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Monderer Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2004. The principal officer is Carol Turchin. It holds total assets of $6.4M. Annual income is reported at $3M. Total assets have grown from $2.8M in 2011 to $6.1M 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 2020 to 2023. Grantmaking is concentrated in New York. According to available records, Monderer Foundation Inc. has made 28 grants totaling $1.3M, with a median grant of $25K. Annual giving has grown from $240K in 2020 to $413K in 2023. Grantmaking activity was highest in 2022 with $635K distributed across 14 grants. Individual grants have ranged from $2K to $121K, with an average award of $46K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, California, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$25K
Average Grant
$34K
Largest Grant
$100K
Based on 7 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.
Monderer Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in NY, MA, CA.
Monderer Foundation Inc. has distributed a total of $1.3M across 28 grants. The median grant size is $25K, with an average of $46K. Individual grants have ranged from $2K to $121K.
Monderer Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Monderer Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Benjamin Monderer | V.P. & SECRETARY | $0 | $0 | N/A |
| Carol B Turchin | PRES. & TREASURER | $0 | $0 | N/A |
Total Giving
$475K
Total Assets
$6.1M
Fair Market Value
$7.2M
Net Worth
$6.1M
Grants Paid
$413K
Contributions
N/A
Net Investment Income
$361K
Distribution Amount
$341K
Total: $5.5M
Total Grants
28
Total Giving
$1.3M
Average Grant
$46K
Median Grant
$25K
Unique Recipients
14
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Good Samaritan FoundationTO FUND THE RECIPIENT'S OPERATING BUDGET | New York, NY | $25K | 2020 |
| Tufts UniversityTO PROMOTE ITS CHARITABLE PURPOSE | Medford, MA | $121K | 2023 |
| Catholic Health Care FoundationTO PROMOTE ITS CHARITABLE PURPOSE | New York, NY | $100K | 2023 |
| Good Samaritan Hospital FoundationTO PROMOTE ITS CHARITABLE PURPOSE | Suffern, NY | $100K | 2023 |
| Mass General HospitalTO PROMOTE ITS CHARITABLE PURPOSE | Boston, MA | $80K | 2023 |
| Broadway BarksTO PROMOTE ITS CHARITABLE PURPOSE | Los Angeles, CA | $5K | 2023 |
| SquashbustersTO PROMOTE ITS CHARITABLE PURPOSE | Boston, MA | $5K | 2023 |
| Nc Adult Soccer AssociationTO PROMOTE ITS CHARITABLE PURPOSE | Greensboro, NC | $2K | 2023 |
| The Center For DiscoveryTO PROMOTE ITS CHARITABLE PURPOSE | Harris, NY | $75K | 2022 |
| Care For The HomelessTO PROMOTE ITS CHARITABLE PURPOSE | New York, NY | $25K | 2022 |
| The Hebrew Home At RiverdaleTO PROMOTE ITS CHARITABLE PURPOSE | Bronx, NY | $5K | 2022 |
| Tuxedo Park Volunteer Fire Dept #1TO PROMOTE ITS CHARITABLE PURPOSE | Tuxedo Park, NY | $3K | 2022 |
| Columbia Grammar & Prep SchoolTO FUND THE RECIPIENT'S OPERATING BUDGET | New York, NY | $25K | 2020 |
| Princeton UniversityTO FUND THE RECIPIENT'S OPERATING BUDGET | New York, NY | $3K | 2020 |