Monderer Foundation Inc

Foundation · Grantmaker New York, NY EIN: 20-1842981

Monderer Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 7 grants totaling $359K. Net investment income was $604K.

Key facts about Monderer Foundation Inc

EIN: 20-1842981
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $358,800
Grants made (2024): 7
Average grant: $51,257
Median grant: $25,000
Total assets: $6,394,813
Primary geography: Massachusetts (59% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Monderer Foundation Inc funds

By grant dollars, the top recipient states for Monderer Foundation Inc's 7 itemized 2024 grants were Massachusetts (59%), New York (28%) and Maine (7%). The most frequent recipient cities were Boston, MA (2 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Promote Its Charitable Purpose" (7 grants).

How Monderer Foundation Inc gives

Giving held roughly steady from 2021 to 2024 (−10%). Method
In 2024 it paid out 96% 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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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.4M

+5.6% YoY

Annual Giving

$359K

-13.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$51K

-13.1% YoY

Under IRS private-foundation payout rules, Monderer Foundation Inc reported a distributable amount of $374K for 2024 — the minimum it must pay out in qualifying distributions.

About Monderer Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $212K (59%)

New York $100K (28%)

Maine $25K (7%)

California $20K (6%)

North Carolina $2K (1%)

Share of all 7 itemized 2024 grant dollars.

States

California Florida Massachusetts Maine North Carolina New York

Cities

New YorkBostonMedfordSuffernGreensboroHarrisLos AngelesTuxedo ParkBronxJupiterLewiston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,394,813	$6,058,101	$6,117,580
Revenue	$920,235	$421,060	$663,371
Expenses	$436,623	$475,021	$396,307
Qualifying Distributions	$360,340	$414,250	$319,164
Net Investment Income	$604,136	$360,901	$364,350
Distributable Amount	$374,131	$340,571	$331,543

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

37 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Tufts University ($120,000), Catholic Health Care Foundation ($100,000), Mass General Hospital ($80,000).

Recipient	Purpose	Amount
TUFTS UNIVERSITY Medford, MA	TO PROMOTE ITS CHARITABLE PURPOSE	$120,000
CATHOLIC HEALTH CARE FOUNDATION New York, NY	TO PROMOTE ITS CHARITABLE PURPOSE	$100,000
MASS GENERAL HOSPITAL Boston, MA	TO PROMOTE ITS CHARITABLE PURPOSE	$80,000
DEMPSEY CENTER Lewiston, ME	TO PROMOTE ITS CHARITABLE PURPOSE	$25,000
BROADWAY BARKS Los Angeles, CA	TO PROMOTE ITS CHARITABLE PURPOSE	$20,000
SQUASHBUSTERS Boston, MA	TO PROMOTE ITS CHARITABLE PURPOSE	$12,000
NC ADULT SOCCER ASSOCIATION Greensboro, NC	TO PROMOTE ITS CHARITABLE PURPOSE	$1,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Carol B Turchin	Pres. & Treasurer	—	—
Benjamin Monderer	V.P. & Secretary	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Monderer Foundation Inc?

Monderer Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $6.4M in total assets as of 2024.

How large is Monderer Foundation Inc?

As of 2024, Monderer Foundation Inc holds $6.4M in total assets with $920K in annual revenue. It awarded 7 grants totaling $359K in 2024.

Where does Monderer Foundation Inc operate?

Monderer Foundation Inc has awarded grants in California, Florida, Massachusetts, Maine, North Carolina, New York.

What size grants does Monderer Foundation Inc award?

In 2024, Monderer Foundation Inc awarded 7 grants totaling $359K — an average of about $51K per grant, based on its IRS Form 990 filings.

How much is Monderer Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Monderer Foundation Inc reported a distributable amount of $374K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.