IDC Foundation Inc

CENTERPORT, NY EIN: 47-2662220

IDC Foundation Inc is a nonprofit organization focused on Education, based in CENTERPORT, NY. IRS filing data is available from 2019 through 2024. In 2024, it awarded 5 grants totaling $500K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$500K

Grant Count

5

Avg Grant Size

$100K

About IDC Foundation Inc

Based on IRS filings

IDC Foundation Inc is a nonprofit organization focused on Education, based in CENTERPORT, NY. IRS filing data is available from 2019 through 2024. In 2024, it awarded 5 grants totaling $500K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BrooklynNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$812K$2M$2M$3M201920202021202220232024
Metric202420232022
Total Assets$27,823,166$27,063,530
Revenue$1,166,011$1,892,547
Expenses$2,039,817$1,449,551
Qualifying Distributions
Net Investment Income$1,166,011$1,892,547
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$125K$250K$375K$500K0 grants20190 grants20200 grants20210 grants20220 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

NY Institue of Technology$100KCooper Union$100KNew York University$100KPratt Institute$100KColumbia University$100K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Raymond SavinoPresident/Treas
Frank FortinoVP/Secretary
Elizabeth BattistaDirector
Carol LoewensonDirector

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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