Carl E Touhey Foundation
The Carl E Touhey Foundation is a private 501(c)(3) foundation established in 1989 and based in Albany, New York. Named after Albany businessman Carl E. Touhey (1917-2013), who was head of Orange Motor Co. and a prominent philanthropist in the Capital Region, the foundation continues the family's legacy of supporting community initiatives. The foundation operates as a family foundation with a strategic, invitation-only approach to grantmaking rather than accepting unsolicited applications.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$37.2M
-6.2% YoY
Annual Giving
$5.9M
+19.1% YoY
Grant Count
44
+7.3% YoY
Avg Grant Size
$133K
+11.0% YoY
Mission & Focus Areas
The foundation's primary funding priorities include:
- Arts and Culture — Arts education programs, museums, and cultural institutions
- Education — Educational initiatives and programs
- Human Services — Community development and support services
- Youth Development — Programs serving youth in foster care and youth empowerment
- Workforce Development — Employment and skills training programs
- Women's Empowerment — Programs supporting women's advancement
- Literacy and Community Development — Book programs and neighborhood strengthening
- Healthcare — Support for patient care facilities and medical initiatives
- Affordable Housing — Housing programs and homeownership support
The foundation has historically supported the building of a patient pavilion to provide affordable housing and support services designed to help those in need to help themselves.
Grantmaking
The foundation does not have a public application process. Grants are awarded through trustee discretion to preselected organizations only. The foundation does not accept unsolicited applications, reflecting a strategic approach to philanthropy based on the trustees' knowledge of community needs and organizational effectiveness.
Grant Range
$5,000 to $916,667
Average Grant
$120,169
How to Apply
**
Ready to take the next step with Carl E Touhey Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York State, with particular emphasis on:
- Albany and the Capital Region
- New York City
- Rochester
Some grants have also been awarded to organizations in Virginia and Washington, D.C.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023-2024:
- Total Assets: $37.2-$39.6 million
- Total Annual Giving: $4.9-$5.9 million
- Total Revenue: $3.5-$5.6 million
- Total Expenses: $6.9-$7.9 million
- Total Liabilities: $158,000
- Giving Rate: 12.9%
Tax Status:
- Tax-exempt since February 1990
- EIN: 22-3016226
- Designated as 501(c)(3)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $37,158,712 | $39,632,227 | $39,237,050 |
| Revenue | $3,513,986 | $5,568,047 | $3,703,426 |
| Expenses | $7,973,221 | $6,994,056 | $7,485,122 |
| Qualifying Distributions | $6,030,993 | $5,075,686 | $5,238,270 |
| Net Investment Income | $1,687,277 | $3,677,353 | $1,406,081 |
| Distributable Amount | $1,987,077 | $1,872,329 | $2,070,359 |
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
201 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Directors:
- Charles L Touhey — Director and President (32 hours/week, $82,949-$83,000 compensation)
- Virginia E Touhey — Director, Secretary/Treasurer (1 hour/week, no compensation)
- Lila M Touhey — Director (1 hour/week, no compensation)
- John J Touhey — Director, Vice President (1 hour/week, no compensation)
- John J Nigro — Director (1 hour/week, no compensation)
- F Michael Tucker, Esq. — Director (1 hour/week, no compensation)
- Jonathan Jones — Director (1 hour/week, no compensation)
- Arlene Way — Director (1 hour/week, no compensation)
Staff:
- Charles Kolbe — Sales and Leasing Manager (35 hours/week, $64,000 compensation)
The foundation has 4 employees total.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES L TOUHEY | DIRECTOR, PRESIDENT | 32 | $91,660 |
| VIRGINIA E TOUHEY | DIRECTOR, SECRETARY/TREASU | 1 | — |
| LILA M TOUHEY | DIRECTOR | 1 | — |
| JOHN J TOUHEY | DIRECTOR, VICE PRESIDENT | 1 | — |
| JOHN J NIGRO | DIRECTOR | 1 | — |
| F MICHAEL TUCKER ESQ | DIRECTOR | 1 | — |
| JONATHAN JONES | DIRECTOR | 1 | — |
| ARLENE WAY | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
Girls Inc. launched the Ignite! program with a $300,000 grant from the Carl E Touhey Foundation, supporting youth empowerment and arts and culture initiatives
Girls Inc. Launches New Program, Ignite!, Thanks To A $300,000 Gift FromThe foundation continues to support Albany Medical Center's patient pavilion project with significant grants
UIS in the News Archived: Medical research teams get $10,000 grantsOngoing support for affordable housing initiatives through the Affordable Housing Partnership of the Capital Region
$350k in small business grants announced - Capital Region ChamberData last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Carl E Touhey Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities