Last Resort Foundation
Last Resort Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $387K in total assets. In 2025, it awarded 2 grants totaling $25K. Net investment income was $33K.
Key facts about Last Resort Foundation
In short: Last Resort Foundation gave $25K across 2 grants in 2025 (avg $13K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- EIN
- 13-4158531
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $25,000
- Grants made (2025)
- 2
- Average grant
- $12,500
- Median grant
- $12,500
- Total assets
- $386,852
- Primary geography
- Texas (60% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$387K
+0.1% YoY
Annual Giving
$25K
+0.0% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$13K
+50.0% YoY
Under IRS private-foundation payout rules, Last Resort Foundation reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.
How Last Resort Foundation gives
- Giving fell 69% from 2022 to 2025. Method
- In 2025 it paid out 73% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $25K (2024) to $80K (2022). In 2025 it made 2 grants totaling $25K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Southern Methodist University ($15K). Together the top 2 received $25K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southern Methodist University Dallas, TX | Charitable | $15,000 |
| Chapel & York Foundation New York, NY | Charitable | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $386,852 | $386,543 | $400,278 |
| Revenue | $41,048 | $31,732 | $-83,565 |
| Expenses | $40,739 | $45,467 | $37,679 |
| Qualifying Distributions | $32,870 | $35,246 | $33,800 |
| Net Investment Income | $33,179 | $21,511 | — |
| Distributable Amount | $45,153 | $35,118 | $31,568 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 29, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Last Resort Foundation is led by Peggy Eve Gilder, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Peggy Eve Gilder
President
On filings since 2020
3 hrs/week
No compensation reported
Dan Norris
Vice President & Secretary
On filings since 2020
3 hrs/week
No compensation reported
Julie Wurts
Treasurer
On filings since 2020
3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Last Resort Foundation
How much does Last Resort Foundation give each year?
Last Resort Foundation gave $25K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 3 grants.
How large is Last Resort Foundation?
Last Resort Foundation reported $387K in total assets on its 2025 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $45K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Last Resort Foundation operate?
Last Resort Foundation has awarded grants in California, Connecticut, Massachusetts, North Carolina, New York, Oklahoma, Texas.
What is Last Resort Foundation's EIN?
Last Resort Foundation's EIN (Employer Identification Number) is 13-4158531. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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