Factset Charitable Foundation
The FactSet Charitable Foundation is a nonprofit, nonstock corporation and separate legal entity established by FactSet Research Systems Inc. in fiscal year 2022. Based in Norwalk, Connecticut, the Foundation provides financial support and expertise to nonprofit organizations implementing innovative programs that empower underserved students and advance educational opportunities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.8M
+144.4% YoY
Annual Giving
$2.2M
+42.0% YoY
Grant Count
52
+0.0% YoY
Avg Grant Size
$42K
+42.0% YoY
Mission & Focus Areas
The Foundation's primary mission is to foster opportunities for young people from underrepresented backgrounds pursuing education and employment in the technology and finance sectors. The Foundation seeks to support programs that provide transformative educational experiences for young people traditionally underrepresented in technology and finance, including those from lower-income communities and first-generation college students.
Primary funding priorities include:
- STEM programs and education — enhancing science, technology, engineering, and mathematics initiatives
- Empowering future leaders — programs that develop leadership capacity among underserved youth
- Youth education and pathways — programs creating pathways to and through college and into technology careers
- Core program efficiencies and expansion — operating support to strengthen and scale existing programs
- Environmental organizations
- General youth education
- Hunger alleviation initiatives — associated with FactSet's strategic employee volunteer program
- Global disaster relief efforts
The Foundation emphasizes support for programs benefiting communities near FactSet's headquarters location and other major FactSet office locations.
Grantmaking
Grant Range
** $1,000 to $300,000
Average Grant
of approximately $29,421 for operating support; median grant amount of $192,000
Grant Types
Ready to take the next step with Factset Charitable Foundation?
Geographic Focus
Where this funder awards grants
The Foundation focuses on programs benefiting the community near FactSet's headquarters location in Norwalk, Connecticut, and other major FactSet locations. Grant-making activity shows primary focus in New York, Massachusetts, and Connecticut.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending August 2024:
- Total Assets: $7,802,328
- Total Revenue: $7,072,197
- Total Giving: $2,205,617 to $2,212,417
- Total Expenses: $2,547,917
- Giving Rate: 40.2%
Revenue Growth: Total grants and contributions increased 100% from $3,500,000 (FY 2023) to $7,000,000 (FY 2024).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,802,328 | $3,192,548 | $1,252,736 |
| Revenue | $7,072,197 | $3,500,000 | $1,600,000 |
| Expenses | $2,547,917 | $1,810,188 | $347,264 |
| Qualifying Distributions | $2,212,417 | $1,560,188 | $347,264 |
| Net Investment Income | $72,197 | — | — |
| Distributable Amount | $219,909 | $129,927 | $58,174 |
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
122 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Laura Ruhe — President and Director
- Linda Huber — Chair (until July 2024)
- John Costigan — Director and Chair (as of July 2024)
- Jeffrey Gershowitz — Secretary
- Chai Suh — Treasurer
- Kendra Brown — Director
- Kristina Karnovsky — Director
- Donell Young — Director
- Victoria Revall — Tax Officer
- Lisa Hughes — Director (as of September 2023)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDA HUBER UNTIL 0724 | CHAIR | 5 | — |
| CHAI SUH | TREASURER | 2 | — |
| KENDRA BROWN | DIRECTOR | 1 | — |
| KRISTINA KARNOVSKY | DIRECTOR | 1 | — |
| JOHN COSTIGAN AS OF 0724 | DIRECTOR & CHAIR | 1 | — |
| DONELL YOUNG | DIRECTOR | 1 | — |
| LAURA RUHE | DIRECTOR | 1 | — |
| JEFFREY GERSHOWITZ | SECRETARY | 5 | — |
| VICTORIA REVALL | TAX OFFICER | 1 | — |
| LISA HUGHES | DIRECTOR (AS OF 09/23) | 1 | — |
| ANDREW BURTON | DIRECTOR (AS OF 09/23) | 1 | — |
| CLAUDINE DAVID | DIRECTOR (AS OF 02/24) | 1 | — |
| LISA GLEASON | CO-PRESIDENT (AS OF 09/23) | 20 | — |
| HANNAH ZUCKER | CO-PRESIDENT (AS OF 09/23) | 20 | — |
Recent News & Activity
Recent developments and announcements
The Foundation joined the Fairfield County Business Collaborative for Education Equity (BCEE) in October 2023 as a partner organization. BCEE is a local impact and funding collaborative working to reduce and eliminate educational disparities among Fairfield County's most vulnerable pre-K through 12+ students, parents, guardians, teachers, and staff.
FactSet Charitable Foundation Partners with UpReachThe Foundation announced a partnership with UpReach to support educational initiatives.
FactSet Charitable Foundation Partners with UpReachThe Foundation has engaged with the Young Banatao Learning Lab (YBLL) ideathon initiative, celebrating success in shaping the future of technology.
PhilDev Foundation and FactSet celebrate the success of the ...Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Christine E Moser Foundation
NEW BRITAIN, CT
Assets
$767K
Grants
7
Total Given
$36K
The Ravengate Foundation
OLD GREENWICH, CT
Assets
$1.2M
Grants
3
Total Given
$70K
Alderman Family Foundation
SALISBURY, CT
Assets
$33K
Grants
5
Total Given
$650
Calf Island Foundation
GREENWICH, CT
Assets
$172K
Grants
1
Total Given
$10K
Russel R Taylor Foundation
GREENWICH, CT
Assets
$2.6M
Grants
3
Total Given
$224K
Nancy a Larson Foundation Inc
OLD LYME, CT
Assets
$9K
Grants
8
Total Given
$12K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Factset Charitable 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