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The Sye Fund is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2016. The principal officer is Foundation Source. It holds total assets of $8.1M. Annual income is reported at $5.6M. The foundation is governed by 1 officer or trustee. 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 2017 to 2023. According to available records, The Sye Fund has made 18 grants totaling $378K, with a median grant of $15K. Individual grants have ranged from $5K to $76K, with an average award of $21K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Illinois, which account for 56% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
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.
The Sye Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NY, DC, IL.
The Sye Fund has distributed a total of $378K across 18 grants. The median grant size is $15K, with an average of $21K. Individual grants have ranged from $5K to $76K.
The Sye Fund typically selects its grantees rather than accepting unsolicited proposals.
The Sye Fund is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dwayne J Sye | Pres, Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
$277K
Total Assets
$4M
Fair Market Value
$5M
Net Worth
$4M
Grants Paid
$210K
Contributions
$670K
Net Investment Income
$273K
Distribution Amount
$212K
Total: $1.6M
Total Grants
18
Total Giving
$378K
Average Grant
$21K
Median Grant
$15K
Unique Recipients
8
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mad Foundation IncGeneral & Unrestricted | Brooklyn, NY | $76K | 2022 |
| Dc Greens IncGeneral & Unrestricted | Washington, DC | $25K | 2022 |
| National Taiwan University Medical College AlumniNational Taiwan University Children's Health Foundation | Chicago, IL | $15K | 2022 |
| Hackensack Meridian Health Foundation IncHackensack Meridian Health Center for Discovery and Innovation | Edison, NJ | $15K | 2022 |
| 826dc IncGeneral & Unrestricted | Washington, DC | $10K | 2022 |
| Daily Pennsylvanian Inc2022 Masthead Madness campaign | Philadelphia, PA | $10K | 2022 |
| Zero FoodprintGeneral & Unrestricted | San Francisco, CA | $8K | 2022 |
| Civil EatsGeneral & Unrestricted | Cotati, CA | $5K | 2022 |