Athena Foundation Inc

Private 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.

Athena Foundation Inc at a glance

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

Annual giving (2024)
$24,750
Grants made (2024)
6
Average grant
$4,125
Median grant
$5,000
Total assets
$383,180
-0.3% vs 2023
Primary geography
New York (61% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Athena Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

The 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$2K

The largest 2024 recipient was The Little Opera Theatre of NY Inc ($5K). Together the top 4 received $17K.

Organizations only. It also paid 2 grants to individuals ($7,750), which are not listed by name.

Grant Size Distribution

13 grants across all recorded years

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

The most common grant size was under $50K: 13 grants of 13 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

KatonahHigganumNew YorkAstoriaBrooklynLong Island CityPetalumaSouth Hadley

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K2 grants2020 0 grants2021 5 grants2022 0 grants2023 6 grants2024

From 2020 to 2024, annual grant giving ranged from $4K (2020) to $25K (2024). In 2024 it made 6 grants totaling $25K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
2 grants to individuals Recipients not named —$7,750
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
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2024$383,180$25,000$26,060$24,7506$26,060$22,784
2023$384,240—$1,260——$1,260$22,492
2022$385,500$25,000$24,328$23,0005$24,328$22,662
2021$384,828—$1,160——$460$22,499
2020$385,988—$5,200$4,0002—$22,556

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.

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 The Little Opera Theatre of NY Inc ($5,000), River Valley Arts Collective Inc ($5,000) and Socrates Sculpture Park Inc ($5,000), according to its 2024 IRS Form 990-PF. It also paid 2 grants to individuals ($7,750), which are not listed by name. Together they received 61% 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.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. 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 Athena 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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