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Also known as: FOUNDATION INC
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Glenn Greenbeg And Linda Vester Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2004. The principal officer is Chieftain Capital Management Inc.. It holds total assets of $214.5M. Annual income is reported at $155.2M. Total assets have grown from $3.9M in 2011 to $206.8M in 2023. The foundation is governed by 4 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 2020 to 2023. The foundation primarily funds organizations in New York and District of Columbia. According to available records, Glenn Greenbeg And Linda Vester Foundation Inc. has made 98 grants totaling $32.4M, with a median grant of $125K. Annual giving has grown from $3.1M in 2020 to $17.4M in 2023. Individual grants have ranged from $8K to $6M, with an average award of $330K. The foundation has supported 43 unique organizations. The foundation primarily supports organizations in New York, PR, Massachusetts, which account for 57% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$100K
Average Grant
$193K
Largest Grant
$650K
Based on 16 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.
Glenn Greenbeg And Linda Vester Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 98 grants. Its grantmaking reaches organizations primarily in NY, PR, MA.
Glenn Greenbeg And Linda Vester Foundation Inc. has distributed a total of $32.4M across 98 grants. The median grant size is $125K, with an average of $330K. Individual grants have ranged from $8K to $6M.
Glenn Greenbeg And Linda Vester Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Glenn Greenbeg And Linda Vester Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gregory Greenberg | DIR | $0 | $0 | N/A |
| Spencer Greenberg | DIR | $0 | $0 | N/A |
| Linda J Vester | PRES/DIR | $0 | $0 | N/A |
| Glenn H Greenberg | SECY/TREAS/DIR | $0 | $0 | N/A |
Total Giving
$18M
Total Assets
$206.8M
Fair Market Value
$282.7M
Net Worth
$206.8M
Grants Paid
$17.4M
Contributions
$11.8M
Net Investment Income
$37.6M
Distribution Amount
$11.4M
Total Grants
98
Total Giving
$32.4M
Average Grant
$330K
Median Grant
$125K
Unique Recipients
43
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Worldwide Friends FoundationCHARITABLE | New York, NY | $350K | 2023 |
| Tasis Dorado Educational Foundation IncCHARITABLE | Dorado, PR | $6M | 2023 |
| Facing History And OurselvesCHARITABLE | Boston, MA | $2M | 2023 |
| Institue Of International EducationCHARITABLE | New York, NY | $2M | 2023 |
| The Posse FoundationCHARITABLE | New York, NY | $1M | 2023 |
| Operation Opportunity FoundationCHARITABLE | Washington, DC | $600K | 2023 |
| Yale UniversityCHARITABLE | New Haven, CT | $600K | 2023 |
| Possibility Labs(Visible Labs Vc)CHARITABLE | San Francisco, CA | $500K | 2023 |
| The Jane Stern Dorado Community Library IncCHARITABLE | Dorado, PR | $500K | 2023 |
| Peer Health Exchange IncCHARITABLE | Oakland, CA | $500K | 2023 |
| Lawyers For Children IncCHARITABLE | New York, NY | $500K | 2023 |
| Morys Preservation IncCHARITABLE | New Haven, CT | $475K | 2023 |
| CodeorgCHARITABLE | Seattle, WA | $300K | 2023 |
| Instituto Nueva EscuelaCHARITABLE | San Juan, PR | $300K | 2023 |
| American TransparencyCHARITABLE | Burr Ridge, IL | $250K | 2023 |
| New York PresbyterianCHARITABLE | New York, NY | $200K | 2023 |
| Memorial Sloan Kettering Can Cer CenterCHARITABLE | New York, NY | $200K | 2023 |
| Center For A New EconomyCHARITABLE | San Juan, PR | $200K | 2023 |
| Spark The WaveCHARITABLE | Washington, DC | $170K | 2023 |
| Fundacion Luis G FortunoCHARITABLE | San Juan, PR | $150K | 2023 |
| Active MindsCHARITABLE | Washington, DC | $100K | 2023 |
| The Jackie Robinson FoundationCHARITABLE | New York, NY | $100K | 2023 |
| Ursuline AcademyCHARITABLE | Wilmington, DE | $60K | 2023 |
| Guiding Eyes For The BlindCHARITABLE | Yorktown Hts, NY | $50K | 2023 |
| The Seeing EyeCHARITABLE | Morristown, NJ | $50K | 2023 |
| Hellen Keller InternationalCHARITABLE | New York, NY | $50K | 2023 |
| Squash HavenCHARITABLE | New Haven, CT | $50K | 2023 |
| Brick Presbyterian ChurchCHARITABLE | New York, NY | $35K | 2023 |
| Cato InstituteCHARITABLE | Washington, DC | $10K | 2023 |
| The Manhattan InsituteCHARITABLE | New York, NY | $10K | 2023 |
| Kinesis FoundationCHARITABLE | Guaynabo, PR | $10K | 2023 |
| Corryville Catholic Elementary SchoolCHARITABLE | Cincinnati, OH | $8K | 2023 |
| Warrior Scholar ProjectCHARITABLE | Washington, DC | $500K | 2022 |