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Herbert Allen Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1995. The principal officer is Herbert A Allen Iii. It holds total assets of $8.4M. Annual income is reported at $980K. 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. Grantmaking is concentrated in New York. According to available records, Herbert Allen Foundation has made 88 grants totaling $8.2M, with a median grant of $17K. Annual giving has decreased from $905K in 2020 to $505K in 2023. Grantmaking activity was highest in 2021 with $5.8M distributed across 20 grants. Individual grants have ranged from $5K to $5M, with an average award of $93K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in New York, California, Georgia, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$17K
Average Grant
$39K
Largest Grant
$225K
Based on 23 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.
Herbert Allen Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 88 grants. Its grantmaking reaches organizations primarily in NY, CA, GA.
Herbert Allen Foundation has distributed a total of $8.2M across 88 grants. The median grant size is $17K, with an average of $93K. Individual grants have ranged from $5K to $5M.
Herbert Allen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Herbert Allen Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$511K
Total Assets
$8.9M
Fair Market Value
$13.8M
Net Worth
$8.9M
Grants Paid
$505K
Contributions
N/A
Net Investment Income
$527K
Distribution Amount
$645K
Total Grants
88
Total Giving
$8.2M
Average Grant
$93K
Median Grant
$17K
Unique Recipients
28
Most Common Grant
$17K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New York Times Neediest Cases Fundunrestricted | New York, NY | $17K | 2023 |
| Pier55 IncUNSRESTRICTED | New York, NY | $5M | 2021 |
| New York Presbyterian Fund Incunrestricted | New York, NY | $240K | 2023 |
| Broome Street Academy Charter Highunrestricted | New York, NY | $40K | 2023 |
| The Door A Center For Alternativesunrestricted | New York, NY | $36K | 2023 |
| All Hallows FoundationUNRESTRICTED | Bronx, NY | $25K | 2023 |
| Vertex Partnership Academiesunrestricted | New York, NY | $25K | 2023 |
| Cornelia Connelly Centerunrestricted | New York, NY | $20K | 2023 |
| The Fresh Air Fundunrestricted | New York, NY | $17K | 2023 |
| City Harvestunrestricted | New York, NY | $17K | 2023 |
| Lewin Fund To Fight Womens Cancersunrestricted | New York, NY | $17K | 2023 |
| Center For Transformative Actionunrestricted | Ithica, NY | $15K | 2023 |
| Center For A New Economyunrestricted | San Juan | $15K | 2023 |
| Feeding Westchesterunrestricted | Elmsford, NY | $10K | 2023 |
| City Parks Foundationunrestricted | New York, NY | $6K | 2023 |
| Conservation Force Cullman Wildlifeunrestricted | Metairie, LA | $5K | 2023 |
| Central Park ConservancyUNRESTRICTED | New York, NY | $5K | 2022 |
| Asian American FoundationUNRESTRICTED | Menlo Park, CA | $250K | 2021 |