Pcs Foundation Inc

RYE, NY EIN: 13-3836874

Pcs Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $164K in total assets. In 2024, it awarded 5 grants totaling $160K. Net investment income was $80K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$164K

+11.3% YoY

Annual Giving

$160K

+467.8% YoY

Grant Count

+66.7% YoY

Avg Grant Size

$32K

+240.7% YoY

Under IRS private-foundation payout rules, Pcs Foundation Inc reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.

About Pcs Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Pcs Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $354K (57%)

New York $263K (42%)

Washington $5K (1%)

Massachusetts $1K (0%)

States

Massachusetts New York Rhode Island Washington

Cities

AlbertsonBedford HillsBostonBronxBrooklynElmsfordHarrisonHopewell JunctionNew YorkProvidenceQueensSeattle

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$163,643	$147,008	$151,552
Revenue	$262,190	$13,567	$5,504
Expenses	$165,151	$33,348	$6,300
Qualifying Distributions	$162,571	$30,710	$3,775
Net Investment Income	$80,210	—	—
Distributable Amount	$11,977	$11,416	$11,719

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

32 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Metropolitan Museum of Art ($150,000), Horace Mann School ($4,000), Brown University ($3,000).

Recipient	Purpose	Amount
BROWN UNIVERSITY PROVIDENCE, RI	TO ASSIST THE UNIVERSITY IN RESEARCH	$3,000
HORACE MANN SCHOOL BRONX, NY	TO SUPPORT PROGRAMS IN THE SCHOOL	$4,000
A NEW CHANCE ANIMAL RESCUE BEDFORD HILLS, NY	TO SUPPORT THE SHELTERIN CARING FOR ANIMALS	$521
SAKHI FOR SOUTH ASIAN SURVIVORS NEW YORK, NY	TO ASSIST THE ORGANIZATIONIN SUPPORTING VICTIMS OF ABUSE	$2,500
METROPOLITAN MUSEUM OF ART NEW YORK, NY	TO BRING ART AND EDUCATION TO THE AMERICAN PEOPLE	$150,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PARAG SAXENA	PRESIDENT	0.25	—
USHA SAXENA	SEC/TREAS	0.25	—
AARTI JOHRI	V-PRES	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Pcs Foundation Inc?

Pcs Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE, NY. It holds $164K in total assets as of 2024.

How large is Pcs Foundation Inc?

As of 2024, Pcs Foundation Inc holds $164K in total assets with $262K in annual revenue. It awarded 5 grants totaling $160K in 2024.

Where does Pcs Foundation Inc operate?

Pcs Foundation Inc has awarded grants in Massachusetts, New York, Rhode Island, Washington.

What size grants does Pcs Foundation Inc award?

In 2024, Pcs Foundation Inc awarded 5 grants totaling $160K — an average of about $32K per grant, based on its IRS Form 990 filings.

How much is Pcs Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pcs Foundation Inc reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.