Review Foundation
Review Foundation is a private foundation based in Albany, New York. In filing year 2025, it reported 78 grants totaling $861,500, with grants going predominantly to organizations in New York.
Review Foundation at a glance
In short: Review Foundation gave $862K across 78 grants in 2025 (avg $11K), mostly in New York. 17% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $861,500
- +0.6% vs 2024
- Grants made (2025)
- 78
- +5.4% vs 2024
- Average grant
- $11,045
- -4.6% vs 2024
- Median grant
- $7,500
- Total assets
- $15,302,920
- +5.7% vs 2024
- New grantees (estimate)
- 17% first-time grantees (13 of 75, 2025)
- Primary geography
- New York (84% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Review Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 20 Corporate Woods Blvd, Albany, NY 12211
Phone: (518) 465-4747
Website: https://monthlyreview.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Review Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was St Peters Hospital Foundation ($125K). Together the top 10 received $441K.
Grant Size Distribution
401 grants across all recorded years
The most common grant size was under $50K: 385 grants of 401 (96%).
Geographic Focus
Where this funder awards grants
In 2025, 84% of grant dollars went to recipients in New York. Rhode Island received 6%, Pennsylvania and Washington, D.C. each received 2%, and Oklahoma received 1%. The listed grants also include recipients in Louisiana.
Grant Distribution by State
Share of 2025 grant dollars across all 78 itemized grants.
States
Cities
Is Review Foundation open to new grantees?
17%
first-time grantees, 2025
In 2025, 13 of 75 grantees (17%) were first-time recipients. First grants averaged $6K; repeat grants $13K. How we count
Medians: $5K first-time, $8K repeat.
- 72% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $646K (2021) to $862K (2025). In 2025 it made 78 grants totaling $862K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Peters Hospital Foundation Albany, NY | Charitable Purpose | $125,000 |
| Academy of the Holy Names Albany, NY | Charitable Purpose | $50,000 |
| Providence College Men's Basketball Providence, RI | Charitable Purpose | $50,000 |
| Saint Gregorys School Loudonville, NY | Charitable Purpose | $30,500 |
| Catholic Charities Aging Life Care Services Program Buffalo, NY | Charitable Purpose | $30,000 |
| Empire State Youth Orchestra Schenectady, NY | Charitable Purpose | $30,000 |
| Academy of the Holy Names Albany, NY | Charitable Purpose | $25,000 |
| Academy of the Holy Names Albany, NY | Charitable Purpose | $25,000 |
| Koinonia Primary Care Inc Albany, NY | Charitable Purpose | $20,000 |
| Siena College Loudonville, NY | Charitable Purpose | $20,000 |
Ready to take the next step with Review Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $15,302,920 | $2,167,195 | $1,039,566 | $861,500 | 78 | $895,241 | $1,702,027 | $966,491 |
| 2024 | $14,470,910 | $1,326,858 | $1,012,361 | $856,300 | 74 | $890,351 | $863,348 | $940,615 |
| 2023 | $13,485,226 | $608,804 | $966,813 | $815,300 | 92 | $854,098 | $278,448 | $844,228 |
| 2022 | $13,743,976 | $515,711 | $1,005,380 | $782,785 | 82 | $815,740 | $201,808 | $834,559 |
| 2021 | $14,098,798 | $5,368,366 | $760,404 | $645,950 | 75 | $673,385 | $4,956,246 | $819,898 |
| 2020 | $11,019,880 | $1,558,156 | $842,499 | $729,975 | 95 | — | $1,136,108 | $724,864 |
Under IRS private-foundation payout rules, Review Foundation reported a distributable amount of $966K for 2025 — 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 mission statement or formal grantmaking priorities are provided. The 2025 grants include support for organizations working in areas such as healthcare, education, youth services, music, and food access. For example, Koinonia Primary Care describes its work as providing patient-centered healthcare to underserved people in New York’s capital region. Youth FX says it teaches young people filmmaking and media production, and Capital Roots describes its work as improving access to fresh food and green spaces.
Grantmaking
In 2025, the foundation made 78 grants totaling $861,500. Grant amounts ranged from $1,000 to $125,000, with a median grant of $7,500.
The largest reported 2025 grant was $125,000 to St. Peter’s Hospital Foundation. Other notable grants included $50,000 to the Academy of the Holy Names and $50,000 to Providence College Men’s Basketball; $30,500 to Saint Gregory’s School; and $30,000 each to Catholic Charities Aging Life Care Services Program and Empire State Youth Orchestra. Koinonia Primary Care received $20,000. Other listed 2025 recipients included Preservation Hall Foundation, Youth FX, La Salle School Foundation, Capital Roots, and Capital Region Youth, each receiving $10,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Rhea P Clark as president, James A Clark III as vice president, Jeffrey B Clark as second vice president, Kathleen McNaull as secretary, and Elizabeth O’Haire as treasurer.
Review Foundation is led by Rhea P. Clark, President on every filing since 2020; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Rhea P. Clark
President
On filings since 2020
2 hrs/week
No compensation reported
Elizabeth O'Haire
Treasurer
On filings since 2020
1 hr/week
No compensation reported
James A. Clark III
Vice President
On filings since 2020
1 hr/week
No compensation reported
Jeffrey B. Clark
Second Vice President
On filings since 2020
1 hr/week
No compensation reported
Kathleen McNaull
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Review Foundation
How much does Review Foundation give each year?
Review Foundation gave $862K across 78 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $856K across 74 grants.
What is Review Foundation's typical grant size?
Review Foundation's median grant in 2025 was $7,500, and its average grant was $11,045, across 78 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Review Foundation that year got $6K on average.
Where does Review Foundation give grants?
Review Foundation gives mostly in New York: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Rhode Island (6%). The most frequent recipient cities were Albany, NY (29 grants), Schenectady, NY (7 grants), Troy, NY (7 grants) and Loudonville, NY (4 grants).
Who are Review Foundation's largest grantees?
Review Foundation's largest 2025 grantees include St Peters Hospital Foundation ($125,000), Academy of the Holy Names ($100,000 across 3 grants) and Providence College Men's Basketball ($50,000), according to its 2025 IRS Form 990-PF. Together they received 32% of its itemized 2025 grant dollars.
How large is Review Foundation?
Review Foundation reported $15.3M in total assets on its 2025 IRS Form 990-PF. It paid out $895K in qualifying distributions that year, against a required minimum of $966K (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 Review Foundation fund?
No mission statement or formal grantmaking priorities are provided. The 2025 grants include support for organizations working in areas such as healthcare, education, youth services, music, and food access. See mission & focus areas ↑
How do I apply for a grant from Review Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Review Foundation's EIN?
Review Foundation's EIN (Employer Identification Number) is 22-3252633. IRS Form 990 filing data is available on this page for 2020–2025.
Does Review 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
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Review Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Review Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/review-foundation-morg_7ec735b988aa484090d5ea98a157a1c3
BibTeX
@misc{grantable_223252633_2026,
author = {{Grantable}},
title = {{Review Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/review-foundation-morg_7ec735b988aa484090d5ea98a157a1c3},
note = {Accessed 2026-10-11. 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 Review 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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