Sadove Family Foundation
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
Share of 2024 grant dollars across all 9 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 24 grants of 32 (75%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trustees of Hamilton College Clinton, NY | Unrestricted Contribution | $210,000 |
| Play ADK Saranac Lake, NY | Unrestricted Contribution | $30,000 |
| Mount Sinai Medical Center New York, NY | Unrestricted Contribution | $25,000 |
| Americares Stamford, CT | Unrestricted Contribution | $25,000 |
| Charity Water Hagerstown, MD | Unrestricted Contribution | $25,000 |
| Adirondack Foundation Lake Placid, NY | Unrestricted Contribution | $15,000 |
| Jewish Community Center on the Hudson Inc Tarrytown, NY | Unrestricted Contribution | $15,000 |
| Gateway PGA Reach Foundation Maryland Heights, MO | Unrestricted Contribution | $10,000 |
| NB Crossroads Private Markets Fund V (Ti) LP (EIN 82-4118539) New York, NY | Unrestricted Contribution | $6 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- 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
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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