Quad Family Foundation

Private foundation · Grantmaker Cohoes, NY EIN: 46-3835222

Quad Family Foundation is a private foundation based in Cohoes, New York. Its 2024 filing reports grants to charitable organizations including educational institutions, a hospital, and a philanthropy-related organization.

Quad Family Foundation at a glance

In short: Quad Family Foundation gave $4.7M across 13 grants in 2024 (avg $361K), mostly in New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$4,686,593
-24.2% vs 2023
Grants made (2024)
13
-53.6% vs 2023
Average grant
$360,507
+63.3% vs 2023
Median grant
$249,953
Total assets
$62,720,660
+10.7% vs 2023
Primary geography
New York (54% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to Quad Family Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests. It states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: Co Ayco 100 Coliseum Drive, Cohoes, NY 12047
Phone: (518) 886-4358

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Quad Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Leveraged Foundation: $2.0M across 3 grantsLeveraged Foundation$2.0M · 3 grantsUniversity of North Carolina Chapel Hill: $752KUniversity of North CarolinaChapel Hill$752KThe Hun School of Princeton: $535KThe Hun School of Princeton$535KNYU Langone Hospitals DBA NYU Langone Health - Parent Corps: $400KNYU Langone Hospitals DBA NYULangone Health - Parent Corps$400KHarvard Graduate School of Education - Certificate in School Management & L: $200KHarvard Graduate School ofEducation - Certificate in…$200KHarvard Graduate School of Education - Family Teaching & Teacher Leadership: $180KHarvard Graduate School ofEducation - Family Teaching &…$180KNYU Langone Hospitals DBA NYU Langone Health - Trustee Dean's Fund: $100KNYU Langone Hospitals DBA NYULangone Health - Trustee…$100KStudents First New York: $50KStudents First New York$50KHarvard Business School - General: $20KHarvard Business School -General$20K

The largest 2024 recipient was Leveraged Foundation ($2.0M across 3 grants). Together the top 9 received $4.2M.

Organizations only. It also paid 2 grants to individuals ($450,004), which are not listed by name.

Grant Size Distribution

109 grants across all recorded years

34<$50K22$50–100K23$100–250K7$250–500K23$500K–1M$1–5M$5M+

The most common grant size was under $50K: 34 grants of 109 (31%).

Geographic Focus

Where this funder awards grants

In 2024, the largest shares of grant dollars went to recipients in New York (54%), North Carolina (20%), New Jersey (11%), Massachusetts (9%), and West Virginia (5%).

Grant Distribution by State

17states

Share of 2024 grant dollars across all 13 itemized grants.

Cities

New YorkStanfordCambridgeCohoesWashingtonBronxBaltimoreBostonChapel HillMenlo ParkSaratoga SpringsTrentonArlingtonBrooklynChicagoClevelandDallasJamaicaLawrenceMadison

How Quad Family Foundation gives

  • Giving grew 48% from 2021 to 2024. Method
  • In 2024 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M31 grants2020 19 grants2021 18 grants2022 28 grants2023 13 grants2024

From 2020 to 2024, annual grant giving ranged from $3.2M (2021) to $6.2M (2023). In 2024 it made 13 grants totaling $4.7M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of North Carolina Chapel Hill Chapel Hill, NCGeneral and Unrestricted$751,915
Leveraged Foundation Cohoes, NYGeneral and Unrestricted$750,000
Leveraged Foundation Cohoes, NYGeneral and Unrestricted$750,000
The Hun School of Princeton Prnceton, NJGeneral and Unrestricted$534,708
Leveraged Foundation Cohoes, NYGeneral and Unrestricted$500,000
NYU Langone Hospitals DBA NYU Langone Health - Parent Corps New York, NYGeneral and Unrestricted$400,000
2 grants to individuals Recipients not named —$450,004
Harvard Graduate School of Education - Certificate in School Management & L Cambridge, MAGeneral and Unrestricted$199,983
Harvard Graduate School of Education - Family Teaching & Teacher Leadership Cambridge, MAGeneral and Unrestricted$179,995
NYU Langone Hospitals DBA NYU Langone Health - Trustee Dean's Fund New York, NYGeneral and Unrestricted$100,000
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Financial History

Multi-year comparison from IRS filings

The foundation reported 13 grants in 2024, 28 in 2023, and 18 in 2022.

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$62,720,660$9,358,879$4,874,485$4,686,59313$4,717,005$6,737,378$5,903,164
2023$56,642,764$15,609,673$6,319,341$6,179,69628$6,204,505$6,763,694$4,505,073
2022$56,003,884$2,608,521$3,775,758$3,711,00018$3,716,819$3,115,541$4,202,297
2021$75,388,991$40,960,752$3,248,621$3,174,28219$3,181,994$2,443,366$3,001,937
2020$37,916,902$2,010,468$3,670,594$3,532,94831—$1,433,336$2,431,676

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.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

No foundation mission statement is provided. The 2024 grants show support for organizations including the University of North Carolina at Chapel Hill, The Hun School of Princeton, Harvard Graduate School of Education programs, NYU Langone Health, and Leveraged Foundation.

The Hun School of Princeton describes its mission as empowering students to thrive in a diverse and changing world through character development, individual mentorship, and vigorous, joyful learning. This is the grantee’s stated mission, not the foundation’s.

Grantmaking

In 2024, the foundation reported 13 grants totaling $4,686,593. Grant amounts ranged from $19,988 to $751,915, with a median of $249,953.

Among the largest reported grants were $751,915 to the University of North Carolina at Chapel Hill; three grants to Leveraged Foundation totaling $2,000,000; $534,708 to The Hun School of Princeton; and $400,000 to NYU Langone Hospitals for NYU Langone Health - Parent Corps. The listed purposes were general and unrestricted.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Meghan Mackay as co-president and director, and Allen Thorpe as co-president, director, secretary, and treasurer.

Quad Family Foundation is led by Allen Thorpe, Director, Secretary, Treasurer & Co-President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Allen Thorpe

    Director, Secretary, Treasurer & Co-President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Meghan Mackay

    Co-President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Quad Family Foundation

How much does Quad Family Foundation give each year?

Quad Family Foundation gave $4.7M across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6.2M across 28 grants.

What is Quad Family Foundation's typical grant size?

Quad Family Foundation's median grant in 2024 was $249,953, and its average grant was $360,507, across 13 grants on its 2024 IRS Form 990-PF.

Where does Quad Family Foundation give grants?

Quad Family Foundation gives mostly in New York: 54% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (20%) and New Jersey (11%). The most frequent recipient cities were Cohoes, NY (3 grants), New York, NY (3 grants) and Cambridge, MA (3 grants).

Does Quad Family Foundation give general operating support?

Yes: 100% of Quad Family Foundation's 2024 grants with a stated purpose (13 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Quad Family Foundation's largest grantees?

Quad Family Foundation's largest 2024 grantees include Leveraged Foundation ($2,000,000 across 3 grants), University of North Carolina Chapel Hill ($751,915) and The Hun School of Princeton ($534,708), according to its 2024 IRS Form 990-PF. It also paid 2 grants to individuals ($450,004), which are not listed by name. Together they received 70% of its itemized 2024 grant dollars.

How large is Quad Family Foundation?

Quad Family Foundation reported $62.7M in total assets on its 2024 IRS Form 990-PF. It paid out $4.7M in qualifying distributions that year, against a required minimum of $5.9M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Quad Family Foundation fund?

No foundation mission statement is provided. The 2024 grants show support for organizations including the University of North Carolina at Chapel Hill, The Hun School of Princeton, Harvard Graduate School of Education programs, NYU Langone Health, and Leveraged Foundation. See mission & focus areas ↑

How do I apply for a grant from Quad Family Foundation?

The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

Does Quad Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Quad Family Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/quad-family-foundation-morg_84ac536713144ffa8daff59f9474052f

BibTeX
@misc{grantable_463835222_2026,
  author       = {{Grantable}},
  title        = {{Quad Family Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/quad-family-foundation-morg_84ac536713144ffa8daff59f9474052f},
  note         = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Quad Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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