One Point of Light Foundation Inc
One Point of Light Foundation Inc is a private independent foundation based in Astoria, New York. The organization has been tax-exempt since March 2000 and holds 501(c)(3) status. It operates as a grantmaking foundation focused on philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.0M
+1.9% YoY
Annual Giving
$312K
-17.8% YoY
Grant Count
35
-22.2% YoY
Avg Grant Size
$9K
+5.7% YoY
Mission & Focus Areas
The foundation primarily funds operating expenses, college scholarship funds, and college scholarship tournaments. Recent grantmaking has supported organizations across diverse sectors including environmental conservation, education, and social services.
Grantmaking
The foundation made 50 grants in 2023. Recent grant recipients and amounts include:
Ready to take the next step with One Point of Light Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation is based in Astoria, New York and supports organizations operating in the New York area and beyond.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $9,822,824
- Total Revenues: $585,348
- Total Expenses: $536,265
- Total Liabilities: $0
- Number of Employees: 0
The foundation maintains a strong financial position with assets significantly exceeding annual expenditures.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,006,003 | $9,822,824 | $9,109,707 |
| Revenue | $631,431 | $585,348 | $719,424 |
| Expenses | $473,109 | $536,265 | $426,601 |
| Qualifying Distributions | $336,312 | $448,148 | $347,061 |
| Net Investment Income | $494,504 | $175,675 | $154,104 |
| Distributable Amount | $481,906 | $453,841 | $456,422 |
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
160 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
Gary W Weeks serves as Manager of the foundation, with reported compensation of $51,500 as of November 2023.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY W WEEKS | FOUNDATION M | 25 | $57,000 |
| MICHAEL VIETRI | DIRECTOR | — | — |
| ANAIVYS MERCADER | DIRECTOR | — | — |
| LYNNE SERPE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with One Point of Light Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities