Also known as: CHARITABLE TRUST
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Leona M & Harry B Helmsley Charitable Trust is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2000. The principal officer is Charitable Trust. It holds total assets of $7.1B. Annual income is reported at $777.7M. Total assets have grown from $4.1B in 2010 to $7.3B in 2023. The foundation is governed by 7 officers and trustees. Tax records are available from 2021 to 2023. Funding is distributed across 5 states, including Global, New York City, Upper Midwest US. According to available records, Leona M & Harry B Helmsley Charitable Trust has made 1,647 grants totaling $1B, with a median grant of $290K. Annual giving has grown from $262.3M in 2021 to $770M in 2022. Individual grants have ranged from $5K to $15.6M, with an average award of $627K. The foundation has supported 473 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, California, which account for 27% of all grants. Grantmaking reaches organizations across 42 states. Contributions to this foundation are tax-deductible.
The Helmsley Charitable Trust operates with a deeply targeted, invitation-only grantmaking model that distinguishes it from most major foundations. Rather than accepting unsolicited proposals, Helmsley's in-house program experts actively identify and recruit partners whose work aligns with the Trust's six core program areas. This approach allows the Trust to deploy long-term, concentrated investments in areas where private funding is sparse or absent—such as rural ultrasound deployment, AI-powered Crohn's diagnostics, and agricultural recovery in conflict zones. Helmsley's strategy is to go deep rather than broad, making fewer but larger and more sustained commitments. The Trust frequently funds multi-year initiatives and has a track record of providing follow-on grants to successful grantees. Their staff includes scientists, public health experts, and social workers who bring domain expertise to funding decisions, ensuring grants are technically grounded and strategically aligned.
With $7.3 billion in assets and $484 million in annual charitable disbursements (FY2024), Helmsley is one of the largest health-focused private foundations in the United States. The Trust disbursed $445.7 million across 585 grants in 2024, with individual awards ranging from $5,000 to $22.5 million. The median grant size skews high relative to peers, reflecting Helmsley's preference for substantial, transformative investments over small seed grants. Healthcare dominates the portfolio: Type 1 Diabetes and Crohn's Disease research receive the largest programmatic allocations, with Helmsley surpassing U.S. government funding in some T1D research years. Rural Healthcare grants frequently target infrastructure and equipment (e.g., $4M to Riverton Medical District, $6M to Kahuku Medical Center). The Israel program spans health, security, and agricultural recovery. New York City grants focus on homelessness, healthcare access, and workforce development for underserved populations. Sub-Saharan Africa grants center on child welfare and agribusiness development.
| Foundation | Assets | Annual Giving | Focus Areas | Application Model |
|---|---|---|---|---|
| Helmsley Charitable Trust | $7.3B | $484M | T1D, Crohn''s, Rural Health, Israel, NYC, Africa | Invitation only |
| Bill & Melinda Gates Foundation | $75.2B | $8.3B | Global health, education, poverty | Open + invitation |
| Robert Wood Johnson Foundation | $13.9B | $530M | Health equity, public health systems | Open RFPs |
| Bloomberg Philanthropies | $11.8B | $1.7B | Public health, environment, education, arts | Invitation + targeted |
| W.K. Kellogg Foundation | $7.7B | $300M | Children, families, communities, racial equity | Open RFPs |
| The Duke Endowment | $4.2B | $180M | Healthcare, education, rural churches (Carolinas) | Open applications |
Helmsley occupies a unique niche as one of the few $7B+ foundations that is entirely invitation-only. Its per-grant average ($761K) is among the highest in the sector, and its disease-specific focus on T1D and Crohn''s is unmatched among foundations of comparable size. Unlike Gates or RWJF, Helmsley does not operate open application cycles, which limits accessibility but enables deeper, more strategic partnerships.
In 2025-2026, Helmsley has been particularly active in rural and island healthcare infrastructure. Major recent awards include: $6M to Kahuku Medical Center in Hawaii (March 2026); $5M to Kapiolani Medical Center for the Martha B. Smith Cancer & Infusion Center (2025); $4M to Riverton Medical District for new hospital equipment (2025); $2.2M to University of Hawaii for medical training and the Ho''ola Early Phase Clinical Research Center opening March 2026; $2.25M to Nuru Burkina Faso for smallholder farm agribusiness; $2.2M to support agricultural recovery of Kibbutz Be''eri in Israel (May 2025); and $1.6M to Queen''s Medical Center for ECMO program expansion in Honolulu (May 2025). In Crohn''s disease, Helmsley awarded $3M to Mount Sinai for epithelial healing research. The Trust also made a landmark gift to the American Heart Association, becoming one of AHA''s largest donors in its 100-year history. These grants demonstrate continued emphasis on healthcare infrastructure in underserved geographies and disease-specific research breakthroughs.
Because Helmsley operates on an invitation-only basis, traditional application strategies do not apply. However, organizations can position themselves for engagement through several approaches: (1) Build visibility within Helmsley''s six program areas by publishing research, presenting at relevant conferences, and developing partnerships with existing Helmsley grantees. (2) Monitor helmsleytrust.org for periodic RFPs—these are the only open application windows and tend to have specific, narrow scopes. (3) Engage with Helmsley''s grantee network; the Trust values referrals from current partners. (4) Demonstrate measurable impact and data-driven approaches—Helmsley''s in-house scientists and experts prioritize evidence-based interventions. (5) Focus on geographies where Helmsley is active: the Upper Midwest, Hawaii, New York City, Israel, and Sub-Saharan Africa. (6) For rural healthcare organizations, emphasize infrastructure gaps and population health metrics. (7) Contact grants@helmsleytrust.org or call 212-679-3600 for general inquiries, but do not send unsolicited proposals. (8) Organizations working in T1D or Crohn''s disease should connect with disease-specific advocacy networks that interface with Helmsley program staff.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
For the production of video and other design support to communicate impact in furtherance of the foundation's mission.
Expenses: $1M
For technical support to grantees to meet their strategic and communications needs to drive further impact of their charitable work.
Expenses: $334K
For convening experts to explore program priorities, share research and ideas, and brainstorm new areas of impact in support of the foundation's mission.
Expenses: $61K
Pursuing a cure for Crohn's disease affecting over 2 million globally through research funding
Strengthening health, safety, and security in Israel including renewable energy and medical research
Improving quality care access in the upper Midwest and beyond
Supporting safer, more fulfilling lives for the T1D community through research and technology
Holistic programs for child and family well-being in Sub-Saharan Africa
Health and stability investments for underserved populations in New York City
With $7.3 billion in assets and $484 million in annual charitable disbursements (FY2024), Helmsley is one of the largest health-focused private foundations in the United States. The Trust disbursed $445.7 million across 585 grants in 2024, with individual awards ranging from $5,000 to $22.5 million. The median grant size skews high relative to peers, reflecting Helmsley's preference for substantial, transformative investments over small seed grants. Healthcare dominates the portfolio: Type 1 Dia.
Leona M & Harry B Helmsley Charitable Trust has distributed a total of $1B across 1,647 grants. The median grant size is $290K, with an average of $627K. Individual grants have ranged from $5K to $15.6M.
The Helmsley Charitable Trust operates with a deeply targeted, invitation-only grantmaking model that distinguishes it from most major foundations. Rather than accepting unsolicited proposals, Helmsley's in-house program experts actively identify and recruit partners whose work aligns with the Trust's six core program areas. This approach allows the Trust to deploy long-term, concentrated investments in areas where private funding is sparse or absent—such as rural ultrasound deployment, AI-power.
Leona M & Harry B Helmsley Charitable Trust is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 42 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rosalind M Hewsenian | CHIEF INVESTMENT OFFICER | $1.7M | $205K | $1.9M |
| Stephanie A Cuskley | CHIEF EXECUTIVE OFFICER THRU 10/31/21 | $1.6M | $128K | $1.7M |
| Sarah E Paul | CEO & GENERAL COUNSEL (STMT 22) | $703K | $164K | $868K |
| Nicholas J Schiavo | CHIEF FINANCIAL OFFICER | $393K | $117K | $511K |
| Sandor Frankel | TRUSTEE | $125K | $0 | $125K |
| David Panzirer | TRUSTEE | $125K | $0 | $125K |
| Walter Panzirer | TRUSTEE | $125K | $0 | $125K |
Total Giving
$534.9M
Total Assets
$7.3B
Fair Market Value
N/A
Net Worth
$6.7B
Grants Paid
N/A
Contributions
$1K
Net Investment Income
$119.4M
Distribution Amount
$367.1M
Total Grants
1,647
Total Giving
$1B
Average Grant
$627K
Median Grant
$290K
Unique Recipients
473
Most Common Grant
$200K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Blue Circle Health IncCREATION OF BLUE CIRCLE HEALTH FOR UNDERSERVED COMMUNITIES WITH T1D | Wilmington, DE | $15.6M | 2022 |
| Regents Of The University Of MinnesotaMINNESOTA FIRST RESPONDER AED PROJECT | Minneapolis, MN | $12.6M | 2022 |
| Shaare Zedek Medical CenterTHE HELMSLEY CANCER CENTER AT SHAARE ZEDEK MEDICAL CENTER JERUSALEM | Jerusalem | $9.9M | 2022 |
| Engineering Ministries International UsaALASKA WASH PROJECT | Colorado Springs, CO | $6.7M | 2022 |
| Nebraska Department Of Health & Human ServicesNEBRASKA FIRST RESPONDER AED PROJECT | Lincoln, NE | $5.6M | 2022 |
| Iowa Department Of Public HealthIOWA FIRST RESPONDER AED INITIATIVE | Des Moines, IA | $5.3M | 2022 |
| Bridges To Prosperity IncTRANSFORMATIVE CONNECTIVITY IN RURAL ETHIOPIA | Denver, CO | $5.3M | 2022 |
| The Baruch Padeh Medical Center PoriyaTHE HELMSLEY REHABILITATION CENTER OF THE NORTH | Tiberias | $5.1M | 2022 |
| Civica FoundationAFFORDABLE INSULIN BIOSIMILARS | Lehi, UT | $5M | 2022 |
| Zefat Academic CollegeEQUIPPING ZEFAT ACADEMIC COLLEGE'S INST. FOR ADV. HEALTH TRAINING & ED. | Zefat | $4.1M | 2022 |
| Clalit Health ServicesMEDICAL EQUIPMENT FOR CARMEL MEDICAL CENTER IN HAIFA, ISRAEL | Tel Aviv | $3.9M | 2022 |
| T1d Exchange IncDATA APPROACH TO IMPROVE QUALITY AND OUTCOMES FOR INDIVIDUALS WITH T1D | Boston, MA | $3.7M | 2022 |
| Helmholtz Zentrum Munchen (Gmbh)IDENTIFICATION OF INFANTS WITH HIGH RISK OF T1D - PRIMARY PREVENTION | Neuherberg | $3.7M | 2022 |
| Maccabi Healthcare ServicesDA VINCI 4XI SYSTEM DUAL CONSOLE SURGICAL ROBOT AND STERILIZATION EQUIP. | Tel Aviv | $3.5M | 2022 |
| Indiana UniversityAMPATH MODEL REPLICATION IN GHANA | Indianapolis, IN | $3.5M | 2022 |
| New Venture FundTYPE 1 DIABETES CAMPS PROJECT (2022 - 2024) | Washington, DC | $3.3M | 2022 |
| Brigham And Women'S HospitalGLOBAL PARTNERSHIP TO ACHIEVE UNIVERSAL ACCESS FOR T1D AND NCDS | Boston, MA | $3M | 2022 |
| South Dakota Parks & Wildlife FoundationCUSTER STATE PARK BISON CENTER | Pierre, SD | $3M | 2022 |
| The Broad Institute IncNOVEL THERAPEUTIC APPROACHES FOR CROHNS DISEASE | Cambridge, MA | $3M | 2022 |
| Jdrf T1d Fund LlcJDRF T1D FUND PHASE III | Boston, MA | $3M | 2022 |
| Avera Mckennan Hospital And University Health CenterAVERA BEHAVIORAL HEALTH CENTER EXPANSION | Sioux Falls, SD | $3M | 2022 |
| Kmr Advancement Of Medical Centers LtdESTABLISHMENT OF THE HEALTH DISCOVERY TOWER | Haifa | $3M | 2022 |
| Jerusalem College Of TechnologyHELMSLEY FACULTY OF LIFE AND HEALTH SCIENCES BUILDING | Jerusalem | $2.9M | 2022 |
| Wateraid America IncCREATING A NEW REALITY FOR WASH IN HEALTHCARE FACILITIES IN ZAMBIA | New York, NY | $2.8M | 2022 |
| Catholic Relief Services-UsccbCOMMUNITY RECOVERY AND RESILIENCE IN EASTERN ETHIOPIA | Baltimore, MD | $2.8M | 2022 |