Picket Family Foundation Inc
Picket Family Foundation Inc is a private foundation based in New York, NY. It reported 20 grants totaling $1,681,000 in 2024, supporting organizations including cultural institutions, a hospital, a university, and community-service organizations. The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Picket Family Foundation Inc at a glance
In short: Picket Family Foundation Inc gave $1.7M across 20 grants in 2024 (avg $84K), mostly in New York. 60% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,681,000
- +100.6% vs 2023
- Grants made (2024)
- 20
- +233.3% vs 2023
- Average grant
- $84,050
- -39.8% vs 2023
- Median grant
- $16,000
- Total assets
- $4,696,663
- -11.7% vs 2023
- New grantees (estimate)
- 60% first-time grantees (12 of 20, 2024; small sample)
- Primary geography
- New York (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Picket Family Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 111 Fifth Avenue 9Th Fl, New York, NY 10003
Phone: (212) 599-0520
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Picket Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was New York Historical Society ($600K). Together the top 10 received $1.6M.
Grant Size Distribution
53 grants across all recorded years
The most common grant size was under $50K: 28 grants of 53 (53%).
Geographic Focus
Where this funder awards grants
In 2024, 98% of grant dollars went to recipients in New York, 1% to recipients in Maryland, and 1% to recipients in Connecticut.
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
Cities
Is Picket Family Foundation Inc open to new grantees?
60%
first-time grantees, 2024
In 2024, 12 of 20 grantees (60%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $14K; repeat grants $190K. How we count
Medians: $13K first-time, $75K repeat.
- 30% of 2024 grantees were also funded in 2023. Method
- Giving grew 36% from 2021 to 2024. Method
- In 2024 it paid out 583% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2024, annual grant giving ranged from $838K (2023) to $1.7M (2024). In 2024 it made 20 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New York Historical Society New York, NY | Unrestricted | $600,000 |
| Mount Sinai Hospital New York, NY | Unrestricted | $500,000 |
| New York Philharmonic New York, NY | Unrestricted | $200,000 |
| UJA Federation of New York New York, NY | Unrestricted | $100,000 |
| Fordham University Bronx, NY | Unrestricted | $50,000 |
| Metropolitan Museum of Art New York, NY | Unrestricted | $28,000 |
| Athletes for Hope Glen Echo, MD | Unrestricted | $25,000 |
| New York Presbyterian Hospital New York, NY | Unrestricted | $25,000 |
| Lincoln Center for the Performing Arts New York, NY | Unrestricted | $21,000 |
| Richard Tucker Music Foundation New York, NY | Unrestricted | $17,000 |
Ready to take the next step with Picket Family Foundation Inc?
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 | $4,696,663 | $1,106,449 | $1,730,995 | $1,681,000 | 20 | $1,681,500 | $452,777 | $288,451 |
| 2023 | $5,321,209 | $1,154,594 | $871,539 | $838,000 | 6 | $838,000 | $142,704 | $253,414 |
| 2022 | $5,038,154 | $1,132,795 | $1,077,595 | $1,019,000 | 8 | $1,019,125 | $397,770 | $252,322 |
| 2021 | $4,982,954 | $980,800 | $1,279,114 | $1,236,500 | 12 | $1,236,625 | $938,311 | $322,945 |
| 2020 | $5,281,268 | $501,633 | $1,037,601 | $995,400 | 7 | — | $159,855 | $289,462 |
Under IRS private-foundation payout rules, Picket Family Foundation Inc reported a distributable amount of $288K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2024 grants show support for organizations working in areas including history, higher education, art, performing arts, health care, and community services. For example, the New-York Historical Society describes its mission as collecting, preserving, and interpreting material about U.S. and New York history. Crossroads Community Services says it works to address hunger and homelessness, while Xavier Mission describes providing food, clothing, life-skills training, and financial assistance to people experiencing homelessness or with low incomes.
Grantmaking
In 2024, the foundation reported 20 grants totaling $1,681,000. Grant amounts ranged from $5,000 to $600,000, with a median grant of $16,000. The listed grant purposes were unrestricted.
The largest 2024 grants included $600,000 to the New-York Historical Society, $500,000 to Mount Sinai Hospital, $200,000 to the New York Philharmonic, $100,000 to UJA Federation of New York, and $50,000 to Fordham University. Other grants included $28,000 to the Metropolitan Museum of Art, $25,000 each to Athletes for Hope and New York Presbyterian Hospital, and $21,000 to Lincoln Center for the Performing Arts.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists:
- Joel I Picket — Director & President
- David L Picket — Director & Treasurer
- Allison D Fehrenbaker — Director & Secretary
- Joan R Picket — Director & Vice President
- Rona J Picket — Director
- Lawrence G Fehrenbaker — Director
Picket Family Foundation Inc is led by Joel I. Picket, Director & President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joel I. Picket
Director & President
On filings since 2020
No compensation reported
Allison D. Fehrenbaker
Director & Secretary
On filings since 2020
No compensation reported
David L. Picket
Director & Trasurer
On filings since 2020
No compensation reported
Joan R. Picket
Director & Vice President
On filings since 2020
No compensation reported
Lawrence G. Fehrenbaker
Director
On filings since 2020
No compensation reported
Rona J. Picket
Director
On filings since 2020
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 Picket Family Foundation Inc
How much does Picket Family Foundation Inc give each year?
Picket Family Foundation Inc gave $1.7M across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $838K across 6 grants.
What is Picket Family Foundation Inc's typical grant size?
Picket Family Foundation Inc's median grant in 2024 was $16,000, and its average grant was $84,050, across 20 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Picket Family Foundation Inc that year got $14K on average.
Where does Picket Family Foundation Inc give grants?
Picket Family Foundation Inc gives mostly in New York: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (16 grants).
Does Picket Family Foundation Inc give general operating support?
Yes: 100% of Picket Family Foundation Inc's 2024 grants with a stated purpose (20 of 20) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Picket Family Foundation Inc's largest grantees?
Picket Family Foundation Inc's largest 2024 grantees include New York Historical Society ($600,000), Mount Sinai Hospital ($500,000) and New York Philharmonic ($200,000), according to its 2024 IRS Form 990-PF. Together they received 77% of its itemized 2024 grant dollars.
How large is Picket Family Foundation Inc?
Picket Family Foundation Inc reported $4.7M in total assets on its 2024 IRS Form 990-PF. It paid out $1.7M in qualifying distributions that year, against a required minimum of $288K (roughly 5% of its investment assets).
What does Picket Family Foundation Inc fund?
No foundation mission statement is provided. Its 2024 grants show support for organizations working in areas including history, higher education, art, performing arts, health care, and community services. See mission & focus areas ↑
How do I apply for a grant from Picket Family Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Picket Family Foundation Inc's EIN?
Picket Family Foundation Inc's EIN (Employer Identification Number) is 26-3870611. IRS Form 990 filing data is available on this page for 2020–2024.
Does Picket Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Picket Family Foundation Inc funds
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Cite this profile
Grantable. (2026). Picket Family Foundation Inc funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/picket-family-foundation-inc-morg_8eb5af1aef584ced90ed1e944927fa92
BibTeX
@misc{grantable_263870611_2026,
author = {{Grantable}},
title = {{Picket Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/picket-family-foundation-inc-morg_8eb5af1aef584ced90ed1e944927fa92},
note = {Accessed 2026-10-18. 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 Picket Family Foundation Inc'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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