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Francois Wallace Monahan Fund is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2017. The principal officer is Herrick Feinstein Llp. It holds total assets of $4.3M. Annual income is reported at $992K. The foundation is governed by 2 officers and trustees. 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 2018 to 2023. According to available records, Francois Wallace Monahan Fund has made 6 grants totaling $2.1M, with a median grant of $395K. Annual giving has grown from $380K in 2020 to $585K in 2023. Grantmaking activity was highest in 2022 with $585K distributed across 2 grants. Individual grants have ranged from $175K to $555K, with an average award of $351K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and California. Contributions to this foundation are tax-deductible.
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.
Francois Wallace Monahan Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NY, CA.
Francois Wallace Monahan Fund has distributed a total of $2.1M across 6 grants. The median grant size is $395K, with an average of $351K. Individual grants have ranged from $175K to $555K.
Francois Wallace Monahan Fund typically selects its grantees rather than accepting unsolicited proposals.
Francois Wallace Monahan Fund is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel D Lee | TRUSTEE | $13K | $0 | $13K |
| Christina Mason | TRUSTEE/TREASURER | $13K | $0 | $13K |
Total Giving
$710K
Total Assets
$4.4M
Fair Market Value
$9M
Net Worth
$4.4M
Grants Paid
$585K
Contributions
N/A
Net Investment Income
$37K
Distribution Amount
$425K
Total: $4.1M
Total Grants
6
Total Giving
$2.1M
Average Grant
$351K
Median Grant
$395K
Unique Recipients
3
Most Common Grant
$175K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Memorial Sloan Kettering Cancer CenterGENERAL | New York, NY | $410K | 2023 |
| Pancreatic Cancer Action NetworkGENERAL | Manhattan Beach, CA | $175K | 2023 |
| Rockefeller UniversityGENERAL | New York, NY | $555K | 2021 |