Sylvia Olnick Foundation

Foundation · Grantmaker New York, NY EIN: 71-6221160

Sylvia Olnick Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 1 grant totaling $250K. Net investment income was $226K.

Key facts about Sylvia Olnick Foundation

EIN: 71-6221160
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $250,000
Grants made (2024): 1
Average grant: $250,000
Median grant: $250,000
Total assets: $4,830,497
Primary geography: New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Sylvia Olnick Foundation gives

Giving held roughly steady from 2021 to 2024 (+11%). Method
In 2024 it paid out 107% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

-0.7% YoY

Annual Giving

$250K

-23.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$250K

-23.1% YoY

Under IRS private-foundation payout rules, Sylvia Olnick Foundation reported a distributable amount of $237K for 2024 — the minimum it must pay out in qualifying distributions.

About Sylvia Olnick Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $250K (100%)

Share of all 1 itemized 2024 grant dollars.

States

New York

Cities

New York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,830,497	$4,865,028	$4,973,834
Revenue	$238,745	$231,222	$61,781
Expenses	$273,276	$340,028	$254,188
Qualifying Distributions	$253,160	$325,150	$225,000
Net Investment Income	$225,551	$219,845	$33,212
Distributable Amount	$237,247	$242,349	$248,835

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Uja Federation New York ($250,000).

Recipient	Purpose	Amount
UJA FEDERATION NEW YORK New York, NY	GENERAL SUPPORT	$250,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Barbara Lane	Trustee	0.1	—
Nancy Olnick	Trustee	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Sylvia Olnick Foundation?

Sylvia Olnick Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $4.8M in total assets as of 2024.

How large is Sylvia Olnick Foundation?

As of 2024, Sylvia Olnick Foundation holds $4.8M in total assets with $239K in annual revenue. It awarded 1 grant totaling $250K in 2024.

Where does Sylvia Olnick Foundation operate?

Sylvia Olnick Foundation has awarded grants in New York.

What size grants does Sylvia Olnick Foundation award?

In 2024, Sylvia Olnick Foundation awarded 1 grant totaling $250K — an average of about $250K per grant, based on its IRS Form 990 filings.

How much is Sylvia Olnick Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sylvia Olnick Foundation reported a distributable amount of $237K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.