Ricky Sandler Family Foundation

NEW YORK, NY EIN: 84-4667965

The Ricky Sandler Family Foundation is a private 501(c)(3) foundation based in New York, NY. Established in 2020, it operates as a family foundation focused on strategic philanthropy across education, human services, and grantmaking support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.7M

+88.4% YoY

Annual Giving

$2.5M

+11.9% YoY

Grant Count

15

-42.3% YoY

Avg Grant Size

$165K

+93.9% YoY

Under IRS private-foundation payout rules, Ricky Sandler Family Foundation reported a distributable amount of $285K 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 supports strategic organizations and exceptional leaders in the following primary areas:

  • Education
  • Human Services
  • Philanthropy, Voluntarism & Grantmaking

Grantmaking

The foundation does not accept unsolicited applications. Grantmaking is by invitation only.

Grant Range

$18,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • New York
  • North Carolina
  • Florida

Grant Distribution by State

11states
+3 more states

Cities

Boca RatonBostonBronxBrooklynChaskaDeerfield BeachDurhamGarden CityHamdenLong Island CityLos AngelesMadisonMiddletonNaplesNew HavenNew YorkOceansidePalm BeachPleasantvilleRye Brook

Financial History

Multi-year comparison from IRS filings

Assets & Giving (2023):

  • Total assets: $2.5–$4.7 million
  • Total revenues: $2,190,702
  • Total expenses: $2,244,863
  • Total giving: $2,213,200–$2,476,200
  • Giving rate: 88.4% of assets

Revenue Breakdown (2023):

  • Grants and contributions: $2,036,612
  • Investment income and dividends: $5,370
  • Net gain from sale of non-inventory assets: $148,720

Historical Growth:

  • Total grants and contributions increased 67.5% from 2022 to 2023
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M20202021202220232024
Metric202420232022
Total Assets$4,718,956$2,505,009$2,559,170
Revenue$5,250,663$2,190,702$1,639,188
Expenses$2,496,323$2,244,863$2,093,542
Qualifying Distributions$2,481,398$2,227,800$2,084,862
Net Investment Income$115,099$160,157$415,899
Distributable Amount$285,439$205,122$233,039

Giving Over Time

Total grant dollars and number of grants per year

$0$619K$1M$2M$2M16 grants202025 grants202123 grants202226 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Wisconsin …$975KDuke University$550KUJA Federation of New York$250KIsrael Tennis & Educatio…$225KThe Hewitt School$200KYUD Foundation$100KChabad at Duke Ug Inc$50KProstate Cancer Foundation$50KCentral Synagogue$36KFLORIDA ATLANTIC UNIVERS…$18K

Grant Size Distribution

105 grants across all recorded years

71<$50K11$50–100K12$100–250K6$250–500K4$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Wisconsin Foundation ($975,000), Duke University ($550,000), UJA Federation of New York ($250,000).

RecipientPurposeAmount
Duke University DURHAM, NCGENERAL SUPPORT$550,000
Chabad at Duke Ug Inc DURHAM, NCGENERAL SUPPORT$50,000
FLORIDA ATLANTIC UNIVERSITY FOUNDATION BOCA RATON, FLGENERAL SUPPORT$18,000
University of Wisconsin Foundation MADISON, WIGENERAL SUPPORT$975,000
Israel Tennis & Education Centers Foundation Deerfield Beach, FLGENERAL SUPPORT$225,000
The Hewitt School New York, NYGENERAL SUPPORT$200,000
UJA Federation of New York NEW YORK, NYGENERAL SUPPORT$250,000
Seeds for Peace New York, NYGENERAL SUPPORT$3,600
South Fork Bakery Sag Harbor, NYGENERAL SUPPORT$1,800
The Thomas A Costello Legacy Foundation Chaska, MNGeneral Support$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Ricky Sandler serves as President, Secretary, Treasurer, and Board Member. He dedicates an average of 10 hours per week to these positions and receives no compensation. Sandler is the sole contributor to the foundation, having donated over $2 million in cash in 2023.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICKY SANDLERPres., Sec, Treas., Bd. Mem.

Contact Information

Address: 399 Park Avenue, 26th Floor New York, NY 10022

EIN: 84-4667965

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Ricky Sandler Family Foundation fund?

The foundation supports strategic organizations and exceptional leaders in the following primary areas: • Education • Human Services • Philanthropy, Voluntarism & Grantmaking

How do I apply for a grant from Ricky Sandler Family Foundation?

**Grant Activity:** • Total annual giving: approximately $2.2–$2.5 million • Number of grants: 26 grants (2023) • Median grant size: $18,000 • Grant range: $2,000–$925,000 • Typical awards: $1,800–$1,000,000 **Recent Recipients (2023):** • Duke University: $400,000 • UJA-Federation of New York: $250,000 • The Hewitt School: $200,000 **Application Policy:** The foundation does not accept unsolicited applications. Grantmaking is by invitation only.

Where does Ricky Sandler Family Foundation make grants?

The foundation primarily funds organizations in: • New York • North Carolina • Florida

What size grants does Ricky Sandler Family Foundation award?

In 2024, Ricky Sandler Family Foundation awarded 15 grants totaling $2.5M — an average of about $165K per grant, based on its IRS Form 990 filings.

How much is Ricky Sandler Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ricky Sandler Family Foundation reported a distributable amount of $285K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ricky Sandler Family Foundation's EIN?

Ricky Sandler Family Foundation's EIN (Employer Identification Number) is 84-4667965. IRS Form 990 filing data is available on this page for 2020–2024.

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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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