Private Foundation · NY · Private Grantmaking Foundations
Iac Charitable Foundation Inc
New York, NY · EIN 133994361 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$21.3M
Total Giving
$937K
Grants on File
76
Average Grant
$12K
Giving Radius
Where Iac Charitable Foundation Inc Has Given
Section I
How to Apply
Application information can be found on the website: https://www.iac.com/foundation
On Unsolicited Proposals yes
Restrictions
Applicants must have a demonstrable need for financial assistance, whether their household income falls below the designated national poverty level, or their cultural or family background has placed them at an educational disadvantage. Eligibility will be assessed individually based on the composition and income of a student's family. Applicants must be Federal Pell Grant-eligible students as indicated on their FAFSA Student Aid Report (SAR). Following award notification, students will be required to provide a copy of their eligibility letter. Applicants must demonstrate a record of academic success. Applicants must be students enrolled or planning to enroll at an accredited college or university, ranging from rising college freshmen to first year PhD students.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Tempe, AZ | $10K | 2022 |
| Saint Louis, MO | $2K | 2022 |
| South Hadley, MA | $5K | 2022 |
| Northampton, MA | $5K | 2022 |
| Ithaca, NY | $2K | 2022 |
| Poughkeepsie, NY | $5K | 2022 |
| Middlebury, VT | $5K | 2022 |
| Troy, NY | $5K | 2022 |
| New York, NY | $2K | 2022 |
| Cambridge, MA | $1K | 2022 |
| New York, NY | $5K | 2022 |
| Easton, PA | $5K | 2022 |
| Ithaca, NY | $5K | 2022 |
| New York, NY | $5K | 2022 |
| Amherst, MA | $3K | 2022 |
| Stanford, CA | $2K | 2022 |
| Brooklyn, NY | $5K | 2022 |
| new york, NY | $5K | 2022 |
| Jamaica, NY | $5K | 2022 |
| Cambridge, MA | $5K | 2022 |
| Amherst, MA | $2K | 2022 |
| Providence, RI | $5K | 2022 |
| Stanford, CA | $10K | 2022 |
| New York, NY | $10K | 2022 |
| Haverford, PA | $10K | 2022 |
Page 1 of 4 · 76 total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $20.8M | $1.0M | $-145,840 | $1.2M |
| 2022 | $20.3M | $1.1M | $-312,907 | $1.3M |
| 2021 | $25.0M | $1.2M | $1.0M | $1.1M |
| 2020 | $1 | — | $1 | — |
| 2019 | $1 | — | $1 | — |
| 2015 | $1 | — | $1 | — |
| 2014 | $1 | — | $1 | — |
| 2013 | $1 | — | $1 | — |
| 2012 | $1 | — | $1 | — |
| 2011 | — | — | — | — |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.