A Private Foundation located in NEW YORK, NY



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

T

2021 Tax Year

About this Private Foundation: 178372


This private foundation is based in New York and focuses on providing grants for general charitable purposes. It engages in philanthropy, voluntarism, and grantmaking, supporting various charitable activities and programs. The foundation's funding comes from contributions derived from an investment partnership, which enables it to fulfill its mission. By allocating resources to a range of charitable initiatives, the foundation aims to enhance community welfare and promote social good within its areas of interest.

Foundation Profile


The Purchase Fund is a private foundation based in New York, dedicated to charitable giving and philanthropy. In the tax year 2022, the foundation reported total assets of $7.2 million USD. It distributed a total of $1.3 million USD in grants, reflecting its commitment to supporting various charitable initiatives. The foundation primarily focuses on general charitable purposes and charitable contributions from investment partnerships. Its mission is to promote philanthropy and voluntarism through strategic grantmaking. The foundation’s funding priorities aim to address a wide range of community needs, ensuring that its support reaches diverse sectors. In 2022, the foundation made significant grants, including a notable $1.2 million USD to a donor-advised fund. This grant exemplifies the foundation's commitment to impactful giving and its interest in supporting organizations that align with its mission. Other grants included a $72,000 USD contribution to the same donor-advised fund and a minor grant of $462 USD to a Virginia-based entity. The Purchase Fund primarily targets organizations and initiatives that align with its focus areas. It seeks to support projects that enhance community welfare and promote social good. The foundation is open to grant applications from qualified applicants, particularly those engaged in philanthropy and community service. Geographically, the foundation's funding efforts are concentrated in New York and extend to other regions where its grantees operate. This broad geographic focus allows the foundation to make a meaningful impact across various communities. Eligibility for funding is generally open to nonprofit organizations that meet the foundation's mission and funding priorities. The foundation encourages applicants to demonstrate how their projects align with its goals and how they will benefit the community. In summary, The Purchase Fund is a committed player in the realm of charitable giving, with a clear focus on philanthropy and community support. Organizations interested in securing funding are encouraged to explore available opportunities. Qualified applicants can find and apply for funding through The Grant Portal, where they can access the resources needed to further their charitable initiatives.
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NEW YORK, NY

Summary

Assets

$7.1m

Distributions

$1.3m

Contributions

$0

Grant Median

$439.6k

Count

3

Grant Max

$1.2m
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Latest Tax e-Filing

2021

Published by IRS

2022

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Grants

Filters

Amount

Min
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Max

State

NY

City

NEW YORK

Purpose

Interest

Philanthropy, Voluntarism & Grantmaking Foundations

7 results

Amount Name Purpose Location Year

Application Guidelines

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Instructions

Deadlines

Restrictions

Contact

About The Grant Portal 

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The Grant Portal is aimed at giving nonprofits unfettered access to a public dataset of Form 990 tax filings published by the IRS.

The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

Note that the IRS dataset only contains information from electronically-filed tax returns.

The Grant Portal is not affiliated, associated, authorized, endorsed by, or in any way officially connected with any foundation appearing on the site.

Private Foundation Grants of $439.6k Available in NEW YORK, NY