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Independent Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2003. The principal officer is % Korsinsky. It holds total assets of $9.9M. Annual income is reported at $5.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Independent Foundation has made 4 grants totaling $848K, with a median grant of $254K. Annual giving has grown from $85K in 2021 to $254K in 2023. Grantmaking activity was highest in 2022 with $509K distributed across 2 grants. Individual grants have ranged from $85K to $255K, with an average award of $212K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Independent Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Independent Foundation has distributed a total of $848K across 4 grants. The median grant size is $254K, with an average of $212K. Individual grants have ranged from $85K to $255K.
Independent Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (116526222) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Independent Foundation is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eduard Korsinsky | President | $0 | $0 | $0 |
| Joseph Levi | Treasurer | $0 | $0 | $0 |
Total Giving
$272K
Total Assets
$6.5M
Fair Market Value
$6.5M
Net Worth
$6.5M
Grants Paid
$254K
Contributions
$962K
Net Investment Income
$162K
Distribution Amount
$0
Total: $3.2M
Total Grants
4
Total Giving
$848K
Average Grant
$212K
Median Grant
$254K
Unique Recipients
1
Most Common Grant
$255K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various 501c3 OrganizationsCharitable | New York, NY | $254K | 2023 |
Other foundations that have funded Independent Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Frederick Stearns Charitable Foundation | $5K | 2024 | FURTHER CHARITABLE GOALS |
| John Levy And Gail Rothenberg Family Foundation | $200K | 2023 | CONTRIBUTIONS TO ALL RECIPIENTS WERE MADE TO FURTHER THE ACTIVITIES AND PROGRAMS FOR WHICH THEY WERE ACCORDED TAX EXEMPT STATUS UNDER IRC SECTION 501( C)(3). |
| The Black Dog Private Foundation Inc. | $200K | 2023 | American Independent Radio Program |
| Sarah And Daniel Rueven Foundation | $125K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| GENERAL |
| Shirley & Milton Levy Family Charitable Trust | $107K | 2023 | CONTRIBUTIONS TO ALL RECIPIENTS WERE MADE TO FURTHER TAX EXEMPT STATUS UNDER 501(C)(3). |
| The Marisla Foundation | $50K | 2023 | GENERAL SUPPORT |
| Frankel Family Foundation | $30K | 2023 | UNRESTRICTED |
| Andrew And Rachel Marks Foundation | $25K | 2023 | CHARITABLE |
| Lambert Family Foundation | $25K | 2023 | GENERAL |
| Hutton Family Foundation | $25K | 2023 | SEE STATEMENT A |
| David Hochberg Foundation | $25K | 2023 | GENERAL SUPPORT |
| Hph Family Foundation | $25K | 2023 | General & Unrestricted |
| Katherine U & Ronald W Takvorian Charitable Foundation | $20K | 2023 | PROGRAM SUPPORT |
| Alice Kleberg Reynolds Meyer Foundation Trust | $20K | 2023 | UNRESTRICTED GRANT |
| John S And James L Knight Foundation Inc. | $15K | 2023 | TO SUPPORT THE MISSION OF KEEPING CONCORDIANS CONNECTED THROUGH IMPARTIAL REPORTING AND NEWS COVERAGE FOR THE COMMUNITY VIA THE NON-PROFIT WEEKLY NEWSPAPER, THE CONCORD BRIDGE. |
| Delloakes Foundation | $15K | 2023 | General & Unrestricted |
| Harrington Family Foundation | $10K | 2023 | FOSTER STRONG, INDEPENDENT JOURNALISM THAT HELPS CREATE POSITIVE SOCIETAL CHANGE THROUGH INCREASED PUBLIC AWARENESS OF PROGRESSIVE ISSUES. |
| Loreen Arbus Foundation | $10K | 2023 | FOSTER STRONG, INDEPENDENT JOURNALISM THAT HELPS CREATE POSITIVE SOCIETAL CHANGE THROUGH INCREASED PUBLIC AWARENESS OF PROGRESSIVE ISSUES |
| Harrington Family Foundation | $10K | 2023 | FOSTER STRONG, INDEPENDENT JOURNALISM THAT HELPS CREATE POSITIVE SOCIETAL CHANGE THROUGH INCREASED PUBLIC AWARENESS OF PROGRESSIVE ISSUES. |
| Steven M Goldman Family Foundation | $8K | 2023 | GENERAL PURPOSE |
| Frederick Stearns Charitable Foundation | $5K | 2023 | FURTHER CHARITABLE GOALS |
| Elkind Family Foundation | $3K | 2023 | b25CONT:Social Service:Health & Human Services |
| Everett Foundation Inc. | $2K | 2023 | GENERAL |
| Crankstart Foundation | $1M | 2022 | GENERAL SUPPORT |
| Foundation To Promote Open Society | $500K | 2022 | TO PROVIDE GENERAL SUPPORT |
| Foundation To Promote Open Society | $500K | 2022 | TO PROVIDE GENERAL SUPPORT |
| Catena Foundation | $300K | 2022 | CIVIC ENGAGEMENT & PROTECTING DEMOCRACY - GENERAL OPERATING SUPPORT |
| Catena Foundation | $300K | 2022 | CIVIC ENGAGEMENT & PROTECTING DEMOCRACY - GENERAL OPERATING SUPPORT |
| The Fine & Greenwald Foundation | $100K | 2022 | MEDIA |
| Sarah And Daniel Rueven Foundation | $100K | 2022 | GENERAL |
| Sarah And Daniel Rueven Foundation | $100K | 2022 | GENERAL |
| The Fine & Greenwald Foundation | $100K | 2022 | MEDIA |
| Goatee Foundation T-A Trust | $75K | 2022 | GENERAL OPERATING SUPPORT |
| Innovo Foundation | $67K | 2022 | COMMUNICATION MEDIA |
| Innovo Foundation | $67K | 2022 | COMMUNICATION MEDIA |
| Scott Foundation | $50K | 2022 | TO SUPPORT THE ORGANIZATION'S MISSION TO REPORT ON PROGRESSIVE POLITICAL NEWS AND ISSUES. |
| Fourdoves Foundation | $50K | 2022 | General |
| Hph Family Foundation | $50K | 2022 | General & Unrestricted |
| Fourdoves Foundation | $50K | 2022 | General |
| Hph Family Foundation | $50K | 2022 | General & Unrestricted |
| The Marisla Foundation | $50K | 2022 | GENERAL SUPPORT |
| The Marisla Foundation | $50K | 2022 | GENERAL SUPPORT |
| Scott Foundation | $50K | 2022 | TO SUPPORT THE ORGANIZATION'S MISSION TO REPORT ON PROGRESSIVE POLITICAL NEWS AND ISSUES. |
| David Hochberg Foundation | $45K | 2022 | GENERAL SUPPORT |
| David Hochberg Foundation | $45K | 2022 | GENERAL SUPPORT |
| Lambert Family Foundation | $40K | 2022 | GENERAL |
| Lambert Family Foundation | $40K | 2022 | GENERAL |
| Howard And Nancy Marks Foundation | $28K | 2022 | CHARITABLE |
| Howard And Nancy Marks Foundation | $28K | 2022 | CHARITABLE |
| Orr Family Foundation | $25K | 2022 | GENERAL FUND |
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