Herbert & Diane Bischoff Foundation

Private foundation · Grantmaker New York, NY EIN: 26-2515244

Herbert & Diane Bischoff Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 1 grant totaling $100K. Net investment income was $181K.

Key facts about Herbert & Diane Bischoff Foundation

In short: Herbert & Diane Bischoff Foundation gave $100K across 1 grant in 2024 (avg $100K), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.

EIN
26-2515244
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$100,000
Grants made (2024)
1
Average grant
$100,000
Median grant
$100,000
Total assets
$4,963,152
Primary geography
Pennsylvania (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.0M

+4.5% YoY

Annual Giving

$100K

+254.6% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$100K

+609.2% YoY

Under IRS private-foundation payout rules, Herbert & Diane Bischoff Foundation reported a distributable amount of $346K for 2024 — the minimum it must pay out in qualifying distributions.

How Herbert & Diane Bischoff Foundation gives

  • Giving fell 60% from 2021 to 2024. Method
  • In 2024 it paid out 35% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2024 grant dollars on its one itemized grant.

Cities

Garden City ParkPhiladelphiaBostonNew HavenWest Babylon

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M1 grant2021 3 grants2022 2 grants2023 1 grant2024

From 2021 to 2024, annual grant giving ranged from $28K (2023) to $1.5M (2022). In 2024 it made 1 grant totaling $100K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

University of Pennsylvania: $100KUniversity of Pennsylvania$100K

The largest 2024 recipient was University of Pennsylvania ($100K).

Grant Size Distribution

7 grants across all recorded years

4<$50K$50–100K1$100–250K1$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 4 grants of 7 (57%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Pennsylvania Philadelphia, PACancer Research$100,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2021 2022 2023 2024
Metric202420232022
Total Assets$4,963,152$4,749,604$4,608,119
Revenue$215,556$243,141$188,328
Expenses$158,688$114,361$1,613,561
Qualifying Distributions$121,924$46,901$1,547,711
Net Investment Income$181,238$177,345$123,152
Distributable Amount$345,587$342,787$418,288

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Herbert & Diane Bischoff Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Claire Bischoff

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Eric Bischoff

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Herbert & Diane Bischoff Foundation

How much does Herbert & Diane Bischoff Foundation give each year?

Herbert & Diane Bischoff Foundation gave $100K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $28K across 2 grants.

How large is Herbert & Diane Bischoff Foundation?

Herbert & Diane Bischoff Foundation reported $5.0M in total assets on its 2024 IRS Form 990-PF. It paid out $122K in qualifying distributions that year, against a required minimum of $346K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Herbert & Diane Bischoff Foundation operate?

Herbert & Diane Bischoff Foundation has awarded grants in Connecticut, Massachusetts, New York, Pennsylvania.

What is Herbert & Diane Bischoff Foundation's EIN?

Herbert & Diane Bischoff Foundation's EIN (Employer Identification Number) is 26-2515244. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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