Laughing Man Foundation
Laughing Man Foundation is a private foundation focused on Education, based in Quogue, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 1 grant totaling $1K. Net investment income was $40K.
Laughing Man Foundation at a glance
In short: Laughing Man Foundation gave $1K across 1 grant in 2025 (avg $1K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,000
- -99.1% vs 2024
- Grants made (2025)
- 1
- -66.7% vs 2024
- Average grant
- $1,000
- -97.3% vs 2024
- Median grant
- $1,000
- Total assets
- $1,730,504
- -0.9% 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 November 2026.
Who Laughing Man Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Quogue School Heart Association ($1K).
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 11 grants of 13 (85%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Laughing Man Foundation gives
- Giving fell 84% from 2022 to 2025. Method
- In 2025 it paid out 1% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $1K (2025) to $213K (2023). In 2025 it made 1 grant totaling $1K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Quogue School Heart Association Quogue, NY | General Support | $1,000 |
Ready to take the next step with Laughing Man Foundation?
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 | $1,730,504 | $68,385 | $78,762 | $1,000 | 1 | $1,000 | $39,649 | $86,606 |
| 2024 | $1,746,172 | $105,680 | $210,499 | $109,806 | 3 | $109,806 | $45,039 | $78,725 |
| 2023 | $1,845,700 | $165,691 | $328,683 | $213,423 | 4 | $213,423 | $66,294 | $93,536 |
| 2022 | $2,008,692 | $66,636 | $158,734 | $6,422 | 3 | $6,422 | — | $95,294 |
| 2021 | $2,100,790 | $177,173 | $100,162 | $3,000 | 2 | $3,000 | $230 | $101,565 |
| 2020 | $2,023,779 | $1,197,553 | $225,494 | $135,727 | 5 | — | $10,659 | $63,715 |
Under IRS private-foundation payout rules, Laughing Man Foundation reported a distributable amount of $87K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Laughing Man Foundation is led by David Steingard, Director & CEO on every filing since 2021; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
David Steingard
Director & CEO
On filings since 2021
10 hrs/week
No compensation reported
Felicia Zarai
Director
On filings since 2021
10 hrs/week
$20K (2021) → $60K (2025)
Barry Steingard
Director, CFO & Secretary
On filings since 2021
10 hrs/week
No compensation reported
Former officers (4)
- Former: Barry Steinberg (2020) — Director, Secretary & Treasurer
- Former: David Steinberg (2020) — Director & Chair
- Former: Deborra-Lee Furness (2020) — Director
- Former: Hugh Jackman (2020) — Director
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $60K, to Felicia Zarai (Director).
Frequently asked questions about Laughing Man Foundation
How much does Laughing Man Foundation give each year?
Laughing Man Foundation gave $1K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $110K across 3 grants.
How large is Laughing Man Foundation?
Laughing Man Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $1K in qualifying distributions that year, against a required minimum of $87K (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.
What is Laughing Man Foundation?
Laughing Man Foundation is a private foundation focused on Education, based in Quogue, NY. It holds $1.7M in total assets as of 2025.
Where does Laughing Man Foundation operate?
Laughing Man Foundation has awarded grants in California, Georgia, Maryland, New York, Pennsylvania.
What is Laughing Man Foundation's EIN?
Laughing Man Foundation's EIN (Employer Identification Number) is 47-3978050. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated November 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS September 15, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 31, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Laughing Man Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Laughing Man Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
The Graco Foundation
Minneapolis, MN
The Graco Foundation funds local nonprofits, especially near its U.S. facilities, for capital projects, programs and technology, with emphasis on STEM education, workforce development and youth empowerment. In 2025, grants ranged from $500 to $214,000, with a median of $10,000; it prioritizes Minnesota and other states where Graco has facilities. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$25.3M
Grants
38
Total Given
$1.6M
Atlanta Braves Foundation
Atlanta, GA
The Atlanta Braves Foundation supports programs focused on children, education, neighborhoods, health, youth sports, and community well-being, primarily in Georgia and across Braves Country, with some giving in nearby states. In 2024, grants ranged from $6,000 to $322,578, with a median of $16,250. It offers applications for specific programs; for other requests, it directs organizations to contact its team for further evaluation.
Assets
$13.7M
Grants
66
Total Given
$2.3M
McKesson Foundation Inc
Dallas, TX
The McKesson Foundation funds cancer support and care, healthcare workforce pathways, and emergency response, with grants mainly supporting organizations in the United States and Canada. Its 2025 grants had a median of $100,000, though amounts ranged from $10,000 to about $2.47 million. Its filing says it does not accept unsolicited requests, while its application page describes an online application process with stated submission windows.
Assets
$1.6M
Grants
76
Total Given
$16.6M
Northside Hospital Inc
Atlanta, GA
Northside Hospital supports health and wellness, education, social advocacy, and arts and environment, with recent grants also reaching social services, business, and recreation. Its 2025 grants ranged from $20,000 to $523,227, with a median of $40,000; most funding went to Georgia organizations, especially in its 25-county service area. It accepts charitable giving applications from eligible 501(c)(3) organizations, submitted at least two months before an event or activity.
Assets
$6.6B
Grants
85
Total Given
$5.3M
Kaiser Foundation Health Plan of Georgiainc
Oakland, CA
It funds community health in Georgia, including health care access, behavioral and youth mental health, health education, food-related programs, and other community initiatives. In 2024, grants ranged from $6,000 to $2,087,437, with a median of $50,000; the available information does not establish whether it accepts unsolicited requests.
Assets
$976.3M
Grants
86
Total Given
$8.4M
Weil Gotshal & Manges Foundation Inc
New York, NY
The foundation supports nonprofits working in medical and disaster relief, legal and social services, education, and youth programs. In 2024, grants ranged from $1,000 to $500,000, with a median of $10,000; most funding went to organizations in New York, followed by Massachusetts. Its filing lists application materials and a November 1 deadline, indicating that it accepts requests beyond a preselected group of organizations.
Assets
$4.1M
Grants
90
Total Given
$2.4M
More similar funders
More Funders in New York
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Laughing Man Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Laughing Man Foundation down — hundreds of funders to go?