The Quad Family Foundation is a private family foundation based in Cohoes, New York, established in 2014. Operating as a 501(c)(3) organization, it functions as a private grantmaking foundation with a selective, invitation-only approach to philanthropy. The foundation does not maintain a public website and does not accept unsolicited applications.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$62.7M
+10.7% YoY
Annual Giving
$4.7M
-24.2% YoY
Grant Count
13
-53.6% YoY
Avg Grant Size
$361K
+63.3% YoY
Under IRS private-foundation payout rules, Quad Family Foundation reported a distributable amount of $5.9M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding priorities center on:
- Educational Leadership Development: A significant focus area with multiple grants supporting educational institutions and leadership initiatives
- Education: Supporting educational institutions and equity-focused programs
- Philanthropy, Voluntarism & Grantmaking: Supporting other philanthropic organizations and initiatives
Grantmaking
Grant Range
s**:
Average Grant
$886
How to Apply
**: The foundation does not accept unsolicited applications. Grants are awarded at the discretion of the trustees to organizations they have identified and selected.
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across multiple U.S. states and cities, with primary focus areas including:
- New York
- Massachusetts
- North Carolina
- New Jersey
- California
- Connecticut
- Maryland
- Tennessee
- Virginia
- Washington, D.C.
- Illinois
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (Most Recent Data):
- Total Assets: $62,720,660 (2024)
- Total Giving: $4,686,593 (2024)
- Annual Expenses: $4,874,485 (2024)
- Total Revenue: $9,358,879 (2024)
Historical Context:
- 2023 Total Assets: $56,642,764
- 2023 Total Giving: $6,319,341
- 2023 Revenue: $15,609,673
Grant Distribution:
- Total Grants (Previous Year): 4,361
- Percentage of New Applicants Funded: 12%
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $62,720,660 | $56,642,764 | $56,003,884 |
| Revenue | $9,358,879 | $15,609,673 | $2,608,521 |
| Expenses | $4,874,485 | $6,319,341 | $3,775,758 |
| Qualifying Distributions | $4,717,005 | $6,204,505 | $3,716,819 |
| Net Investment Income | $6,737,378 | $6,763,694 | $3,115,541 |
| Distributable Amount | $5,903,164 | $4,505,073 | $4,202,297 |
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
109 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of North Carolina Chapel Hill ($751,915), Leveraged Foundation ($750,000), Leveraged Foundation ($750,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HARVARD BUSINESS SCHOOL - GENERAL CAMBRIDGE, MA | GENERAL AND UNRESTRICTED | $19,988 |
| HARVARD GRADUATE SCHOOL OF EDUCATION - FAMILY TEACHING & TEACHER LEADERSHIP CAMBRIDGE, MA | GENERAL AND UNRESTRICTED | $179,995 |
| HARVARD GRADUATE SCHOOL OF EDUCATION - CERTIFICATE IN SCHOOL MANAGEMENT & L CAMBRIDGE, MA | GENERAL AND UNRESTRICTED | $199,983 |
| LEVERAGED FOUNDATION COHOES, NY | GENERAL AND UNRESTRICTED | $500,000 |
| LEVERAGED FOUNDATION COHOES, NY | GENERAL AND UNRESTRICTED | $750,000 |
| LEVERAGED FOUNDATION COHOES, NY | GENERAL AND UNRESTRICTED | $750,000 |
| NYU LANGONE HOSPITALS DBA NYU LANGONE HEALTH - PARENT CORPS NEW YORK, NY | GENERAL AND UNRESTRICTED | $400,000 |
| NYU LANGONE HOSPITALS DBA NYU LANGONE HEALTH - TRUSTEE DEAN'S FUND NEW YORK, NY | GENERAL AND UNRESTRICTED | $100,000 |
| STUDENTS FIRST NEW YORK NEW YORK, NY | GENERAL AND UNRESTRICTED | $50,000 |
| THE HUN SCHOOL OF PRINCETON PRNCETON, NJ | GENERAL AND UNRESTRICTED | $534,708 |
Leadership & Key People
Leadership team and compensation from IRS filings
Co-Presidents & Directors:
- Meghan Mackay: Co-President and Director (uncompensated). Holds a Doctor of Education from NYU Steinhardt and is a Stanford University alumna. Founded LeveragED Foundation, an operating foundation focused on school leadership development.
- Allen Thorpe: Co-President and Director (uncompensated). Stanford University alumnus dedicated to education equity and leadership development.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MEGHAN MACKAY | CO-PRESIDENT, DIRECTOR | 1 | — |
| ALLEN THORPE | DIR, SEC, TREAS, CO-PRESIDENT | 1 | — |
Contact Information
Address: Cohoes, NY 12047
Phone: 518-886-4358
Note: The foundation does not have a public website, email address, or phone line for grant inquiries. All contact should be directed through official channels, though the foundation's invitation-only model means unsolicited inquiries are not accepted.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Quad Family Foundation fund?
The foundation's primary funding priorities center on: • **Educational Leadership Development**: A significant focus area with multiple grants supporting educational institutions and leadership initiatives • **Education**: Supporting educational institutions and equity-focused programs • **Philanthropy, Voluntarism & Grantmaking**: Supporting other philanthropic organizations and initiatives
How do I apply for a grant from Quad Family Foundation?
**Grant Approach**: The Quad Family Foundation operates exclusively through an invitation-only model, making contributions only to preselected charitable organizations. The foundation does not operate formal grant programs with specific application cycles or categories. **Grant Sizes**: • Grant range: $20,000 to $752,000 • Median grant: $250,000 • Average grant size: $886 **Recent Grant Activity**: • University of North Carolina at Chapel Hill: $751,915 (2024) • LeveragEd Foundation: $750,000 (…
Where does Quad Family Foundation make grants?
The foundation supports initiatives across multiple U.S. states and cities, with primary focus areas including: • New York • Massachusetts • North Carolina • New Jersey • California • Connecticut • Maryland • Tennessee • Virginia • Washington, D.C. • Illinois
What size grants does Quad Family Foundation award?
In 2024, Quad Family Foundation awarded 13 grants totaling $4.7M — an average of about $361K per grant, based on its IRS Form 990 filings.
How much is Quad Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Quad Family Foundation reported a distributable amount of $5.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Quad Family Foundation's EIN?
Quad Family Foundation's EIN (Employer Identification Number) is 46-3835222. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Quad Family Foundation's focus areas in our free grants database
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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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