Charina Endowment Fund Inc
Charina Endowment Fund Inc is a private foundation based in New York, NY, established in 1992. The organization operates as a 501(c)(3) tax-exempt entity with a significant philanthropic mission supporting diverse charitable causes across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$370.5M
+1.2% YoY
Annual Giving
$17.0M
-1.4% YoY
Grant Count
69
+1.5% YoY
Avg Grant Size
$247K
-2.8% YoY
Under IRS private-foundation payout rules, Charina Endowment Fund Inc reported a distributable amount of $17.8M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation focuses on a broad range of subject areas including:
- Arts and Culture — visual arts, performing arts, theater, and museums
- Education — higher education, graduate and professional education, and business education
- Health — in-patient medical care, hospital care, and rehabilitation
- Human Services — special population support, homeless services, and services for older adults
- Environment — natural resources
- Information and Communications — libraries and public libraries
The foundation places particular emphasis on supporting children, economically disadvantaged individuals, and special populations including the homeless and older adults.
Grantmaking
The foundation makes grants typically ranging from $25,000 to $1,000,000. Recent financial data indicates total giving of approximately $17,017,000 in the most recent filing year. The foundation supports general support grants to other 501(c)(3) organizations.
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across numerous cities and states throughout the United States, with particular activity in New York, the District of Columbia, and Massachusetts. Funding extends to major urban centers including New York, Los Angeles, and San Francisco.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $366 million
- Total Revenue: $12.7 million
- Total Expenses: $15.4 million
- Total Liabilities: $16.3 million
As of 2024:
- Total Assets: $370,474,581
- Total Giving: $17,017,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $370,474,581 | $366,223,161 | $362,645,351 |
| Revenue | $65,701,405 | $12,727,509 | $6,648,771 |
| Expenses | $21,280,800 | $15,419,844 | $20,137,832 |
| Qualifying Distributions | $17,676,123 | $17,982,615 | $19,137,717 |
| Net Investment Income | $65,096,645 | $11,874,719 | $8,119,945 |
| Distributable Amount | $17,843,326 | $17,501,730 | $18,063,927 |
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
Among its reported 2024 grants, the largest include Cornell University ($1,000,000), Hunter College Foundation Inc ($600,000), Gates Philanthropy Partners ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FEDERATION FOR AGING RESEARCH INC NEW YORK, NY | GENERAL SUPPORT | $300,000 |
| AMERICANS FOR BEN-GURION UNIVERSITY INC NEW YORK, NY | GENERAL SUPPORT | $250,000 |
| AMERICAN TECHNION SOCIETY NEW YORK, NY | GENERAL SUPPORT | $250,000 |
| AMIGOS DEL MUSEO DEL BARRIO INC NEW YORK, NY | GENERAL SUPPORT | $150,000 |
| APERTURE FOUNDATION INC NEW YORK, NY | GENERAL SUPPORT | $100,000 |
| BROOKLYN MUSEUM BROOKLYN, NY | GENERAL SUPPORT | $100,000 |
| CHILDREN'S HOSPITAL FOUNDATION SILVER SPRING, MD | GENERAL SUPPORT | $150,000 |
| CITY PARKS FOUNDATION NEW YORK, NY | GENERAL SUPPORT | $150,000 |
| CITY UNIVERSITY OF NEW YORK NEW YORK, NY | GENERAL SUPPORT | $400,000 |
| COLLEGIATE DIRECTIONS INC BETHESDA, MD | GENERAL SUPPORT | $75,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key leadership includes:
- Richard L. Menschel
- Ronay A. Menschel
- Celene A. Menschel
- Charis B. Drant
- Sabina C. Menschel
The leadership team operates with minimal compensation, reflecting a commitment to philanthropic work.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD L MENSCHEL | CHAIRMAN, DIRECTOR | 8 | — |
| RONAY A MENSCHEL | PRESIDENT, DIRECTOR | 4 | — |
| CELENE A MENSCHEL | TREASURER, DIRECTOR | 1 | — |
| CHARIS B MENSCHEL | CO-SECRETARY, DIRECTOR | 1 | — |
| SABINA C MENSCHEL | CO-SECRETARY, DIRECTOR | 1 | — |
Contact Information
Address: 375 Park Avenue, Suite 360, New York, NY 10152-0000
Telephone: 212-902-8133
Frequently Asked Questions
What does Charina Endowment Fund Inc fund?
The foundation focuses on a broad range of subject areas including: • **Arts and Culture** — visual arts, performing arts, theater, and museums • **Education** — higher education, graduate and professional education, and business education • **Health** — in-patient medical care, hospital care, and rehabilitation • **Human Services** — special population support, homeless services, and services for older adults • **Environment** — natural resources • **Information and Communications** — librarie…
How do I apply for a grant from Charina Endowment Fund Inc?
The foundation makes grants typically ranging from $25,000 to $1,000,000. Recent financial data indicates total giving of approximately $17,017,000 in the most recent filing year. The foundation supports general support grants to other 501(c)(3) organizations.
Where does Charina Endowment Fund Inc make grants?
The foundation supports initiatives across numerous cities and states throughout the United States, with particular activity in New York, the District of Columbia, and Massachusetts. Funding extends to major urban centers including New York, Los Angeles, and San Francisco.
What size grants does Charina Endowment Fund Inc award?
In 2024, Charina Endowment Fund Inc awarded 69 grants totaling $17.0M — an average of about $247K per grant, based on its IRS Form 990 filings.
How much is Charina Endowment Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Charina Endowment Fund Inc reported a distributable amount of $17.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charina Endowment Fund Inc's EIN?
Charina Endowment Fund Inc's EIN (Employer Identification Number) is 13-3675545. IRS Form 990 filing data is available on this page for 2020–2024.
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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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