S&P Global Foundation
The S&P Global Foundation is a private foundation based in New York, New York. It describes itself as the keystone of S&P Global’s philanthropic efforts and supports the building of resilient economies through programs intended to engage employees and have an impact in communities where they live and work.
S&P Global Foundation at a glance
In short: S&P Global Foundation gave $12.7M across 10 grants in 2025 (avg $1.3M), mostly in Delaware. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $12,657,082
- -2.6% vs 2024
- Grants made (2025)
- 10
- -23.1% vs 2024
- Average grant
- $1,265,708
- +26.6% vs 2024
- Median grant
- $62,500
- Total assets
- $227,095,407
- +16.8% vs 2024
- New grantees (estimate)
- 40% first-time grantees (4 of 10, 2025; small sample)
- Primary geography
- Delaware (74% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to S&P Global Foundation
- Accepts unsolicited proposals
- No
- Invitation Only
-
The Foundation makes grants by invitation only and does not accept unsolicited requests. It funds charitable, not-for-profit organizations exempt from federal income taxation under section 501(c)(3). It does not directly fund, among other categories, individuals; fundraising events or organizations; programs promoting religious or political doctrines; political or lobbying organizations; professional associations; or private foundations. Endowments and capital campaigns are generally not supported, with exceptions by invitation only. The Foundation also states that it will not support organizations that discriminate against employees or job applicants on protected grounds.
- Contact
Mailing address: 55 Water Street, New York, NY 10041
Phone: (212) 438-3389
Website: https://spglobal.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who S&P Global Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was American Online Giving Foundation ($9.4M). Together the top 10 received $12.7M.
Grant Size Distribution
94 grants across all recorded years
The most common grant size was in the $100–250K range: 28 grants of 94 (30%).
Geographic Focus
Where this funder awards grants
The Foundation says it focuses on communities where S&P Global employees live and work. Its 2025 grants included recipients in Delaware, Washington, DC, California, and Minnesota, as well as organizations listed without a U.S. location, including the United Kingdom Online Giving Foundation and Philippine Red Cross.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
States
Cities
Is S&P Global Foundation open to new grantees?
40%
first-time grantees, 2025
In 2025, 4 of 10 grantees (40%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $129K; repeat grants $2M. How we count
Medians: $100K first-time, $50K repeat.
- 20% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+12%). Method
- In 2025 it paid out 121% of its IRS minimum distribution (the 5% rule). 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 $8.8M (2023) to $14.6M (2021). In 2025 it made 10 grants totaling $12.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Online Giving Foundation Newark, DE | Donations were made in support of employee programs and grants that promote charitable support of educational, civic, cultural, environmental, health and human service programs. | $9,413,436 |
| United Kingdom Online Giving Foundation | Donations were made in support of employee programs and grants that promote charitable support of educational, civic, cultural, environmental, health and human service programs. | $2,582,096 |
| American Red Cross Washington, DC | Donations Were Made in Support of Humanitarian/Disaster Relief. | $300,000 |
| Philippine Red Cross | Donations Were Made in Support of Humanitarian/Disaster Relief. | $150,000 |
| Project Hope Washington, DC | Donations Were Made in Support of Humanitarian/Disaster Relief. | $75,000 |
| Hopebridge | Donations Were Made in Support of Humanitarian/Disaster Relief. | $50,000 |
| GIVE2ASIA Oakland, CA | Donations Were Made in Support of Humanitarian/Disaster Relief. | $25,000 |
| World Central Kitchen Washington, DC | Donations Were Made in Support of Humanitarian/Disaster Relief. | $25,000 |
| Scholarship America Minneapolis, MN | Donations Were Made in Support of Educational Programs | $20,750 |
| Khubaib Foundation | Donations were made in support of employee programs and grants that promote charitable support of educational, civic, cultural, environmental, health and human service programs. | $15,800 |
Ready to take the next step with S&P Global Foundation?
Financial History
Multi-year comparison from IRS filings
Grant totals and counts reported for the filing years:
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $227,095,407 | $7,456,928 | $13,525,910 | $12,657,082 | 10 | $12,682,210 | $7,336,295 | $10,494,820 |
| 2024 | $194,352,381 | $7,000,432 | $13,746,097 | $12,994,998 | 13 | $13,061,495 | $6,980,671 | $10,062,914 |
| 2023 | $200,962,134 | $8,491,603 | $8,953,193 | $8,836,429 | 11 | $8,863,329 | $8,469,391 | $9,803,057 |
| 2022 | $201,423,724 | $202,612,698 | $11,465,223 | $11,327,705 | 31 | $11,336,738 | $2,464,813 | $7,983,313 |
| 2021 | $10,276,249 | $7,071,664 | $14,797,716 | $14,590,305 | 29 | $14,774,775 | $17,429 | $654,102 |
| 2020 | $18,002,301 | $12,260,033 | $11,150,308 | $10,942,630 | 13 | — | $100,853 | $953,979 |
Under IRS private-foundation payout rules, S&P Global Foundation reported a distributable amount of $10.5M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s stated aim is to support the building of resilient economies. Its stated focus includes building resilient communities through philanthropy and volunteerism, connecting S&P Global’s knowledge and skills with society’s needs, and supporting economic development.
The Foundation’s 2025 grants included support for employee programs and charitable grants in education, civic, cultural, environmental, health, and human services, as well as humanitarian and disaster relief. For example, the grantee World Central Kitchen describes its work as providing meals in response to humanitarian, climate, and community crises. Give2Asia describes its work as providing philanthropic services and facilitating compliant international grantmaking.
Grantmaking
The Foundation’s 2025 filing reports 10 grants totaling $12,657,082. Those itemized grants ranged from $15,800 to $9,413,436, with a median of $62,500. The largest listed grants were $9,413,436 to American Online Giving Foundation and $2,582,096 to United Kingdom Online Giving Foundation, both for employee programs and grants supporting charitable causes. Other listed awards included $300,000 to American Red Cross, $150,000 to Philippine Red Cross, and $75,000 to Project HOPE for humanitarian or disaster relief; $25,000 each to Give2Asia and World Central Kitchen for humanitarian or disaster relief; and $20,750 to Scholarship America for educational programs.
The Foundation and S&P Global announced StepForward, a three-year, $10 million initiative launched in December 2025 to support organizations delivering workforce readiness and AI education programs for young people. Foundation grant recipients announced in 2026 included Generation and MIT RAISE, as well as six regional nonprofits identified with MIT Solve: Bécalos, NavGurukul, NClude, Positiv, She Code Africa, and Urdu AI.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Annette O’Hanlon as chair; Chen Shulian Cheryl Cheryl Chen as president; Mark Grant as vice president; Maria Napenas as treasurer; and Elizabeth Hithersay and Pavani Thagirisa as assistant secretaries. Listed directors are Alma Montanez, Bhavesh Dayalji, Chongching Ong, and Christopher Craig.
S&P Global Foundation is led by Chen Shulian Cheryl Cheryl Chen, President since 2023 (on filings since 2022); none of the 12 officers listed in 2025 report compensation.
Officers on the 2025 filing
Chen Shulian Cheryl Cheryl Chen
President
Vice President → President, 2023
On filings since 2022
35 hrs/week
No compensation reported
Annette O'Hanlon
Chair
President → Chair, 2021
On filings since 2020
10 hrs/week
No compensation reported
Alma Montanez
Director
Secretary → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Christopher Craig
Director
Treasurer → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Chongching Ong
Director
On filings since 2024
1 hr/week
No compensation reported
Warren Breakstone
Director
On filings since 2024
1 hr/week
No compensation reported
Bhavesh Dayalji
Director
New on the 2025 filing
1 hr/week
No compensation reported
Girish Ganesan
Director
New on the 2025 filing
1 hr/week
No compensation reported
Elizabeth Hithersay
Assistant Secretary
On filings since 2024
1 hr/week
No compensation reported
Pavani Thagirisa
Assistant Secretary
On filings since 2024
1 hr/week
No compensation reported
Maria Napenas
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Mark Grant
Vice President
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (11)
- Former: Dimitra Manis (2020–2024) — Ougoing Director
- Former: Ewout Steenbergen (2020–2024) — Ougoing Director
- Former: Swamy Kocherlakota (2020–2024) — Director
- Former: Amanda Samuel (2021–2024) — Ougoing Director
- Former: Kelly Hamren-Anderson (2021–2024) — Outgoing Assistant Secretary
- Former: Edward Chidsey (2022–2024) — Ougoing Director
- Former: Grant Nicholson (2023–2024) — Outgoing Vice President
- Former: Ching Ong (2021–2023) — Director
- Former: Carolyn Cavicchio (2020–2022) — President to
- Former: Courtney Geduldig (2020–2021) — Chair to
- Former: Cheryl Chen (2021) — Vice President
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 S&P Global Foundation
How much does S&P Global Foundation give each year?
S&P Global Foundation gave $12.7M across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $13.0M across 13 grants.
What is S&P Global Foundation's typical grant size?
S&P Global Foundation's median grant in 2025 was $62,500, and its average grant was $1,265,708, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from S&P Global Foundation that year got $129K on average.
Where does S&P Global Foundation give grants?
S&P Global Foundation gives mostly in Delaware: 74% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Washington, DC (3 grants).
Does S&P Global Foundation give general operating support?
Not in 2025: none of the 10 grants with a stated purpose on S&P Global Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are S&P Global Foundation's largest grantees?
S&P Global Foundation's largest 2025 grantees include American Online Giving Foundation ($9,413,436), United Kingdom Online Giving Foundation ($2,582,096) and American Red Cross ($300,000), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.
How large is S&P Global Foundation?
S&P Global Foundation reported $227.1M in total assets on its 2025 IRS Form 990-PF. It paid out $12.7M in qualifying distributions that year, against a required minimum of $10.5M (roughly 5% of its investment assets).
What does S&P Global Foundation fund?
The Foundation’s stated aim is to support the building of resilient economies. Its stated focus includes building resilient communities through philanthropy and volunteerism, connecting S&P Global’s knowledge and skills with society’s needs, and supporting economic development. See mission & focus areas ↑
How do I apply for a grant from S&P Global Foundation?
The Foundation makes grants by invitation only and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is S&P Global Foundation's EIN?
S&P Global Foundation's EIN (Employer Identification Number) is 27-3655593. IRS Form 990 filing data is available on this page for 2020–2025.
Does S&P Global Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 21, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
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Cite this profile
Grantable. (2026). S&P Global Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/sandp-global-foundation-morg_03f302570b8044efaa8c8d1f325d56e0
BibTeX
@misc{grantable_273655593_2026,
author = {{Grantable}},
title = {{S\&P Global Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/sandp-global-foundation-morg_03f302570b8044efaa8c8d1f325d56e0},
note = {Accessed 2026-10-14. 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 S&P Global 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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