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Also known as: FOUNDATION INC
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Fredd And Marjorie Isaksen Family Foundation Inc. is a private corporation based in OYSTER BAY, NY. The foundation received its IRS ruling in 2017. It holds total assets of $860K. Annual income is reported at $56K. The foundation is governed by 3 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 2017 to 2023. The foundation primarily funds organizations in New York and Maine. According to available records, Fredd And Marjorie Isaksen Family Foundation Inc. has made 22 grants totaling $196K, with a median grant of $7K. The foundation has distributed between $35K and $83K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $83K distributed across 10 grants. Individual grants have ranged from $1K to $30K, with an average award of $9K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New York, Illinois, Maine, which account for 95% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$12K
Largest Grant
$30K
Based on 3 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.
Fredd And Marjorie Isaksen Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NY, IL, ME.
Fredd And Marjorie Isaksen Family Foundation Inc. has distributed a total of $196K across 22 grants. The median grant size is $7K, with an average of $9K. Individual grants have ranged from $1K to $30K.
Fredd And Marjorie Isaksen Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Fredd And Marjorie Isaksen Family Foundation Inc. is headquartered in OYSTER BAY, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fredd Hoff Isaksen | Director | $0 | $0 | N/A |
| Marjorie Cyr Isaksen | Director | $0 | $0 | N/A |
| Kirsten Cyr Benjamin | Director | $0 | $0 | N/A |
Total Giving
$43K
Total Assets
$854K
Fair Market Value
$868K
Net Worth
$854K
Grants Paid
$42K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$42K
Total: $830K
Total Grants
22
Total Giving
$196K
Average Grant
$9K
Median Grant
$7K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alzheimers AssociationCHARITABLE | Chicago, IL | $10K | 2023 |
| Lustgarten FoundationCHARITABLE | Woodbury, NY | $10K | 2023 |
| Various Recognized CharitiesCHARITABLE | Oyster Bay, NY | $7K | 2023 |
| University Of MaineCHARITABLE | Fort Kent, ME | $5K | 2023 |
| Berkshire SchoolCHARITABLE | Sheffield, MA | $5K | 2023 |
| Green Vale SchoolCHARITABLE | Old Brookville, NY | $3K | 2023 |
| Norwegian Seamen'S ChurchCHARITABLE | New York, NY | $2K | 2023 |