DM Foundation
DM Foundation is a private foundation based in New York, NY. Its 2025 filing reports grants to charitable organizations including the Center of Khmer Studies, Wellesley College, the Metropolitan Museum of Art, and Massachusetts General Hospital.
DM Foundation at a glance
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.
- Annual giving (2025)
- $202,000
- +69.7% vs 2024
- Grants made (2025)
- 13
- +30.0% vs 2024
- Average grant
- $15,538
- +30.6% vs 2024
- Median grant
- $6,000
- Total assets
- $3,064,652
- -0.4% vs 2024
- New grantees (estimate)
- 15% first-time grantees (2 of 13, 2025; small sample)
- Primary geography
- New York (66% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to DM Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 149 E 63Rd Street, New York, NY 10065
Phone: (212) 888-3535
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who DM Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Center of Khmer Studies ($100K). Together the top 10 received $200K.
Grant Size Distribution
54 grants across all recorded years
The most common grant size was under $50K: 47 grants of 54 (87%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars went to recipients in New York (66%), Massachusetts (28%), Connecticut (5%), and Washington, DC (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
Cities
Is DM Foundation open to new grantees?
15%
first-time grantees, 2025
In 2025, 2 of 13 grantees (15%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $119K (2024) to $202K (2025). In 2025 it made 13 grants totaling $202K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Center of Khmer Studies New York, NY | General Support | $100,000 |
| Wellesley College Wellesley, MA | General Support | $25,000 |
| Metropolitan Museum of Art New York, NY | General Support | $17,500 |
| Massachusetts General Hospital Boston, MA | General Support | $17,000 |
| American Foundation PSE New York, NY | General Support | $15,000 |
| Iaso Cultural Foundation New Haven, CT | General Support | $10,000 |
| Harvard University Cambridge, MA | General Support | $6,000 |
| The Groton School Groton, MA | General Support | $6,000 |
| St Albans School Washington, DC | General Support | $2,000 |
| Harvard Annual Fund Cambridge, MA | General Support | $1,000 |
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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 |
|---|---|---|---|---|---|---|---|
| 2025 | $3,064,652 | $165,175 | $205,954 | $202,000 | 13 | $205,628 | $161,547 |
| 2024 | $3,075,521 | $324,752 | $123,847 | $119,000 | 10 | $122,338 | $319,905 |
| 2023 | $2,857,652 | $51,819 | $163,008 | $159,500 | 10 | $160,336 | $59,574 |
| 2022 | $2,961,326 | $-7,959 | $182,583 | $178,700 | 9 | $181,195 | $64,582 |
| 2021 | $3,158,875 | $10,400 | $149,591 | $143,500 | 12 | $148,388 | $37,865 |
| 2020 | $3,311,367 | $-376,048 | $214,428 | $199,750 | 21 | — | $16,027 |
| 2019 | $3,939,932 | $1,028,163 | $174,513 | $142,500 | 17 | — | $1,020,218 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants went to organizations in areas including education, arts and culture, and health. Wellesley College describes its mission as providing an excellent liberal arts education for women who will make a difference in the world. The Metropolitan Museum of Art says it collects, studies, conserves, and presents significant works of art across times and cultures. St. Bernard’s School describes its mission as offering boys of diverse backgrounds a thorough, rigorous, and enjoyable introduction to learning and community life.
Grantmaking
In 2025, the foundation made 13 grants totaling $202,000. Grant amounts ranged from $500 to $100,000, with a median grant of $6,000. Notable grants included $100,000 to the Center of Khmer Studies, $25,000 to Wellesley College, $17,500 to the Metropolitan Museum of Art, $17,000 to Massachusetts General Hospital, and $15,000 to the American Foundation PSE. The listed grants were for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Joy A. De Menil and Peter Wolff as trustees.
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.
How large is DM Foundation?
DM Foundation reported $3.1M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $165K.
What does DM Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants went to organizations in areas including education, arts and culture, and health. Wellesley College describes its mission as providing an excellent liberal arts education for women who will make a difference in the world. See mission & focus areas ↑
How do I apply for a grant from DM Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does DM Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 15, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 20, 2024)
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Cite this profile
Grantable. (2026). DM Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/dm-foundation-morg_647a6703402b46d18c3dc0bf78812788
BibTeX
@misc{grantable_237345848_2026,
author = {{Grantable}},
title = {{DM Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/dm-foundation-morg_647a6703402b46d18c3dc0bf78812788},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from DM Foundation'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.
DM Foundation down — hundreds of funders to go?