The Paul and Jenna Segal Family Foundation is a private foundation based in New York City, established in 2014. The foundation focuses on grantmaking in education, human services, and philanthropic initiatives, with geographic concentration in New York, New Jersey, and Florida.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.7M
-10.3% YoY
Grant Count
24
+9.1% YoY
Avg Grant Size
$71K
-17.8% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education (including science education and STEM initiatives)
- Human Services
- Philanthropy, Voluntarism & Grantmaking
- Renewable energy educational initiatives
The foundation has demonstrated particular commitment to renewable energy and storage education, supporting programs such as offshore wind initiatives and undergraduate fellowships in engineering fields.
Grantmaking
The foundation operates on a preselected-only basis, meaning it makes contributions exclusively to preselected charitable organizations and does not accept unsolicited requests for funds.
Grant Range
$1,000–$500,000
How to Apply
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Geographic Focus
Where this funder awards grants
Primary funding areas include New York, New Jersey, and Florida, with significant activity in New York City.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (as of December 2024):
- Total assets: $26,505,105
- Total giving: $1,706,500
- Total revenues: $8,748,257
- Total expenses: $1,924,369
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
104 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
Trustees:
- Paul Segal (Trustee, 2 hours/week, no compensation)
- Jenna Segal (Trustee, 2 hours/week, no compensation)
Background: Paul Segal graduated from Rutgers School of Engineering in 1997 with a BS in chemical engineering. He founded hedge fund Luminus Management in 2002 and has served as CEO of LS Power since 2011. Jenna Segal founded Segal NYC, a production company developing theater, digital content, television, and film projects. She serves as a board member of the Birthright Israel Foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL SEGAL | TRUSTEE | 2 | — |
| JENNA SEGAL | TRUSTEE | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported Jewish community initiatives through coordinated gifts. Jenna Segal, in her capacity as a Birthright Israel Foundation board member, helped coordinate a family gift from the Mike and Sofia Segal Family Foundation ($60,000) to Birthright Israel Foundation, enabling 40 Jewish young adults to travel to Israel. This was paired with a separate gift from Paul and Jenna Segal to the Manhattan Jewish Community Center to fund a "Passport" program offering discounts to Birthright Israel alumni.
Mike & Sofia Segal Foundation Pledges $5 Million to Heterodox AcademyThe foundation's renewable energy focus reflects Paul Segal's professional expertise in the power and energy sector, with recent support directed toward Rutgers University's Offshore Wind Initiative and engineering education programs.
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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