St Luke's Nurses Benefit Fund

Foundation · Grantmaker Rye, NY EIN: 13-6164433

St Luke's Nurses Benefit Fund is a private foundation, based in Rye, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $304K in total assets. In 2024, it awarded 7 grants totaling $35K. Net investment income was $29K.

Key facts about St Luke's Nurses Benefit Fund

EIN: 13-6164433
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $35,300
Grants made (2024): 7
Average grant: $5,043
Median grant: $5,000
Total assets: $303,892
Primary geography: New York (75% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who St Luke's Nurses Benefit Fund funds

By grant dollars, the top recipient states for St Luke's Nurses Benefit Fund's 7 itemized 2024 grants were New York (75%), Montana (14%) and Kentucky (11%). The most frequent recipient cities were Guilderland, NY (2 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarships" (4 grants) and "Grant" (3 grants).

How St Luke's Nurses Benefit Fund gives

Giving grew 74% from 2021 to 2024. Method
In 2024 it paid out 153% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with St Luke's Nurses Benefit Fund

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$304K

-8.2% YoY

Annual Giving

$35K

+47.1% YoY

Grant Count

+75.0% YoY

Avg Grant Size

$5K

-16.0% YoY

Under IRS private-foundation payout rules, St Luke's Nurses Benefit Fund reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About St Luke's Nurses Benefit Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $26K (75%)

Montana $5K (14%)

Kentucky $4K (11%)

Share of all 7 itemized 2024 grant dollars.

States

California Connecticut Florida Kentucky Montana New Jersey New York

Cities

GuilderlandPabloHydenNew YorkVictorAtlantic HighlandsBrooklynEast NorwichHaydenMastic BeachPompano BeachSanta MonicaStinettWindstadtYeaddiss

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$303,892	$330,913	$368,759
Revenue	$29,184	$7,842	$25,943
Expenses	$57,042	$44,982	$57,645
Qualifying Distributions	$35,300	$24,000	$35,750
Net Investment Income	$29,184	$9,560	$23,043
Distributable Amount	$23,141	$23,069	$27,184

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Nurses House Inc ($10,000), Foundation of Nys Nurses ($8,000), Elizabeth Goodrich Millikan ($5,000).

Recipient	Purpose	Amount
NURSES HOUSE INC Guilderland, NY	GRANT	$10,000
FOUNDATION OF NYS NURSES Guilderland, NY	SCHOLARSHIPS	$8,000
ELIZABETH GOODRICH MILLIKAN Victor, NY	GRANT	$5,000
SKC FOUNDATION Pablo, MT	SCHOLARSHIPS	$5,000
MARIANNA D'AVINO Brooklyn, NY	GRANT	$3,300
MARY BRECKINRIDGE (MADALYN WHITEHEAD) Stinett, KY	SCHOLARSHIPS	$2,000
MARY BRECKINRIDGE (KENDRA MITCHELL) Yeaddiss, KY	SCHOLARSHIPS	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Karen Kipp	Trustee	1.5	—
Nancy Panella	Trustee	1.5	—
Barbara Dennis	Trustee	1.5	—
Lee Carr	Trustee	1.5	—

Frequently Asked Questions

How large is St Luke's Nurses Benefit Fund?

As of 2024, St Luke's Nurses Benefit Fund holds $304K in total assets with $29K in annual revenue. It awarded 7 grants totaling $35K in 2024.

Where does St Luke's Nurses Benefit Fund operate?

St Luke's Nurses Benefit Fund has awarded grants in California, Connecticut, Florida, Kentucky, Montana, New Jersey, New York.

What size grants does St Luke's Nurses Benefit Fund award?

In 2024, St Luke's Nurses Benefit Fund awarded 7 grants totaling $35K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is St Luke's Nurses Benefit Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, St Luke's Nurses Benefit Fund reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.