Prescott Foundation
Prescott Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Latham, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 2 grants totaling $15K. Net investment income was $86K.
Key facts about Prescott Foundation
- EIN
- 84-2640907
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $14,578
- Grants made (2024)
- 2
- Average grant
- $7,289
- Median grant
- $7,289
- Total assets
- $3,334,583
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Prescott Foundation gives
- Giving fell 86% from 2021 to 2024. Method
- In 2024 it paid out 131% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Prescott Foundation
- How to evaluate Prescott Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+58.2% YoY
Annual Giving
$15K
+61.6% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$7K
+304.1% YoY
Under IRS private-foundation payout rules, Prescott Foundation reported a distributable amount of $115K for 2024 — the minimum it must pay out in qualifying distributions.
About Prescott Foundation
Based on IRS filings
Prescott Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Latham, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 2 grants totaling $15K. Net investment income was $86K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,334,583 | $2,108,316 | $1,964,254 |
| Revenue | $1,111,096 | $185,846 | $155,618 |
| Expenses | $194,856 | $349,703 | $819,321 |
| Qualifying Distributions | $151,070 | $30,283 | $137,337 |
| Net Investment Income | $85,733 | $66,995 | $56,217 |
| Distributable Amount | $114,974 | $92,882 | $98,397 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
52 grants across all recorded years
Open Grants
1 open opportunity from Prescott Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Toys for Tots ($12,000), Mohawk Hudson Humane Society ($2,578).
| Recipient | Purpose | Amount |
|---|---|---|
| TOYS FOR TOTS Clifton Park, NY | CHRISTMAS GIFT DONATION. | $12,000 |
| MOHAWK HUDSON HUMANE SOCIETY Menands, NY | TO FUND CARE FOR ANIMALS | $2,578 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David Prescott | President | 1 | — |
| Melissa Prescott | Director | 1 | — |
| Gavin Prescott | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Prescott Foundation?
Prescott Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Latham, NY. It holds $3.3M in total assets as of 2024.
How large is Prescott Foundation?
As of 2024, Prescott Foundation holds $3.3M in total assets with $1.1M in annual revenue. It awarded 2 grants totaling $15K in 2024.
Where does Prescott Foundation operate?
Prescott Foundation has awarded grants in Colorado, District of Columbia, Indiana, Massachusetts, Maine, Minnesota, North Carolina, New York, Wisconsin.
What size grants does Prescott Foundation award?
In 2024, Prescott Foundation awarded 2 grants totaling $15K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Prescott Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Prescott Foundation reported a distributable amount of $115K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Prescott Foundation's EIN?
Prescott Foundation's EIN (Employer Identification Number) is 84-2640907. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.