//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Drescher Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1988. It holds total assets of $2.8M. Annual income is reported at $469K. Total assets have grown from $1.2M in 2011 to $3M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2016 to 2023. Funding is distributed across 6 states, including Maryland, Illinois, District of Columbia. According to available records, Drescher Foundation has made 20 grants totaling $707K, with a median grant of $6K. Annual giving has decreased from $350K in 2020 to $2K in 2022. Grantmaking activity was highest in 2021 with $355K distributed across 9 grants. Individual grants have ranged from $1K to $253K, with an average award of $35K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in New York, Colorado, North Carolina, which account for 30% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$6K
Average Grant
$39K
Largest Grant
$210K
Based on 9 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.
Drescher Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NY, CO, NC.
Drescher Foundation has distributed a total of $707K across 20 grants. The median grant size is $6K, with an average of $35K. Individual grants have ranged from $1K to $253K.
Awards must be given for charitable, religious, educational or scientific purposes.
Drescher Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Irene M Drescher | ASSISTANT SECRETARY, V.P. | $0 | $0 | N/A |
| Jared M Drescher | CHAIRMAN, V.P., SECRETARY | $0 | $0 | N/A |
| Jay A Katz | TREASURER, V.P. | $0 | $0 | N/A |
Total Giving
$39K
Total Assets
$3M
Fair Market Value
$11.4M
Net Worth
$3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$35K
Distribution Amount
$455K
Total: $2.7M
Total Grants
20
Total Giving
$707K
Average Grant
$35K
Median Grant
$6K
Unique Recipients
12
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chai LifelineFOR OPERATIONS | New York, NY | $22K | 2021 |
| Jewish Social Service AgencyFOR OPERATIONS | Rockville, MD | $1K | 2022 |
| American Comm Weizmann Institute Of ScienceFOR OPERATIONS | Ny, NY | $253K | 2021 |
| Manna Food CenterFOR OPERATIONS | Asheville, NC | $30K | 2021 |
| National Jewish Center For Immunology ResearchFOR OPERATIONS | Denver, CO | $30K | 2021 |
| Charles E Smith Life CommunitiesFOR OPERATIONS | Rockville, MD | $6K | 2021 |
| Jf Kennedy Center Performing ArtsFOR OPERATIONS | Washington, DC | $6K | 2021 |
| Easter SealsFOR OPERATIONS | Chicago, IL | $5K | 2021 |
| Jewish Council For The AgingFOR OPERATIONS | Rockville, MD | $2K | 2021 |
| National Alliance For Mental IllnessFOR OPERATIONS | Arlington, VA | $26K | 2020 |
| Jewish Federation Greater WashingtonFOR OPERATIONS | Rockville, MD | $25K | 2020 |
| Bullis SchoolFOR OPERATIONS | Potomac, MD | $3K | 2020 |