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Pindaros Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2002. The principal officer is % Marks Paneth & Shron Llp. It holds total assets of $12.4M. Annual income is reported at $10.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Pindaros Foundation Inc. has made 5 grants totaling $10.1M, with a median grant of $25K. Annual giving has grown from $25K in 2021 to $10.1M in 2022. Individual grants have ranged from $25K to $5M, with an average award of $2M. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New York and California. Contributions to this foundation are tax-deductible.
Pindaros Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NY, CA.
Pindaros Foundation Inc. has distributed a total of $10.1M across 5 grants. The median grant size is $25K, with an average of $2M. Individual grants have ranged from $25K to $5M.
Pindaros Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Pindaros Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr P Roy Vagelos | PRESIDENT | $0 | $0 | $0 |
| Randall Vagelos | VICE PRESIDENT | $0 | $0 | $0 |
| Cynthia Vagelos Roberts | TREASURER | $0 | $0 | $0 |
| Andrew Vagelos | SECRETARY | $0 | $0 | $0 |
| Ellen Vagelos Masseur | ASSISTANT SECRETARY | $0 | $0 | $0 |
Total Giving
$6.8M
Total Assets
$43.3M
Fair Market Value
$70.8M
Net Worth
$43.3M
Grants Paid
$6.6M
Contributions
$841K
Net Investment Income
$2.1M
Distribution Amount
$3.6M
Total: $40.1M
Total Grants
5
Total Giving
$10.1M
Average Grant
$2M
Median Grant
$25K
Unique Recipients
2
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| College Of P&Scolumbia UniversityTO FURTHER DONEE'S EXEMPT PURPOSE | New York, NY | $5M | 2022 |
| Palo Alto Partners In EducationTO FURTHER DONEE'S EXEMPT PURPOSE | Palo Alto, CA | $25K | 2022 |
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