New Tamarind Foundation Inc is a private grantmaking foundation established in 2009 and based in Harrison, New York. The foundation operates as a significant regional funder with substantial assets and annual charitable disbursements. The foundation has indicated to the IRS its intention to convert from a private foundation to a public charity status.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$155.8M
+10.4% YoY
Annual Giving
$8.4M
-28.9% YoY
Grant Count
22
+340.0% YoY
Avg Grant Size
$380K
-83.8% YoY
Mission & Focus Areas
The foundation has not provided a public mission statement. Based on recent grantmaking activity, the foundation supports:
- Higher education and scholarship programs
- Educational support initiatives
- Environmental advocacy and food/water security
- Social services and food security programs
- General operating support for nonprofit organizations
Grantmaking
The foundation maintains a selective grantmaking approach, supporting a limited number of organizations with substantial individual grants. Application details and formal application processes are not publicly available.
Grant Range
$300,000 - $7,500,000
Average Grant
$380,000 (2025)
How to Apply
es are not publicly available.
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Geographic Focus
Where this funder awards grants
The foundation primarily focuses on the New Jersey and New York region, with some activity in Utah.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Current Assets and Activity (2025):
- Total Assets: $155,811,875
- Total Revenue: $11,855,812
- Total Expenses: $9,312,635
- Qualifying Distributions: $9,028,096
- Net Investment Income: $11,866,535
- Distributable Amount: $7,576,543
Multi-Year Comparison:
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $155,811,875 | $141,130,531 | $127,073,377 |
| Revenue | $11,855,812 | $29,350,566 | $497,724 |
| Expenses | $9,312,635 | $13,155,163 | $1,178,162 |
| Qualifying Distributions | $9,028,096 | $12,450,940 | $325,197 |
The foundation has demonstrated significant asset growth over the three-year period, with total assets increasing approximately 22.6% from 2023 to 2025.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $155,811,875 | $141,130,531 | $127,073,377 |
| Revenue | $11,855,812 | $29,350,566 | $497,724 |
| Expenses | $9,312,635 | $13,155,163 | $1,178,162 |
| Qualifying Distributions | $9,028,096 | $12,450,940 | $325,197 |
| Net Investment Income | $11,866,535 | $30,276,084 | $517,653 |
| Distributable Amount | $7,576,543 | $6,426,959 | $5,608,641 |
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 2025
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members and Officers:
| Name | Title | Hours/Week | Compensation |
|---|---|---|---|
| Joan Rechnitz | President, Director | 3 | $0 |
| John Dias | Vice President, Director | 35 | $275,000 |
| Wendie Eigen-Weinstein | Treasurer, Director | 2 | $0 |
| Michael Hurst | Secretary, Director | 35 | $275,000 |
| Helaine Lerner | Director | 0.25 | $0 |
| Scott Cullen | Director | 0.25 | $0 |
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOAN RECHNITZ | PRESIDENT, DIRECTOR | 3 | — |
| JOHN DIAS | VICE PRESIDENT, DIRECTOR | 35 | $275,000 |
| WENDIE EIGEN-WEINSTEIN | TREASURER, DIRECTOR | 2 | — |
| MICHAEL HURST | SECRETARY, DIRECTOR | 35 | $275,000 |
| HELAINE LERNER | DIRECTOR | 0.25 | — |
| SCOTT CULLEN | DIRECTOR | 0.25 | — |
Contact Information
Address: 500 Mamaroneck Ave Ste 301 Harrison, NY 10528-1648
Phone: 212-286-2600
Website: www.newtamarindfoundation.org
EIN: 26-3324875
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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