SMF Foundationlrm Inc
SMF Foundationlrm Inc is a private foundation based in New York, New York. It reported 16 grants totaling $128,655 in 2024, supporting charitable organizations including the Foundation for AIDS Research (amfAR), the Hetrick-Martin Institute, the CFDA Foundation, and the Parrish Art Museum.
SMF Foundationlrm Inc at a glance
In short: SMF Foundationlrm Inc gave $129K across 16 grants in 2024 (avg $8K), mostly in New York. 50% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $128,655
- +6.3% vs 2023
- Grants made (2024)
- 16
- +6.7% vs 2023
- Average grant
- $8,041
- -0.3% vs 2023
- Median grant
- $6,500
- Total assets
- $3,606,923
- +12.2% vs 2023
- New grantees (estimate)
- 50% first-time grantees (6 of 12, 2024; small sample)
- Primary geography
- New York (84% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to SMF Foundationlrm Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 545 Madison Ave, New York, NY 10022
Phone: (212) 339-2100
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who SMF Foundationlrm Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Foundation for AIDS Research (Amfar) ($45K). Together the top 10 received $128K.
Grant Size Distribution
72 grants across all recorded years
The most common grant size was under $50K: 69 grants of 72 (96%).
Geographic Focus
Where this funder awards grants
In 2024, 84% of grant dollars went to recipients in New York, 8% to recipients in Washington, DC, and 8% to recipients in Connecticut.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
Cities
Is SMF Foundationlrm Inc open to new grantees?
50%
first-time grantees, 2024
In 2024, 6 of 12 grantees (50%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $7K; repeat grants $14K. How we count
Medians: $7K first-time, $8K repeat.
- 42% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−14%). Method
- In 2024 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2024, annual grant giving ranged from $72K (2020) to $150K (2021). In 2024 it made 16 grants totaling $129K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Foundation for AIDS Research (Amfar) New York, NY | Public Charity | $44,500 |
| Hetrick-Martin Institute Inc New York, NY | Public Charity | $11,000 |
| Amalgamated Charitable Foundation Inc Washington, DC | Public Charity | $10,000 |
| Yale University New Haven, CT | Public Charity | $10,000 |
| CFDA Foundation Inc New York, NY | Public Charity | $10,000 |
| The Parrish Art Museum Inc Water Mill, NY | Public Charity | $10,000 |
| The Parrish Art Museum Inc Watermill, NY | Public Charity | $9,650 |
| CFDA Foundation Inc New York, NY | Public Charity | $7,000 |
| New York Restoration Project New York, NY | Public Charity | $6,000 |
| Producer Hub New York, NY | Public Charity | $3,000 |
Ready to take the next step with SMF Foundationlrm Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,606,923 | $542,596 | $150,113 | $128,655 | 16 | $128,895 | $85,537 | $158,394 |
| 2023 | $3,214,670 | $473,530 | $140,478 | $120,980 | 15 | $121,216 | $79,858 | $132,277 |
| 2022 | $2,881,388 | $459,282 | $125,684 | $101,518 | 12 | $101,666 | $67,188 | $115,418 |
| 2021 | $2,564,151 | $-79,871 | $154,201 | $149,545 | 13 | $149,690 | $529,497 | $124,253 |
| 2020 | $2,781,862 | $296,000 | $142,604 | $72,261 | 16 | — | — | $126,339 |
Under IRS private-foundation payout rules, SMF Foundationlrm Inc reported a distributable amount of $158K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants went to organizations working in areas including fashion design, art and museums, and New York City parks and gardens. The CFDA Foundation describes its mission as promoting fashion design talent through exhibitions, awards, grants, and scholarships, including for students and designers in need. The Parrish Art Museum says it encourages appreciation of modern and contemporary art through exhibitions, education, and public programs. New York Restoration Project says it works with residents to renovate gardens, restore parks, plant trees, and promote urban agriculture.
Grantmaking
In 2024, the foundation made 16 grants totaling $128,655. Grants ranged from $150 to $44,500, with a median grant of $6,500. The largest grants included $44,500 to the Foundation for AIDS Research (amfAR), $11,000 to the Hetrick-Martin Institute, and $10,000 each to Amalgamated Charitable Foundation, Yale University, CFDA Foundation, and the Parrish Art Museum. The filing lists a further $9,650 grant to the Parrish Art Museum and a $7,000 grant to the CFDA Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Laurence Ross Milstein as director and president; Philip L. Milstein as director and vice president; Peter Grossman as director, secretary, and treasurer; and Cheryl G. Milstein as director.
SMF Foundationlrm Inc is led by Laurence Ross Milstein, Director & President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Laurence Ross Milstein
Director & President
On filings since 2020
No compensation reported
Cheryl G. Milstein
Director
On filings since 2020
No compensation reported
Peter Grossman
Director, Secretary & Treasurer
On filings since 2020
No compensation reported
Philip L. Milstein
Director & Vice President
On filings since 2020
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.
Frequently asked questions about SMF Foundationlrm Inc
How much does SMF Foundationlrm Inc give each year?
SMF Foundationlrm Inc gave $129K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $121K across 15 grants.
What is SMF Foundationlrm Inc's typical grant size?
SMF Foundationlrm Inc's median grant in 2024 was $6,500, and its average grant was $8,041, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from SMF Foundationlrm Inc that year got $7K on average.
Where does SMF Foundationlrm Inc give grants?
SMF Foundationlrm Inc gives mostly in New York: 84% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (8%) and Connecticut (8%). The most frequent recipient cities were New York, NY (12 grants) and Watermill, NY (2 grants).
Does SMF Foundationlrm Inc give general operating support?
Not in 2024: none of the 16 grants with a stated purpose on SMF Foundationlrm Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Public Charity" (16 grants).
Who are SMF Foundationlrm Inc's largest grantees?
SMF Foundationlrm Inc's largest 2024 grantees include The Foundation for AIDS Research (Amfar) ($44,500), The Parrish Art Museum Inc ($19,650 across 2 grants) and CFDA Foundation Inc ($17,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 63% of its itemized 2024 grant dollars.
How large is SMF Foundationlrm Inc?
SMF Foundationlrm Inc reported $3.6M in total assets on its 2024 IRS Form 990-PF. It paid out $129K in qualifying distributions that year, against a required minimum of $158K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does SMF Foundationlrm Inc fund?
No mission statement for the foundation is provided. Its 2024 grants went to organizations working in areas including fashion design, art and museums, and New York City parks and gardens. See mission & focus areas ↑
How do I apply for a grant from SMF Foundationlrm Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is SMF Foundationlrm Inc's EIN?
SMF Foundationlrm Inc's EIN (Employer Identification Number) is 90-0945135. IRS Form 990 filing data is available on this page for 2020–2024.
Does SMF Foundationlrm Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). SMF Foundationlrm Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/smf-foundationlrm-inc-morg_ee95860a91cb410c9b974db3adef7346
BibTeX
@misc{grantable_900945135_2026,
author = {{Grantable}},
title = {{SMF Foundationlrm Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/smf-foundationlrm-inc-morg_ee95860a91cb410c9b974db3adef7346},
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 SMF Foundationlrm Inc'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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