Recanati Foundation

NEW YORK, NY EIN: 13-6113080

The Recanati Foundation is a private family foundation incorporated in 1956 and based in New York City. The foundation operates as a 501(c)(3) grantmaking organization with tax-exempt status since December 1957.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$829K

+77.3% YoY

Annual Giving

$308K

-51.4% YoY

Grant Count

-52.9% YoY

Avg Grant Size

$38K

+3.4% YoY

Under IRS private-foundation payout rules, Recanati Foundation reported a distributable amount of $65K for 2024 — 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 primarily supports medical and Jewish organizations. Additional funding focus areas include education, philanthropy, voluntarism and grantmaking, human services, COVID-19 disaster preparedness and relief, beekeeping, and organic farming and agriculture.

Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $1.6M (74%)

New Hampshire $167K (8%)

California $112K (5%)

District of Columbia $105K (5%)

New Jersey $89K (4%)

Missouri $60K (3%)

Georgia $20K (1%)

Pennsylvania $15K (1%)

States

California District of Columbia Georgia Missouri New Hampshire New Jersey New York Pennsylvania

Cities

AtcoAtlantaBrooklynHanoverLos AngelesNew YorkNew York CityPhiladelphiaSt LouisWashingtonWashington Dc

Financial History

Multi-year comparison from IRS filings

Total Assets: $828,505
Total Annual Giving: $307,972

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$828,505	$467,393	$790,816
Revenue	$809,872	$212,925	$368,757
Expenses	$330,259	$654,325	$485,514
Qualifying Distributions	$313,697	$639,067	$469,497
Net Investment Income	$45,092	$202,661	$189,015
Distributable Amount	$65,274	$47,078	$58,930

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

74 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pef Israel Endowment Funds Inc ($210,069), American Friends of the Hebrew University Inc ($30,000), America Gives Inc ($25,000).

Recipient	Purpose	Amount
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY INC NEW YORK, NY	EDUCATIONAL ENHANCEMENT AND RESEARCH	$30,000
NEW ALTERNATIVES FOR CHILDREN INC NEW YORK, NY	EDUCATIONAL ENHANCEMENT AND RESEARCH	$1,000
PEACEWORKS NETWORK FOUNDATION NEW YORK, NY	EDUCATIONAL ENHANCEMENT AND RESEARCH	$19,903
PEF ISRAEL ENDOWMENT FUNDS INC NEW YORK, NY	EDUCATIONAL ENHANCEMENT AND RESEARCH	$210,069
HOSPITAL FOR SPECIAL SURGERY NEW YORK, NY	EDUCATIONAL ENHANCEMENT AND RESEARCH	$2,000
BRIDGING INSIGHTS NEW YORK, NY	EDUCATIONAL ENHANCEMENT AND RESEARCH	$10,000
POLLYLABS FOUNDATION BROOKLYN, NY	EDUCATIONAL ENHANCEMENT AND RESEARCH	$10,000
AMERICA GIVES INC NEW YORK, NY	EDUCATIONAL ENHANCEMENT AND RESEARCH	$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

Stephen A. Gilmartin is listed as the contact person for the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TAL YANA RECANATI	DIRECTOR/MEMBER	1	—
STEPHEN A GILMARTIN	DIRECTOR/TREASURER	1	—
ARIEL RECANATI	DIRECTOR/PRESIDENT/MEMBER	1	—
DANIELLE RECANATI	MEMBER	1	—
MARGARET SLATER	SECRETARY	1	—

Recent News & Activity

Recent developments and announcements

2026

The Recanati Foundation is associated with the Recanati-Kaplan Prize, an award recognizing excellence in professional fields. Recent laureates of this prize include Mounir Ayache (2026), Khaled Alwarea (2025), and Laila Hida (first recipient). Additionally, a Recanati recipient won the 2024 Gay-Lussac Humboldt Prize.

Presenting the 2026 Recanati-Kaplan Prize Laureate: Mounir Ayache\_ - Villa\

Contact Information

Address: 220 E 42nd Street, Room 2202, New York, NY 10017-5825

Telephone: 212-251-1162

Frequently Asked Questions

What does Recanati Foundation fund?

How do I apply for a grant from Recanati Foundation?

**Grant Amounts:** Typical awards range from $1,000 to $210,069. **Total Giving:** The foundation distributed $307,972 in grants according to its most recent IRS Form 990 filing (2024). **Geographic Focus:** Grants are primarily directed to organizations in New York.

What size grants does Recanati Foundation award?

In 2024, Recanati Foundation awarded 8 grants totaling $308K — an average of about $38K per grant, based on its IRS Form 990 filings.

How much is Recanati Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Recanati Foundation reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.