Svetlana and Herbert M Wachtell Foundation
The Svetlana and Herbert M Wachtell Foundation is a private family foundation established in 2001 and incorporated on November 20, 2001, in New York. Based in New York City at 51 West 52nd Street, the foundation focuses on cultural, educational, and philanthropic initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.0M
+25.9% YoY
Annual Giving
$239K
-17.8% YoY
Grant Count
28
-15.2% YoY
Avg Grant Size
$9K
-3.1% YoY
Mission & Focus Areas
The foundation primarily funds to:
- Maintain and foster interest in music
- Support the publication of books of cultural, historical, and educational value
- Support the needs of young musicians
- Promote philanthropy
Grantmaking
Grant Range
$4,000
Average Grant
$9,700
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on New York, with some activity in Georgia and Colorado.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2023):
- Total assets: $4,008,968
- Total giving: $242,481–$308,900
- Total expenses: $333,240
- Total revenues: $9,149
- Number of employees: 0
Earlier Data (2024):
- Total assets: $5,048,622
- Total giving: $238,907
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,048,622 | $4,008,968 | $4,386,982 |
| Revenue | $1,286,595 | $9,149 | $204,825 |
| Expenses | $277,600 | $333,240 | $351,638 |
| Qualifying Distributions | $239,407 | $295,534 | $309,535 |
| Net Investment Income | $1,253,402 | $198,970 | $165,280 |
| Distributable Amount | $256,167 | $261,406 | $292,519 |
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
147 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
- Herbert M Wachtell – President, Treasurer, and Director
- Svetlana Stone Wachtell – Vice President, Secretary, and Director
- Laura Murphy – Director
Herbert M Wachtell is the co-founder of the law firm Wachtell, Lipton, Rosen & Katz.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HERBERT M WACHTELL | PRES/TREAS/DIRECTOR | 1 | — |
| SVETLANA STONE WACHTELL | VP/SECY/DIRECTOR | 1 | — |
| LAURA MURPHY | DIRECTOR | 1 | — |
Contact Information
- Address: 51 West 52nd Street, New York, NY 10019-6119
- Phone: 212-403-1000
- EIN: 13-4197999
Subject Areas
Focus areas based on grantmaking activity
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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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