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.
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
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 |
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 include Mhr Donation Fund ($250,000), Mount Sinai Children's Center Foundation ($50,000), University of Michigan ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL SYNAGOGUE NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $18,000 |
| CROHNS & COLITIS FOUNDATION NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $2,500 |
| DYSAUTONOMIA FOUNDATION NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $5,000 |
| JEWISH FEDERATION OF PALM BEACH COUNTY WEST PALM BEACH, FL | GENERAL CHARITABLE PURPOSES | $6,000 |
| MOUNT SINAI CHILDREN'S CENTER FOUNDATION NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $50,000 |
| MOUNT SINAI MEDICAL CENTER FUND NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $25,000 |
| OXALOSIS AND HYPEROXALURIA FOUNDATION NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $2,000 |
| SH BATH & TENNIS CLUB CHARITABLE FOUNDATION SOUTHAMPTON, NY | GENERAL CHARITABLE PURPOSES | $4,500 |
| THE JEWISH BOARD NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $30,000 |
| TOWN OF PALM BEACH UNITED WAY WEST PALM BEACH, FL | GENERAL CHARITABLE PURPOSES | $2,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees:
- Jill Rachesky
- Mark H. Rachesky
Both trustees serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 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.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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