Syde Hurdus Foundation Inc

NEW YORK, NY EIN: 11-3163290

Syde Hurdus Foundation Inc is a private foundation based in New York City, located at 599 Lexington Avenue, Floor 22. The foundation was established in 1992 and operates as a 501(c)(3) organization with EIN 11-3163290.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$15.6M

+0.3% YoY

Annual Giving

$801K

-7.6% YoY

Grant Count

-4.0% YoY

Avg Grant Size

$17K

-3.8% YoY

Under IRS private-foundation payout rules, Syde Hurdus Foundation Inc reported a distributable amount of $811K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include:

Health care and medical research
Children, youth and social services
Education
Philanthropy, voluntarism and grantmaking
Human services
Arts and creative endeavors
Historic buildings
Journalism

Grantmaking

The foundation made 50 grants in its most recent fiscal year (ending August 2024), with total giving of $801,000. Typical grant awards range from $500 to $100,000.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Florida, New York, and Pennsylvania.

Grant Distribution by State

New York $1.4M (33%)

Florida $1.2M (28%)

Pennsylvania $630K (15%)

California $502K (12%)

New Jersey $175K (4%)

Virginia $105K (2%)

Indiana $86K (2%)

Maryland $85K (2%)

+4 more states

States

California District of Columbia Florida Illinois Indiana Massachusetts Maryland New Jersey New York Pennsylvania Texas Virginia

Cities

ArlingtonAustinBethesdaBridgewaterBrooklynChicagoClarksburgDobson FerryDumfriesFort PierceGreat BarringtonHutchinson IslandIndian RiverIndianapolisLake SuccessMerion StationMilbrookMineolaMountain ViewNew York

Financial History

Multi-year comparison from IRS filings

As of August 2024:

Total Assets: $15,551,124
Total Revenues: $865,520
Total Expenses: $1,138,115
Number of Employees: 0

Contact Information:

Telephone: 212-521-5400

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$15,604,170	$15,551,124	$15,677,829
Revenue	$1,423,332	$865,520	$955,140
Expenses	$1,063,604	$1,138,115	$1,041,712
Qualifying Distributions	$801,000	$867,100	$772,500
Net Investment Income	$1,165,525	$604,067	$686,673
Distributable Amount	$810,754	$791,751	$790,056

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 2025

Grant Size Distribution

247 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Resurge International ($90,000), American Academy in Rome ($50,000), Walnut Street Theatre ($40,000).

Recipient	Purpose	Amount
ALZHEIMER & PARKINSON ASSOC OF IRC VERO BEACH, FL	GENERAL CHARITABLE	$5,000
ALZHEIMER'S ASSOCIATION CHICAGO, IL	GENERAL CHARITABLE	$15,000
AMERICAN ACADEMY IN ROME NEW YORK, NY	GENERAL CHARITABLE	$50,000
BARNES FOUNDATION PHILADELPHIA, PA	GENERAL CHARITABLE	$20,000
BOYS & GIRLS CLUB OF INDIAN RIVER VERO BEACH, FL	GENERAL CHARITABLE	$20,000
BRIGHTFOCUS FOUNDATION CLARKSBURG, MD	GENERAL CHARITABLE	$15,000
BRITISH ARCHITECTURAL LIBRARY TRUST NEW YORK, NY	GENERAL CHARITABLE	$10,000
CHILD CARE RESOURCES VERO BEACH, FL	GENERAL CHARITABLE	$20,000
CLARKE SCHOOLS FOR HEARING NEW YORK, NY	GENERAL CHARITABLE	$5,000
CROSSOVER MISSION VERO BEACH, FL	GENERAL CHARITABLE	$20,000

Leadership & Key People

Leadership team and compensation from IRS filings

Herbert S Fitzgibbon – Vice President and Director (compensation: $36,000 as of August 31, 2024)
Lawrence F Gilberti – Trustee
Herbert Botwinick – Trustee

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
HERBERT S FITZGIBBON	VP-DIRECTOR	—	$36,000
LAWRENCE F GILBERTI	SEC-DIR	—	—
HERBERT BOTWINICK	TREAS-DIR	—	$30,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Syde Hurdus Foundation Inc fund?

The foundation's giving priorities include: • Health care and medical research • Children, youth and social services • Education • Philanthropy, voluntarism and grantmaking • Human services • Arts and creative endeavors • Historic buildings • Journalism

How do I apply for a grant from Syde Hurdus Foundation Inc?

**Grant Activity:** The foundation made 50 grants in its most recent fiscal year (ending August 2024), with total giving of $801,000. Typical grant awards range from $500 to $100,000. **Recent Grantees Include:** • Burn Rescue ($100,000) • Society of Fellows of the American Academy in Rome ($50,000) • Walnut Street Theatre Corporation ($40,000) • Resurge International • British Architectural Library Trust ($10,000)

Where does Syde Hurdus Foundation Inc make grants?

The foundation primarily funds organizations in Florida, New York, and Pennsylvania.

What size grants does Syde Hurdus Foundation Inc award?

In 2025, Syde Hurdus Foundation Inc awarded 48 grants totaling $801K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Syde Hurdus Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Syde Hurdus Foundation Inc reported a distributable amount of $811K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.