Prospect Hill Foundation Inc. | Granted Foundation Directory | Granted AI
NEW YORK, NY
Prospect Hill Foundation Inc. Quick Facts
EIN 136075567
Location NEW YORK, NY
Phone (212) 370-1165
Category General
Total Assets $76.2M
Annual Income $5M
IRS Ruling Year 1961
Organization Type Corporation
Tax Deductibility Contributions are deductible
About This Foundation Prospect Hill Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1961. It holds total assets of $76.2M. Annual income is reported at $5M. According to available records, Prospect Hill Foundation Inc. has made 902 grants totaling $9M, with a median grant of $2K. Annual giving has grown from $2.4M in 2021 to $6.5M in 2022. Individual grants have ranged from $50 to $200K, with an average award of $10K. The foundation has supported 322 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Massachusetts, which account for 73% of all grants. Grantmaking reaches organizations across 29 states. Contributions to this foundation are tax-deductible.
Application Information Preselected Only This foundation typically selects grantees rather than accepting unsolicited proposals.
Frequently Asked Questions What does Prospect Hill Foundation Inc. fund? Prospect Hill Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 902 grants. Its grantmaking reaches organizations primarily in NY, DC, MA.
How much does Prospect Hill Foundation Inc. give in grants? Prospect Hill Foundation Inc. has distributed a total of $9M across 902 grants. The median grant size is $2K, with an average of $10K. Individual grants have ranged from $50 to $200K.
How do I apply for a grant from Prospect Hill Foundation Inc.? Prospect Hill Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Where is Prospect Hill Foundation Inc. located? Prospect Hill Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 29 states.
Key People & Compensation (2023) Name Title Compensation Benefits Total Benjamin B Beinecke DIRECTOR $0 $0 $0 Jesse W Smith SECRETARY & DIRECTOR $0 $0 $0 Elizabeth Beinecke Elston DIRECTOR $0 $0 $0 Maureen Howley TREASURER $0 $0 $0 Frances G Beinecke DIRECTOR $0 $0 $0
990 Tax Filings Year Return Type PDF 2023 990PF 2022 990PF 2021 990PF 2020 990PF
Financial Overview Total Assets
$74.1M
2023 +0%
Net Investment Income
$1.4M
2023
Distribution Amount
$3.6M
2023
Financial Details (2023)
Total Revenue $2.5M
Total Expenses $4.9M
Required Distribution $3.6M
Total Liabilities $1 Grantmaking Insights Grant Disbursements by Year Grant Range Smallest grant Largest grant
Openness to New Grantees (2022)
of 2022 grantees were first-time recipients
Geographic Distribution of Grants
NY $4.3M (526)
DC $979K (57)
MA $703K (75)
CT $690K (23)
VA $661K (14)
RI $552K (42)
Past Grantees Recipient Location Amount Year Global Zero DESIGNING FOR IMPACT: A NEW MODEL FOR CATALYTIC ADVOCACY Washington, DC $30K 2022 Centurion GENERAL SUPPORT Princeton, NJ $30K 2022 Fierce GENERAL SUPPORT Bronx, NY $25K 2022 Virginia OrganizingFOR GENERATION 180 DESIGNATED FOR LAUNCH SUPPORT Charlottesville, VA $200K 2022 Yale University
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Frederick W Beinecke VICE PRESIDENT & DIRECTOR $0 $0 $0
Sarah Beinecke Richardson DIRECTOR $0 $0 $0
Mary Beinecke Elston DIRECTOR $0 $0 $0
John B Beinecke DIRECTOR $0 $0 $0
NEW FACILITY DAVID GEFFEN SCHOOL OF DRAMA AT YALE
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