Augustus Foundation Inc
Augustus Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 1 grant totaling $637K. Net investment income was $55K.
Augustus Foundation Inc at a glance
In short: Augustus Foundation Inc gave $637K across 1 grant in 2024 (avg $637K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $636,693
- +1719.1% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $636,693
- +1719.1% vs 2023
- Median grant
- $636,693
- Total assets
- $1,807,052
- -12.7% vs 2023
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Augustus Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was The Bessemer Giving Fund ($637K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Augustus Foundation Inc gives
- Giving grew 1773% from 2021 to 2024. Method
- In 2024 it paid out 585% 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
From 2020 to 2024, annual grant giving ranged from $34K (2020) to $637K (2024). In 2024 it made 1 grant totaling $637K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Bessemer Giving Fund Woodbridge, NJ | Charitable | $636,693 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,807,052 | $73,388 | $659,721 | $636,693 | 1 | $641,732 | $55,424 | $109,622 |
| 2023 | $2,070,580 | $1,099,388 | $48,743 | $35,000 | 1 | $36,544 | $22,533 | $85,050 |
| 2022 | $692,295 | $17,383 | $54,674 | $42,000 | 1 | $45,155 | $8,364 | $38,189 |
| 2021 | $928,454 | $32,782 | $46,457 | $34,000 | 1 | $37,548 | $23,873 | $45,363 |
| 2020 | $864,886 | $25,520 | $43,607 | $34,000 | 1 | — | $19,311 | $37,169 |
Under IRS private-foundation payout rules, Augustus Foundation Inc reported a distributable amount of $110K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Augustus Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Evan B. Drachman
Vice President & Director
Vice President, Treasurer & Director → Vice President & Director, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Jane Sims
Secretary, Treasurer & Director
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: Daniel B. Drachman Dec (2021–2023) — Senior Vice President & Director
- Former: Daniel B. Drachman (2020) — Senior Vice President & 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 Augustus Foundation Inc
How much does Augustus Foundation Inc give each year?
Augustus Foundation Inc gave $637K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $35K across 1 grant.
How large is Augustus Foundation Inc?
Augustus Foundation Inc reported $1.8M in total assets on its 2024 IRS Form 990-PF. It paid out $642K in qualifying distributions that year, against a required minimum of $110K (roughly 5% of its investment assets).
Where does Augustus Foundation Inc operate?
Augustus Foundation Inc has awarded grants in California, New Jersey.
What is Augustus Foundation Inc's EIN?
Augustus Foundation Inc's EIN (Employer Identification Number) is 45-0571266. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Augustus Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Augustus Foundation Inc's focus areas in our free grants database
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