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Also known as: Habib Foundation c/o Mark Hostetter
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Mark D Hostetter And Alexander N Habib Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1997. The principal officer is Mark D Hostetter. It holds total assets of $3.5M. Annual income is reported at $72K. Total assets have decreased from $23.4M in 2011 to $3.8M in 2023. The foundation is governed by 2 officers and trustees. The foundation provided a loan to presbyterian conference association, a 501(c)(3) exempt organization, in support of the foundation's exempt purposes. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York, Massachusetts and Montana. According to available records, Mark D Hostetter And Alexander N Habib Foundation has made 71 grants totaling $29.3M, with a median grant of $3K. Annual giving has decreased from $818K in 2020 to $156K in 2023. Grantmaking activity was highest in 2022 with $27.1M distributed across 34 grants. Individual grants have ranged from $600 to $13.4M, with an average award of $412K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Montana, New York, New Mexico, which account for 69% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$8K
Average Grant
$152K
Largest Grant
$747K
Based on 8 grants from the most recent 990-PF filing.
The foundation provided a loan to presbyterian conference association, a 501(c)(3) exempt organization, in support of the foundation's exempt purposes
Expenses: $86K
The foundation provided a loan to presbyterian conference association, a 501(c)(3) exempt organization, in support of the foundation's exempt purposes. Based on available records, the foundation has funded 71 grants. Its grantmaking reaches organizations primarily in MT, NY, NM.
Mark D Hostetter And Alexander N Habib Foundation has distributed a total of $29.3M across 71 grants. The median grant size is $3K, with an average of $412K. Individual grants have ranged from $600 to $13.4M.
Mark D Hostetter And Alexander N Habib Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mark D Hostetter And Alexander N Habib Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alexander N Habib | Trustee | $0 | $0 | N/A |
| Mark D Hostetter | Trustee | $0 | $0 | N/A |
Total Giving
$161K
Total Assets
$3.8M
Fair Market Value
$3.8M
Net Worth
$3.8M
Grants Paid
$156K
Contributions
N/A
Net Investment Income
$71K
Distribution Amount
$182K
Total Grants
71
Total Giving
$29.3M
Average Grant
$412K
Median Grant
$3K
Unique Recipients
29
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchGeneral Purpose | New York, NY | $25K | 2023 |
| Westminster Foundation At Princeton NjGeneral Purpose | Princeton, NJ | $3K | 2023 |
| National Ghost Ranch FoundationGeneral Purpose | Abiquiu, NM | $35K | 2023 |
| Family Equality CouncilGeneral Purpose | New York, NY | $28K | 2023 |
| Riverdale Country SchoolGeneral Purpose | Bronx, NY | $15K | 2023 |
| Presbyterian Conference Assoc IncGeneral Purpose | Holmes, NY | $13K | 2023 |
| Skidmore CollegeGeneral Purpose | Saratoga Springs, NY | $10K | 2023 |
| Auburn Theological SeminaryGeneral Purpose | New York, NY | $10K | 2023 |
| Cornell UniversityGeneral Purpose | Ithaca, NY | $5K | 2023 |
| Princeton UniversityGeneral Purpose | Princeton, NJ | $3K | 2023 |
| Presbyterian Church Camp & Conference AssnGeneral Purpose | Charlotte, NC | $3K | 2023 |
| The Actors Fund (Entertainment Community Fund)General Purpose | New York, NY | $3K | 2023 |
| Ecclesiological Investigations Int Research NetworGeneral Purpose | Washington, DC | $2K | 2023 |
| Harvard College Association For Us-China RelationsGeneral Purpose | Cambridge, MA | $1K | 2023 |
| Columbia Law SchoolGeneral Purpose | New York, NY | $1K | 2023 |
| Blanton Peale InstituteGeneral Purpose | New York, NY | $600 | 2023 |
| Summit Preparatory SchoolFOR GENERAL FUND | Kalispell, MT | $13.4M | 2022 |
| Presbyterian Conference Association IncFor general fund | Holmes, NY | $23K | 2022 |
| Montreat Conference CenterFOR GENERAL FUND | Montreat, NC | $3K | 2022 |
| Alliance For Media Arts & CultureFOR GENERAL FUND | Spokane, WA | $3K | 2022 |
| The Actors FundFOR GENERAL FUND | New York, NY | $3K | 2022 |
| Cathedral At The Gathering PlaceFOR GENERAL FUND | New York, NY | $2K | 2022 |
| Kirkridge Retreat & Study CenterFOR GENERAL FUND | Bangor, PA | $1K | 2022 |
| Harvard CollegeFor general fund | Cambridge, MA | $1K | 2022 |