Jill and Mark Rachesky Charitable
The Jill and Mark Rachesky Charitable Foundation is a private independent foundation established in 2001 in New York and granted tax-exempt status in March 2002. Based in New York City at 40 W 57th Street, Floor 24, the foundation is supported by donations of cash and securities from the Rachesky family. It operates as a trust with zero employees and maintains an unconditional exemption status.
Key facts about Jill and Mark Rachesky Charitable
- EIN
- 13-7313091
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $445,000
- Grants made (2024)
- 12
- Average grant
- $37,083
- Median grant
- $12,000
- New grantees (estimate)
- 8% first-time grantees (1 of 12, 2024)
- Total assets
- $8,987,538
- Primary geography
- Ohio (56% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Jill and Mark Rachesky Charitable funds
By grant dollars, the top recipient states for Jill and Mark Rachesky Charitable's 12 itemized 2024 grants were Ohio (56%), New York (31%) and Michigan (11%). The most frequent recipient cities were New York, NY (7 grants) and West Palm Beach, FL (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Jill and Mark Rachesky Charitable open to new grantees?
8%
first-time grantees, 2024
In 2024, 1 of 12 grantees (8%) were first-time recipients. First grants averaged $250K; repeat grants $18K. How we count
Medians: $250K first-time, $6K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving grew 198% from 2021 to 2024. Method
- In 2024 it paid out 102% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Jill and Mark Rachesky Charitable
- How to evaluate Jill and Mark Rachesky Charitable as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.0M
+1.1% YoY
Annual Giving
$445K
+80.5% YoY
Grant Count
12
-33.3% YoY
Avg Grant Size
$37K
+170.7% YoY
Under IRS private-foundation payout rules, Jill and Mark Rachesky Charitable reported a distributable amount of $438K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports diverse initiatives across multiple subject areas including:
- Arts and culture
- Performing arts and theater
- Education and higher education
- Health, in-patient medical care, and hospital care
- Diseases and conditions
- Religion and Judaism
- Human services
- Philanthropy and nonprofits
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
of $6,000
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Geographic Focus
Where this funder awards grants
The foundation supports projects across multiple U.S. locations including:
- California (San Diego, Woodside)
- Connecticut (Hartford)
- Florida (Palm Beach, West Palm Beach)
- Massachusetts (Natick)
- Michigan (Ann Arbor)
- New York (New York, Bridgehampton, New Paltz, Pleasantville, Remsenburg-Speonk, Southampton)
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $8,987,538
- Total Revenue: $355,918
- Total Expenses: $457,265
- Total Liabilities: $0
As of 2023:
- Total Assets: $8.9 million
- Total Giving: $246,100
- Giving Rate: 2.8% of assets
Historical Data (2022):
- Total Assets: $8.9 million
- Total Giving: $745,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,987,538 | $8,888,885 | $8,864,936 |
| Revenue | $355,918 | $428,089 | $140,514 |
| Expenses | $457,265 | $248,954 | $846,206 |
| Qualifying Distributions | $445,007 | $246,951 | $745,544 |
| Net Investment Income | $343,660 | $426,086 | $140,469 |
| Distributable Amount | $438,015 | $431,189 | $449,700 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include MHR Donation Fund ($250,000), Mount Sinai Children's Center Foundation ($50,000), University of Michigan ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MHR DONATION FUND Cincinnati, OH | GENERAL CHARITABLE PURPOSES | $250,000 |
| MOUNT SINAI CHILDREN'S CENTER FOUNDATION New York, NY | GENERAL CHARITABLE PURPOSES | $50,000 |
| UNIVERSITY OF MICHIGAN Ann Arbor, MI | GENERAL CHARITABLE PURPOSES | $50,000 |
| THE JEWISH BOARD New York, NY | GENERAL CHARITABLE PURPOSES | $30,000 |
| MOUNT SINAI MEDICAL CENTER FUND New York, NY | GENERAL CHARITABLE PURPOSES | $25,000 |
| CENTRAL SYNAGOGUE New York, NY | GENERAL CHARITABLE PURPOSES | $18,000 |
| JEWISH FEDERATION OF PALM BEACH COUNTY West Palm Beach, FL | GENERAL CHARITABLE PURPOSES | $6,000 |
| DYSAUTONOMIA FOUNDATION New York, NY | GENERAL CHARITABLE PURPOSES | $5,000 |
| SH BATH & TENNIS CLUB CHARITABLE FOUNDATION Southampton, NY | GENERAL CHARITABLE PURPOSES | $4,500 |
| CROHNS & COLITIS FOUNDATION New York, NY | GENERAL CHARITABLE PURPOSES | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees:
- Jill Rachesky
- Mark H. Rachesky
Both trustees serve without compensation.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jill Rachesky | Trustee | — | — |
| Mark H Rachesky | Trustee | — | — |
Recent News & Activity
Recent developments and announcements
The foundation continues active grantmaking, with recent distributions in 2024 supporting organizations focused on children's health, family services, and religious institutions.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Jill and Mark Rachesky Charitable fund?
The foundation supports diverse initiatives across multiple subject areas including: • Arts and culture • Performing arts and theater • Education and higher education • Health, in-patient medical care, and hospital care • Diseases and conditions • Religion and Judaism • Human services • Philanthropy and nonprofits
How do I apply for a grant from Jill and Mark Rachesky Charitable?
**Grant Activity:** • Made 18 grants in 2024 • Made 17 grants in 2023 with a median grant size of $6,000 • Made 26 grants in 2022 with a median grant size of $6,000 • Grant range: $1,000 to $55,000 **Recent Grantees (2024):** • Mount Sinai Children's Center Foundation: $50,000 • Jewish Board of Family and Children's Services: $30,000 • Central Synagogue: $18,000 • Columbia University (mentioned as a grantee) **Application Policy:** The foundation does not accept unsolicited applications and ope…
Where does Jill and Mark Rachesky Charitable make grants?
The foundation supports projects across multiple U.S. locations including: • California (San Diego, Woodside) • Connecticut (Hartford) • Florida (Palm Beach, West Palm Beach) • Massachusetts (Natick) • Michigan (Ann Arbor) • New York (New York, Bridgehampton, New Paltz, Pleasantville, Remsenburg-Speonk, Southampton)
What size grants does Jill and Mark Rachesky Charitable award?
In 2024, Jill and Mark Rachesky Charitable awarded 12 grants totaling $445K — an average of about $37K per grant, based on its IRS Form 990 filings.
How much is Jill and Mark Rachesky Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jill and Mark Rachesky Charitable reported a distributable amount of $438K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jill and Mark Rachesky Charitable's EIN?
Jill and Mark Rachesky Charitable's EIN (Employer Identification Number) is 13-7313091. IRS Form 990 filing data is available on this page for 2020–2024.
Does Jill and Mark Rachesky Charitable accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.