Summit Ov Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 6 grants totaling $318K. Net investment income was $51K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
+43.2% YoY
Annual Giving
$318K
+7837.5% YoY
Grant Count
6
+500.0% YoY
Avg Grant Size
$53K
+1222.9% YoY
Under IRS private-foundation payout rules, Summit Ov Foundation reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.
About Summit Ov Foundation
Based on IRS filings
Summit Ov Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 6 grants totaling $318K. Net investment income was $51K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,438,357 | $1,702,437 | $643,207 |
| Revenue | $1,120,428 | $1,107,547 | $716,773 |
| Expenses | $353,508 | $48,317 | $253,792 |
| Qualifying Distributions | $353,508 | $48,317 | $253,792 |
| Net Investment Income | $50,909 | — | — |
| Distributable Amount | $92,163 | $53,163 | $14,875 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Food 1st Foundation ($250,000), Intrepid Museum Foundation ($25,000), Family Legal Care Inc ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| FOOD 1ST FOUNDATION NEW YORK, NY | GENERAL SUPPORT | $250,000 |
| INTREPID MUSEUM FOUNDATION NEW YORK, NY | GENERAL SUPPORT | $25,000 |
| FAMILY LEGAL CARE INC BROOKLYN, NY | GENERAL SUPPORT | $12,500 |
| IAAPA FOUNDATION ORLANDO, FL | GENERAL SUPPORT | $10,000 |
| SYTA YOUTH FOUNDATION INC ARLINGTON, VA | GENERAL SUPPORT | $10,000 |
| NYC HOSPITALITY ALLIANCE IMPACT FOUNDATION INC NEW YORK, NY | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARC HOLLIDAY | CHAIRMAN | 1 | — |
| ANDREW S LEVINE | EXECUTIVE VP & SECRETARY | 1 | — |
| LAURA JACKSON | VICE PRESIDENT | 1 | — |
| MATTHEW DILIBERTO | TREASURER | 1 | — |
| STUART KOTLER | DIRECTOR | 1 | — |
| STEPHEN RABINOWITZ | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Summit Ov Foundation?
Summit Ov Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $2.4M in total assets as of 2024.
How large is Summit Ov Foundation?
As of 2024, Summit Ov Foundation holds $2.4M in total assets with $1.1M in annual revenue. It awarded 6 grants totaling $318K in 2024.
Where does Summit Ov Foundation operate?
Summit Ov Foundation has awarded grants in Florida, New York, Virginia.
What size grants does Summit Ov Foundation award?
In 2024, Summit Ov Foundation awarded 6 grants totaling $318K — an average of about $53K per grant, based on its IRS Form 990 filings.
How much is Summit Ov Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Summit Ov Foundation reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Summit Ov Foundation's EIN?
Summit Ov Foundation's EIN (Employer Identification Number) is 87-3338349. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Summit Ov Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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