1848 Foundation
The 1848 Foundation is a private foundation based in New York, NY. The foundation maintains offices at 61 East 11th Street, 10th Floor, New York, NY 10003.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.4M
+9.9% YoY
Annual Giving
$359K
+22.1% YoY
Grant Count
15
-11.8% YoY
Avg Grant Size
$24K
+38.4% YoY
Grantmaking
The foundation makes charitable distributions to qualified organizations. Recent grant activity shows distributions totaling $444,000 in the 2021 tax year, with additional charitable purposes disbursements recorded at $506,400.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent available Form 990-PF filing (2021):
- Total Assets: $9,631,746
- Annual Giving: $359,250 (as of the most recent reporting period)
The foundation's assets include publicly traded stock holdings and cash equivalents. Investment advisory services are provided by UBS Financial Services Inc., and accounting services are managed by CBIZ Marks Paneth LLC.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,388,086 | $8,543,865 | $9,631,746 |
| Revenue | $561,038 | $342,469 | $946,592 |
| Expenses | $563,984 | $510,071 | $620,496 |
| Qualifying Distributions | $454,850 | $409,050 | $506,400 |
| Net Investment Income | $476,904 | $256,448 | $847,496 |
| Distributable Amount | $428,148 | $424,551 | $482,398 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's leadership includes:
- Alan I. Ritter – President
- Jonathan Ritter – Vice President
- Becky Hubbert – Treasurer
- Eileen S. Silverstein – Secretary
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALAN I RITTER | PRESIDENT | 2 | — |
| BECKY HUBBERT | TREASURER | 1 | — |
| EILEEN S SILVERSTEIN | SECRETARY | 1 | — |
| JONATHAN RITTER | VICE-PRESIDENT | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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