First Republic Foundation
First Republic Foundation is a private foundation based in San Francisco, California. The foundation was established by First Republic Bank to expand its charitable giving initiatives.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$866K
-89.8% YoY
Grant Count
8
-93.5% YoY
Avg Grant Size
$108K
+58.1% YoY
Under IRS private-foundation payout rules, First Republic Foundation reported a distributable amount of $25K for 2023 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation primarily supports organizations in California, New York, and Maryland.
Grantmaking
Grant Range
s:** Typical awards range from $5,000 to $2,500,000.
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Geographic Focus
Where this funder awards grants
Primary funding regions include:
- California
- New York
- Maryland
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023 IRS Filing:
- Total Assets: $0
- Total Giving: $865,832
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $910,525 | $292,900 |
| Revenue | $30 | $9,309,483 | $6,702,900 |
| Expenses | $910,555 | $8,691,858 | $6,410,000 |
| Qualifying Distributions | $865,832 | $8,671,628 | $6,410,000 |
| Net Investment Income | — | — | $2,900 |
| Distributable Amount | $25,421 | $143,905 | $11,183 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2023
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Chelsea Factory ($250,000), Tipping Point Community ($221,504), Enterprise Community Development Inc ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHELSEA FACTORY NEW YORK, NY | ARTS | $250,000 |
| ENTERPRISE COMMUNITY DEVELOPMENT INC COLUMBIA, MD | AFFORDABLE HOUSING | $150,000 |
| EDEN HOUSING INC HAYWARD, CA | AFFORDABLE HOUSING | $110,914 |
| THE BOTTOM LINE INC BOSTON, MA | EDUCATION | $110,914 |
| TIPPING POINT COMMUNITY SAN FRANCISCO, CA | AFFORDABLE HOUSING | $221,504 |
| MARINES MEMORIAL FUND SAN FRANCISCO, CA | AFFORDABLE HOUSING | $5,000 |
| SESAME WORKSHOP NEW YORK, NY | ARTS & CULTURE | $10,000 |
| SIMA STUDIOS W HOLLYWOOD, CA | ARTS & CULTURE | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MAY CHAN | TREASURER | 1 | — |
| SETH GROSSMAN | SECRETARY | 1 | — |
| ELSA CHIN | DIRECTOR | 1 | — |
| ROMA KAUNDAL | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does First Republic Foundation fund?
The foundation's grant-making focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation primarily supports organizations in California, New York, and Maryland.
How do I apply for a grant from First Republic Foundation?
**Grant Sizes:** Typical awards range from $5,000 to $2,500,000. **Recent Activity:** According to the most recent IRS Form 990 filing for 2023, the foundation distributed $865,832 in total giving. **Status:** The organization has filed a final return as of 2023.
Where does First Republic Foundation make grants?
Primary funding regions include: • California • New York • Maryland
What size grants does First Republic Foundation award?
In 2023, First Republic Foundation awarded 8 grants totaling $866K — an average of about $108K per grant, based on its IRS Form 990 filings.
How much is First Republic Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, First Republic Foundation reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is First Republic Foundation's EIN?
First Republic Foundation's EIN (Employer Identification Number) is 86-2647297. IRS Form 990 filing data is available on this page for 2021–2023.
Explore Open Grants
Browse active grant opportunities in First Republic 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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