The Ehrenkranz Family Foundation is a private foundation established in 1997 and based in New York City. The foundation is the philanthropic arm of art-collecting couple Joel and Anne Ehrenkranz and operates as a 501(c)(3) organization with tax-exempt status since February 1998.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
-36.7% YoY
Annual Giving
$3.1M
-46.1% YoY
Grant Count
61
-20.8% YoY
Avg Grant Size
$50K
-32.0% YoY
Under IRS private-foundation payout rules, Ehrenkranz Family Foundation reported a distributable amount of $361K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation invests across multiple sectors including:
- The Arts — Particularly visual art, photography, and contemporary art at the institutional and museum levels, with a strong focus on New York City. The foundation also supports performing arts and music to a lesser extent.
- Education — Including higher education institutions
- Health Care
- Housing and Homelessness
- Jewish Community Organizations
- Social Services
Grantmaking
The foundation does not maintain a public website or other public presence, restricting publicly available information about its grantmaking strategies or interests. Grantmaking appears to track with the founders' board memberships and personal connections, making networking particularly important for prospective applicants.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, with additional activity in Wyoming and Connecticut.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $7,037,763
- Total Revenue: $8,143,282
- Total Expenses: $5,762,580
- Total Liabilities: $0
- Number of Employees: 0
Revenue Breakdown (2023):
- Total grants and contributions: $3,182,741
- Investment income and dividends: $90,411
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,451,386 | $7,037,763 | $7,447,140 |
| Revenue | $875,107 | $8,143,282 | $9,168,578 |
| Expenses | $3,203,837 | $5,762,580 | $3,005,354 |
| Qualifying Distributions | $3,065,636 | $5,691,861 | $3,000,041 |
| Net Investment Income | $517,826 | $4,954,572 | $3,484,164 |
| Distributable Amount | $360,744 | $344,215 | $511,035 |
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
201 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Museum of Modern Art ($460,000), Hospital for Special Surgery Fund Inc ($335,000), Central Park Conservancy ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S DRUG DISCOVERY FOUNDATION New York, NY | GENERAL PURPOSE | $25,000 |
| AMERICAN ENTERPRISE INSTITUTE WASHINGTON, DC | GENERAL PURPOSE | $100,000 |
| BREAST CANCER RESEARCH FOUNDATION NEW YORK, NY | GENERAL PURPOSE | $10,000 |
| CENTRAL SYNAGOGUE NEW YORK, NY | GENERAL PURPOSE | $128,000 |
| COUNCIL OF FOREIGN RELATIONS NEW YORK, NY | GENERAL PURPOSE | $200,000 |
| DRAWING CENTER INC NEW YORK, NY | GENERAL PURPOSE | $1,000 |
| Hospital for Special Surgery Fund Inc NEW YORK, NY | GENERAL PURPOSE | $335,000 |
| LET'S GET READY NEW YORK, NY | GENERAL PURPOSE | $2,500 |
| LINCOLN CENTER FOR THE PERFORMING ARTS NEW YORK, NY | GENERAL PURPOSE | $35,000 |
| METROPOLITAN MUSEUM OF ART NEW YORK, NY | GENERAL PURPOSE | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Founders and Key Figures:
- Joel Ehrenkranz — Co-founder and senior partner of Ehrenkranz Partners L.P. and Ehrenkranz & Ehrenkranz LLP. Serves as vice chair of Lincoln Center for the Performing Arts and previously served as president of the Whitney Museum of American Art.
- Anne Ehrenkranz — Co-founder, art historian, photographer, and author of books about photography. Serves as a trustee of the Asia Society.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEL S EHRENKRANZ | TRUSTEE | 1 | — |
| ANNE B EHRENKRANZ | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation's arts grantees include the International Center of Photography, International Print Center, PS1 Contemporary Arts Center, the Asia Society, NYU's Institute of Fine Arts, the Foundation for Contemporary Arts, Lincoln Center for the Performing Arts, and the Whitney Museum of American Art. The couple endowed a curatorship at the Whitney Museum.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Ehrenkranz Family Foundation fund?
The foundation invests across multiple sectors including: • **The Arts** — Particularly visual art, photography, and contemporary art at the institutional and museum levels, with a strong focus on New York City. The foundation also supports performing arts and music to a lesser extent. • **Education** — Including higher education institutions • **Health Care** • **Housing and Homelessness** • **Jewish Community Organizations** • **Social Services**
How do I apply for a grant from Ehrenkranz Family Foundation?
**Grant Activity:** • Total giving in 2023: $5,674,286 • Typical award range: $250,000–$1,000,000 • The foundation made 56 grants in 2023 **Recent Major Grants (2023):** • Icahn School of Medicine at Mount Sinai: $1,000,000 • University of Pennsylvania: $600,000 • New York University School of Law Foundation: $500,000 **Application Process:** The foundation does not maintain a public website or other public presence, restricting publicly available information about its grantmaking strategies or…
Where does Ehrenkranz Family Foundation make grants?
The foundation primarily funds organizations in New York, with additional activity in Wyoming and Connecticut.
What size grants does Ehrenkranz Family Foundation award?
In 2024, Ehrenkranz Family Foundation awarded 61 grants totaling $3.1M — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is Ehrenkranz Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ehrenkranz Family Foundation reported a distributable amount of $361K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ehrenkranz Family Foundation's EIN?
Ehrenkranz Family Foundation's EIN (Employer Identification Number) is 13-3977888. IRS Form 990 filing data is available on this page for 2020–2024.
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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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