Factset Charitable Foundation
The FactSet Charitable Foundation is a private foundation based in Norwalk, Connecticut. Established by FactSet as a separate legal entity, it provides financial support and expertise to nonprofits working to expand educational opportunities for underserved young people and create pathways to college and careers in technology and finance.
Factset Charitable Foundation at a glance
In short: Factset Charitable Foundation gave $3.2M across 54 grants in 2025 (avg $59K), top state New York. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,207,489
- +45.4% vs 2024
- Grants made (2025)
- 54
- +3.8% vs 2024
- Average grant
- $59,398
- +40.0% vs 2024
- Median grant
- $12,500
- Total assets
- $4,977,711
- -36.2% vs 2024
- New grantees (estimate)
- 13% first-time grantees (7 of 54, 2025)
- Primary geography
- New York (31% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Factset Charitable Foundation
- Accepts unsolicited proposals
- No
- Invitation Only
-
The Foundation does not accept unsolicited requests. It makes contributions only to preselected charitable organizations; its website says requests are by invitation only and proposals are initiated by professional staff.
- Contact
Mailing address: 45 Glover Avenue, Norwalk, CT 06850
Phone: (203) 810-1000
Website: https://factset.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Factset Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was America on Tech Inc ($410K). Together the top 10 received $2.2M.
Grant Size Distribution
180 grants across all recorded years
The most common grant size was under $50K: 140 grants of 180 (78%).
Geographic Focus
Where this funder awards grants
The Foundation says it focuses on programs benefiting communities near FactSet’s headquarters and some other major FactSet locations. Its 2025 grant dollars went to recipients in New York (31%), California (11%), Massachusetts (9%), and Washington, DC (9%); a further 22% is listed with the state unspecified. The grants included support for organizations in New York, Massachusetts, Connecticut, Washington, DC, and California, as well as grantees whose locations are not listed.
Grant Distribution by State
Share of 2025 grant dollars across all 54 itemized grants.
States
Cities
Is Factset Charitable Foundation open to new grantees?
13%
first-time grantees, 2025
In 2025, 7 of 54 grantees (13%) were first-time recipients. First grants averaged $116K; repeat grants $51K. How we count
Medians: $132K first-time, $10K repeat.
- 83% of 2025 grantees were also funded in 2024. Method
- Giving grew 924% from 2022 to 2025. Method
- In 2025 it paid out 950% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $313K (2022) to $3.2M (2025). In 2025 it made 54 grants totaling $3.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| America on Tech Inc New York, NY | Operating Support | $410,000 |
| Upreach Charitable Company | Operating Support | $255,000 |
| Sponsors for Educational Opportunity New York, NY | Operating Support | $250,000 |
| The Bottom Line Inc Jamaica Plain, MA | Operating Support | $250,000 |
| The Girls Are Investors | Operating Support | $249,682 |
| Future 5 Stamford, CT | Operating Support | $180,000 |
| Girls Who Invest Inc New York, NY | Operating Support | $175,000 |
| Generation You Employed Inc Washington, DC | Operating Support | $155,000 |
| Technovation Menlo Park, CA | Operating Support | $150,000 |
| Philippine Development Foundation DBA Phildev Palo Alto, CA | Operating Support | $132,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,977,711 | $749,801 | $3,256,918 | $3,207,489 | 54 | $3,238,818 | $249,701 | $340,791 |
| 2024 | $7,802,328 | $7,072,197 | $2,547,917 | $2,205,617 | 52 | $2,212,417 | $72,197 | $219,909 |
| 2023 | $3,192,548 | $3,500,000 | $1,810,188 | $1,553,525 | 52 | $1,560,188 | — | $129,927 |
| 2022 | $1,252,736 | $1,600,000 | $347,264 | $313,183 | 22 | $347,264 | — | $58,174 |
Under IRS private-foundation payout rules, Factset Charitable Foundation reported a distributable amount of $341K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s primary focus is supporting innovative programs that help underserved students gain educational support and enrichment and pursue pathways to and through college and into technology careers. It highlights young people traditionally underrepresented in technology and finance, including students from lower-income communities and first-generation college students. Other stated priorities are environmental organizations, general youth education, hunger alleviation initiatives associated with FactSet’s employee volunteer program, and global disaster relief.
Its 2025 grantees illustrate support for organizations with education and career pathways missions. For example, America On Tech says it prepares technology leaders from underestimated communities by helping students obtain technology degrees and careers. The Bottom Line says it supports first-generation students from low-income backgrounds through college access and completion. Future 5 says it connects under-resourced Stamford students with resources for their educational, career, and life goals. Other grantees include Girls Who Invest, which says it works to transform the investment management industry, and Technovation, which says it empowers girls and families to develop technology and engineering solutions.
Grantmaking
In filing year 2025, the Foundation reported 54 grants totaling $3,207,489. Grant amounts ranged from $1,500 to $410,000, with a median of $12,500. All listed largest grants were for operating support. Among them were $410,000 to America On Tech, $255,000 to upReach Charitable Company, $250,000 each to Sponsors for Educational Opportunity and The Bottom Line, $249,682 to The Girls Are Investors, and $180,000 to Future 5.
The Foundation’s website describes a three-year grant to America On Tech supporting expansion of its Tech Flex Leaders and Alumni Technology Skills Fellowship programs, and a three-year grant to UK charity upReach supporting students’ education-to-career journeys. The Foundation states that grants are made on the condition that recipient charities do not discriminate by race, creed, gender, gender identity, sexual orientation, age, religion, or national origin.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists John Costigan as director and chair; Chai Suh as treasurer (end 11/24); Jeffrey Gershowitz as secretary (end 11/24); Victoria Revall as tax officer; and Kendra Brown, Kristina Karnovsky, Donell Young, Laura Ruhe, Lisa Hughes, and Andrew Burton as directors. Andrew Burton’s listing notes an end date of 12/24.
Factset Charitable Foundation is led by Hannah Zucker, Co-President on every filing since 2024; none of the 16 officers listed in 2025 report compensation.
Officers on the 2025 filing
Hannah Zucker
Co-President
On filings since 2024
20 hrs/week
No compensation reported
Lisa Gleason
Co-President
On filings since 2024
20 hrs/week
No compensation reported
John Costigan
Director & Chair
Director → Director & Chair, 2024
On filings since 2022
2 hrs/week
No compensation reported
Donell Young
Director
On filings since 2022
1 hr/week
No compensation reported
Kendra Brown
Director
On filings since 2022
1 hr/week
No compensation reported
Kristina Karnovsky
Director
On filings since 2022
1 hr/week
No compensation reported
Andrew Burton
Director
On filings since 2024
1 hr/week
No compensation reported
Claudine David
Director
On filings since 2024
1 hr/week
No compensation reported
Lisa Hughes
Director
On filings since 2024
1 hr/week
No compensation reported
Carl Cedstrand
Director
New on the 2025 filing
1 hr/week
No compensation reported
Kate Stepp
Director
New on the 2025 filing
1 hr/week
No compensation reported
Chai Suh
Treasurer
Treasurer & Director → Treasurer, 2024
On filings since 2022
2 hrs/week
No compensation reported
Jeffrey Gershowitz
Secretary
Secretary & Officer → Secretary, 2023
On filings since 2022
5 hrs/week
No compensation reported
Victoria Revall
Tax Officer
Officer → Tax Officer, 2024
On filings since 2023
1 hr/week
No compensation reported
Scott Kapusta
Officer
New on the 2025 filing
2 hrs/week
No compensation reported
Winnefred Lewis
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: Laura Ruhe (2022–2025) — Director · Filing note: Until 082023
- Former: Linda Huber (2022–2024) — Chair · Filing note: Until 7/2024
- Former: Mark Dell'isola (2022–2023) — Officer · Filing note: Until 082023
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Factset Charitable Foundation
How much does Factset Charitable Foundation give each year?
Factset Charitable Foundation gave $3.2M across 54 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.2M across 52 grants.
What is Factset Charitable Foundation's typical grant size?
Factset Charitable Foundation's median grant in 2025 was $12,500, and its average grant was $59,398, across 54 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Factset Charitable Foundation that year got $116K on average.
Where does Factset Charitable Foundation give grants?
Factset Charitable Foundation's top state is New York, with 31% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (11%) and Massachusetts (9%). The most frequent recipient cities were New York, NY (7 grants), Chicago, IL (5 grants), Boston, MA (5 grants) and Washington, DC (3 grants).
Does Factset Charitable Foundation give general operating support?
Yes: 100% of Factset Charitable Foundation's 2025 grants with a stated purpose (54 of 54) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Factset Charitable Foundation's largest grantees?
Factset Charitable Foundation's largest 2025 grantees include America on Tech Inc ($410,000), Upreach Charitable Company ($255,000) and Sponsors for Educational Opportunity ($250,000), according to its 2025 IRS Form 990-PF. Together they received 29% of its itemized 2025 grant dollars.
How large is Factset Charitable Foundation?
Factset Charitable Foundation reported $5.0M in total assets on its 2025 IRS Form 990-PF. It paid out $3.2M in qualifying distributions that year, against a required minimum of $341K (roughly 5% of its investment assets).
What does Factset Charitable Foundation fund?
The Foundation’s primary focus is supporting innovative programs that help underserved students gain educational support and enrichment and pursue pathways to and through college and into technology careers. See mission & focus areas ↑
How do I apply for a grant from Factset Charitable Foundation?
The Foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Factset Charitable Foundation's EIN?
Factset Charitable Foundation's EIN (Employer Identification Number) is 87-3645269. IRS Form 990 filing data is available on this page for 2022–2025.
Does Factset Charitable Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 25, 2026)
- IRS filings on file for fiscal years 2022–2024
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Cite this profile
Grantable. (2026). Factset Charitable Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/factset-charitable-foundation-morg_58276a2d28234cdc993a4f395ff3282f
BibTeX
@misc{grantable_873645269_2026,
author = {{Grantable}},
title = {{Factset Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/factset-charitable-foundation-morg_58276a2d28234cdc993a4f395ff3282f},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Factset Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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