Equitable Foundation Inc
Equitable Foundation Inc is a philanthropic organization that supports educational initiatives and food equity programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$112.4M
+6.0% YoY
Annual Giving
$5.5M
+15.8% YoY
Grant Count
1,453
+2.5% YoY
Avg Grant Size
$4K
+13.0% YoY
Under IRS private-foundation payout rules, Equitable Foundation Inc reported a distributable amount of $5.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation focuses on:
- Educational scholarships and student support
- Food equity and access initiatives
Grantmaking
The foundation administers the Equitable Excellence Scholarship®, an annual scholarship program recognizing and supporting recipients. The foundation announced scholarship recipients in 2023, 2024, and 2025.
Ready to take the next step with Equitable Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $112,407,153 | $106,085,926 | $96,722,385 |
| Revenue | $8,983,863 | $21,898,403 | $5,851,300 |
| Expenses | $7,475,063 | $6,777,945 | $5,849,098 |
| Qualifying Distributions | $6,648,565 | $5,831,470 | $5,750,146 |
| Net Investment Income | $7,946,874 | $21,859,600 | $5,796,706 |
| Distributable Amount | $5,263,102 | $4,606,389 | $5,038,085 |
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 Alzheimer's Disease and Related Disorders Association Inc ($4,890), 716 Squash Inc ($4,500), Adrienne Arsht Center Foundation ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 100 BLACK MEN OF CHICAGO INC CHICAGO, IL | GENERAL CONTRIBUTION | $675 |
| 13THIRTY CANCER CONNECT INC ROCHESTER, NY | GENERAL CONTRIBUTION | $250 |
| 1ST CEREBRAL PALSY OF NJ BELLEVILLE, NJ | GENERAL CONTRIBUTION | $500 |
| 211 PALM BEACH TREASURE COAST INC LANTANA, FL | GENERAL CONTRIBUTION | $500 |
| 4KIDS OF SOUTH FLORIDA INC FORT LAUDERDALE, FL | GENERAL CONTRIBUTION | $2,000 |
| 716 SQUASH INC BUFFALO, NY | GENERAL CONTRIBUTION | $4,500 |
| 82 6NYC INC BROOKLYN, NY | GENERAL CONTRIBUTION | $53 |
| A E WRIGHT-MIDDLE SCHOOL PFC CALABASAS, CA | GENERAL CONTRIBUTION | $500 |
| A KID AGAIN TWINSBURG, OH | GENERAL CONTRIBUTION | $1,250 |
| A KID AGAIN INC COLUMBUS, OH | GENERAL CONTRIBUTION | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JARIAN KEREKES | CHAIRMAN & PRESIDENT & DIRECTOR | 40 | — |
| CANDACE SCAPPATOR | CONTROLLER | 2.5 | — |
| PETER TIAN | TREASURER (AS OF 05/2024) | 0.5 | — |
| JULIA YUN ZHANG | TREASURER (THRU OF 05/2024) | 0.5 | — |
| MARK PEARSON | DIRECTOR (THRU 04/2024) | 0.5 | — |
| JEFFREY HURD | DIRECTOR | 0.5 | — |
| STEVE JOENK | DIRECTOR (AS OF 04/2024) | 0.5 | — |
Recent News & Activity
Recent developments and announcements
Received a $1.2M Walmart Foundation grant to advance food equity initiatives
EFI Awarded $1.2M Walmart Foundation GrantAnnounced 2023 student scholarship winners
Equitable announces 2023 student scholarship winnersCongratulated 2024 Equitable Excellence Scholarship® recipients
Equitable Congratulates 2024 Equitable Excellence Scholarship\xAE RecipientsAnnounced recipients of the 2025 Equitable Excellence Scholarship®
Equitable Congratulates 2024 Equitable Excellence Scholarship\xAE RecipientsFrequently Asked Questions
What does Equitable Foundation Inc fund?
The foundation focuses on: • Educational scholarships and student support • Food equity and access initiatives
How do I apply for a grant from Equitable Foundation Inc?
**Recent Grant Activity:** • Awarded a $1.2M grant from the Walmart Foundation to support food equity work **Scholarship Programs:** The foundation administers the Equitable Excellence Scholarship®, an annual scholarship program recognizing and supporting recipients. The foundation announced scholarship recipients in 2023, 2024, and 2025.
What size grants does Equitable Foundation Inc award?
In 2024, Equitable Foundation Inc awarded 1,453 grants totaling $5.5M — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Equitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Equitable Foundation Inc reported a distributable amount of $5.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Equitable Foundation Inc's EIN?
Equitable Foundation Inc's EIN (Employer Identification Number) is 13-1340512. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Equitable Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Equitable Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Equitable Foundation Inc to a real strategy.