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
Under IRS private-foundation payout rules, First Nonprofit Foundation reported a distributable amount of $114K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include See Schedule ($5,524,074).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE SCHEDULE NEW YORK, NY | Unrestricted grant | $5,524,074 |
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
Frequently Asked Questions
What does First Nonprofit Foundation fund?
The foundation's primary focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from First Nonprofit Foundation?
**Grant Activity:** • Total giving reported at $5.5 million (2024) • Typical award range: $540 to $360,000 • The foundation accepts applications throughout the year and approves major grants on a rolling basis **Application Process:** Grant requests should be submitted via email to the foundation's contact address. The foundation has no stated restrictions on applications. **Staffing:** The foundation operates with limited staffing, relying on volunteer board members and minimal paid staff.
What size grants does First Nonprofit Foundation award?
In 2024, First Nonprofit Foundation awarded 1 grants totaling $5.5M — an average of about $5.5M per grant, based on its IRS Form 990 filings.
How much is First Nonprofit Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, First Nonprofit Foundation reported a distributable amount of $114K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is First Nonprofit Foundation's EIN?
First Nonprofit Foundation's EIN (Employer Identification Number) is 61-1452994. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in First Nonprofit Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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