Picket Family Foundation Inc

Foundation · Grantmaker New York, NY EIN: 26-3870611

Picket Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 20 grants totaling $1.7M. Net investment income was $453K.

Key facts about Picket Family Foundation Inc

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.

EIN
26-3870611
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,681,000
Grants made (2024)
20
Average grant
$84,050
Median grant
$16,000
New grantees (estimate)
60% first-time grantees (12 of 20, 2024)
Total assets
$4,696,663
Primary geography
New York (98% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.7M

-11.7% YoY

Annual Giving

$1.7M

+100.6% YoY

Grant Count

20

+233.3% YoY

Avg Grant Size

$84K

-39.8% YoY

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.

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. 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 20 itemized 2024 grant dollars.

Cities

New YorkBronxGlen EchoGreenwichWest Palm Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M7 grants202012 grants20218 grants20226 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

New York Historical Society: $600KNew York Historical Society$600KMount Sinai Hospital: $500KMount Sinai Hospital$500KNew York Philharmonic: $200KNew York Philharmonic$200KUja Federation of New York: $100KUja Federation of New York$100KFordham University: $50KFordham University$50KMetropolitan Museum of Art: $28KMetropolitan Museum of Art$28KAthletes for Hope: $25KAthletes for Hope$25KNew York Presbyterian Hospital: $25KNew York Presbyterian Hospital$25KLincoln Center for the Performing Arts: $21KLincoln Center for thePerforming Arts$21KRichard Tucker Music Foundation: $17KRichard Tucker MusicFoundation$17K

Grant Size Distribution

53 grants across all recorded years

28<$50K8$50–100K10$100–250K3$250–500K4$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
NEW YORK HISTORICAL SOCIETY New York, NYUNRESTRICTED$600,000
MOUNT SINAI HOSPITAL New York, NYUNRESTRICTED$500,000
NEW YORK PHILHARMONIC New York, NYUNRESTRICTED$200,000
UJA FEDERATION OF NEW YORK New York, NYUNRESTRICTED$100,000
FORDHAM UNIVERSITY Bronx, NYUNRESTRICTED$50,000
METROPOLITAN MUSEUM OF ART New York, NYUNRESTRICTED$28,000
ATHLETES FOR HOPE Glen Echo, MDUNRESTRICTED$25,000
NEW YORK PRESBYTERIAN HOSPITAL New York, NYUNRESTRICTED$25,000
LINCOLN CENTER FOR THE PERFORMING ARTS New York, NYUNRESTRICTED$21,000
RICHARD TUCKER MUSIC FOUNDATION New York, NYUNRESTRICTED$17,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M20202021202220232024
Metric202420232022
Total Assets$4,696,663$5,321,209$5,038,154
Revenue$1,106,449$1,154,594$1,132,795
Expenses$1,730,995$871,539$1,077,595
Qualifying Distributions$1,681,500$838,000$1,019,125
Net Investment Income$452,777$142,704$397,770
Distributable Amount$288,451$253,414$252,322

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

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 is Picket Family Foundation Inc?

Picket Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $4.7M in total assets as of 2024.

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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