One Point of Light Foundation Inc
One Point of Light Foundation Inc is based in Astoria, New York. Its 2024 filing identifies it as filing type 990T. The filing lists grants to organizations and a scholarship fund, with 2024 grant purposes including operating expenses and college scholarship funds.
Key facts about One Point of Light Foundation Inc
In short: One Point of Light Foundation Inc gave $312K across 35 grants in 2024 (avg $9K), mostly in New York. 3% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 11-3490562
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $311,750
- Grants made (2024)
- 35
- Average grant
- $8,907
- Median grant
- $8,000
- New grantees (estimate)
- 3% first-time grantees (1 of 35, 2024)
- Total assets
- $10,006,003
- Primary geography
- New York (73% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
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
Under IRS private-foundation payout rules, One Point of Light Foundation Inc reported a distributable amount of $482K for 2024 — the minimum it must pay out in qualifying distributions.
Is One Point of Light Foundation Inc open to new grantees?
3%
first-time grantees, 2024
In 2024, 1 of 35 grantees (3%) were first-time recipients. First grants averaged $750; repeat grants $9K. How we count
Medians: $750 first-time, $8K repeat.
- 91% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−9%). Method
- In 2024 it paid out 70% 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 (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for a range of organizations, including cultural and historical, environmental, social-service, housing, and emergency-response organizations, as well as a scholarship fund. For example, the Wildlife Conservation Society describes its own mission as saving wildlife and wild places through science, conservation action, education, and inspiring people to value nature. The Fresh Air Fund says it provides children from low-income New York City families with cultural, recreational, and educational experiences. These are the grantees’ stated missions, not statements of the foundation’s mission.
Grantmaking
In filing year 2024, the foundation reported 35 grants totaling $311,750. Grants ranged from $750 to $38,500, with a median of $8,000. The largest grant was $38,500 to the Karl A Spahlinger Scholarship Fund for college scholarship funds. Other large grants included $21,000 to Queens County Farm Museum and $20,000 to Queens Botanical Garden, both for operating expenses; $13,500 to St Mary’s Foundation for Children; and $11,000 each to the American Red Cross, Bowery Mission, Coastal Preservation Network, College Point Vol Ambulance, Mayor’s Alliance for NYC Animals, Poppenhusen Institute, Salvation Army, and United Service Organizations.
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Geographic Focus
Where this funder awards grants
The foundation is based in Astoria, New York. In 2024, 73% of grant dollars went to recipients in New York, 9% to recipients in Washington, DC, 5% to Virginia, 4% to California, and 3% to Georgia.
Grant Distribution by State
Share of 2024 grant dollars across all 35 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $286K (2022) to $379K (2023). In 2024 it made 35 grants totaling $312K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Karl a Spahlinger Scholarship Fund ($39K). Together the top 10 received $159K.
Grant Size Distribution
160 grants across all recorded years
The most common grant size was under $50K: 160 grants of 160 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Karl a Spahlinger Scholarship Fund Astoria, NY | College Sholarship Funds | $38,500 |
| Queens County Farm Museum Floral Park, NY | Operating Expenses | $21,000 |
| Queens Botanical Garden Flushing, NY | Operating Expenses | $20,000 |
| St Mary's Foundation for Children Lomita, CA | Operating Expenses | $13,500 |
| American Red Cross Washington, DC | Operating Expenses | $11,000 |
| Bowery Mission New York, NY | Operating Expenses | $11,000 |
| Coastal Preservation Network College Point, NY | Operating Expenses | $11,000 |
| College Point Vol Ambulan College Point, NY | Operating Expenses | $11,000 |
| Mayor's Alliance for NYC Animals New York, NY | Operating Expenses | $11,000 |
| Poppenheusen Institiute College Point, NY | Operating Expenses | $11,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $10,006,003 | $631,431 | $473,109 | $311,750 |
| 2023 | $9,822,824 | $585,348 | $536,265 | $379,250 |
| 2022 | $9,109,707 | $719,424 | $426,601 | $286,250 |
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Gary W Weeks as “Foundation M” and Michael Vietri, Anaivys Mercader, and Lynne Serpe as directors.
One Point of Light Foundation Inc's 2024 filing lists 4 officers; 1 of 4 officers listed in 2024 is compensated.
Officers on the 2024 filing
Anaivys Mercader
Director
On filings since 2021
No compensation reported
Lynne Serpe
Director
On filings since 2021
No compensation reported
Michael Vietri
Director
On filings since 2021
No compensation reported
Gary W. Weeks
Foundation M
On filings since 2021
25 hrs/week
$48K (2021) → $57K (2024)
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $57K, to Gary W Weeks (Foundation M).
Contact
Mailing address: 45-09 28Th Avenue, Astoria, NY 11103
Phone: (718) 721-1236
Frequently asked questions about One Point of Light Foundation Inc
How much does One Point of Light Foundation Inc give each year?
One Point of Light Foundation Inc gave $312K across 35 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $379K across 45 grants.
What is One Point of Light Foundation Inc's typical grant size?
One Point of Light Foundation Inc's median grant in 2024 was $8,000, and its average grant was $8,907, across 35 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from One Point of Light Foundation Inc that year got $750 on average.
Where does One Point of Light Foundation Inc give grants?
One Point of Light Foundation Inc gives mostly in New York: 73% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (9%). The most frequent recipient cities were College Point, NY (11 grants), New York, NY (5 grants), Washington, DC (3 grants) and Flushing, NY (2 grants).
Does One Point of Light Foundation Inc give general operating support?
Yes: 97% of One Point of Light Foundation Inc's 2024 grants with a stated purpose (34 of 35) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are One Point of Light Foundation Inc's largest grantees?
One Point of Light Foundation Inc's largest 2024 grantees include Karl a Spahlinger Scholarship Fund ($38,500), Queens County Farm Museum ($21,000) and Queens Botanical Garden ($20,000), according to its 2024 IRS Form 990-PF. Together they received 26% of its itemized 2024 grant dollars.
How large is One Point of Light Foundation Inc?
One Point of Light Foundation Inc reported $10.0M in total assets on its 2024 IRS Form 990-PF. It paid out $336K in qualifying distributions that year, against a required minimum of $482K (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 One Point of Light Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants show support for a range of organizations, including cultural and historical, environmental, social-service, housing, and emergency-response organizations, as well as a scholarship fund. See mission & focus areas ↑
How do I apply for a grant from One Point of Light Foundation Inc?
One Point of Light Foundation Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is One Point of Light Foundation Inc's EIN?
One Point of Light Foundation Inc's EIN (Employer Identification Number) is 11-3490562. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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