Pyramid Foundation Inc

MALIBU, CA EIN: 13-6083997

Pyramid Foundation Inc is a private, independent foundation based in Malibu, California. Established in 1950 in New York, the foundation operates as a 501(c)(3) organization designated for religious, educational, charitable, scientific, literary, and other qualifying philanthropic purposes.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$268K

-89.4% YoY

Grant Count

-69.0% YoY

Avg Grant Size

$21K

-65.7% YoY

Under IRS private-foundation payout rules, Pyramid Foundation Inc reported a distributable amount of $13K 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 giving priorities include:

Jewish agencies and organizations
Health care
Education
Art and culture
Sports and recreation
Human services

Grantmaking

The foundation has experienced significant financial challenges in recent years, with 2023 expenses ($314,000) substantially exceeding revenue ($10,900).

Grant Range

$90

Average Grant

$90

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple U.S. states and cities, including:

States: California, Connecticut, District of Columbia, New York, Pennsylvania, Tennessee, Virginia

Cities: Alexandria, Bethlehem, Cheshire, Duarte, Hempstead, Los Angeles, Memphis, New Hyde Park, New York, Oceanside, Queens, Santa Barbara, Santa Monica, Washington

Grant Distribution by State

New York $2.7M (88%)

California $262K (9%)

Pennsylvania $70K (2%)

Connecticut $22K (1%)

Virginia $12K (0%)

Tennessee $11K (0%)

District of Columbia $5K (0%)

States

California Connecticut District of Columbia New York Pennsylvania Tennessee Virginia

Cities

AlexandriaBethlehemCheshireDuarteHempsteadLos AngelesMemphisNew Hyde ParkNew Hyde Park AveNew YorkOceansideQueensSanta BarbaraSanta MonicaStaten IslandVeniceWashington

Financial History

Multi-year comparison from IRS filings

As of 2023:

Total assets: $0 (reported on Form 990)
Total liabilities: $0
Total revenue: $10,900
Total expenses: $314,000
Annual giving: $268,000

Historical Assets:

2023: $316,394 (per alternative source)

Tax Status:

EIN: 13-6083997
Tax-exempt since April 1950
Filed final return as of 2023

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$316,394	$1,666,427
Revenue	$10,899	$142,648	$188,095
Expenses	$313,573	$2,577,650	$197,065
Qualifying Distributions	$272,198	$2,547,476	$171,331
Net Investment Income	—	$112,474	$162,361
Distributable Amount	$12,575	$64,031	$134,459

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 2023

Grant Size Distribution

77 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include St Johns Health Center ($100,000), Lehigh University ($50,000), Uja - Federation of New York Israel ($50,000).

Recipient	Purpose	Amount
CHESHIRE ACADEMY CHESHIRE, CT	GENERAL SUPPORT	$10,000
HOFSTRA UNIVERSITY FUND HEMPSTEAD, NY	GENERAL SUPPORT	$10,000
LEHIGH UNIVERSITY BETHLEHEM, PA	FELLOWSHIP FUND	$50,000
SALVATION ARMY ALEXANDRIA, VA	GENERAL SUPPORT	$5,000
ST JUDE CHILDREN'S RESEARCH HOSP MEMPHIS, TN	GENERAL SUPPORT	$5,000
SUNRISE DAY CAMP LONG ISLAND OCEANSIDE, NY	GENERAL SUPPORT	$10,000
CITY OF HOPE DUARTE, CA	GENERAL SUPPORT	$4,000
AMERICAN RED CROSS WASHINGTON, DC	GENERAL SUPPORT	$3,000
ST JOHNS HEALTH CENTER SANTA MONICA, CA	GENERAL SUPPORT	$100,000
COHENS CHILDREN MEDICAL CENTER QUEENS, NY	GENERAL SUPPORT	$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Michael Cohen - President, works 15 hours per week with annual compensation of $30,000

Other Directors:

Stephen Seltzer
Donna Glabman
Lisa Cohen

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
MICHAEL COHEN	PRESIDENT	15	$30,000
STEPHEN SELTZER	SECTY/TREAS	1	—
DONNA GLABMAN	DIRECTOR	1	—
LISA COHEN	DIRECTOR	1	—

Frequently Asked Questions

What does Pyramid Foundation Inc fund?

The foundation's giving priorities include: • Jewish agencies and organizations • Health care • Education • Art and culture • Sports and recreation • Human services

How do I apply for a grant from Pyramid Foundation Inc?

**Grant Activity:** • Total giving in 2023: $268,000 • Average grant size: $90 • Historical total giving: $2,522,002 (cumulative) • The foundation reports being open to new applicants **Financial Position:** The foundation has experienced significant financial challenges in recent years, with 2023 expenses ($314,000) substantially exceeding revenue ($10,900).

Where does Pyramid Foundation Inc make grants?

The foundation supports organizations across multiple U.S. states and cities, including: **States:** California, Connecticut, District of Columbia, New York, Pennsylvania, Tennessee, Virginia **Cities:** Alexandria, Bethlehem, Cheshire, Duarte, Hempstead, Los Angeles, Memphis, New Hyde Park, New York, Oceanside, Queens, Santa Barbara, Santa Monica, Washington

What size grants does Pyramid Foundation Inc award?

In 2023, Pyramid Foundation Inc awarded 13 grants totaling $268K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Pyramid Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Pyramid Foundation Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.