Druckenmiller Foundation
The Druckenmiller Foundation is a private grantmaking foundation established in 1993 and based in New York City. It operates as a 501(c)(3) organization and is classified as a private foundation (NTEE code T20). The foundation was created by Stanley F. Druckenmiller, founder and former Chairman, CEO, and President of the investment firm Duquesne Capital Management.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8B
+0.2% YoY
Annual Giving
$135.7M
+32.9% YoY
Grant Count
58
-9.4% YoY
Avg Grant Size
$2.3M
+46.7% YoY
Under IRS private-foundation payout rules, Druckenmiller Foundation reported a distributable amount of $105.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary purpose is to provide scholarships to students who have caddied at Oakmont Country Club in Pennsylvania within the past year. Beyond this core mission, the foundation supports a broad range of funding areas including education, human services, poverty alleviation, reproductive health, and nonprofit grantmaking and voluntarism.
The foundation has granted scholarships at Penn State University, the University of Dayton, and the University of Vermont.
Grantmaking
The foundation is an active grantmaker with significant resources. Recent grant activity includes:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, Pennsylvania, and the District of Columbia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending November 2024:
- Total Assets: $1,765,387,402
- Total Revenue: $143,218,302
- Total Expenses: $138,923,790
- Total Giving: $135,743,666
- Total Liabilities: $0
The foundation maintains substantial financial resources with minimal liabilities and consistent annual giving in the range of $135-140 million.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,765,387,402 | $1,761,092,890 | $1,608,603,488 |
| Revenue | $143,218,302 | $258,886,185 | $205,399,591 |
| Expenses | $138,923,790 | $106,399,789 | $176,605,220 |
| Qualifying Distributions | $135,793,297 | $102,181,033 | $173,982,632 |
| Net Investment Income | $142,117,875 | $244,518,044 | $204,727,003 |
| Distributable Amount | $104,950,204 | $91,119,511 | $88,870,900 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Nyu Langone Medical Center ($40,450,000), Blue Meridian Partners Inc ($31,164,000), Memorial Sloan Kettering Cancer Center ($20,100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HARLEM CHILDREN'S ZONE NEW YORK, NY | GENERAL USE | $14,500,000 |
| THE SPENCE SCHOOL NEW YORK, NY | GENERAL USE | $1,550,000 |
| CALIFORNIA COMMUNITY FOUNDATION LOS ANGELES, CA | GENERAL USE | $400,000 |
| NYU LANGONE MEDICAL CENTER NEW YORK, NY | GENERAL USE | $40,450,000 |
| MEMORIAL SLOAN KETTERING CANCER CENTER NEW YORK, NY | GENERAL USE | $20,100,000 |
| SOUTHAMPTON BATH AND TENNIS CHARITABLE FUND SOUTHAMPTON, NY | GENERAL USE | $125,000 |
| JOSEPH FARRELL OAKMONT, PA | SCHOLARSHIP - AVA MARIA UNIVERSITY | $11,000 |
| ADAM SLUSER Myrtle Beach, SC | SCHOLARSHIP - COASTAL CAROLINA UNIV | $15,000 |
| VICTORIA WITOUSKI GIBSONIA, PA | SCHOLARSHIP - BELMONT UNIV | $12,500 |
| PETER THOMAS WYRICK OAKMONT, PA | SCHOLARSHIP - UNIVERSITY OF VERMONT | $9,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Stanley F. Druckenmiller - Founder and primary funder of the foundation
Fiona Druckenmiller - Foundation trustee and wife of Stanley Druckenmiller; noted financial executive
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STANLEY F DRUCKENMILLER | TRUSTEE | — | — |
| FIONA DRUCKENMILLER | TRUSTEE | — | — |
| GERALD KERNER | ADMIN. OFFICER | — | — |
Frequently Asked Questions
What does Druckenmiller Foundation fund?
The foundation's primary purpose is to provide scholarships to students who have caddied at Oakmont Country Club in Pennsylvania within the past year. Beyond this core mission, the foundation supports a broad range of funding areas including education, human services, poverty alleviation, reproductive health, and nonprofit grantmaking and voluntarism. The foundation has granted scholarships at Penn State University, the University of Dayton, and the University of Vermont.
How do I apply for a grant from Druckenmiller Foundation?
The foundation is an active grantmaker with significant resources. Recent grant activity includes: • **Blue Meridian Partners**: $31,164,000 (2024) • **Harlem Children's Zone**: $14,500,000 (2024) • **Foundation for Sarcoidosis Research (FSR)**: $10,000,000 (2024) In 2024, the foundation made 55 grants totaling approximately $135.7 million. Typical award sizes range from $2,000 to $50,000,000. The foundation also granted 20 scholarships in its most recent reporting period.
Where does Druckenmiller Foundation make grants?
The foundation primarily funds organizations in New York, Pennsylvania, and the District of Columbia.
What size grants does Druckenmiller Foundation award?
In 2024, Druckenmiller Foundation awarded 58 grants totaling $135.7M — an average of about $2.3M per grant, based on its IRS Form 990 filings.
How much is Druckenmiller Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Druckenmiller Foundation reported a distributable amount of $105.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Druckenmiller Foundation's EIN?
Druckenmiller Foundation's EIN (Employer Identification Number) is 13-3735187. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Druckenmiller Foundation's focus areas in our free grants database
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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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