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Also known as: P60307009
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I T Hirschl Charitable Trust is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1972. The principal officer is Mclaughlin & Stern Llp. It holds total assets of $28.1M. Annual income is reported at $11M. Total assets have decreased from $36.8M in 2010 to $29.2M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, I T Hirschl Charitable Trust has made 25 grants totaling $11M, with a median grant of $400K. The foundation has distributed between $1.9M and $4.8M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $4.8M distributed across 12 grants. Individual grants have ranged from $120K to $1.9M, with an average award of $440K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in New York. 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.
I T Hirschl Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in NY.
I T Hirschl Charitable Trust has distributed a total of $11M across 25 grants. The median grant size is $400K, with an average of $440K. Individual grants have ranged from $120K to $1.9M.
I T Hirschl Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
I T Hirschl Charitable Trust is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Leo L Schmolka | Trustee | $52K | $0 | $52K |
| Stephen E Jacobs | Trustee | $52K | $0 | $52K |
Total Giving
$2.5M
Total Assets
$29.2M
Fair Market Value
$42.3M
Net Worth
$29.2M
Grants Paid
$2.1M
Contributions
N/A
Net Investment Income
$508K
Distribution Amount
$2M
Total: $29.1M
Total Grants
25
Total Giving
$11M
Average Grant
$440K
Median Grant
$400K
Unique Recipients
7
Most Common Grant
$450K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Icahn School Of Medicine - Mt SinaiCHARITABLE | New York, NY | $400K | 2023 |
| Nyu School Of MedicineCHARITABLE | New York, NY | $400K | 2023 |
| Trustees Of Columbia UniversityCHARITABLE | New York, NY | $400K | 2023 |
| Albert Einstein College Of MedicineCHARITABLE | Bronx, NY | $400K | 2023 |
| Weill Medical College-Cornell UnivCHARITABLE | Ithaca, NY | $360K | 2023 |
| Rockefeller UniversityCHARITABLE | New York, NY | $120K | 2023 |
| See AttachedTo promote the work of the organization | New York, NY | $1.9M | 2020 |