Jay and Kelly Sugarman Foundation

NEW YORK, NY EIN: 20-0911399

Jay and Kelly Sugarman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 13 grants totaling $331K. Net investment income was $121K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10K

-70.1% YoY

Annual Giving

$331K

+27.9% YoY

Grant Count

+8.3% YoY

Avg Grant Size

$25K

+18.0% YoY

Under IRS private-foundation payout rules, Jay and Kelly Sugarman Foundation reported a distributable amount of $220K for 2024 — the minimum it must pay out in qualifying distributions.

About Jay and Kelly Sugarman Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $813K (62%)

California $150K (12%)

Ohio $127K (10%)

New Jersey $110K (8%)

Pennsylvania $75K (6%)

District of Columbia $25K (2%)

Arizona $5K (0%)

North Carolina $1K (0%)

States

Arizona California District of Columbia North Carolina New Jersey New York Ohio Pennsylvania

Cities

AlexandriaBronxBrooklynChesterCincinnatiHigh PointMountain ViewNew YorkPrincetonSag HarborSan ClementeSan FranciscoSee AttachedSouthamptonTucsonWashingtonWatermill

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$10,454	$34,912	$8,174
Revenue	$306,156	$2,629,321	$3,085,026
Expenses	$330,614	$258,583	$325,485
Qualifying Distributions	$330,549	$258,500	$325,438
Net Investment Income	$121,338	$25,797	$14,679
Distributable Amount	$220,128	$145,267	$38,957

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

44 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Princeton University ($110,000), Southampton Playhouse Inc ($50,000), Scripps Spelling Bee ($37,563).

Recipient	Purpose	Amount
First Church of Christ Scientist New York, NY	To promote the teaching of Christian science.	$36,000
Philadelphia Union Foundation Chester, PA	To promote positive change in underserved communities through the power of soccer.	$14,063
Elephant Club San Clemente, CA	To raise awareness of the African Elephant crisis.	$25,000
Columbia University New York, NY	To educate those who attend through a broad range of innovative multidisciplinary programs.	$25,000
Hamptons Art Camp Sag Harbor, NY	To help the under privileged residents of the Hamptons through home repair, hunger and crisis intervention.	$10,290
Watermill Center Watermill, NY	To provide the community with a space to create and inpire through the arts.	$3,068
Scripps Spelling Bee CINCINNATI, OH	Inspiring the exploration of words to illuminate pathways of lifelong curiosity, celebrates academic achievement and enriches communities.	$37,563
Park Avenue Armory New York New York, NY	To provide the people of new york city with a large center for performing and visual arts.	$2,500
South Bronx United Bronx, NY	Uses soccer as a tool for social change, helping the youth build character, teamwork, and leadership skills.	$1,065
High Point University High Point, NC	To give students the tools to live of life of service and understanding.	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JAY SUGARMAN	PRESIDENT/TREASURER	1	—
KELLY SUGARMAN	VICE PRESIDENT	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Jay and Kelly Sugarman Foundation?

Jay and Kelly Sugarman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $10K in total assets as of 2024.

How large is Jay and Kelly Sugarman Foundation?

As of 2024, Jay and Kelly Sugarman Foundation holds $10K in total assets with $306K in annual revenue. It awarded 13 grants totaling $331K in 2024.

Where does Jay and Kelly Sugarman Foundation operate?

Jay and Kelly Sugarman Foundation has awarded grants in Arizona, California, District of Columbia, North Carolina, New Jersey, New York, Ohio, Pennsylvania.

What size grants does Jay and Kelly Sugarman Foundation award?

In 2024, Jay and Kelly Sugarman Foundation awarded 13 grants totaling $331K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Jay and Kelly Sugarman Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jay and Kelly Sugarman Foundation reported a distributable amount of $220K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jay and Kelly Sugarman Foundation's EIN?

Jay and Kelly Sugarman Foundation's EIN (Employer Identification Number) is 20-0911399. IRS Form 990 filing data is available on this page for 2020–2024.