The Massry Charitable Foundation Inc is a private foundation based in Albany, New York, established in 1994 and designated as tax-exempt since April 1995. The foundation operates as a grantmaking organization classified under the National Taxonomy of Exempt Entities (NTEE) as a private foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$48.7M
+14.7% YoY
Annual Giving
$3.4M
-13.7% YoY
Grant Count
54
-14.3% YoY
Avg Grant Size
$62K
+0.7% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Education
- Health and human services
- Federated giving programs
- Jewish organizations
- Philanthropy, voluntarism, and grantmaking
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$10,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York and Maryland.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $48,692,660
- Total revenues: $9,706,101
- Total expenses: $3,476,634
- Total giving: $3,358,485
- Giving rate: 9.2% of assets
As of 2023:
- Total assets: $42.5 million
- Total revenues: $4.42 million
- Total expenses: $3.99 million
Revenue Composition (2024):
- Grants and contributions: $527,779
- Investment income and dividends: $1,711,222
- Net gain from sale of non-inventory assets: $7,467,100
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $48,692,660 | $42,463,193 | $42,037,392 |
| Revenue | $9,706,101 | $4,418,944 | $2,643,270 |
| Expenses | $3,476,634 | $3,993,143 | $3,441,561 |
| Qualifying Distributions | $3,358,485 | $3,892,033 | $3,299,201 |
| Net Investment Income | $9,060,173 | $3,832,678 | $1,970,547 |
| Distributable Amount | $3,546,193 | $3,220,435 | $3,103,256 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NORMAN MASSRY | PRESIDENT | — | — |
| MORRIS C MASSRY | VICE PRESIDENT | — | — |
| JULIE MASSRY KNOX | VICE PRESIDENT/SECRETARY | — | — |
Recent News & Activity
Recent developments and announcements
The Massry family has made significant philanthropic commitments to educational institutions in the Capital Region:
MASSRY FAMILY DONATES $2 MILLION FOR NEW SAINT ROSThe University at Albany announced a $5.25 million gift from the Massry family, described as the largest-ever gift to the institution
University at Albany Announces $5.25 Million Gift, Largest-Ever, from MassryThe University at Albany announced the naming of the Massry School of Business
University at Albany Announces $5.25 Million Gift, Largest-Ever, from MassryThe Massry Fellowship program supports students serving nonprofits
Massry Fellowship Helps Five Students Serve NonprofitsSaint Rose received a $2 million donation from the Massry family for new facilities
University at Albany Announces $5.25 Million Gift, Largest-Ever, from MassryContact Information
Address: 255 Washington Avenue Ext, Albany, NY 12205-5548
Telephone: 518-862-6600
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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