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Pinkerton Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1966. It holds total assets of $689.1M. Annual income is reported at $75.6M. Total assets have grown from $481.9M in 2011 to $649.1M in 2022. The foundation is governed by 9 officers and trustees. Tax records are available from 2020 to 2022. Grantmaking is concentrated in New York City. According to available records, Pinkerton Foundation has made 1,847 grants totaling $143.5M, with a median grant of $50K. Annual giving has grown from $34.6M in 2020 to $75.4M in 2022. Individual grants have ranged from $400 to $850K, with an average award of $78K. The foundation has supported 621 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, District of Columbia, which account for 88% of all grants. Grantmaking reaches organizations across 29 states. Contributions to this foundation are tax-deductible.
The Pinkerton Foundation takes a deeply community-centered approach to grantmaking, focusing exclusively on programs that serve disadvantaged young people in New York City. Founded in 1966 by Robert Allan Pinkerton, the foundation has maintained a consistent strategic vision across four core program areas: after-school and summer learning, career readiness, education, and youth and family justice. Their strategy emphasizes direct services over capital projects, preferring to fund organizations that provide hands-on programming combining mentoring, academic support, and skills development. The foundation values long-term relationships with grantees but enforces a three-year funding cycle followed by a mandatory three-year cooling period, encouraging organizations to diversify their funding base. With nearly $690 million in assets and over $53 million in annual giving to 574 organizations, Pinkerton is one of the most significant private funders of NYC youth programs.
Pinkerton Foundation awards grants ranging from $400 to $850,000, with most grants lasting one year though some extend to two or three years subject to annual board review. The foundation distributed approximately $53.9 million to 574 organizations in its most recent fiscal year, reflecting an average grant size of roughly $94,000. Grant decisions are made at biannual board meetings in May and December, with results announced immediately after. The foundation has steadily increased its giving over recent years, with 2023 filings showing $38.6 million in grants and more recent data indicating over $53 million. Their giving is concentrated in education and human services, with a strong emphasis on workforce development and career pathways for disconnected youth. Recent grants include a $110,000 award to CCNY's STEM Institute for programs empowering students from historically underrepresented communities in STEM careers.
| Foundation | Assets | Annual Giving | Focus | Geographic Scope | Grant Range |
|---|---|---|---|---|---|
| Pinkerton Foundation | $689M | ~$54M | Youth development, education, career readiness, justice | NYC only | $400–$850K |
| Robin Hood Foundation | $280M+ | ~$150M+ | Poverty alleviation across sectors (education, jobs, housing) | NYC only | Varies widely |
| Tiger Foundation | $80M+ | ~$25M | Education, family support, youth/workforce/justice | NYC only | $50K–$500K |
| New York Community Trust | $3.5B+ | ~$200M+ | Broad (youth development is one area) | NYC metro area | $25K–$1M+ |
| Clark Foundation | $600M+ | ~$30M | Education, youth, social services | NYC focus | $50K–$500K |
Pinkerton stands out for its exclusive focus on youth development with a relatively high average grant size. Unlike Robin Hood, which takes a broader anti-poverty approach, Pinkerton is laser-focused on programming for disadvantaged young people across four defined verticals. Its assets place it among the larger NYC-focused private foundations, and its giving rate (~7.8% of assets) exceeds the 5% federal minimum substantially.
In March 2026, the Pinkerton Foundation awarded a $110,000 grant to the City College of New York (CCNY) STEM Institute, supporting one year of programming beginning summer 2025 to empower students from historically underrepresented communities to pursue STEM careers. The foundation continues to fund its signature Pinkerton Fellows Program at John Jay College, which provides opportunities for justice-involved young people. Their most recent 990 data (updated March 2026) shows the foundation distributed over $53.9 million to 574 organizations, a significant increase from the $38.6 million reported in 2023 filings. The foundation has published annual grants-authorized lists through 2023 on their website as downloadable PDFs. Their Fluxx-based grant portal remains active for new letters of inquiry, and the foundation continues its biannual review cycle with board meetings in May and December.
To maximize your chances with the Pinkerton Foundation: (1) Ensure your organization is a 501(c)(3) operating direct-service programs for disadvantaged youth in New York City — this is non-negotiable. (2) Submit your Letter of Inquiry through the Fluxx portal (pinkerton.fluxx.io) well in advance of the May or December board meetings to allow adequate review time. (3) Prepare a strong program budget and organizational budget before starting the application, as these are required uploads at the LOI stage alongside your board list. (4) Frame your program within one of their four focus areas: after-school/summer learning, career readiness, education, or youth/family justice. Programs combining multiple areas (e.g., career readiness within a justice context) may be especially compelling. (5) Emphasize measurable outcomes — Pinkerton values programs that develop skills, self-reliance, and strong values. (6) Be aware of the three-year funding cycle: if you have received Pinkerton funding for three consecutive years, you will likely need to wait three years before reapplying. (7) For first-time applicants, requesting a grant in the $50K–$200K range is reasonable given the foundation's typical award distribution. (8) Contact Yvonne Schonborg (yschonborg@pinkertonfdn.org, 212-332-3366) with preliminary questions before submitting.
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Smallest Grant
$400
Median Grant
$50K
Average Grant
$75K
Largest Grant
$850K
Based on 447 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.
Pinkerton Foundation awards grants ranging from $400 to $850,000, with most grants lasting one year though some extend to two or three years subject to annual board review. The foundation distributed approximately $53.9 million to 574 organizations in its most recent fiscal year, reflecting an average grant size of roughly $94,000. Grant decisions are made at biannual board meetings in May and December, with results announced immediately after. The foundation has steadily increased its giving ov.
Pinkerton Foundation has distributed a total of $143.5M across 1,847 grants. The median grant size is $50K, with an average of $78K. Individual grants have ranged from $400 to $850K.
The Pinkerton Foundation takes a deeply community-centered approach to grantmaking, focusing exclusively on programs that serve disadvantaged young people in New York City. Founded in 1966 by Robert Allan Pinkerton, the foundation has maintained a consistent strategic vision across four core program areas: after-school and summer learning, career readiness, education, and youth and family justice. Their strategy emphasizes direct services over capital projects, preferring to fund organizations t.
Pinkerton Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 29 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard M Smith | PRESIDENT | $462K | $99K | $560K |
| Robert Gould | TRUSTEE | $231K | $0 | $231K |
| James Piereson | TREASURER | $25K | $0 | $25K |
| Heather A Benjamin | TRUSTEE | $0 | $0 | N/A |
| Joan Colello | EXECUTIVE DIRECTOR EMERITUS | $0 | $18K | $18K |
| Marnie Pillsbury | SECRETARY | $0 | $0 | N/A |
| Roy Weathers | TRUSTEE | $0 | $0 | N/A |
| Daniel L Mosley | CHAIRMAN | $0 | $0 | N/A |
| Fatima Shama | TRUSTEE | $0 | $0 | N/A |
Total Giving
$50.2M
Total Assets
$649.1M
Fair Market Value
$649.1M
Net Worth
$623M
Grants Paid
$40.5M
Contributions
N/A
Net Investment Income
$6.9M
Distribution Amount
$34.3M
Total: $196.1M
Total Grants
1,847
Total Giving
$143.5M
Average Grant
$78K
Median Grant
$50K
Unique Recipients
621
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Good Shepherd ServicesAfter School & Summer Learning | New York, NY | $850K | 2022 |
| Center For New York City Affairs At The New SchoolYouth and Family Justice | New York, NY | $600K | 2022 |
| John Jay College Of Criminal JusticeYouth and Family Justice | New York, NY | $550K | 2022 |
| Tomorrow'S Leaders Nyc IncYouth and Family Justice | Brooklyn, NY | $500K | 2022 |
| Madison Square Boys & Girls Club Foundation IncAfter School & Summer Learning | New York, NY | $425K | 2022 |
| The Door - A Center Of Alternatives IncCareer Readiness | New York, NY | $350K | 2022 |
| Ramapo For ChildrenAfter School & Summer Learning | New York, NY | $325K | 2022 |
| Cypress Hills Local Development Corporation IncCareer Readiness | Brooklyn, NY | $323K | 2022 |
| American Museum Of Natural HistoryCareer Readiness | New York, NY | $317K | 2022 |
| The Mayor'S Fund To Advance New York CityYouth and Family Justice | New York, NY | $300K | 2022 |
| Friends Of The Children New YorkAfter School & Summer Learning | New York, NY | $300K | 2022 |
| Queens Community House IncCareer Readiness | Forest Hills, NY | $300K | 2022 |
| Exodus Transitional CommunityYouth and Family Justice | New York, NY | $300K | 2022 |
| Community Connections For Youth IncYouth and Family Justice | Bronx, NY | $300K | 2022 |
| Workforce Professionals Training InstituteCareer Readiness | New York, NY | $300K | 2022 |
| JobsfirstnycCareer Readiness | New York, NY | $285K | 2022 |
| Expanded SchoolsAfter School & Summer Learning | New York, NY | $280K | 2022 |
| Cuny K-16 InitiativesCareer Readiness | Brooklyn, NY | $280K | 2022 |
| Legal Outreach IncEducation | Long Island City, NY | $275K | 2022 |
| Nyu Tandon School Of EngineeringCareer Readiness | New York, NY | $275K | 2022 |
| New Settlement ApartmentsCareer Readiness | Bronx, NY | $266K | 2022 |
| Futures And Options IncCareer Readiness | New York, NY | $265K | 2022 |
| Literacy IncEducation | New York, NY | $258K | 2022 |
| Interlochen Center For The ArtsAfter School & Summer Learning | Interlochen, MI | $250K | 2022 |
| Center For Family Life In Sunset ParkAfter School & Summer Learning | Brooklyn, NY | $250K | 2022 |