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Also known as: FAIRFIELD-MAXWELL LTD
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Volcker Family Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1998. The principal officer is Hill Rivkins & Hayden Llp. It holds total assets of $27.2M. Annual income is reported at $16.3M. Total assets have grown from $4.6M in 2011 to $26M in 2023. The foundation is governed by 5 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 2020 to 2023. According to available records, Volcker Family Foundation Inc. has made 9 grants totaling $3.4M, with a median grant of $207K. Annual giving has grown from $250K in 2020 to $880K in 2023. Grantmaking activity was highest in 2022 with $1.3M distributed across 3 grants. Individual grants have ranged from $30K to $1M, with an average award of $382K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and New Jersey. 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.
Volcker Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Volcker Family Foundation Inc. has distributed a total of $3.4M across 9 grants. The median grant size is $207K, with an average of $382K. Individual grants have ranged from $30K to $1M.
Volcker Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Volcker Family Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Janice Volcker Zima | DIRECTOR | $0 | $0 | N/A |
| Anthony J Dowd | SECRETARY AND TREASURER | $0 | $0 | N/A |
| James P Volcker | DIRECTOR | $0 | $0 | N/A |
| Anke M Dening-Volcker | PRESIDENT | $0 | $0 | N/A |
| Ernesto V Luzzatto | ASSISTANT SECRETARY AND TREASURER | $0 | $0 | N/A |
Total Giving
$1M
Total Assets
$26M
Fair Market Value
$28.5M
Net Worth
$26M
Grants Paid
$880K
Contributions
N/A
Net Investment Income
$586K
Distribution Amount
$1.3M
Total: $19.5M
Total Grants
9
Total Giving
$3.4M
Average Grant
$382K
Median Grant
$207K
Unique Recipients
3
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Volcker AllianceFOR SUPPORT OF THE PAUL A. VOLCKER FUND | New York, NY | $850K | 2023 |
| Isles IncTO ASSIST THE START UP OF THE SOCIAL NONPROFIT CENTER | Trenton, NJ | $30K | 2023 |
| Hospital For Special SurgeryFOR SUPPORT OF THE BARBARA VOLCKER CENTER | New York, NY | $100K | 2022 |