Tuft Family Foundation is a private trust based in ALBANY, NY. The foundation received its IRS ruling in 1989. The principal officer is % Thomas Tuft. It holds total assets of $7.7M. Annual income is reported at $3M. According to available records, Tuft Family Foundation has made 5 grants totaling $6.2M, with a median grant of $1M. The foundation has distributed between $489K and $2.1M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.1M distributed across 2 grants. Individual grants have ranged from $489K to $1.8M, with an average award of $1.2M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Tuft Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NY.
Tuft Family Foundation has distributed a total of $6.2M across 5 grants. The median grant size is $1M, with an average of $1.2M. Individual grants have ranged from $489K to $1.8M.
Tuft Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tuft Family Foundation is headquartered in ALBANY, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas E Tuft | TRUSTEE | $0 | $0 | $0 |
| Diane H Tuft | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.9M
Total Assets
$8M
Fair Market Value
$20.5M
Net Worth
$8M
Grants Paid
$1.8M
Contributions
$0
Net Investment Income
$845K
Distribution Amount
$1.1M
Total: $1.4M
Total Grants
5
Total Giving
$6.2M
Average Grant
$1.2M
Median Grant
$1M
Unique Recipients
2
Most Common Grant
$1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Statement AttachedGENERAL SUPPORT | See Statement Attached, NY | $1.8M | 2023 |
| See Schedule AttachedGENERAL SUPPORT | New York, NY | $489K | 2021 |
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