The 216 Fund
The 216 Fund is a private foundation, 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.
The 216 Fund at a glance
In short: The 216 Fund gave $2.0M across 3 grants in 2024 (avg $667K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,000,000
- +24.2% vs 2023
- Grants made (2024)
- 3
- -25.0% vs 2023
- Average grant
- $666,667
- +65.6% vs 2023
- Median grant
- $250,000
- Total assets
- $48,126,793
- +26.6% vs 2023
- Primary geography
- New York (88% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The 216 Fund funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was COOP Careers Inc ($1.5M). Together the top 3 received $2.0M.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $250–500K range: 3 grants of 10 (30%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How The 216 Fund gives
- Giving grew 1900% from 2021 to 2024. Method
- In 2024 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $100K (2021) to $2.0M (2024). In 2024 it made 3 grants totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| COOP Careers Inc New York, NY | Vocational Technical | $1,500,000 |
| Innovations for Poverty Action Washington, DC | Poverty | $250,000 |
| Pursuit Transformation Company Inc Long Island City, NY | Educational Institutions | $250,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $48,126,793 | $12,120,833 | $2,020,101 | $2,000,000 | 3 | $2,002,127 | $59,235 | $2,477,391 |
| 2023 | $38,026,061 | $5,225,354 | $1,810,599 | $1,610,000 | 4 | $1,795,154 | $125,354 | $2,123,787 |
| 2022 | $34,611,306 | $8,384,458 | $1,165,284 | $1,000,000 | 1 | $1,152,654 | $83,837 | $1,589,057 |
| 2021 | $27,392,132 | $7,644,744 | $269,124 | $100,000 | 2 | $250,000 | — | $983,174 |
| 2020 | $20,016,512 | $20,016,512 | — | — | — | — | — | $10,600 |
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.
Leadership & Key People
Officers and directors from IRS filings
The 216 Fund's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Yair Minsky
Director
New on the 2024 filing
1 hr/week
No compensation reported
Lisa Minsky-Primus
Pres.-Treasurer
President → Pres.-Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Yaron M. Minsky
Secretary
Secretary → Secy-Treas, 2022
Secy-Treas → Secretary, 2024
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The 216 Fund
How much does The 216 Fund give each year?
The 216 Fund gave $2.0M across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 4 grants.
What is The 216 Fund's typical grant size?
The 216 Fund's median grant in 2024 was $250,000, and its average grant was $666,667, across 3 grants on its 2024 IRS Form 990-PF.
Where does The 216 Fund give grants?
The 216 Fund gives mostly in New York: 88% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (13%).
Does The 216 Fund give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on The 216 Fund's 2024 IRS Form 990-PF were described as general or operating support.
How large is The 216 Fund?
The 216 Fund reported $48.1M in total assets on its 2024 IRS Form 990-PF. It paid out $2.0M in qualifying distributions that year, against a required minimum of $2.5M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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