Philip W Riskin Charitable

Foundation · Grantmaker CLIFTON, NJ EIN: 22-3265173

The Philip W Riskin Charitable Foundation is a private foundation based in Clifton, New Jersey. Established in 1994, it operates as a 501(c)(3) tax-exempt organization with a focus on philanthropic grantmaking across multiple sectors including arts, health, social services, and Jewish organizations.

Key facts about Philip W Riskin Charitable

EIN: 22-3265173
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $270,000
Grants made (2024): 69
Average grant: $3,913
Median grant: $4,000
Total assets: $12,495,252
Primary geography: New York (40% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who Philip W Riskin Charitable funds

By grant dollars, the top recipient states for Philip W Riskin Charitable's 69 itemized 2024 grants were New York (40%), New Jersey (27%) and District of Columbia (12%). The most frequent recipient cities were New York, NY (27 grants), Washington, DC (8 grants), Boston, MA (3 grants) and Newark, NJ (3 grants). None of its 69 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charity" (69 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.5M

-1.7% YoY

Annual Giving

$270K

+2.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$4K

+2.1% YoY

Under IRS private-foundation payout rules, Philip W Riskin Charitable reported a distributable amount of $260K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission centers on giving primarily for the arts, health and medical research, social services, and support to Jewish organizations.

Primary funding focus areas include:

Arts and culture
Performing arts
Museums and art museums
Philanthropy and nonprofits
Health care and in-patient medical care
Hospital care
Reproductive health care and family planning
Diseases and conditions
Religion, particularly Judaism
Human services and family services
Child welfare

Grantmaking

The foundation made 51 grants in 2024, with total giving of $270,000. Typical grant awards range from $500 to $12,500.

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple states, with particular emphasis on:

New York
New Jersey
District of Columbia

The foundation also supports major cities including Boston and Philadelphia, as well as smaller communities across the United States.

Grant Distribution by State

New York $513K (44%)

New Jersey $351K (30%)

District of Columbia $109K (9%)

Massachusetts $54K (5%)

Connecticut $31K (3%)

Pennsylvania $23K (2%)

Maryland $18K (1%)

Tennessee $18K (1%)

+6 more states

States

Alabama California Connecticut District of Columbia Florida Georgia Massachusetts Maryland New Jersey New York Oklahoma Pennsylvania Tennessee Virginia

Cities

New YorkWashingtonHackensackNewarkBostonEnglewoodPhiladelphiaAmericusCambridgeHillsideLa JollaMonroeMontclairMontgomeryMorristownNew HavenPrincetonTeaneckTenaflyWest Orange

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total assets: $12,495,252
Total giving: $270,000
Total revenues: $63,392
Total expenses: $305,046
Investment income and dividends: $217,867
Number of employees: 0

Address: 38 North Court Clifton, NJ 07013-3213

Tax Information:

EIN: 22-3265173
IRS ruling year: 1994
Required to file Form 990-PF

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,495,252	$12,706,192	$12,789,562
Revenue	$63,392	$217,886	$-127,465
Expenses	$305,046	$297,726	$432,861
Qualifying Distributions	$272,546	$297,726	$402,861
Net Investment Income	$217,867	$217,886	$228,950
Distributable Amount	$260,471	$279,898	$226,935

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

309 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Jewish Family Service ($12,500), Doctors Without Borders ($11,000), Institute for Advanced Study ($10,000).

Recipient	Purpose	Amount
JEWISH FAMILY SERVICE PASSIAC, NJ	CHARITY	$12,500
DOCTORS WITHOUT BORDERS NEW YORK, NY	CHARITY	$11,000
INSTITUTE FOR ADVANCED STUDY PRINCETON, NJ	CHARITY	$10,000
WNYC NEW YORK, NY	CHARITY	$10,000
OVARIAN CANCER RESEARCH FUND NEW YORK, NY	CHARITY	$7,500
OXFAM BOSTON, MA	CHARITY	$7,500
ENVIRONMENTAL DEFENSE FUND WASHINGTON, DC	CHARITY	$5,000
FINCA WASHINGTON, DC	CHARITY	$5,000
GREENPEACE WASHINGTON, DC	CHARITY	$5,000
HIAS SILVER SPRINGS, MD	CHARITY	$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's leadership team includes:

Jane Riskin Bean – President
Francesca Liechenstein – Secretary
Michael Liechenstein – Trustee
George Bean – Trustee

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JANE RISKIN BEAN	PRESIDENT	1	$10,000
FRANCESCA LIECHENSTEIN	SECRETARY	1	$7,500
MICHAEL LIECHENSTEIN	TRUSTEE	1	$7,500
GEORGE BEAN	TRUSTEE	1	$7,500

Frequently Asked Questions

What does Philip W Riskin Charitable fund?

The foundation's mission centers on giving primarily for the arts, health and medical research, social services, and support to Jewish organizations. Primary funding focus areas include: • Arts and culture • Performing arts • Museums and art museums • Philanthropy and nonprofits • Health care and in-patient medical care • Hospital care • Reproductive health care and family planning • Diseases and conditions • Religion, particularly Judaism • Human services and family services • Child welfare

How do I apply for a grant from Philip W Riskin Charitable?

**Grant Activity:** The foundation made 51 grants in 2024, with total giving of $270,000. Typical grant awards range from $500 to $12,500. **Recent Grantees (2024):** • Jewish Family Service and Children's Center of Clifton Passaic: $12,500 • Doctors Without Borders USA: $11,000 • Institute for Advanced Study: $10,000 The foundation distributes grants across multiple organizations annually, with additional grants totaling approximately $142,000 beyond the named recipients.

Where does Philip W Riskin Charitable make grants?

The foundation supports organizations across multiple states, with particular emphasis on: • New York • New Jersey • District of Columbia The foundation also supports major cities including Boston and Philadelphia, as well as smaller communities across the United States.

What size grants does Philip W Riskin Charitable award?

In 2024, Philip W Riskin Charitable awarded 69 grants totaling $270K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Philip W Riskin Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Philip W Riskin Charitable reported a distributable amount of $260K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.