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Also known as: C/O TRB ADVISORS LP
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Timothy And Michele Barakett Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2008. The principal officer is Trb Advisors L P. It holds total assets of $9.7M. Annual income is reported at $14.1M. Total assets have decreased from $45.3M in 2011 to $9.7M in 2024. The foundation is governed by 2 officers and trustees. 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 2015 to 2024. The foundation primarily funds organizations in New York and Massachusetts. According to available records, Timothy And Michele Barakett Foundation has made 134 grants totaling $39.1M, with a median grant of $50K. Annual giving has grown from $15.7M in 2020 to $23.4M in 2022. Individual grants have ranged from $1K to $7.3M, with an average award of $292K. The foundation has supported 44 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, California, which account for 96% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$80K
Average Grant
$259K
Largest Grant
$2M
Based on 41 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.
Timothy And Michele Barakett Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 134 grants. Its grantmaking reaches organizations primarily in MA, NY, CA.
Timothy And Michele Barakett Foundation has distributed a total of $39.1M across 134 grants. The median grant size is $50K, with an average of $292K. Individual grants have ranged from $1K to $7.3M.
Timothy And Michele Barakett Foundation typically selects its grantees rather than accepting unsolicited proposals.
Timothy And Michele Barakett Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michele Barakett | TRUSTEE | $0 | $0 | N/A |
| Timothy Barakett | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9.7M
Fair Market Value
N/A
Net Worth
$9.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
134
Total Giving
$39.1M
Average Grant
$292K
Median Grant
$50K
Unique Recipients
44
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard CollegeDONATION TO THE FACULTY OF ARTS & SCIENCE DEANS DISCRETIONARY FUND | Cambridge, MA | $2M | 2022 |
| Rethink Food Nyc IncFINAL INSTALLMENT OF PLEDGE | New York, NY | $2M | 2022 |
| International Rescue CommitteeDONATION TO ORGANIZAITON THAT HELPS PEOPLE AFFECTED BY HUMANITARIAN CRISES | New York, NY | $1M | 2022 |
| Professional Children'S SchoolDONATION TO THE FUND FOR PROFESSIONAL CHILDREN'S SCHOOL | New York, NY | $500K | 2022 |
| New York Academy Of ArtDONATION TO THE TAKE HOME A NUDE BENEFIT | New York, NY | $250K | 2022 |
| Robin Hood FoundationDONATION TO ORGANIZATION FIGHTING POVERTY IN NY | New York, NY | $250K | 2022 |
| Lucile Packard Foundation For Children'SDONATION TO THE BARAKETT FUND FOR ALLERGY RESEARCH | Palo Alto, CA | $250K | 2022 |
| Icahn School Of Medicine At Mount SinaiDONATION TO DUBIN BREAST CENTER'S ANNUAL BENEFIT GALA | New Yokr, NY | $150K | 2022 |
| The Public TheaterSECOND INSTALLMENT OF PLEDGE | New York, NY | $150K | 2022 |
| The Marshall ProjectDONATION TO NON-PROFIT NEWSROOM DEVOTED TO COVERAGE OF THE AMERICAN CRIMINAL JUSTICE SYSTEM | New York, NY | $100K | 2022 |
| Alvin Ailey Dance Foundation IncAILEY SPIRIT GALA | New York, NY | $60K | 2022 |
| A Better BalanceDONATION TO ADVANCE THE RIGHTS OF WORKING FAMILIES | New York, NY | $50K | 2022 |
| Hospital For Special SurgeryDONATION TO HOSPITAL'S ANNUAL FUNDRAISING BENEFIT | New York, NY | $50K | 2022 |
| Vera Institute Of JusticeDONATION TO ORGANIZATION THAT BUILDS AND IMPROVES JUSTICE SYSTEMS | New York, NY | $50K | 2022 |
| Greater Ny FoundationDONATION TO CIVIC INSTITUTION FOR CROSS-SECTOR PROBLEM SOLVING IN NEW YORK CITY | New York, NY | $50K | 2022 |
| Central Park ConservancyMEMBERSHIP LEVEL DONATION TOWARD UPKEEP AND PRESERVATION OF CENTRAL PARK | New York, NY | $50K | 2022 |
| Prep For PrepDONATION TO LEADERSHIP DEVELOPMENT PROGRAM THAT OFFERS PROMISING STUDENTS OF COLOR ACCESS TO A PRIVATE SCHOOL EDUCATION | New York, NY | $50K | 2022 |