Educational Support Foundation Inc
Educational Support Foundation Inc is a private foundation based in Cedarhurst, New York. The organization was established in 1963 and holds 501(c)(3) tax-exempt status, making donations to the foundation tax-deductible.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.2M
-52.5% YoY
Annual Giving
$2.0M
+441.2% YoY
Grant Count
1
-94.4% YoY
Avg Grant Size
$2.0M
+9642.2% YoY
Under IRS private-foundation payout rules, Educational Support Foundation Inc reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Educational Support Foundation is a private foundation that primarily funds the advancement of education and assistance to needy individuals. The foundation's grant-making focuses on:
- Education
- Arts, Culture & Humanities
- Religion-Related causes
The foundation primarily directs its funding toward New York-based organizations and initiatives.
Grantmaking
Based on the most recent fiscal year data (ending May 2024), the foundation distributed **$1,990,881** in total giving. Typical grant awards range from **$1,500 to $1,990,881**.
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Geographic Focus
Where this funder awards grants
The foundation's grant-making is primarily concentrated in New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending May 2024:
| Metric | Amount |
|---|---|
| Total Assets | $19,191,259 |
| Total Revenues | $292,077 |
| Total Expenses | $2,122,500 |
| Total Liabilities | $855,000 |
| Investment Income & Dividends | $334,865 |
Revenue Composition (FY 2024):
- Investment income and dividends: $334,865
- Net rental income: -$20,473
- Miscellaneous revenues: -$49,901
The foundation experienced an 81% decline in total revenues from the prior year ($1,538,115 in FY 2023), primarily due to a significant decrease in investment income and dividends (down 78.3% year-over-year).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,191,259 | $40,421,354 | $39,952,671 |
| Revenue | $292,077 | $1,538,115 | $1,917,146 |
| Expenses | $2,122,500 | $641,312 | $619,737 |
| Qualifying Distributions | $1,990,881 | $367,840 | $302,220 |
| Net Investment Income | $448,379 | $1,376,830 | $1,561,104 |
| Distributable Amount | $1,464,074 | $1,596,962 | $1,669,199 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Available Upon Request ($1,990,881).
| Recipient | Purpose | Amount |
|---|---|---|
| Available Upon Request Cedarhurst, NY | Educational | $1,990,881 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sandra Schechter | Treasurer | 1 | — |
| WILLY BEER | President | 1 | — |
| RACHEL BEER | Vice President | 1 | — |
| Elliot Beer | Secretary | 1 | — |
Frequently Asked Questions
What does Educational Support Foundation Inc fund?
The Educational Support Foundation is a private foundation that primarily funds the advancement of education and assistance to needy individuals. The foundation's grant-making focuses on: • Education • Arts, Culture & Humanities • Religion-Related causes The foundation primarily directs its funding toward New York-based organizations and initiatives.
How do I apply for a grant from Educational Support Foundation Inc?
Based on the most recent fiscal year data (ending May 2024), the foundation distributed **$1,990,881** in total giving. Typical grant awards range from **$1,500 to $1,990,881**. The foundation made one grant during the most recent reporting year.
Where does Educational Support Foundation Inc make grants?
The foundation's grant-making is primarily concentrated in New York.
What size grants does Educational Support Foundation Inc award?
In 2024, Educational Support Foundation Inc awarded 1 grants totaling $2.0M — an average of about $2.0M per grant, based on its IRS Form 990 filings.
How much is Educational Support Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Educational Support Foundation Inc reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Educational Support Foundation Inc's EIN?
Educational Support Foundation Inc's EIN (Employer Identification Number) is 13-6159760. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Educational Support Foundation Inc'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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