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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 is governed by 5 officers and trustees. Founded in 2008 to promote research and other endeavors in the Arts and Sciences, supporting specific, selected projects with the hope of making a meaningful contribution. 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, New Jersey and Massachusetts. 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.
Smallest Grant
$200K
Median Grant
$250K
Average Grant
$230K
Largest Grant
$250K
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.
Founded in 2008 to promote research and other endeavors in the Arts and Sciences, supporting specific, selected projects with the hope of making a meaningful contribution. 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 |
|---|---|---|---|---|
| E Robert Fernholz | DIRECTOR, SECRETARY | $0 | $0 | N/A |
| Stephen A Briganti | DIRECTOR | $0 | $0 | N/A |
| Luisa T Fernholz | DIRECTOR, PRESIDENT | $0 | $0 | N/A |
| Daniel T Fernholz | DIRECTOR | $0 | $0 | N/A |
| Ricardo T Fernholz | DIRECTOR | $0 | $0 | N/A |
Total Giving
$797K
Total Assets
$17.4M
Fair Market Value
$20.8M
Net Worth
$17.4M
Grants Paid
$795K
Contributions
N/A
Net Investment Income
$426K
Distribution Amount
$956K
Total: N/A
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 | $20K | 2023 |
| President And Fellows Of Harvard CollegeDepartment of Mathematics | Cambridge, MA | $250K | 2020 |