Massry Charitable Foundation Inc
Massry Charitable Foundation Inc is a private foundation based in Albany, New York. In 2024, it reported 54 grants totaling $3,358,485, all of which went to recipients in New York.
Massry Charitable Foundation Inc at a glance
In short: Massry Charitable Foundation Inc gave $3.4M across 54 grants in 2024 (avg $62K), mostly in New York. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,358,485
- -13.7% vs 2023
- Grants made (2024)
- 54
- -14.3% vs 2023
- Average grant
- $62,194
- +0.7% vs 2023
- Median grant
- $10,000
- Total assets
- $48,692,660
- +14.7% vs 2023
- New grantees (estimate)
- 24% first-time grantees (13 of 54, 2024)
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Massry Charitable Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests. It states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 255 Washington Avenue Ext, Albany, NY 12205
Phone: (518) 862-6600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Massry Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was University at Albany Foundation ($950K). Together the top 10 received $2.9M.
Grant Size Distribution
344 grants across all recorded years
The most common grant size was under $50K: 285 grants of 344 (83%).
Geographic Focus
Where this funder awards grants
All reported 2024 grant dollars went to recipients in New York; the filing reports less than 1% in Maryland.
Grant Distribution by State
Share of 2024 grant dollars across all 54 itemized grants.
Cities
Is Massry Charitable Foundation Inc open to new grantees?
24%
first-time grantees, 2024
In 2024, 13 of 54 grantees (24%) were first-time recipients. First grants averaged $32K; repeat grants $72K. How we count
Medians: $8K first-time, $14K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+11%). Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.8M (2020) to $3.9M (2023). In 2024 it made 54 grants totaling $3.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University at Albany Foundation Albany, NY | General | $950,000 |
| Tosh American Friends of Bnai Levy Brooklyn, NY | General | $650,000 |
| Albany Medical Center Albany, NY | General | $302,385 |
| Community Foundation Albany, NY | General | $200,000 |
| Hudson Valley Community College Troy, NY | General | $200,000 |
| Chabad Colonie Loudonville, NY | General | $150,000 |
| Troy Music Hall Troy, NY | General | $150,000 |
| Interfaith Partnership for Homeless Albany, NY | General | $105,000 |
| Unity House Troy, NY | General | $100,000 |
| Shabbos House Albany, NY | General | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $48,692,660 | $9,706,101 | $3,476,634 | $3,358,485 | 54 | $3,358,485 | $9,060,173 | $3,546,193 |
| 2023 | $42,463,193 | $4,418,944 | $3,993,143 | $3,892,033 | 63 | $3,892,033 | $3,832,678 | $3,220,435 |
| 2022 | $42,037,392 | $2,643,270 | $3,441,561 | $3,299,201 | 78 | $3,299,201 | $1,970,547 | $3,103,256 |
| 2021 | $42,835,683 | $4,558,777 | $3,158,263 | $3,023,600 | 75 | $3,023,600 | $1,477,795 | $3,274,838 |
| 2020 | $41,435,169 | $4,391,405 | $2,936,006 | $2,844,800 | 74 | — | $1,309,228 | $2,662,734 |
Under IRS private-foundation payout rules, Massry Charitable Foundation Inc reported a distributable amount of $3.5M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants included support for Hudson Valley Community College; the college’s stated mission is to advance the welfare, development, purposes, and programs of the college, its students, and alumni. St. Peter’s Hospital Foundation describes its work as serving communities through a compassionate and transforming healing presence. Albany Pro Musica says it performs choral music and provides educational experiences, while Jewish National Fund says it works to build a prosperous future for the land of Israel and its people.
Grantmaking
In 2024, the foundation made 54 grants totaling $3,358,485. Grants ranged from $1,500 to $950,000, with a median of $10,000. Its largest reported awards included $950,000 to University at Albany Foundation, $650,000 to Tosh American Friends of Bnai Levy, $302,385 to Albany Medical Center, and $200,000 each to Community Foundation and Hudson Valley Community College. Other grants included $150,000 each to Chabad Colonie and Troy Music Hall, and $105,000 to Interfaith Partnership for Homeless.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Norman Massry as president, Morris C. Massry as vice president, and Julie Massry Knox as vice president/secretary.
Massry Charitable Foundation Inc is led by Norman Massry, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Norman Massry
President
On filings since 2020
No compensation reported
Julie Massry Knox
Vice President & Secretary
On filings since 2020
No compensation reported
Morris C. Massry
Vice President
On filings since 2020
No compensation reported
Former officers (1)
- Former: Esther Massry (2020–2021) — Board Member
Data from IRS Form 990 filings, 2020–2024. "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 Massry Charitable Foundation Inc
How much does Massry Charitable Foundation Inc give each year?
Massry Charitable Foundation Inc gave $3.4M across 54 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.9M across 63 grants.
What is Massry Charitable Foundation Inc's typical grant size?
Massry Charitable Foundation Inc's median grant in 2024 was $10,000, and its average grant was $62,194, across 54 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Massry Charitable Foundation Inc that year got $32K on average.
Where does Massry Charitable Foundation Inc give grants?
Massry Charitable Foundation Inc gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Albany, NY (29 grants), Troy, NY (8 grants), Brooklyn, NY (4 grants) and Schenectady, NY (3 grants).
Does Massry Charitable Foundation Inc give general operating support?
Yes: 100% of Massry Charitable Foundation Inc's 2024 grants with a stated purpose (54 of 54) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Massry Charitable Foundation Inc's largest grantees?
Massry Charitable Foundation Inc's largest 2024 grantees include University at Albany Foundation ($950,000), Tosh American Friends of Bnai Levy ($650,000) and Albany Medical Center ($302,385), according to its 2024 IRS Form 990-PF. Together they received 57% of its itemized 2024 grant dollars.
How large is Massry Charitable Foundation Inc?
Massry Charitable Foundation Inc reported $48.7M in total assets on its 2024 IRS Form 990-PF. It paid out $3.4M in qualifying distributions that year, against a required minimum of $3.5M (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 does Massry Charitable Foundation Inc fund?
No mission statement for the foundation is provided. Its grants included support for Hudson Valley Community College; the college’s stated mission is to advance the welfare, development, purposes, and programs of the college, its students, and alumni. St. See mission & focus areas ↑
How do I apply for a grant from Massry Charitable Foundation Inc?
The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Massry Charitable Foundation Inc's EIN?
Massry Charitable Foundation Inc's EIN (Employer Identification Number) is 14-1777179. IRS Form 990 filing data is available on this page for 2020–2024.
Does Massry Charitable Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Massry Charitable Foundation Inc funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/massry-charitable-foundation-inc-morg_93e6eb4e30e84f518983e93808b02fa7
BibTeX
@misc{grantable_141777179_2026,
author = {{Grantable}},
title = {{Massry Charitable Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/massry-charitable-foundation-inc-morg_93e6eb4e30e84f518983e93808b02fa7},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Massry Charitable Foundation Inc'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.
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