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Also known as: FOUNDATION INC
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Taconic Foundation is a private corporation based in GERMANTOWN, NY. The foundation received its IRS ruling in 2009. The principal officer is Samuel Phelan. It holds total assets of $675K. Annual income is reported at $24K. Total assets have grown from $178K in 2011 to $648K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including New York, Massachusetts, Maine. According to available records, Taconic Foundation has made 20 grants totaling $63K, with a median grant of $2K. Annual giving has decreased from $40K in 2022 to $23K in 2023. Individual grants have ranged from $900 to $8K, with an average award of $3K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in New York and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$750
Average Grant
$2K
Largest Grant
$10K
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.
Taconic Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NY, MA.
Taconic Foundation has distributed a total of $63K across 20 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $900 to $8K.
Foundation will only make grants to qualifying charitable organizations described in irc section 501(c)(3), but no geographic, charitable fields, or types of institution restrictions.
Taconic Foundation is headquartered in GERMANTOWN, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Phelan | DIRECTOR | $0 | $0 | N/A |
| Megan A Phelan | DIRECTOR, SECRETARY | $0 | $0 | N/A |
| Megan E Phelan | DIRECTOR, PRESIDENT | $0 | $0 | N/A |
| Randall Phelan | DIRECTOR | $0 | $0 | N/A |
| Michael J Del Vecchio | DIRECTOR, TREASURER | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$648K
Fair Market Value
$648K
Net Worth
$648K
Grants Paid
$23K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$30K
Total: $619K
Total Grants
20
Total Giving
$63K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
10
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Reformed Church CemeteryGENERAL PURPOSE | Germantown, NY | $8K | 2023 |
| Summer Search BostonGENERAL PURPOSE | Jamaica Plain, MA | $5K | 2023 |
| Community Foundation Of NantucketGENERAL PURPOSE | Nantucket, MA | $5K | 2023 |
| Regional Food Bank Of Ne NyGENERAL PURPOSE | Latham, NY | $2K | 2023 |
| Long Table HarvestGENERAL PURPOSE | Germantown, NY | $1K | 2023 |
| Nantucket OsvGENERAL PURPOSE | Boston, MA | $1K | 2023 |
| Germantown Central SchoolsSCIENCE SCHOLARSHIP | Germantown, NY | $1K | 2023 |
| Reformed Church CemetaryGENERAL PURPOSE | Germantown, NY | $8K | 2022 |
| Reginal Food Bank Of Ne NyGENERAL PURPOSE | Latham, NY | $2K | 2022 |
| Germantown LibraryGENERAL PURPOSE | Germantown, NY | $1K | 2022 |