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Also known as: c/o Gelfand Rennert & Feldman LLC
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Joel Foundation is a private corporation based in WHITE PLAINS, NY. The foundation received its IRS ruling in 2012. The principal officer is Gelfand Rennert & Feldman L. It holds total assets of $4.3M. Annual income is reported at $3M. Total assets have grown from $984K in 2012 to $4.8M 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 2015 to 2023. Grantmaking is concentrated in New York. According to available records, Joel Foundation has made 69 grants totaling $3.7M, with a median grant of $25K. Annual giving has decreased from $1M in 2020 to $688K in 2023. Grantmaking activity was highest in 2022 with $1.6M distributed across 32 grants. Individual grants have ranged from $5K to $500K, with an average award of $54K. The foundation has supported 36 unique organizations. The foundation primarily supports organizations in New York, Florida, California, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$31K
Largest Grant
$150K
Based on 12 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.
Joel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 69 grants. Its grantmaking reaches organizations primarily in NY, FL, CA.
Joel Foundation has distributed a total of $3.7M across 69 grants. The median grant size is $25K, with an average of $54K. Individual grants have ranged from $5K to $500K.
Joel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joel Foundation is headquartered in WHITE PLAINS, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William M Joel | Director | $0 | $0 | N/A |
| Lee V Eastman | Secretary | $0 | $0 | N/A |
| Todd R Kamelhar | Treasurer | $0 | $0 | N/A |
| Alexis Joel | Vice President | $0 | $0 | N/A |
Total Giving
$758K
Total Assets
$4.8M
Fair Market Value
$6.5M
Net Worth
$4.8M
Grants Paid
$688K
Contributions
N/A
Net Investment Income
$667K
Distribution Amount
$312K
Total: $4M
Total Grants
69
Total Giving
$3.7M
Average Grant
$54K
Median Grant
$25K
Unique Recipients
36
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Exploring The ArtsGENERAL | Astoria, NY | $197K | 2023 |
| Nassau BocesGENERAL | Garden City, NY | $181K | 2023 |
| The Everglades FoundationGENERAL | Palmetto Bay, FL | $50K | 2023 |
| East Hampton LibraryGENERAL | East Hampton, NY | $50K | 2023 |
| Road Recovery FoundationGENERAL | New York, NY | $35K | 2023 |
| Long Island Music Hall Of FameGENERAL | Stonybrook, NY | $30K | 2023 |
| Elaine Kaufman Cultural CenterGENERAL | New York, NY | $25K | 2023 |
| The Perlman Music ProgramGENERAL | New York, NY | $25K | 2023 |
| East End ArtsGENERAL | Riverhead, NY | $25K | 2023 |
| The Afro-Latin Jazz AllianceGENERAL | New York, NY | $15K | 2023 |
| Metropolitan Youth Orchestra SocietyGENERAL | Manhasset, NY | $15K | 2023 |
| The Christeen Oyster Sloop PreservationGENERAL | Oyster Bay, NY | $10K | 2023 |
| Sweet Relief Musicians FundGENERAL | Brea, CA | $10K | 2023 |
| Oyster Bay Music FestivalGENERAL | Halesite, NY | $5K | 2023 |
| JtcfGENERAL | Wantagh, NY | $5K | 2023 |
| Rites Of Spring Music FestivalGENERAL | Southold, NY | $5K | 2023 |
| Lupus Foundation Of AmericaGENERAL | Washington, DC | $5K | 2023 |
| Community Cooperative IncGENERAL | Fort Myers, FL | $250K | 2022 |
| Global Empowerment Mission IncGENERAL | Doral, FL | $250K | 2022 |
| Society Of The Third Street Music SchoolGENERAL | New York, NY | $30K | 2022 |
| Brooklyn Conservatory Of MusicGENERAL | Brooklyn, NY | $30K | 2022 |
| The Carnegie Hall CorporationGENERAL | New York, NY | $25K | 2022 |
| The Fund For Public SchoolsGENERAL | New York, NY | $15K | 2022 |
| The Jazz LoftGENERAL | Stony Brook, NY | $15K | 2022 |
| Manhattan School Of MusicGENERAL | New York, NY | $13K | 2022 |
| School News Nationwide IncGENERAL | Brooklyn, NY | $10K | 2022 |
| Arts Center At Duck Creek IncGENERAL | East Hampton, NY | $10K | 2022 |
| Exploring The Arts IncGENERAL | Astoria, NY | $150K | 2021 |