $36.5M in 2019 to $26M in 2022. 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 2018 to 2023. According to available records, Asness Family Foundation has made 6 grants totaling $47.4M, with a median grant of $8.2M. Annual giving has grown from $6.8M in 2020 to $8.4M in 2023. Grantmaking activity was highest in 2022 with $24.6M distributed across 3 grants. Individual grants have ranged from $6.8M to $8.4M, with an average award of $7.9M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. 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.
Asness Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NY.
Asness Family Foundation has distributed a total of $47.4M across 6 grants. The median grant size is $8.2M, with an average of $7.9M. Individual grants have ranged from $6.8M to $8.4M.
Asness Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Asness Family Foundation is headquartered in MELVILLE, NY.
Track this funder — get alerted when new grants match
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Clifford S Asness | TRUSTEE | $0 | $0 | N/A |
Total Giving
$9.5M
Total Assets
$26M
Fair Market Value
$32.6M
Net Worth
$26M
Grants Paid
$8.4M
Contributions
N/A
Net Investment Income
$4.6M
Distribution Amount
$1.5M
Total: $4M
Total Grants
6
Total Giving
$47.4M
Average Grant
$7.9M
Median Grant
$8.2M
Unique Recipients
2
Most Common Grant
$8.2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Statement A AttachedSEE STATEMENT A ATTACHED | Melville, NY | $8.4M | 2023 |
| See AttachmentSEE ATTACHMENT | Melville, NY | $6.8M | 2020 |