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
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
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
204 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS F SECUNDA | PRESIDENT & TREASURER | 10 | — |
| CYNTHIA SECUNDA | VICE PRESIDENT & SECRETARY | 1 | — |
Recent News & Activity
Recent developments and announcements
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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