Ostrovsky Family Fund Inc
Ostrovsky Family Fund Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $945K in total assets. In 2024, it awarded 9 grants totaling $617K. Net investment income was $74K.
Ostrovsky Family Fund Inc at a glance
In short: Ostrovsky Family Fund Inc gave $617K across 9 grants in 2024 (avg $69K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $616,749
- +219.7% vs 2023
- Grants made (2024)
- 9
- +50.0% vs 2023
- Average grant
- $68,528
- +113.1% vs 2023
- Median grant
- $19,000
- Total assets
- $944,715
- -15.4% vs 2023
- Primary geography
- New York (78% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Ostrovsky Family Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Film Forum ($410K). Together the top 9 received $617K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 22 grants of 29 (76%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
States
Cities
How Ostrovsky Family Fund Inc gives
- Giving grew 111% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $193K (2023) to $617K (2024). In 2024 it made 9 grants totaling $617K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Film Forum New York, NY | Charitable | $410,000 |
| New Israel Fund New Jersey, NJ | Charitable | $85,585 |
| Electronics Arts Intermix New York, NY | Charitable | $35,000 |
| Associacao Cultural Videobrasil | Charitable | $30,000 |
| PEF Israel Endowment Fund New York, NY | Charitable | $19,000 |
| Key West Literary Seminar Florida, FL | Charitable | $12,000 |
| The Foundation for City New York, NY | Charitable | $12,000 |
| Cinematheque Royale De Belgique | Charitable | $8,164 |
| Projects Eats Inc New York, NY | Charitable | $5,000 |
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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 | $944,715 | $620,113 | $792,114 | $616,749 | 9 | $786,489 | $74,488 | $64,116 |
| 2023 | $1,116,521 | $695,819 | $340,444 | $192,930 | 6 | $324,945 | $93,464 | $53,627 |
| 2022 | $759,161 | $582,324 | $402,430 | $268,150 | 5 | $387,391 | $47,601 | $42,402 |
| 2021 | $579,882 | $674,467 | $404,016 | $291,833 | 4 | $396,453 | $56,904 | $36,665 |
| 2020 | $310,197 | $217,947 | $308,016 | $226,420 | 5 | — | — | $29,712 |
Under IRS private-foundation payout rules, Ostrovsky Family Fund Inc reported a distributable amount of $64K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ostrovsky Family Fund Inc is led by Vivian Ostrovsky, Director & President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Vivian Ostrovsky
Director & President
On filings since 2020
1 hr/week
No compensation reported
Ilan Kwiat
Director
On filings since 2020
1 hr/week
No compensation reported
Ken Nochimson
Director
On filings since 2020
1 hr/week
No compensation reported
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 Ostrovsky Family Fund Inc
How much does Ostrovsky Family Fund Inc give each year?
Ostrovsky Family Fund Inc gave $617K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $193K across 6 grants.
What is Ostrovsky Family Fund Inc's typical grant size?
Ostrovsky Family Fund Inc's median grant in 2024 was $19,000, and its average grant was $68,528, across 9 grants on its 2024 IRS Form 990-PF.
Where does Ostrovsky Family Fund Inc give grants?
Ostrovsky Family Fund Inc gives mostly in New York: 78% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (14%). The most frequent recipient cities were New York, NY (5 grants).
Does Ostrovsky Family Fund Inc give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on Ostrovsky Family Fund Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (9 grants).
Who are Ostrovsky Family Fund Inc's largest grantees?
Ostrovsky Family Fund Inc's largest 2024 grantees include Film Forum ($410,000), New Israel Fund ($85,585) and Electronics Arts Intermix ($35,000), according to its 2024 IRS Form 990-PF. Together they received 86% of its itemized 2024 grant dollars.
How large is Ostrovsky Family Fund Inc?
Ostrovsky Family Fund Inc reported $945K in total assets on its 2024 IRS Form 990-PF. It paid out $786K in qualifying distributions that year, against a required minimum of $64K (roughly 5% of its investment assets).
What is Ostrovsky Family Fund Inc's EIN?
Ostrovsky Family Fund Inc's EIN (Employer Identification Number) is 13-3389580. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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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