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Compass Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1957. The principal officer is Allan C Rabinowitz Inc.. It holds total assets of $146K. Annual income is reported at $14K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York and California. According to available records, Compass Foundation Inc. has made 24 grants totaling $24K, with a median grant of $750. The foundation has distributed between $6K and $12K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $12K distributed across 10 grants. Individual grants have ranged from $500 to $3K, with an average award of $1K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in New York and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$750
Average Grant
$1K
Largest Grant
$3K
Based on 5 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.
Compass Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NY, CA.
Compass Foundation Inc. has distributed a total of $24K across 24 grants. The median grant size is $750, with an average of $1K. Individual grants have ranged from $500 to $3K.
Compass Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Compass Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Broome | Secretary | $0 | $0 | N/A |
| Allan Rabinowitz | Treasurer | $0 | $0 | N/A |
| Daniel Broome | President | $0 | $0 | N/A |
Total Giving
$8K
Total Assets
$140K
Fair Market Value
$136K
Net Worth
$140K
Grants Paid
$6K
Contributions
$4K
Net Investment Income
$6K
Distribution Amount
$6K
Total: $129K
Total Grants
24
Total Giving
$24K
Average Grant
$1K
Median Grant
$750
Unique Recipients
9
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Oligo NationANY EXEMPT PURPOSE | Sebastopol, CA | $2K | 2023 |
| Camp Kesem - University Of PennsylvANY EXEMPT PURPOSE | Los Angeles, CA | $2K | 2023 |
| The Doe FundANY EXEMPT PURPOSE | New York, NY | $1K | 2023 |
| City Meals On WheelsANY EXEMPT PURPOSE | New York, NY | $1K | 2023 |
| Keoni Movement ArtsANY EXEMPT PURPOSE | New York, NY | $500 | 2023 |
| Team Steady BucketsANY EXEMPT PURPOSE | New York, NY | $500 | 2023 |
| Crohn'S And Colitis FoundationANY EXEMPT PURPOSE | New York, NY | $2K | 2022 |
| Streetwise PartnersANY EXEMPT PURPOSE | New York, NY | $1K | 2021 |
| Israel Tennis Education CenterANY EXEMPT PURPOSE | New York, NY | $500 | 2021 |