Iris Foundation
Iris Foundation is a private foundation based in New York, New York, with EIN 13-6977690. Its 2025 filing reports four grants totaling $9,041,545, including support for Bard College and New York cultural institutions.
Iris Foundation at a glance
In short: Iris Foundation gave $9.0M across 4 grants in 2025 (avg $2.3M), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $9,041,545
- -15.5% vs 2024
- Grants made (2025)
- 4
- +0.0% vs 2024
- Average grant
- $2,260,386
- -15.5% vs 2024
- Median grant
- $72,593
- Total assets
- $102,408,227
- +13.9% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Iris Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 18 West 86Th Street, New York, NY 10024
Phone: (212) 501-3034
Website: https://irisfoundation.org.au
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Iris Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Bard College EIN 14-17130334 ($8.9M). Together the top 4 received $9.0M.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 14 grants of 23 (61%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in New York.
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Iris Foundation gives
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 168% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $9.0M (2025) to $12.0M (2021). In 2025 it made 4 grants totaling $9.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bard College EIN 14-17130334 Annandale on Hudson, NY | Ongoing Activities | $8,893,360 |
| The Metropolitan Museum of Art EIN 13-1624086 New York, NY | Unrestricted Gift for Donee's Exempt Purpose | $140,185 |
| Royal Oak Foundation Inc EIN 23-7349380 New York, NY | Unrestricted Gift for Donee's Exempt Purpose | $5,000 |
| Frick Collection EIN 13-1624012 New York, NY | Unrestricted Gift for Donee's Exempt Purpose | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $102,408,227 | $8,705,816 | $12,300,276 | $9,041,545 | 4 | $9,113,056 | $6,632,587 | $5,429,162 |
| 2024 | $89,905,904 | $14,701,926 | $13,821,136 | $10,693,927 | 4 | $10,705,389 | $13,887,387 | $5,333,976 |
| 2023 | $89,025,142 | $15,384,980 | $14,894,759 | $11,808,317 | 7 | $11,823,657 | $14,566,616 | $5,698,230 |
| 2022 | $81,534,921 | $12,772,064 | $12,795,790 | $10,063,088 | 4 | $10,073,617 | $12,044,433 | $6,398,234 |
| 2021 | $81,558,647 | $11,393,146 | $14,944,573 | $12,000,541 | 4 | — | $10,688,238 | $6,339,194 |
Under IRS private-foundation payout rules, Iris Foundation reported a distributable amount of $5.4M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In filing year 2025, the foundation made 4 grants totaling $9,041,545. Grants ranged from $3,000 to $8,893,360, with a median grant of $72,592. Its largest reported grant was $8,893,360 to Bard College for “ongoing activities.” Other reported grants were $140,185 to The Metropolitan Museum of Art as an unrestricted gift for the recipient’s exempt purpose, $5,000 to Royal Oak Foundation Inc. for the same stated purpose, and $3,000 to Frick Collection for that purpose.
The 2025 filing shows all grant dollars went to recipients in New York.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Susan Weber, George Soros Co-Chair, and William D. Zabel as trustees.
Iris Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Susan Weber
Trustee
On filings since 2021
No compensation reported
William D. Zabel
Trustee
On filings since 2021
No compensation reported
George Soros Co-Chair
Trustee
On filings since 2024
No compensation reported
Former officers (1)
- Former: George Soros - Co Chair (2021–2023) — Trustee
Data from IRS Form 990 filings, 2021–2025. "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 Iris Foundation
How much does Iris Foundation give each year?
Iris Foundation gave $9.0M across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10.7M across 4 grants.
What is Iris Foundation's typical grant size?
Iris Foundation's median grant in 2025 was $72,593, and its average grant was $2,260,386, across 4 grants on its 2025 IRS Form 990-PF.
Where does Iris Foundation give grants?
Iris Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (3 grants).
Does Iris Foundation give general operating support?
Yes: 75% of Iris Foundation's 2025 grants with a stated purpose (3 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Iris Foundation?
Iris Foundation reported $102.4M in total assets on its 2025 IRS Form 990-PF. It paid out $9.1M in qualifying distributions that year, against a required minimum of $5.4M (roughly 5% of its investment assets).
How do I apply for a grant from Iris Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Iris Foundation's EIN?
Iris Foundation's EIN (Employer Identification Number) is 13-6977690. IRS Form 990 filing data is available on this page for 2021–2025.
Does Iris Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 6, 2026)
- IRS filings on file for fiscal years 2021–2024
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