The Albert & Cynthia Setton Family Foundation is a private foundation based in New York, NY. The foundation operates as a grantmaking organization supporting charitable initiatives across multiple focus areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$260K
-26.5% YoY
Annual Giving
$577K
+2.3% YoY
Grant Count
26
-18.8% YoY
Avg Grant Size
$22K
+25.9% YoY
Under IRS private-foundation payout rules, Albert & Cynthia Setton Family reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary grantmaking focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation does not accept applications.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- New Jersey
- California
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $260,348
- Total giving: $576,577
- Number of grants: 32
Historical Assets:
- 2023: $684,000
- 2022: $644,000
- 2021: $969,000
- 2020: $721,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $260,348 | $354,330 | $684,292 |
| Revenue | $452,645 | $272,440 | $360,000 |
| Expenses | $578,527 | $565,298 | $356,832 |
| Qualifying Distributions | $576,577 | $563,833 | $355,812 |
| Net Investment Income | $2,496 | $2,340 | — |
| Distributable Amount | $24,355 | $31,567 | $42,487 |
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
109 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shore Area Mikveh ($75,000), Magen David Yeshivah ($72,401), Sephardic Community Center ($50,317).
| Recipient | Purpose | Amount |
|---|---|---|
| A TORAH INFERTILITY MEDIUM OF EXCHANGE BROOKLYN, NY | CHARITABLE | $18,000 |
| HILLEL YESHIVA OCEAN TOWNSHIP, NJ | CHARITABLE | $1,800 |
| KINGS HIGHWAY BEAUTIFICATION ASSOCIATION INC BROOKLYN, NY | CHARITABLE | $4,400 |
| NEW YORK-PRESBYTERIAN NEW YORK, NY | CHARITABLE | $7,000 |
| RENEWAL BROOKLYN, NY | CHARITABLE | $18,900 |
| SEPHARDIC BIKUR HOLIM BROOKLYN, NY | CHARITABLE | $43,234 |
| SEPHARDIC COMMUNITY CENTER BROOKLYN, NY | CHARITABLE | $50,317 |
| SEPHARDIC FOOD FUND NEW YORK, NY | CHARITABLE | $18,501 |
| HATZOLOH OF THE JERSEY SHORE ELBERON, NJ | CHARITABLE | $12,000 |
| SEPHARDIC MEDICAL RESOURCES INC BROOKLYN, NY | CHARITABLE | $26,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALBERT SETTON | DIRECTOR | 2 | — |
| CYNTHIA SETTON | DIRECTOR | 2 | — |
| LEE COHEN | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Albert & Cynthia Setton Family fund?
The foundation's primary grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Albert & Cynthia Setton Family?
**Grant Activity:** • Total giving: $576,577 (2024) • Number of grants: 32 (2024) • Typical award range: $101–$250,000 • Median grant amount: $4,000 (2024) **Recent Grant Recipients (2023):** • Hatzoloh of Flatbush Charitable: $250,000 • Sephardic Bikur Holim Charitable: $48,000 • Ahaba Ve Ahva Charitable: $36,000 • NY Cancer Center Charitable: $34,000 • Special Children Center Charitable: $28,000 • Magen David Yeshivah Charitable: $27,000 • Sephardic Food Fund Charitable: $26,000 • Renewal Cha…
Where does Albert & Cynthia Setton Family make grants?
The foundation primarily funds organizations in: • New York • New Jersey • California
What size grants does Albert & Cynthia Setton Family award?
In 2024, Albert & Cynthia Setton Family awarded 26 grants totaling $577K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Albert & Cynthia Setton Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert & Cynthia Setton Family reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Albert & Cynthia Setton Family's EIN?
Albert & Cynthia Setton Family's EIN (Employer Identification Number) is 83-2890601. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Albert & Cynthia Setton Family's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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