Pine Island Collaborative
Pine Island Collaborative is a private foundation based in New York, New York. Its 2024 filing reports grants to charitable organizations working in areas including medical research and treatment, education, youth development, humanitarian assistance, and support for veterans.
Pine Island Collaborative at a glance
In short: Pine Island Collaborative gave $451K across 22 grants in 2024 (avg $20K), top state Texas. 18% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $450,900
- -62.0% vs 2023
- Grants made (2024)
- 22
- -8.3% vs 2023
- Average grant
- $20,495
- -58.6% vs 2023
- Median grant
- $11,950
- Total assets
- $15,112,742
- +49.0% vs 2023
- New grantees (estimate)
- 18% first-time grantees (4 of 22, 2024; small sample)
- Primary geography
- Texas (33% 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 Pine Island Collaborative
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Co 1 Penn Plaza Ste 660, New York, NY 10119
Phone: (212) 997-0600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Pine Island Collaborative funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was UT Southwest Medical Center ($150K). Together the top 10 received $385K.
Grant Size Distribution
108 grants across all recorded years
The most common grant size was under $50K: 91 grants of 108 (84%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that grant dollars went to recipients in several states. The largest reported shares were Texas and New York, at 33% each, followed by Florida and Minnesota, at 11% each, and Connecticut, at 4%.
Grant Distribution by State
Share of 2024 grant dollars across all 22 itemized grants.
States
Cities
Is Pine Island Collaborative open to new grantees?
18%
first-time grantees, 2024
In 2024, 4 of 22 grantees (18%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $27K; repeat grants $19K. How we count
Medians: $29K first-time, $8K repeat.
- 64% of 2024 grantees were also funded in 2023. Method
- Giving fell 52% from 2021 to 2024. Method
- In 2024 it paid out 74% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 $389K (2022) to $1.4M (2020). In 2024 it made 22 grants totaling $451K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UT Southwest Medical Center Dallas, TX | To Help Researchers and Physicians with Funding Researches | $150,000 |
| University of Florida Foundation Inc Gainsville, FL | To help strengthen, benefit and assist the university of Florida | $50,000 |
| International Rescue Committee (IRC) Albert Lea, MN | To Help People Affected by Humanitarian Crises | $45,000 |
| National Jewish Hospital New York, NY | To help with healing patients and support treatment for several conditions | $30,000 |
| The School of American Ballet New York, NY | To Provide Resources for Dancers to Succeed | $30,000 |
| Squash Haven New Haven, CT | To empower youth maintain school success and physical wellness | $20,000 |
| Bob Woodruff Family Foundation New York, NY | To support veterans by addressing mental and health issues | $15,000 |
| Carver Center Port Chester, NY | To Support Youth's Education | $15,000 |
| The East Harlem School at Exodus New York, NY | To fund after- school and summer programs facilities in east harlem community | $15,000 |
| The Ministry of Caring Inc Wilmington, DE | To help serve the needs of the poor and homeless | $15,000 |
Ready to take the next step with Pine Island Collaborative?
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 | $15,112,742 | $9,502,643 | $503,543 | $450,900 | 22 | $456,650 | $4,884,093 | $618,401 |
| 2023 | $10,140,940 | $-749,446 | $1,241,846 | $1,187,286 | 24 | $1,187,286 | $134,151 | $469,309 |
| 2022 | $12,225,632 | $-634,009 | $602,166 | $388,500 | 11 | $388,500 | $175,182 | $494,542 |
| 2021 | $13,162,263 | $392,471 | $984,376 | $932,543 | 25 | $932,543 | $435,680 | $503,245 |
| 2020 | $13,272,916 | $299,206 | $1,449,737 | $1,426,782 | 26 | — | $358,627 | $598,857 |
Under IRS private-foundation payout rules, Pine Island Collaborative reported a distributable amount of $618K 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 mission statement for the foundation is provided. Its reported grants show support for organizations with varied purposes. For example, Squash Haven describes its work as promoting academic, athletic, and personal growth for New Haven youth; the Bob Woodruff Family Foundation says it works to help veterans, service members, their families, and caregivers thrive; and FRAXA Research Foundation says its mission is to find treatments and a cure for Fragile X syndrome. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2024, the foundation reported 22 grants totaling $450,900. Grant amounts ranged from $1,000 to $150,000, with a median of $11,950.
Among the largest reported grants were $150,000 to UT Southwestern Medical Center for research; $50,000 to the University of Florida Foundation to benefit the university; $45,000 to the International Rescue Committee to help people affected by humanitarian crises; and $30,000 each to National Jewish Hospital and the School of American Ballet. Other notable grants included $20,000 to Squash Haven and $15,000 each to the Bob Woodruff Family Foundation, Carver Center, The East Harlem School at Exodus, and The Ministry of Caring. The foundation also gave $5,000 to FRAXA Research Foundation and $1,000 to Rye Free Reading Room.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mark A Walsh, Lisa J Walsh, Mark P Walsh, and Stephen Walsh as trustees.
Pine Island Collaborative's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lisa J. Walsh
Trustee
On filings since 2020
10 hrs/week
No compensation reported
Mark P. Walsh
Trustee
On filings since 2020
10 hrs/week
No compensation reported
Stephen Walsh
Trustee
New on the 2024 filing
10 hrs/week
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 Pine Island Collaborative
How much does Pine Island Collaborative give each year?
Pine Island Collaborative gave $451K across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.2M across 24 grants.
What is Pine Island Collaborative's typical grant size?
Pine Island Collaborative's median grant in 2024 was $11,950, and its average grant was $20,495, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Pine Island Collaborative that year got $27K on average.
Where does Pine Island Collaborative give grants?
Pine Island Collaborative's top state is Texas, with 33% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (33%) and Florida (11%). The most frequent recipient cities were New York, NY (6 grants), Rye, NY (3 grants) and Bronx, NY (2 grants).
Does Pine Island Collaborative give general operating support?
Not in 2024: none of the 22 grants with a stated purpose on Pine Island Collaborative's 2024 IRS Form 990-PF were described as general or operating support.
Who are Pine Island Collaborative's largest grantees?
Pine Island Collaborative's largest 2024 grantees include UT Southwest Medical Center ($150,000), University of Florida Foundation Inc ($50,000) and International Rescue Committee (IRC) ($45,000), according to its 2024 IRS Form 990-PF. Together they received 54% of its itemized 2024 grant dollars.
How large is Pine Island Collaborative?
Pine Island Collaborative reported $15.1M in total assets on its 2024 IRS Form 990-PF. It paid out $457K in qualifying distributions that year, against a required minimum of $618K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Pine Island Collaborative fund?
No mission statement for the foundation is provided. Its reported grants show support for organizations with varied purposes. See mission & focus areas ↑
How do I apply for a grant from Pine Island Collaborative?
The foundation states that it 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 Pine Island Collaborative's EIN?
Pine Island Collaborative's EIN (Employer Identification Number) is 20-3911283. IRS Form 990 filing data is available on this page for 2020–2024.
Does Pine Island Collaborative 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
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Cite this profile
Grantable. (2026). Pine Island Collaborative funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/pine-island-collaborative-morg_b752649606b243fbb17a6d6d5363a80b
BibTeX
@misc{grantable_203911283_2026,
author = {{Grantable}},
title = {{Pine Island Collaborative funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/pine-island-collaborative-morg_b752649606b243fbb17a6d6d5363a80b},
note = {Accessed 2026-10-13. 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 Pine Island Collaborative'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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