Iris & Saul Katz Family Foundation Inc
The Iris & Saul Katz Family Foundation Inc is a private family foundation established in May 1983, based in Great Neck, New York. The foundation operates as a philanthropic vehicle for Saul B. Katz, a prominent real estate developer and co-founder of Sterling Equities, and his wife Iris J. Katz. The foundation makes grants to charitable organizations across multiple focus areas, with particular emphasis on healthcare, education, human services, and religion.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.5M
-5.9% YoY
Annual Giving
$2.9M
-0.0% YoY
Grant Count
47
+4.4% YoY
Avg Grant Size
$63K
-4.3% YoY
Mission & Focus Areas
The foundation's philanthropic work reflects the personal interests and values of its founders. Iris Katz is known for her hands-on approach to philanthropy, actively supporting programs focused on:
- Hunger and nutrition
- Services for senior citizens
- Assistance for homeless individuals
- Women's health
- Healthcare causes broadly
- Education
- Human services
- Religion, particularly Judaism
A defining hallmark of the Katz family's philanthropic legacy is the establishment of the Katz Institute for Women's Health at Northwell Health in 2008. Rather than a single facility, the Institute represents a comprehensive approach to women's healthcare that connects patients to specialized clinicians and scientists across all areas of women's health. The Katz family's support also led to the creation of the Katz Women's Hospitals at both North Shore University Hospital and Long Island Jewish Medical Center.
Grantmaking
The foundation invites charitable organizations to apply for funds based on their purposes and the uses of requested funds. Applicants are encouraged to submit detailed cover letters responding to the foundation's priorities. Applications are accepted at any time, with no formal deadline.
Grant Range
$50 to $2,495,845
Review Cycle
.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in the New York and Long Island area, with additional giving in Florida, Illinois, Arizona, New Jersey, and Rhode Island.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $22.5 million
- Total Annual Giving: $2.9 million
- Total Revenues: $729,666
- Total Expenses: $2.95 million
- Investment Income: Comprises 85.8% of annual revenue
The foundation operates primarily from investment income and dividends rather than new contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,485,607 | $23,892,665 | $25,553,254 |
| Revenue | $729,666 | $753,410 | $24,932,981 |
| Expenses | $2,953,059 | $3,273,894 | $3,049,609 |
| Qualifying Distributions | $2,941,690 | $2,942,980 | $3,028,406 |
| Net Investment Income | $709,981 | $415,393 | $21,384,118 |
| Distributable Amount | $1,158,901 | $1,205,984 | $51,781 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
204 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
- Saul B. Katz — President and Director (serves without compensation)
- Iris J. Katz — Director and Treasurer (serves without compensation)
- David M. Katz — Director (serves without compensation)
The foundation operates with limited staffing, relying on board members who volunteer their time.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Saul B Katz | Pres/Director | — | — |
| Iris J Katz | Director/Treasurer | — | — |
| David M Katz | Director | — | — |
Recent News & Activity
Recent developments and announcements
The Katz family's philanthropic work continues to focus on advancing women's health through the Katz Institute for Women's Health at Northwell Health. In 2009, Iris and Saul Katz articulated their goal to "create a state-of-the-art medical system that recognizes and appreciates" the unique healthcare needs of women. Their vision has evolved into a network of highly specialized clinicians and scientists providing customized care for women throughout their lives.
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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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