First Nonprofit Foundation is a private grantmaking foundation based in New York City, established in 2003. The organization operates as a 501(c)(3) entity and is classified as a private foundation under the National Taxonomy of Exempt Entities (NTEE).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-15.7% YoY
Annual Giving
$5.5M
+30.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$5.5M
+30.2% YoY
Mission & Focus Areas
The foundation's primary focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
Grant requests should be submitted via email to the foundation's contact address. The foundation has no stated restrictions on applications.
How to Apply
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $2,115,928
- Total Revenues: $5,034,362
- Total Expenses: $5,533,072
- Total Grants & Contributions: $5,010,500
- Investment Income: $23,862
As of Fiscal Year 2023:
- Total Assets: $2.51 million
- Total Revenues: $4.07 million
- Total Expenses: $4.25 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,115,928 | $2,509,325 | $2,571,192 |
| Revenue | $5,034,362 | $4,069,241 | $3,098,761 |
| Expenses | $5,533,072 | $4,249,594 | $2,060,142 |
| Qualifying Distributions | $5,529,472 | $4,246,265 | $1,958,178 |
| Net Investment Income | $20,262 | $65,912 | — |
| Distributable Amount | $113,615 | $99,567 | $109,152 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
87 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
- Adam Karkowsky — President & CEO
- Harry Schlachter — Treasurer/Secretary
- Barry D Zyskind — Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADAM KARKOWSKY | President & CEO | 0.5 | — |
| HARRY SCHLACHTER | treas/secy | 1.25 | — |
| BARRY D ZYSKIND | Trustee | 0.5 | — |
Contact Information
Address: 59 Maiden Lane, 43rd Floor, New York, NY 10038-4502
Phone: 646-458-7935
Website: www.firstnonprofit.org
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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