Droplet Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it made $466 in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8K
-5.3% YoY
Revenue
—
Qualifying Distributions
$466
+15.9% YoY
Expenses
$466
+15.9% YoY
Under IRS private-foundation payout rules, Droplet Foundation Inc reported a distributable amount of $167 for 2024 — the minimum it must pay out in qualifying distributions.
About Droplet Foundation Inc
Based on IRS filings
Droplet Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it made $466 in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,327 | $8,793 | $9,195 |
| Revenue | — | — | — |
| Expenses | $466 | $402 | $17,322 |
| Qualifying Distributions | $466 | $402 | $17,322 |
| Net Investment Income | — | — | — |
| Distributable Amount | $167 | $189 | $298 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL W GLIMCHER | CHAIRMAN | 1 | — |
| SAMANTHA SHAW | SECRETARY | 1 | — |
| BRENT SCHIMKE | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Droplet Foundation Inc?
Droplet Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $8K in total assets as of 2024.
How large is Droplet Foundation Inc?
As of 2024, Droplet Foundation Inc holds $8K in total assets.
How much is Droplet Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Droplet Foundation Inc reported a distributable amount of $167 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Droplet Foundation Inc's EIN?
Droplet Foundation Inc's EIN (Employer Identification Number) is 86-1396471. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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