The 216 Fund

NEW YORK, NY EIN: 85-4221881

The 216 Fund 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 $48.1M in total assets. In 2024, it awarded 3 grants totaling $2.0M. Net investment income was $59K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$48.1M

+26.6% YoY

Annual Giving

$2.0M

+24.2% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$667K

+65.6% YoY

Under IRS private-foundation payout rules, The 216 Fund reported a distributable amount of $2.5M for 2024 — the minimum it must pay out in qualifying distributions.

About The 216 Fund

Based on IRS filings

The 216 Fund 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 $48.1M in total assets. In 2024, it awarded 3 grants totaling $2.0M. Net investment income was $59K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

DearbornLong Island CityNew YorkProvidenceWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$11M$17M$22M20202021202220232024
Metric202420232022
Total Assets$48,126,793$38,026,061$34,611,306
Revenue$12,120,833$5,225,354$8,384,458
Expenses$2,020,101$1,810,599$1,165,284
Qualifying Distributions$2,002,127$1,795,154$1,152,654
Net Investment Income$59,235$125,354$83,837
Distributable Amount$2,477,391$2,123,787$1,589,057

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$2M$2M0 grants20202 grants20211 grants20224 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

COOP Careers Inc$1.5MInnovations for Poverty …$250KPursuit Transformation C…$250K

Grant Size Distribution

10 grants across all recorded years

<$50K2$50–100K2$100–250K3$250–500K$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include COOP Careers Inc ($1,500,000), Innovations for Poverty Action ($250,000), Pursuit Transformation Company Inc ($250,000).

RecipientPurposeAmount
Innovations for Poverty Action Washington, DCPOVERTY$250,000
COOP Careers Inc New York, NYVocational Technical$1,500,000
Pursuit Transformation Company Inc Long Island City, NYEducational Institutions$250,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
YARON M MINSKYSecretary1
LISA MINSKY-PRIMUSPres.-Treasurer1
YAIR MINSKYDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The 216 Fund?

The 216 Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $48.1M in total assets as of 2024.

How large is The 216 Fund?

As of 2024, The 216 Fund holds $48.1M in total assets with $12.1M in annual revenue. It awarded 3 grants totaling $2.0M in 2024.

Where does The 216 Fund operate?

The 216 Fund has awarded grants in District of Columbia, Michigan, New York, Rhode Island.

What size grants does The 216 Fund award?

In 2024, The 216 Fund awarded 3 grants totaling $2.0M — an average of about $667K per grant, based on its IRS Form 990 filings.

How much is The 216 Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The 216 Fund reported a distributable amount of $2.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The 216 Fund's EIN?

The 216 Fund's EIN (Employer Identification Number) is 85-4221881. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The 216 Fund's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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