Athena Foundation Inc

Foundation · Grantmaker Long Island City, NY EIN: 06-0974154
Arts and culture

Athena Foundation Inc is a private foundation focused on Arts and culture, based in Long Island City, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $383K in total assets. In 2024, it awarded 6 grants totaling $25K.

Key facts about Athena Foundation Inc

In short: Athena Foundation Inc gave $25K across 6 grants in 2024 (avg $4K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
06-0974154
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$24,750
Grants made (2024)
6
Average grant
$4,125
Median grant
$5,000
Total assets
$383,180
Primary geography
New York (61% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$383K

-0.3% YoY

Annual Giving

$25K

Grant Count

6

Avg Grant Size

$4K

Under IRS private-foundation payout rules, Athena Foundation Inc reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

How Athena Foundation Inc gives

  • In 2024 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 6 itemized 2024 grant dollars.

Cities

KatonahHigganumNew YorkAstoriaBrooklynLong Island CityPetalumaSouth Hadley

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K2 grants20200 grants20215 grants20220 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Sean Paul Lorentz: $6KSean Paul Lorentz$6KThe Little Opera Theatre of NY Inc: $5KThe Little Opera Theatre of NYInc$5KRiver Valley Arts Collective Inc: $5KRiver Valley Arts CollectiveInc$5KSocrates Sculpture Park Inc: $5KSocrates Sculpture Park Inc$5KCandlewood Farm Arts Foundation: $2KCandlewood Farm ArtsFoundation$2KDarrell Petit: $2KDarrell Petit$2K

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
SEAN PAUL LORENTZ Petaluma, CATO SUPPORT ARTWORK TRANSPORTATION TO SCULPTURE FIELDS IN CHATTANOOGA, TN$6,250
THE LITTLE OPERA THEATRE OF NY INC New York, NYGENERAL SUPPORT$5,000
RIVER VALLEY ARTS COLLECTIVE INC Katonah, NYGENERAL SUPPORT$5,000
SOCRATES SCULPTURE PARK INC Long Island City, NYGENERAL SUPPORT$5,000
CANDLEWOOD FARM ARTS FOUNDATION Higganum, CTTO SUPPORT THE SOLSTICE SYMPOSIUM 2024 FOR CLASSICAL GUITAR$2,000
DARRELL PETIT South Hadley, MATO SUPPORT THE 2ND EDITION/PRINT RUN OF THE BOOK DARRELL PETIT IN STONE$1,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K20202021202220232024
Metric202420232022
Total Assets$383,180$384,240$385,500
Revenue$25,000—$25,000
Expenses$26,060$1,260$24,328
Qualifying Distributions$26,060$1,260$24,328
Net Investment Income———
Distributable Amount$22,784$22,492$22,662

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Athena Foundation Inc is led by Mark Di Suvero, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Mark Di Suvero

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Anita Contini

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Barbara Haskell

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Susan Freedman

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ivana Mestrovic

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

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 Athena Foundation Inc

How much does Athena Foundation Inc give each year?

Athena Foundation Inc gave $25K across 6 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Athena Foundation Inc's typical grant size?

Athena Foundation Inc's median grant in 2024 was $5,000, and its average grant was $4,125, across 6 grants on its 2024 IRS Form 990-PF.

Where does Athena Foundation Inc give grants?

Athena Foundation Inc gives mostly in New York: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were California (25%) and Connecticut (8%).

Does Athena Foundation Inc give general operating support?

Yes: 50% of Athena Foundation Inc's 2024 grants with a stated purpose (3 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Athena Foundation Inc's largest grantees?

Athena Foundation Inc's largest 2024 grantees include Sean Paul Lorentz ($6,250), The Little Opera Theatre of NY Inc ($5,000) and River Valley Arts Collective Inc ($5,000), according to its 2024 IRS Form 990-PF. Together they received 66% of its itemized 2024 grant dollars.

How large is Athena Foundation Inc?

Athena Foundation Inc reported $383K in total assets on its 2024 IRS Form 990-PF. It paid out $26K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets).

What is Athena Foundation Inc?

Athena Foundation Inc is a private foundation focused on Arts and culture, based in Long Island City, NY. It holds $383K in total assets as of 2024.

What is Athena Foundation Inc's EIN?

Athena Foundation Inc's EIN (Employer Identification Number) is 06-0974154. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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