The Abstraction Fund is a private foundation based in New York, NY, established in 2006. It operates as a 501(c)(3) organization and functions as a grantmaking foundation with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$681K
+4.7% YoY
Annual Giving
$341K
+217.8% YoY
Grant Count
7
-65.0% YoY
Avg Grant Size
$49K
+807.9% YoY
Mission & Focus Areas
The foundation makes general purpose grants to various organizations. Its grantmaking priorities include Education, Philanthropy, Voluntarism & Grantmaking, and Health Care.
Grantmaking
The Abstraction Fund made 35 grants in 2023. Recent grant recipients include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, Pennsylvania, and North Carolina.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $681,348
- Total Revenue: $415,252
- Total Expenses: $392,099
- Net Income: $23,153
As of December 2023:
- Total Assets: $650,605
- Total Revenue: $24,275
- Total Expenses: $169,336
Investment Income: The foundation's revenue is primarily derived from investment income and dividends, which totaled $24,455 in 2023.
Funding Source: In 2012, the foundation received a donation of $2,654,334 from the William Rosenwald Family Fund, which was identified as the fund's sole donor that year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $681,348 | $650,605 | $776,685 |
| Revenue | $415,252 | $24,275 | $47,601 |
| Expenses | $392,099 | $169,336 | $655,539 |
| Qualifying Distributions | $354,753 | $121,792 | $604,906 |
| Net Investment Income | $543,685 | $1,667 | $4,272 |
| Distributable Amount | $52,012 | $66,004 | $90,040 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
117 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Nina Rosenwald serves as President and Treasurer of the foundation, a position she has held since 2011.
Historical leadership included Georgette Gelbard as Secretary and Joel Zbar as Director (as of 2012).
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NINA ROSENWALD | PRESIDENT, TREASURER | 2 | — |
| JOEL ZBAR | DIRECTOR | 0.25 | — |
| GEORGETTE GELBARD | SECRETARY | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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