Stephen and Regina Savitsky Foundation
The Stephen and Regina Savitsky Foundation is a private independent foundation established in 2001 and based in Woodmere, New York. The foundation operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic grantmaking across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$918K
-2.1% YoY
Annual Giving
$275K
-16.9% YoY
Grant Count
51
-16.4% YoY
Avg Grant Size
$5K
-0.6% YoY
Mission & Focus Areas
The foundation supports initiatives in three primary areas:
- Education
- Religion
- Human Services
Grantmaking
The foundation maintains active grantmaking operations with recent grant activity demonstrating consistent support across its focus areas.
Grant Range
approximately $23,000
Average Grant
approximately $23,000
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple states including:
- California
- Florida
- Massachusetts
- Maryland
- New Jersey
- New York
- Oregon
- Pennsylvania
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (FYE 10/2024):
- Total Assets: $918,274
- Total Revenue: $130,679
- Total Expenses: $296,149
- Total Liabilities: $1,000
Prior Year (FYE 10/2023):
- Total Grants, Contributions: $560,931
- Investment Income and Dividends: $15,172
The foundation's investment income increased significantly year-over-year (103.1% growth), while grant contributions declined 84% between fiscal years.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $918,274 | $937,918 | $831,817 |
| Revenue | $130,679 | $603,509 | $246,749 |
| Expenses | $296,149 | $348,333 | $162,486 |
| Qualifying Distributions | $274,743 | $343,979 | $133,616 |
| Net Investment Income | $40,679 | $42,578 | $46,749 |
| Distributable Amount | $41,841 | $49,050 | $35,060 |
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
242 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
The foundation is led by three directors who serve without compensation:
- Stephen Savitsky — Director, President, and Treasurer
- Regina Savitsky — Director and Secretary
- Stuart Savitsky — Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN SAVITSKY | DIRECTOR, PRESIDENT &TREAS | 5 | — |
| REGINA SAVITSKY | DIRECTOR & SECRETARY | 5 | — |
| STUART SAVITSKY | DIRECTOR | 5 | — |
Recent News & Activity
Recent developments and announcements
In January 2024, the Orthodox Union Communal Growth Initiative acknowledged a major gift from Steve and Genie Savitsky, recognizing their significant philanthropic support.
Orthodox Union Communal Growth Initiative Appreciates Major Gift from SteveContact Information
Address: 386 Longacre Avenue, Woodmere, NY 11598-2417
Telephone: 516-374-2122
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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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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