Platt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 24 grants totaling $279K. Net investment income was $79K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
-3.4% YoY
Annual Giving
$279K
+126.5% YoY
Grant Count
24
+9.1% YoY
Avg Grant Size
$12K
+107.6% YoY
Under IRS private-foundation payout rules, Platt Family Foundation Inc reported a distributable amount of $131K for 2024 — the minimum it must pay out in qualifying distributions.
About Platt Family Foundation Inc
Based on IRS filings
Platt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 24 grants totaling $279K. Net investment income was $79K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,682,041 | $2,777,676 | $2,939,249 |
| Revenue | $211,239 | $-16,282 | $-194,164 |
| Expenses | $306,874 | $145,291 | $104,947 |
| Qualifying Distributions | $295,924 | $138,274 | $98,674 |
| Net Investment Income | $78,868 | $95,026 | $54,980 |
| Distributable Amount | $131,123 | $127,957 | $135,503 |
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
119 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Louisiana Music and Heritage Experience Inc ($100,000), Son of a Saint ($25,000), Song Summit Foundation Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A BETTER CHANCE OF WESTPORT INC WESTPORT, CT | General & Unrestricted | $500 |
| AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO NEW YORK, NY | General & Unrestricted | $500 |
| CHRIST & HOLY TRINITY CHURCH WESTPORT, CT | General & Unrestricted | $6,000 |
| CIRCLE OF CARE FOR FAMILIES WITH CANCER WILTON, CT | Charitable Event | $3,500 |
| DUKE UNIVERSITY DURHAM, NC | General & Unrestricted | $2,500 |
| FAIRFIELD THEATRE COMPANY INC FAIRFIELD, CT | New chapter in FTC lore | $10,000 |
| FJC NEW YORK, NY | Forest-Pfeiffer Kidney Match Fund | $15,000 |
| FOXG1 RESEARCH INC SANDS POINT, NY | General & Unrestricted | $2,000 |
| FRIENDS OF THE ISRAEL DEFENSE FORCES NEW YORK, NY | General & Unrestricted | $15,000 |
| KID SMART NEW ORLEANS, LA | General & Unrestricted | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ben Platt | Dir, Treas | 1 | — |
| Georgiana Platt | Dir, VP | 1 | — |
| Ira Platt | Pres, Dir | 1 | — |
| Jeremy Platt | Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Platt Family Foundation Inc?
Platt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $2.7M in total assets as of 2024.
How large is Platt Family Foundation Inc?
As of 2024, Platt Family Foundation Inc holds $2.7M in total assets with $211K in annual revenue. It awarded 24 grants totaling $279K in 2024.
Where does Platt Family Foundation Inc operate?
Platt Family Foundation Inc has awarded grants in Connecticut, District of Columbia, Florida, Georgia, Louisiana, Massachusetts, North Carolina, New York, Ohio, Oregon, Texas, Utah, Vermont.
What size grants does Platt Family Foundation Inc award?
In 2024, Platt Family Foundation Inc awarded 24 grants totaling $279K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Platt Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Platt Family Foundation Inc reported a distributable amount of $131K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Platt Family Foundation Inc's EIN?
Platt Family Foundation Inc's EIN (Employer Identification Number) is 84-1979492. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Platt Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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