The Steven Aresty Foundation is a private foundation based in New York, NY, established in 2001. It operates as a 501(c)(3) organization classified as a private independent foundation under the National Taxonomy of Exempt Entities (NTEE).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.6M
+6.4% YoY
Annual Giving
$216K
-19.1% YoY
Grant Count
27
+0.0% YoY
Avg Grant Size
$8K
-19.1% YoY
Mission & Focus Areas
The foundation's grantmaking priorities focus on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation's approach to grantmaking emphasizes collaborative decision-making and evidence-based giving. According to the foundation's leadership, the organization has evolved from a single-donor model toward a more strategic approach that prioritizes systemic solutions to educational challenges, particularly those affecting children in poverty.
Grantmaking
Grant Range
s:** Typical awards range from $1,000 to $90,000.
Ready to take the next step with Steven Aresty Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- Connecticut
- Rhode Island
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $4,561,284
- Total Giving: $216,000
- Total Revenues: $520,021
- Total Expenses: $247,772
- Number of Employees: 0
Investment Income (2024): $140,297
As of 2023:
- Total Assets: $4,290,000
- Total Revenues: $101,000
- Total Expenses: $311,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,561,284 | $4,288,785 | $4,500,933 |
| Revenue | $520,021 | $101,076 | $244,764 |
| Expenses | $247,772 | $310,972 | $302,739 |
| Qualifying Distributions | $216,250 | $267,250 | $269,750 |
| Net Investment Income | $488,499 | $97,798 | $212,450 |
| Distributable Amount | $255,686 | $241,804 | $243,896 |
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
153 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
Steven Aresty serves as a principal decision-maker for the foundation. He has participated in collaborative grantmaking initiatives including the Donors' Education Collaborative and Early Childhood Partners NYC, both established by The New York Community Trust. His late father, Joseph Aresty, was a first-generation college student who founded a related foundation with a focus on helping others achieve educational opportunities.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN ARESTY | TRUSTEE | 5 | — |
| CHARLES ARESTY | TRUSTEE | 5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in collaborative grantmaking efforts through The New York Community Trust's structured giving programs. Steven Aresty has publicly discussed his evolution as a grantmaker, noting that participation in collaborative funds has deepened his understanding of educational challenges and evidence-based solutions for addressing poverty through improved educational access.
$3 Million Gift from Steven & Alexandra Cohen Foundation Powers InnovationSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Steven Aresty Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities