The 5 51 5 Foundation Inc
The 5 51 5 Foundation Inc is a private foundation based in New York, NY. Its 2025 filing reports grants to charitable organizations, including arts, conservation, education, and human-services organizations.
The 5 51 5 Foundation Inc at a glance
In short: The 5 51 5 Foundation Inc gave $336K across 17 grants in 2025 (avg $20K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $336,400
- -94.3% vs 2024
- Grants made (2025)
- 17
- -34.6% vs 2024
- Average grant
- $19,788
- -91.3% vs 2024
- Median grant
- $5,000
- Total assets
- $457,177
- -38.4% vs 2024
- Primary geography
- New York (92% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to The 5 51 5 Foundation Inc
- Accepts unsolicited proposals
- No
- Contact
Mailing address: 755 Park Avenue Apt 12B, New York, NY 10021
Phone: (203) 618-4623
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The 5 51 5 Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Manhattan Theatre Club ($170K). Together the top 10 received $331K.
Grant Size Distribution
73 grants across all recorded years
The most common grant size was under $50K: 63 grants of 73 (86%).
Geographic Focus
Where this funder awards grants
In 2025, 92% of grant dollars went to recipients in New York. The reported shares for other states were California 3%, Connecticut 3%, Ohio 1%, and Massachusetts 0%.
Grant Distribution by State
Share of 2025 grant dollars across all 17 itemized grants.
States
Cities
How The 5 51 5 Foundation Inc gives
- 53% of 2025 grantees were also funded in 2024. Method
- Giving fell 73% from 2022 to 2025. Method
- In 2025 it paid out 243% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $62K (2021) to $5.9M (2024). In 2025 it made 17 grants totaling $336K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Manhattan Theatre Club New York, NY | General | $170,000 |
| Central Park Conservancy Inc New York, NY | General | $100,000 |
| Catholic Guardian Services New York, NY | General | $12,500 |
| Summer Search Oakland, CA | General | $10,000 |
| The TEAK Fellowship Inc New York, NY | General | $10,000 |
| Teachers College Columbia University New York, NY | General | $10,000 |
| David M Hunt Library & School Association Falls Village, CT | General | $7,500 |
| Denison University Granville, OH | General | $5,000 |
| The Metropolitan Museum of Art New York, NY | General | $5,000 |
| Trustees of Reservations Boston, MA | General | $1,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $457,177 | $51,218 | $337,043 | $336,400 | 17 | $337,043 | $51,048 | $138,682 |
| 2024 | $741,614 | $4,784,085 | $6,011,808 | $5,927,600 | 26 | $5,928,163 | $4,783,745 | $263,156 |
| 2023 | $1,967,825 | $8,315,586 | $189,423 | $189,100 | 19 | $189,423 | $836,590 | $309,073 |
| 2022 | $803,112 | $31,925 | $1,290,112 | $1,227,400 | 1 | $1,227,797 | $3,925 | $68,380 |
| 2021 | $2,061,299 | $4,102,207 | $61,823 | $61,600 | 10 | $61,823 | $1,980,337 | — |
| 2020 | $3,249 | $674 | $333,200 | $324,200 | 21 | — | $674 | $9,731 |
Under IRS private-foundation payout rules, The 5 51 5 Foundation Inc reported a distributable amount of $139K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grantees describe a range of work: Manhattan Theatre Club says it produces and develops new work, supports artists, and runs education programs; Catholic Guardian Services says it serves vulnerable people and works to protect and nurture disadvantaged children and people with disabilities; Summer Search describes mentoring and support for low-income high school students; and the Appalachian Trail Conservancy describes protecting and managing the Appalachian Trail and its corridor.
Grantmaking
In 2025, the foundation made 17 grants totaling $336,400. Individual grants ranged from $400 to $170,000, with a median of $5,000. Its largest reported grants were $170,000 to Manhattan Theatre Club and $100,000 to Central Park Conservancy, both for general purposes. Other notable grants included $12,500 to Catholic Guardian Services, $10,000 each to Summer Search, The TEAK Fellowship, and Teachers College Columbia University, and $7,500 to David M Hunt Library & School Association.
In 2024, it made 26 grants totaling $5,927,600; in 2023, it made 19 grants totaling $189,100. The 2025 filing states that the foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Laurie B Hodgson as President/Director, David C Hodgson as Treasurer, and Richard Gold as Secretary.
The 5 51 5 Foundation Inc is led by Laurie B Hodgson, President & Director since 2022 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Laurie B Hodgson
President & Director
President → President & Director, 2022
On filings since 2020
1 hr/week
No compensation reported
David C Hodgson
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Richard Gold
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 5 51 5 Foundation Inc
How much does The 5 51 5 Foundation Inc give each year?
The 5 51 5 Foundation Inc gave $336K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5.9M across 26 grants.
What is The 5 51 5 Foundation Inc's typical grant size?
The 5 51 5 Foundation Inc's median grant in 2025 was $5,000, and its average grant was $19,788, across 17 grants on its 2025 IRS Form 990-PF.
Where does The 5 51 5 Foundation Inc give grants?
The 5 51 5 Foundation Inc gives mostly in New York: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (8 grants).
Does The 5 51 5 Foundation Inc give general operating support?
Yes: 100% of The 5 51 5 Foundation Inc's 2025 grants with a stated purpose (17 of 17) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The 5 51 5 Foundation Inc's largest grantees?
The 5 51 5 Foundation Inc's largest 2025 grantees include Manhattan Theatre Club ($170,000), Central Park Conservancy Inc ($100,000) and Catholic Guardian Services ($12,500), according to its 2025 IRS Form 990-PF. Together they received 84% of its itemized 2025 grant dollars.
How large is The 5 51 5 Foundation Inc?
The 5 51 5 Foundation Inc reported $457K in total assets on its 2025 IRS Form 990-PF. It paid out $337K in qualifying distributions that year, against a required minimum of $139K (roughly 5% of its investment assets).
What does The 5 51 5 Foundation Inc fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from The 5 51 5 Foundation Inc?
The 5 51 5 Foundation Inc does not accept unsolicited proposals, according to Grantable's research on its published guidelines.
What is The 5 51 5 Foundation Inc's EIN?
The 5 51 5 Foundation Inc's EIN (Employer Identification Number) is 20-8844111. IRS Form 990 filing data is available on this page for 2020–2025.
Does The 5 51 5 Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
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Cite this profile
Grantable. (2026). The 5 51 5 Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/the-5-51-5-foundation-inc-morg_b822edc7a0c34f6da3ecc6c0fc96a900
BibTeX
@misc{grantable_208844111_2026,
author = {{Grantable}},
title = {{The 5 51 5 Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-5-51-5-foundation-inc-morg_b822edc7a0c34f6da3ecc6c0fc96a900},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The 5 51 5 Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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