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Pinkerton Foundation

NEW YORK, NY EIN: 13-6206624 Website

The Pinkerton Foundation is an independent grantmaking organization established in 1966 and incorporated in Delaware. Based in New York City, the foundation supports community-based programs for children, youth, and families in economically disadvantaged areas. The foundation was founded by Robert Allan Pinkerton, a Harvard College graduate who served as chairman and CEO of Pinkerton's, Inc. for more than 35 years until his death in 1967. The foundation retains no connection with Pinkerton's, Inc., which was sold in 1983 and is now a subsidiary of Securitas AB.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$689.1M

+6.2% YoY

Annual Giving

$38.6M

+2.4% YoY

Grant Count

445

-3.7% YoY

Avg Grant Size

$87K

+6.3% YoY

Under IRS private-foundation payout rules, Pinkerton Foundation reported a distributable amount of $32.3M for 2023 — 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 purpose is to provide giving to economically disadvantaged children, youth, and families, with support also for severely learning-disabled children and adults of borderline intelligence. The foundation is interested in endeavors that:

  • Strengthen youth programming in poor communities
  • Develop an individual's competencies and instill values
  • Increase opportunities for young people to participate in society

Primary funding focus areas include:

  • After-School and Summer Learning
  • Career Readiness
  • Education
  • Youth and Family Justice
  • Science education (The Pinkerton Science Scholars program)
  • Leadership development (Pinkerton Advanced Leadership Network and Pinkerton Senior Leadership Network)

Grantmaking

Grant Range

s and Activity:**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds programs in New York City, with some activity in Mississippi and the District of Columbia.

Grant Distribution by State

30states
+22 more states

Cities

AkronAlbanyAmherstAndoverAnnandaleonhudsonArlingtonAstoriaBeavertonBethesdaBeverlyBostonBronxBronxvilleBrooklynBrookvilleBurlingtonCalabasasCambria HeightsCambridgeChicago

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $689,062,497
  • Total Revenue: $29,392,315
  • Total Expenses: $51,620,920
  • Net Income: -$22,228,605
  • Total Liabilities: $29,000,000

Revenue Composition (2023):

  • Investment income and dividends: $8,921,078
  • Net gain from sale of non-inventory assets: $20,471,237

Tax Status:

  • EIN: 13-6206624
  • 501(c)(3) organization
  • Tax-exempt since August 1966
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18M$37M$55M$74M2020202120222023
Metric202320222021
Total Assets$689,062,497$649,124,106$842,095,038
Revenue$29,392,315$13,020,940$66,922,248
Expenses$51,620,920$50,193,972$43,747,279
Qualifying Distributions$42,479,041$41,270,683$36,623,398
Net Investment Income$22,908,934$6,914,438$61,127,467
Distributable Amount$32,305,989$34,250,945$38,242,680

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$19M$29M$39M476 grants2020447 grants2021462 grants2022445 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Good Shepherd Services$850KCenter for New York City…$600KMadison Square Boys & Gi…$425KLegal Outreach Inc$275KCenter for Family Life i…$250KCenter for NuLeadership …$200KLife Camps Inc$200KHYPOTHEkids Inc$175KJewish Home Lifecare$175KThe Knowledge House$165K

Grant Size Distribution

200 grants across all recorded years

63<$50K68$50–100K61$100–250K6$250–500K2$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Pinkerton Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Good Shepherd Services ($850,000), Center for New York City Affairs at The New School ($600,000), Madison Square Boys & Girls Club Foundation Inc ($425,000).

RecipientPurposeAmount
Culture For One New York, NYAfter School & Summer Learning$30,000
Getting Out and Staying Out Inc New York, NYYouth and Family Justice$150,000
Bronx Documentary Center Bronx, NYCareer Readiness$50,000
Breakthrough New York New York, NYEducation$120,000
BREATHE Circles Albany, NYYouth and Family Justice$100,000
Center for NuLeadership on Urban Solutions Inc Brooklyn, NYYouth and Family Justice$200,000
Life Camps Inc Jamaica, NYYouth and Family Justice$200,000
America On Tech New York, NYCareer Readiness$150,000
BioBus Inc New York, NYCareer Readiness$100,000
Legal Outreach Inc Long Island City, NYEducation$275,000

Leadership & Key People

Leadership team and compensation from IRS filings

Richard M. Smith serves as President & CEO. The foundation employs 11 staff members.

Compensation Overview

From 2023 IRS filing

RICHARD M SMITHPRESIDENT$469KROBERT GOULDTRUSTEE$250KJAMES PIERESONTREASURER$25K

From 2023 filing

NameTitleHoursCompensation
DANIEL L MOSLEYCHAIRMAN1
JOAN COLELLOEXECUTIVE DIRECTOR EMERITUS1
JAMES PIERESONTREASURER2$25,000
RICHARD M SMITHPRESIDENT35$468,722
ROBERT GOULDTRUSTEE15$250,000
MARNIE PILLSBURYSECRETARY2
ROY WEATHERSTRUSTEE2
HEATHER A BENJAMINTRUSTEE2
FATIMA SHAMATRUSTEE2

Frequently Asked Questions

What does Pinkerton Foundation fund?

The foundation's purpose is to provide giving to economically disadvantaged children, youth, and families, with support also for severely learning-disabled children and adults of borderline intelligence. The foundation is interested in endeavors that: • Strengthen youth programming in poor communities • Develop an individual's competencies and instill values • Increase opportunities for young people to participate in society Primary funding focus areas include: • After-School and Summer Learning

How do I apply for a grant from Pinkerton Foundation?

**Grant Sizes and Activity:** • Typical grant awards range from $400,000 to $850,000 • Total giving in 2023: $38,626,140 • Made 349+ grants in 2023 **Recent Grant Examples (2023):** • Good Shepherd Services: $850,000 (After School & Summer Learning) • Tomorrows Leaders NYC: $500,000 (Youth and Family Justice) • Community Connections for Youth: $500,000 (Youth and Family Justice) • Friends of the Children NY: $1,500,000

Where does Pinkerton Foundation make grants?

The foundation primarily funds programs in New York City, with some activity in Mississippi and the District of Columbia.

What size grants does Pinkerton Foundation award?

In 2023, Pinkerton Foundation awarded 445 grants totaling $38.6M — an average of about $87K per grant, based on its IRS Form 990 filings.

How much is Pinkerton Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Pinkerton Foundation reported a distributable amount of $32.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pinkerton Foundation's EIN?

Pinkerton Foundation's EIN (Employer Identification Number) is 13-6206624. IRS Form 990 filing data is available on this page for 2020–2023.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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