Park Avenue Charitable Fund
Park Avenue Charitable Fund is a public charity based in New York, New York. It distributes funds to exempt public charities selected by its directors to meet the fund’s philanthropic objectives.
Park Avenue Charitable Fund at a glance
In short: Park Avenue Charitable Fund gave $1.1M across 30 grants in 2025 (avg $35K), mostly in Massachusetts. 53% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,063,180
- +6.1% vs 2024
- Grants made (2025)
- 30
- +0.0% vs 2024
- Average grant
- $35,439
- +6.1% vs 2024
- Median grant
- $15,000
- Total assets
- $5,330,564
- -5.0% vs 2024
- New grantees (estimate)
- 53% first-time grantees (16 of 30, 2025)
- Primary geography
- Massachusetts (55% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Park Avenue Charitable Fund
- Contact
Mailing address: Co Anchin 3 Times Square, New York, NY 10036
Phone: (212) 840-3456
Website: https://parkavenuefoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Park Avenue Charitable Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was President and Fellows of Harvard College ($557K). Together the top 10 received $812K.
Grant Size Distribution
179 grants across all recorded years
The most common grant size was under $50K: 154 grants of 179 (86%).
Geographic Focus
Where this funder awards grants
In 2025, Massachusetts recipients received 55% of grant dollars and New York recipients received 32%. California received 4%, New Jersey 3%, and Washington, D.C. 2%.
Grant Distribution by State
Share of 2025 grant dollars across all 30 itemized grants.
States
Cities
Is Park Avenue Charitable Fund open to new grantees?
53%
first-time grantees, 2025
In 2025, 16 of 30 grantees (53%) were first-time recipients. First grants averaged $52K; repeat grants $17K. How we count
Medians: $16K first-time, $15K repeat.
- 27% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+17%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $850K (2020) to $1.1M (2023). In 2025 it made 30 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| President and Fellows of Harvard College Cambridge, MA | General Support | $556,985 |
| The Museum for African Art DBA the Africa Center New York, NY | General Support | $50,000 |
| American Jewish Committee New York, NY | General Support | $40,250 |
| American Friends of Hebrew University New York, NY | General Support | $25,000 |
| Center for Reproductive Rights New York, NY | General Support | $25,000 |
| Children's Hospital & Research Center DBA UCSF Benioff Children's Hospitals Oakland, CA | General Support | $25,000 |
| Elton John AIDS Fdn Inc New York, NY | General Support | $25,000 |
| FDNY Foundation Brooklyn, NY | General Support | $25,000 |
| American Friends of Meir Panim Inc Brooklyn, NY | General Support | $20,000 |
| Mazon a Jewish Response to Hunger Sherman Oaks, CA | General Support | $20,000 |
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Financial History
Multi-year comparison from IRS filings
The fund reported 30 grants in 2025, 30 in 2024, and 42 in 2023.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $5,330,564 | $868,116 | $1,195,975 | $1,063,180 | 30 | $262,364 |
| 2024 | $5,611,369 | $945,477 | $1,199,075 | $1,001,896 | 30 | $122,343 |
| 2023 | $5,724,704 | $1,214,506 | $1,294,198 | $1,122,900 | 42 | $103,522 |
| 2022 | $5,837,422 | $1,805,381 | $1,101,169 | $911,734 | 37 | $61,952 |
| 2021 | $5,344,307 | $1,234,605 | $1,127,376 | $903,196 | 40 | $60,924 |
| 2020 | $5,265,653 | $1,157,286 | $1,021,260 | $849,822 | 39 | $81,649 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The fund’s stated mission is “to distribute funds to other exempt publicly supported charitable organizations.” Its 2023 filing says it distributes funds to selected public charities that meet its objectives.
Its 2025 grants included organizations working in several areas. For example, Harvard describes its work as undergraduate, graduate, and professional education and research. The American Jewish Committee says it works to advance human rights and democratic values and enhance the wellbeing of the Jewish people and Israel. MAZON describes itself as a national advocacy organization working to end hunger, while the FDNY Foundation says it supports fire and life-safety programs, equipment, training, education, and health and wellness needs for FDNY members.
Grantmaking
In filing year 2025, the fund reported 30 grants totaling $1,063,180. Grants ranged from $8,000 to $556,985, with a median of $15,000. The largest grant was $556,985 to the President and Fellows of Harvard College for general support.
Other notable 2025 grants included $50,000 to The Africa Center, $40,250 to the American Jewish Committee, and $25,000 each to the Center for Reproductive Rights, UCSF Benioff Children’s Hospitals, Elton John AIDS Foundation, and FDNY Foundation. These grants were listed for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Gary S. Castle as president; Mela Garber as secretary; Gregory Strakhov as treasurer and CFO through March 14, 2025; and Russell Shinsky as treasurer and CFO beginning March 15, 2025.
Park Avenue Charitable Fund is led by Gary S. Castle, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Gary S. Castle
President
On filings since 2020
3 hrs/week
No compensation reported
Mela Garber
Secretary
On filings since 2020
3 hrs/week
No compensation reported
Gregory Strakhov
Treasurer & CFO
On filings since 2023
3 hrs/week
No compensation reported
Russell Shinsky
Treasurer & CFO
On filings since 2024
3 hrs/week
No compensation reported
Former officers (1)
- Former: Scott Goldfond (2020–2023) — Treasurer & CFO · Filing note: Retired 63023
Data from IRS Form 990 filings, 2020–2025. "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 Park Avenue Charitable Fund
How much does Park Avenue Charitable Fund give each year?
Park Avenue Charitable Fund gave $1.1M across 30 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.0M across 30 grants.
What is Park Avenue Charitable Fund's typical grant size?
Park Avenue Charitable Fund's median grant in 2025 was $15,000, and its average grant was $35,439, across 30 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Park Avenue Charitable Fund that year got $52K on average.
Where does Park Avenue Charitable Fund give grants?
Park Avenue Charitable Fund gives mostly in Massachusetts: 55% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was New York (32%). The most frequent recipient cities were New York, NY (13 grants), Cambridge, MA (2 grants), Brooklyn, NY (2 grants) and Washington, DC (2 grants).
Does Park Avenue Charitable Fund give general operating support?
Yes: 100% of Park Avenue Charitable Fund's 2025 grants with a stated purpose (30 of 30) were for general or operating support, per its 2025 IRS Form 990.
Who are Park Avenue Charitable Fund's largest grantees?
Park Avenue Charitable Fund's largest 2025 grantees include President and Fellows of Harvard College ($556,985), The Museum for African Art DBA the Africa Center ($50,000) and American Jewish Committee ($40,250), according to its 2025 IRS Form 990. Together they received 61% of its itemized 2025 grant dollars.
How large is Park Avenue Charitable Fund?
Park Avenue Charitable Fund reported $5.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $868K.
What does Park Avenue Charitable Fund fund?
The fund’s stated mission is “to distribute funds to other exempt publicly supported charitable organizations.” Its 2023 filing says it distributes funds to selected public charities that meet its objectives. See mission & focus areas ↑
How do I apply for a grant from Park Avenue Charitable Fund?
Park Avenue Charitable Fund has no public application process in the sources Grantable reviewed. Check parkavenuefoundation.org for current guidelines, or contact the foundation directly before submitting a request.
What is Park Avenue Charitable Fund's EIN?
Park Avenue Charitable Fund's EIN (Employer Identification Number) is 13-3581286. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS April 5, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 24, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS February 20, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Park Avenue Charitable Fund's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Park Avenue Charitable Fund funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/park-avenue-charitable-fund-morg_4069e625920b4e6bbcc31dee4e4f2f2a
BibTeX
@misc{grantable_133581286_2026,
author = {{Grantable}},
title = {{Park Avenue Charitable Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/park-avenue-charitable-fund-morg_4069e625920b4e6bbcc31dee4e4f2f2a},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Park Avenue Charitable Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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