The Ernst & Young Foundation is a 501(c)(3) public charity based in New York City at 1 Manhattan West, 401 9th Ave, New York, NY 10001. Founded in 1937 through the merger of the Arthur Young Foundation and Ernst & Whinney Foundation, the organization operates as a grantmaking foundation with a focus on education and professional development. The foundation has been tax-exempt since March 1959.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$43.3M
+3.8% YoY
Annual Giving
$16.8M
-6.5% YoY
Grant Count
631
-5.4% YoY
Avg Grant Size
$27K
-1.2% YoY
Mission & Focus Areas
The Ernst & Young Foundation's mission is to stimulate and support excellence in education, with a particular focus on higher education and preparation for professional service careers in business. The foundation encourages leadership, excellence, continuous improvement, and innovation in education quality, diversity, and accountability within educational institutions. The foundation may also provide philanthropic services related to disaster relief and other charitable causes.
Primary funding areas include:
- Higher education and professional service career preparation
- Tax research, accounting, and auditing education
- Faculty development and research
- Student scholarships and financial aid
- Social justice initiatives
- Disaster relief
Grantmaking
Grant Range
$40,000 to $10.4 million depending on program
Ready to take the next step with Ernst & Young Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grant-making focuses primarily on the United States, with particular emphasis on New York, California, and Texas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Financial Overview (FY 2024):
- Total assets: $43,270,941
- Total annual giving: $21,128,253
- Revenue (FY 2023): $19.8 million
- Expenses (FY 2023): $22.1 million
- Total assets (FY 2023): $41.7 million
- Total liabilities (FY 2023): $3.64 million
Financial Rating: The foundation holds a 4-star rating (95% score) from Charity Navigator, demonstrating strong financial health and accountability.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $43,270,941 | $41,679,326 | $43,540,853 |
| Revenue | $23,237,263 | $19,837,625 | $27,948,303 |
| Expenses | $21,879,953 | $22,074,233 | $21,909,835 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,006,926 | $1,531,344 | $667,306 |
| Distributable Amount | — | — | — |
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 Fidelity Charitable ($302,281), Auburn University Foundation ($110,000), Faith Lutheran Church ($58,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABILIS INC GREENWICH, CT | DONOR ADVISED FUND | $20,000 |
| ACKERMAN INSTITUTE FOR THE FAMILY NEW YORK, NY | DONOR ADVISED FUND | $10,000 |
| ALL STARS PROJECT INC NEW YORK, NY | DONOR ADVISED FUND | $15,000 |
| AMERICAN COLLEGE OF THE MEDITERRANEAN SAN DIEGO, CA | DONOR ADVISED FUND | $10,000 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM NEW YORK, NY | DONOR ADVISED FUND | $6,750 |
| AMERICAN RED CROSS WASHINGTON, DC | DONOR ADVISED FUND | $9,750 |
| ANNUNCIATION CATHOLIC CHURCH HOUSTON, TX | DONOR ADVISED FUND | $24,000 |
| ASCENSION CATHOLIC CHURCH CHESTERFIELD, MO | DONOR ADVISED FUND | $28,000 |
| ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY TEMPE, AZ | DONOR ADVISED FUND | $5,500 |
| AUBURN UNIVERSITY FOUNDATION AUBURN, AL | DONOR ADVISED FUND | $110,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER D LEASE | DIRECTOR | 1 | — |
| DEBI HEISKALA | DIRECTOR | 1 | — |
| DERRICK STEELE | DIRECTOR | 1 | — |
| GINNIE CARLIER | PRESIDENT | 1 | — |
| SANDRA OLIVER | TREASURER | 1 | — |
| REGENIA SANDERS | DIRECTOR | 1 | — |
| MICHAEL S SOLENDER | DIRECTOR-RETIRED IN FY '24 | 1 | — |
| ELLEN J GLAZERMAN | EXECUTIVE DIRECTOR | 5 | — |
Recent News & Activity
Recent developments and announcements
The EY Foundation launched an Intern Scholarship Fund to support EY interns pursuing business education
EY Foundation launches Intern Scholarship FundThe EY College MAP program reached record numbers of graduates, awarding close to half a million dollars in scholarships and expanding to four new cities
EY College MAP program reaches record number of graduates in 2015, awardsThe foundation distributed $2.6 million through the EY Disaster Relief Fund in FY24 for employee and community disaster relief
The EY Social Justice Fund distributed $1.4 million in FY24
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Ernst & Young Foundation fund?
The Ernst & Young Foundation's mission is to stimulate and support excellence in education, with a particular focus on higher education and preparation for professional service careers in business. The foundation encourages leadership, excellence, continuous improvement, and innovation in education quality, diversity, and accountability within educational institutions. The foundation may also provide philanthropic services related to disaster relief and other charitable causes. Primary funding …
How do I apply for a grant from Ernst & Young Foundation?
**Grant Amounts & Distribution:** • Total annual giving: $21.1 million (FY 2024) • Total assets: $43.3 million • Grant range: $40,000 to $10.4 million depending on program • Typical awards: $5,025 to $1,195,735 **Grant Programs:** • **Tax Research Grants and Faculty Fellowships:** Approximately $40,000 annually for outstanding faculty in tax research, accounting, and auditing • **EY Career Path Accelerator Financial Aid:** $300,000 in FY24 for EY interns pursuing business education • **College …
Where does Ernst & Young Foundation make grants?
The foundation's grant-making focuses primarily on the United States, with particular emphasis on New York, California, and Texas.
What size grants does Ernst & Young Foundation award?
In 2024, Ernst & Young Foundation awarded 631 grants totaling $16.8M — an average of about $27K per grant, based on its IRS Form 990 filings.
What is Ernst & Young Foundation's EIN?
Ernst & Young Foundation's EIN (Employer Identification Number) is 13-6094489. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ernst & Young Foundation'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 Ernst & Young Foundation 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 Ernst & Young Foundation to a real strategy.