//
Also known as: FAMILY FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Michael And Robin Psaros Family Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2015. It holds total assets of $3.5M. Annual income is reported at $550K. Total assets have grown from $1M in 2014 to $3.4M in 2023. The foundation is governed by 2 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 2016 to 2023. Funding is distributed across 4 states, including New York, District of Columbia, Massachusetts. According to available records, Michael And Robin Psaros Family Foundation has made 45 grants totaling $1.3M, with a median grant of $25K. The foundation has distributed between $250K and $544K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $544K distributed across 18 grants. Individual grants have ranged from $2K to $50K, with an average award of $29K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, West Virginia, which account for 91% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$23K
Average Grant
$27K
Largest Grant
$50K
Based on 10 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.
Michael And Robin Psaros Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 45 grants. Its grantmaking reaches organizations primarily in NY, DC, WV.
Michael And Robin Psaros Family Foundation has distributed a total of $1.3M across 45 grants. The median grant size is $25K, with an average of $29K. Individual grants have ranged from $2K to $50K.
Michael And Robin Psaros Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Michael And Robin Psaros Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Psaros | DIRECTOR/TREASURER | $0 | $0 | N/A |
| Robin Psaros | DIRECTOR/SECRETARY | $0 | $0 | N/A |
Total Giving
$263K
Total Assets
$3.4M
Fair Market Value
$4.6M
Net Worth
$3.4M
Grants Paid
$255K
Contributions
N/A
Net Investment Income
$151K
Distribution Amount
$215K
Total: $3.3M
Total Grants
45
Total Giving
$1.3M
Average Grant
$29K
Median Grant
$25K
Unique Recipients
14
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tunnel To Towers FoundationGENERAL | Staten Island, NY | $50K | 2023 |
| Feeding AmericaGENERAL | Washington, DC | $50K | 2023 |
| Weirton Christian CenterGENERAL | Weirton, WV | $50K | 2023 |
| Greek American Educational Public Information SystemsGENERAL | Astoria, NY | $25K | 2023 |
| Central Park ConservancyGENERAL | New York, NY | $20K | 2023 |
| God'S Love We DeliverGENERAL | New York, NY | $20K | 2023 |
| Friends Of The Israel Defense ForcesGENERAL | New York, NY | $20K | 2023 |
| Friends Of KarenGENERAL | North Salem, NY | $20K | 2023 |
| Home For Our TroopsGENERAL | Taunton, MA | $20K | 2022 |
| Equal Education FundGENERAL | Washington, DC | $2K | 2022 |
| City HarvestGENERAL | New York, NY | $15K | 2021 |
| Don Bosco Community CenterGENERAL | Port Chester, NY | $10K | 2021 |
| The Childrens Hope ChestGENERAL | Purchase, NY | $10K | 2021 |
| Luv MichaelGENERAL | New York, NY | $10K | 2021 |