Secunda Family Foundation Inc

NEW YORK, NY EIN: 20-5968142

Secunda Family Foundation Inc is a private grantmaking foundation established in 2008 and located in New York, NY. The foundation operates as a 501(c)(3) charitable organization with a focus on philanthropic giving across multiple sectors including environmental conservation, healthcare, arts and culture, Jewish causes, and disaster relief.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$278.1M

+18.0% YoY

Annual Giving

$11.5M

-11.7% YoY

Grant Count

50

+35.1% YoY

Avg Grant Size

$231K

-34.7% YoY

Under IRS private-foundation payout rules, Secunda Family Foundation Inc reported a distributable amount of $13.7M 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 does not maintain a publicly stated mission statement. However, its primary funding priorities include:

  • Environmental Conservation – Particularly national and local parks preservation
  • Healthcare and Disease Research – Medical advancement and research initiatives
  • Jewish Causes – Community and cultural support
  • Arts and Culture – Cultural institutions and artistic endeavors
  • Disaster Relief – Including hurricane rebuilding and public safety projects in the United States Virgin Islands

The foundation also supports technical assistance and implementation of hurricane rebuilding projects and public safety programs in the U.S. Virgin Islands, as well as statewide innovation and groundbreaking research through subsidized access to computing resources for the public good.

Grantmaking

Since 2020, the foundation has awarded 161 individual grants totaling $61.5 million.

Grant Range

** $5,000 to $1,000,000

Invitation Only

** Invitation only – does not accept unsolicited proposals

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Geographic Focus

Where this funder awards grants

The foundation maintains a national focus with particular concentration in the New York and Greater New York City area. The foundation also has significant involvement in the United States Virgin Islands, particularly in hurricane rebuilding and disaster relief efforts.

Grant Distribution by State

11states
+4 more states

Cities

AlbanyAlexandriaArdsleyBaltimoreBinghamtonBrattleboroBronxBrooklynClaremontCroton On HudsonCrotononhudsonDeer IsleDenverGalesburgIthacaLos AngelesMidlandNew YorkOssiningPleasantville

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $235.6 million to $236 million
  • Total Revenue: $36.2 million to $36.2 million
  • Total Expenses: $14.8 million to $14.8 million
  • Total Liabilities: $0
  • Investments: $226.7 million
  • Annual Giving: $13.5 million

Staffing: 0 employees (foundation operates without staff)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16M$31M$47M$63M20202021202220232024
Metric202420232022
Total Assets$278,076,755$235,574,598$214,210,586
Revenue$56,991,225$36,243,827$13,614,463
Expenses$14,407,573$14,849,808$13,235,672
Qualifying Distributions$12,376,654$13,480,871$11,936,968
Net Investment Income$38,437,153$23,921,590$8,765,442
Distributable Amount$13,691,806$11,169,905$11,088,696

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$7M$10M$13M36 grants202043 grants202138 grants202237 grants202350 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WHYHUNGER INC$1.8MLOVE CITY STRONG INC$1.5MFUND FOR THE CITY OF NEW…$1.2MMANHATTAN THEATRE CLUB INC$1.0MNATIONAL MUSEUM OF MATHE…$1.0MTARGET ALS FOUNDATION INC$700KAMERICAN SOCIETY FOR TEC…$500KJOHNS HOPKINS UNIVERSITY$500KUNIVERSITY OF CALIFORNIA…$500KMANHATTAN THEATRE CLUB INC$311K

Grant Size Distribution

204 grants across all recorded years

57<$50K53$50–100K23$100–250K24$250–500K19$500K–1M28$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Whyhunger Inc ($1,750,000), Love City Strong Inc ($1,500,000), Fund for the City of New York Inc ($1,200,000).

RecipientPurposeAmount
ALL STARS PROJECT INC NEW YORK, NYGENERAL PURPOSE CONTRIBUTION$25,000
AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC NEW YORK, NYGENERAL PURPOSE CONTRIBUTION$500,000
BLACK THEATRE UNITED INC NEW YORK, NYGENERAL PURPOSE CONTRIBUTION$25,925
CENTRAL PARK CONSERVANCY INC NEW YORK, NYGENERAL PURPOSE CONTRIBUTION$250,000
CONSUMER REPORTS INC YONKERS, NYGENERAL PURPOSE CONTRIBUTION$2,000
CRAFT EMERGENCY RELIEF FUND INC BRATTLEBORO, VTGENERAL PURPOSE CONTRIBUTION$2,500
CROTON ACADEMY OF ARTS CROTON ON HUDSON, NYGENERAL PURPOSE CONTRIBUTION$50,000
CROTON CARING COMMITTEE INC CROTON ON HUDSON, NYGENERAL PURPOSE CONTRIBUTION$2,500
CROTON COMMUNITY NURSERY SCHOOL CROTON ON HUDSON, NYGENERAL PURPOSE CONTRIBUTION$50,000
CROTON HARMON HIGH SCHOOL PTSA CROTON ON HUDSON, NYGENERAL PURPOSE CONTRIBUTION$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Founders: Thomas and Cynthia "Cindy" Secunda

Thomas Secunda is a co-founder and Vice Chairman of Bloomberg L.P. with an estimated net worth of $5.4 billion (per one source) or $1.94 billion (per another source). Thomas and Cynthia Secunda are signatories of the Giving Pledge, committing to give away at least half of their wealth to philanthropy. Thomas Secunda received the Simon Wiesenthal Center's award in 2012 for his philanthropic work.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS F SECUNDAPRESIDENT & TREASURER10
CYNTHIA SECUNDAVICE PRESIDENT & SECRETARY1

Recent News & Activity

Recent developments and announcements

2017

The foundation has been actively involved in supporting major research initiatives, including a $10.5 million grant to Cornell Tech for artificial intelligence research. The foundation continues its significant involvement in U.S. Virgin Islands reconstruction efforts following the 2017 hurricane, with ongoing technical support and implementation of rebuilding projects and public safety programs in the territory.

Cleary nabs big grant to support on-campus Secunda museum \u2013 The Livingston\

Contact Information

Mailing Address: Secunda Family Foundation P.O. Box 1510 New York, NY 10150

Phone: (212) 583-6001

Note: The foundation does not maintain a public website and does not accept unsolicited funding requests.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Secunda Family Foundation Inc fund?

The foundation does not maintain a publicly stated mission statement. However, its primary funding priorities include: • **Environmental Conservation** – Particularly national and local parks preservation • **Healthcare and Disease Research** – Medical advancement and research initiatives • **Jewish Causes** – Community and cultural support • **Arts and Culture** – Cultural institutions and artistic endeavors • **Disaster Relief** – Including hurricane rebuilding and public safety projects in t…

How do I apply for a grant from Secunda Family Foundation Inc?

**Grant Range:** $5,000 to $1,000,000 **Application Process:** Invitation only – does not accept unsolicited proposals **Recent Grant Activity (2023):** • Total grants distributed: $8,780,000 to $13.5 million • Number of grantees: 39 organizations • Notable 2023 grants include: • WhyHunger: $1,750,000 • Fund for the City of New York (FCNY): $1,750,000 • Love City Strong: $1,500,000 **Historical Grant Activity:** Since 2020, the foundation has awarded 161 individual grants totaling $61.5 million.

Where does Secunda Family Foundation Inc make grants?

The foundation maintains a national focus with particular concentration in the New York and Greater New York City area. The foundation also has significant involvement in the United States Virgin Islands, particularly in hurricane rebuilding and disaster relief efforts.

What size grants does Secunda Family Foundation Inc award?

In 2024, Secunda Family Foundation Inc awarded 50 grants totaling $11.5M — an average of about $231K per grant, based on its IRS Form 990 filings.

How much is Secunda Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Secunda Family Foundation Inc reported a distributable amount of $13.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Secunda Family Foundation Inc's EIN?

Secunda Family Foundation Inc's EIN (Employer Identification Number) is 20-5968142. 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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