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Fernholz Foundation is a private corporation based in PRINCETON, NJ. The foundation received its IRS ruling in 2008. The principal officer is % Dr Luisa T Fernholz. It holds total assets of $16.7M. Annual income is reported at $8.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Fernholz Foundation has made 19 grants totaling $3.9M, with a median grant of $200K. Annual giving has decreased from $1.1M in 2020 to $795K in 2023. Grantmaking activity was highest in 2022 with $2M distributed across 10 grants. Individual grants have ranged from $20K to $325K, with an average award of $207K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New Jersey and New York and Massachusetts. Contributions to this foundation are tax-deductible.
Fernholz Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in NJ, NY, MA.
Fernholz Foundation has distributed a total of $3.9M across 19 grants. The median grant size is $200K, with an average of $207K. Individual grants have ranged from $20K to $325K.
Fernholz Foundation typically selects its grantees rather than accepting unsolicited proposals.
Fernholz Foundation is headquartered in PRINCETON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel T Fernholz | DIRECTOR | $0 | $0 | $0 |
| Ricardo T Fernholz | DIRECTOR | $0 | $0 | $0 |
| E Robert Fernholz | DIRECTOR, SECRETARY | $0 | $0 | $0 |
| Stephen A Briganti | DIRECTOR | $0 | $0 | $0 |
| Luisa T Fernholz | DIRECTOR, PRESIDENT | $0 | $0 | $0 |
Total Giving
$797K
Total Assets
$17.4M
Fair Market Value
$20.8M
Net Worth
$17.4M
Grants Paid
$795K
Contributions
$0
Net Investment Income
$426K
Distribution Amount
$956K
Total: $0
Total Grants
19
Total Giving
$3.9M
Average Grant
$207K
Median Grant
$200K
Unique Recipients
6
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia UniversityDEPARTMENT OF MATHEMATICS | New York, NY | $200K | 2022 |
| Institute For Advanced StudySCHOOL OF MATHEMATICS | Princeton, NJ | $325K | 2023 |
| Princeton University Math DepartmentDEPARTMENT OF MATHEMATICS | Princeton, NJ | $250K | 2023 |
| Weill Cornell MedicineRESEARCH IN NEUROSCIENCE | New York, NY | $200K | 2023 |
| Princeton Community Housing IncGENERAL SUPPORT - AFFORDABLE HOUSING | Princeton, NJ |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| $20K |
| 2023 |
| President And Fellows Of Harvard CollegeDepartment of Mathematics | Cambridge, MA | $250K | 2020 |
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