Sadove Family Foundation

Private foundation · Grantmaker Purchase, NY EIN: 26-1264362

Sadove Family Foundation is a private foundation, based in Purchase, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 9 grants totaling $355K. Net investment income was $282K.

Key facts about Sadove Family Foundation

In short: Sadove Family Foundation gave $355K across 9 grants in 2024 (avg $39K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
26-1264362
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$355,006
Grants made (2024)
9
Average grant
$39,445
Median grant
$25,000
Total assets
$5,594,028
Primary geography
New York (83% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.6M

-1.1% YoY

Annual Giving

$355K

+82.1% YoY

Grant Count

9

+50.0% YoY

Avg Grant Size

$39K

+21.4% YoY

Under IRS private-foundation payout rules, Sadove Family Foundation reported a distributable amount of $294K for 2024 — the minimum it must pay out in qualifying distributions.

How Sadove Family Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+9%). Method
  • In 2024 it paid out 121% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

New YorkClintonLake PlacidStamfordSaranac LakeTarrytownHagerstownJenkintownMaryland Heights

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K5 grants2020 5 grants2021 7 grants2022 6 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $195K (2023) to $355K (2024). In 2024 it made 9 grants totaling $355K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Trustees of Hamilton College: $210KTrustees of Hamilton College$210KPlay ADK: $30KPlay ADK$30KMount Sinai Medical Center: $25KMount Sinai Medical Center$25KAmericares: $25KAmericares$25KCharity Water: $25KCharity Water$25KAdirondack Foundation: $15KAdirondack Foundation$15KJewish Community Center on the Hudson Inc: $15KJewish Community Center on theHudson Inc$15KGateway PGA Reach Foundation: $10KGateway PGA Reach Foundation$10KNB Crossroads Private Markets Fund V (Ti) LP (EIN 82-4118539): $6NB Crossroads Private MarketsFund V (Ti) LP (EIN…$6

The largest 2024 recipient was Trustees of Hamilton College ($210K). Together the top 9 received $355K.

Grant Size Distribution

32 grants across all recorded years

24<$50K3$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 32 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Trustees of Hamilton College Clinton, NYUnrestricted Contribution$210,000
Play ADK Saranac Lake, NYUnrestricted Contribution$30,000
Mount Sinai Medical Center New York, NYUnrestricted Contribution$25,000
Americares Stamford, CTUnrestricted Contribution$25,000
Charity Water Hagerstown, MDUnrestricted Contribution$25,000
Adirondack Foundation Lake Placid, NYUnrestricted Contribution$15,000
Jewish Community Center on the Hudson Inc Tarrytown, NYUnrestricted Contribution$15,000
Gateway PGA Reach Foundation Maryland Heights, MOUnrestricted Contribution$10,000
NB Crossroads Private Markets Fund V (Ti) LP (EIN 82-4118539) New York, NYUnrestricted Contribution$6

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$5,594,028$5,657,034$5,133,971
Revenue$325,539$-103,917$-360,734
Expenses$413,478$253,033$366,061
Qualifying Distributions$355,006$195,014$325,000
Net Investment Income$282,067$106,821$26,115
Distributable Amount$294,389$294,847$261,879

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

Sadove Family Foundation's 2024 filing lists 5 officers; 3 of 5 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • David J. Sadove

    Co-Trustee

    On filings since 2020

    3 hrs/week

    $10K (2020) → $5K (2024)

  • Laurie Sadove

    Co-Trustee

    On filings since 2020

    3 hrs/week

    $10K (2020) → $5K (2024)

  • Stacy M. Sadove

    Co-Trustee

    On filings since 2020

    3 hrs/week

    $10K (2020) → $5K (2024)

  • Karin Sadove

    Co-Trustee

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Stephen Sadove

    Co-Trustee

    On filings since 2020

    3 hrs/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.

Compensation Overview

From 2024 IRS filing

Laurie Sadove — Co-Trustee: $5KLaurie SadoveCo-Trustee$5KDavid J Sadove — Co-Trustee: $5KDavid J SadoveCo-Trustee$5KStacy M Sadove — Co-Trustee: $5KStacy M SadoveCo-Trustee$5K

The highest reported compensation on the 2024 filing was $5K, to Laurie Sadove (Co-Trustee). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Sadove Family Foundation

How much does Sadove Family Foundation give each year?

Sadove Family Foundation gave $355K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $195K across 6 grants.

What is Sadove Family Foundation's typical grant size?

Sadove Family Foundation's median grant in 2024 was $25,000, and its average grant was $39,445, across 9 grants on its 2024 IRS Form 990-PF.

Where does Sadove Family Foundation give grants?

Sadove Family Foundation gives mostly in New York: 83% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Connecticut (7%) and Maryland (7%). The most frequent recipient cities were New York, NY (2 grants).

Does Sadove Family Foundation give general operating support?

Yes: 100% of Sadove Family Foundation's 2024 grants with a stated purpose (9 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Sadove Family Foundation's largest grantees?

Sadove Family Foundation's largest 2024 grantees include Trustees of Hamilton College ($210,000), Play ADK ($30,000) and Mount Sinai Medical Center ($25,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.

How large is Sadove Family Foundation?

Sadove Family Foundation reported $5.6M in total assets on its 2024 IRS Form 990-PF. It paid out $355K in qualifying distributions that year, against a required minimum of $294K (roughly 5% of its investment assets).

What is Sadove Family Foundation's EIN?

Sadove Family Foundation's EIN (Employer Identification Number) is 26-1264362. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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