DM Foundation

Foundation · Grantmaker New York, NY EIN: 23-7345848

DM Foundation is a nonprofit organization, based in New York, NY. IRS filing data is available from 2019 through 2025. In 2025, it awarded 13 grants totaling $202K.

Key facts about DM Foundation

In short: DM Foundation gave $202K across 13 grants in 2025 (avg $16K), mostly in New York. 15% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
23-7345848
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$202,000
Grants made (2025)
13
Average grant
$15,538
Median grant
$6,000
New grantees (estimate)
15% first-time grantees (2 of 13, 2025)
Primary geography
New York (66% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$202K

+69.7% YoY

Grant Count

13

+30.0% YoY

Avg Grant Size

$16K

+30.6% YoY

Is DM Foundation open to new grantees?

15%

first-time grantees, 2025

In 2025, 2 of 13 grantees (15%) were first-time recipients. First grants averaged $13K; repeat grants $16K. How we count

Medians: $13K first-time, $6K repeat.

  • 62% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+13%). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 13 itemized 2025 grant dollars.

Cities

New YorkCambridgeBostonWellesleyWashingtonGrotonExeterHoustonNew HavenPotmoac

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K17 grants201921 grants202012 grants20219 grants202210 grants202310 grants202413 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Center of Khmer Studies: $100KCenter of Khmer Studies$100KWellesley College: $25KWellesley College$25KMetropolitan Museum of Art: $18KMetropolitan Museum of Art$18KMassachusetts General Hospital: $17KMassachusetts General Hospital$17KAmerican Foundation Pse: $15KAmerican Foundation Pse$15KIaso Cultural Foundation: $10KIaso Cultural Foundation$10KHarvard University: $6KHarvard University$6KThe Groton School: $6KThe Groton School$6KSt Albans School: $2KSt Albans School$2KHarvard Annual Fund: $1KHarvard Annual Fund$1K

Grant Size Distribution

54 grants across all recorded years

47<$50K5$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CENTER OF KHMER STUDIES New York, NYGENERAL SUPPORT$100,000
WELLESLEY COLLEGE Wellesley, MAGENERAL SUPPORT$25,000
METROPOLITAN MUSEUM OF ART New York, NYGENERAL SUPPORT$17,500
MASSACHUSETTS GENERAL HOSPITAL Boston, MAGENERAL SUPPORT$17,000
AMERICAN FOUNDATION PSE New York, NYGENERAL SUPPORT$15,000
IASO CULTURAL FOUNDATION New Haven, CTGENERAL SUPPORT$10,000
HARVARD UNIVERSITY Cambridge, MAGENERAL SUPPORT$6,000
THE GROTON SCHOOL Groton, MAGENERAL SUPPORT$6,000
ST ALBANS SCHOOL Washington, DCGENERAL SUPPORT$2,000
HARVARD ANNUAL FUND Cambridge, MAGENERAL SUPPORT$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.5$1$1.52019202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 15, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 20, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  8. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

DM Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Joy A. De Menil

    Trustee

    On filings since 2019

    No compensation reported

  • Peter Wolff

    Trustee

    On filings since 2019

    No compensation reported

Former officers (3)
  • Former: Abraham L. Udovitch (2019–2024) — Trustee
  • Former: Ashton Hawkins (2019–2024) — Trustee
  • Former: Susan T. Nitze (2019–2024) — Trustee

Data from IRS Form 990 filings, 2019–2025. "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 DM Foundation

How much does DM Foundation give each year?

DM Foundation gave $202K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $119K across 10 grants.

What is DM Foundation's typical grant size?

DM Foundation's median grant in 2025 was $6,000, and its average grant was $15,538, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from DM Foundation that year got $13K on average.

Where does DM Foundation give grants?

DM Foundation gives mostly in New York: 66% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (28%). The most frequent recipient cities were New York, NY (5 grants) and Cambridge, MA (3 grants).

Does DM Foundation give general operating support?

Yes: 100% of DM Foundation's 2025 grants with a stated purpose (13 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are DM Foundation's largest grantees?

DM Foundation's largest 2025 grantees include Center of Khmer Studies ($100,000), Wellesley College ($25,000) and Metropolitan Museum of Art ($17,500), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.

What is DM Foundation's EIN?

DM Foundation's EIN (Employer Identification Number) is 23-7345848. IRS Form 990 filing data is available on this page for 2019–2025.

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

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