1898 Foundation Inc

Public charity · Grantmaker Purchase, NY EIN: 82-3903009

1898 Foundation, inc. (the "foundation") is a charitable, nonprofit organization incorporated on december 7, 2017 under the laws of New York state. The foundation was establshed to extend charitable aid in the form of financial assistance to current, former, and future employees of the century country club and their families and dependents. This charitable aid is intended to relieve economic hardship and financial crises arising from death, injury, illness, abuse, accident, natural disaster, or other personal or family emergency. In addition, the foundation provides such individuals, through an application process, with educational assistance. The foundation, from time to time, will also provides support to local area irc section 501(c)(3) organizations.

1898 Foundation Inc at a glance

In short: 1898 Foundation Inc reported $22K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.

Grants paid (2024)
$22,000 — reported as a total on the IRS filing, without an itemized list
-47.0% vs 2023
Total assets
$1,639,323
+15.1% vs 2023
Revenue (2024)
$279,778
-75.7% vs 2023
Net investment income (2024)
$63,778
+150.3% vs 2023
Expenses (2024)
$73,454
-30.1% vs 2023
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated October 2026.

Who 1898 Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

33 grants across all recorded years

33<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 33 grants of 33 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

ElmsfordHarrisonAlexandriaDetriotDetroitNew YorkPurchaseAlbanyBerkelyBronxBuffaloNew RochellePlattsburghPort ChesterStony BrookWashingtonWinter Park

How 1898 Foundation Inc gives

  • Giving held roughly steady from 2020 to 2023 (+19%). Method
  • In 2023 it paid out 209% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K12 grants2020 13 grants2021 2 grants2022 6 grants2023 Total only2024

From 2020 to 2024, annual grant giving ranged from $16K (2022) to $48K (2021). In 2024 it reported $22K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Scholarship America Inc Detriot, MIScholarship$25,000
Caddie Scholarship Fund Elmsford, NYGeneral Support$5,000
MGA Foundation Elmsford, NYGeneral Support$5,000
Feeding Westchester Elmsford, NYGeneral Support$2,500
Harrison Food Pantry Harrison, NYCommunity Outreach$2,000
Metro Club Foundation Elmsford, NYGeneral Support$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,639,323$279,778$73,454$22,000Total only—$63,778—
2023$1,424,499$1,152,814$105,149$41,5006$100,849$25,484$48,289
2022$370,334$18,538$17,952$15,7272$17,952$38$18,750
2021$369,748$128,983$57,642$48,00013$57,642$33$16,504
2020$298,407$62,925$35,030$35,00012—$25$12,584

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About 1898 Foundation Inc

Based on IRS filings

1898 Foundation Inc is a public charity focused on Education, based in Purchase, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it reported $22K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $64K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

1898 Foundation Inc is led by Alan M. Klein, Chairperson since 2024 (on filings since 2020); none of the 17 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Alan M. Klein

    Chairperson

    Director → President, 2022

    President → Chairperson, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ann R. Tisch

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Betty Loeb Levin

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Burton Ward

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gregory N. Weiss

    Board Member

    President → Secretary & Treasurer, 2022

    Secretary & Treasurer → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jean Loeb Troubh

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeanne E. Fogel

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jill P. Rappaport

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Julia E. Guggenheimer

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lucy C. Danziger

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lucy L. Klingenstein

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Matthew R. Savitt

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert J. Sobel

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas W. Strauss

    Board Member

    Director → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Edgar Wachenheim III

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • John Tieng

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Maurice R. Povich

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (17)
  • Former: Daniel Pollack (2020–2023) — Director
  • Former: Edgar Wachemheim (2020–2023) — Director
  • Former: Lisa S. McGowan (2020–2023) — Vice President
  • Former: Maury Povich (2020–2023) — Director
  • Former: A. Andrew Shapiro (2021) — Director
  • Former: Adam J. Comora (2021) — Director
  • Former: Barbara F. Israel (2021) — Director
  • Former: David D. Sicher (2021) — Director
  • Former: Katie Danziger (2021) — Director
  • Former: Kim W. Wagman (2021) — Secretary
  • Former: Linda Moser (2021) — Director
  • Former: Michael D. Weiss (2021) — Director
  • Former: Rebecca M. Jones (2021) — Director
  • Former: Russell H. Shattan (2021) — Director
  • Former: Steven C. Guggenheimer (2021) — Vice President
  • Former: Thomas A. Ullman (2021) — Director
  • Former: Wendy R. Aronsson (2021) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about 1898 Foundation Inc

How much does 1898 Foundation Inc give each year?

1898 Foundation Inc reported $22K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it gave $42K across 6 grants.

How large is 1898 Foundation Inc?

1898 Foundation Inc reported $1.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $280K.

What is 1898 Foundation Inc?

1898 Foundation Inc is a public charity focused on Education, based in Purchase, NY. It holds $1.6M in total assets as of 2024.

Where does 1898 Foundation Inc operate?

1898 Foundation Inc has awarded grants in California, District of Columbia, Florida, Michigan, New York, Virginia.

What is 1898 Foundation Inc's EIN?

1898 Foundation Inc's EIN (Employer Identification Number) is 82-3903009. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS December 20, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 26, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS March 19, 2026)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from 1898 Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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