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Cy Posen Foundation is a private trust based in SPRING VALLEY, NY. The foundation received its IRS ruling in 2020. It holds total assets of $6K. Annual income is reported at $30K. Total assets have decreased from $60K in 2020 to $6K in 2024. 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 2020 to 2024. Grantmaking is concentrated in New York. According to available records, Cy Posen Foundation has made 9 grants totaling $65K, with a median grant of $9K. Annual giving has grown from $23K in 2021 to $42K in 2022. Individual grants have ranged from $710 to $13K, with an average award of $7K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$710
Median Grant
$6K
Average Grant
$6K
Largest Grant
$10K
Based on 7 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.
Cy Posen Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NY.
Cy Posen Foundation has distributed a total of $65K across 9 grants. The median grant size is $9K, with an average of $7K. Individual grants have ranged from $710 to $13K.
Cy Posen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cy Posen Foundation is headquartered in SPRING VALLEY, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chaim J Posen | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6K
Fair Market Value
N/A
Net Worth
$6K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$65K
Average Grant
$7K
Median Grant
$9K
Unique Recipients
7
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chelkainy ImuhemCHARITABLE | Spring Valley, NY | $10K | 2022 |
| Kupath ChasanimCHARITABLE | Spring Valley, NY | $10K | 2022 |
| Cong Sdei YakovCHARITABLE | Spring Valley, NY | $9K | 2022 |
| UtaCHARITABLE | Monsey, NY | $6K | 2022 |
| Ashreinu IncCHARITABLE | Brooklyn, NY | $5K | 2022 |
| Cong Zemach DavidCHARITABLE | Brooklyn, NY | $2K | 2022 |
| VariousCHARITABLE | Spring Valley, NY | $710 | 2022 |