The Achelis & Bodman Foundation
The Achelis and Bodman Foundation is a private foundation established on November 25, 2015, through the merger of The Achelis Foundation (founded in 1940) and The Bodman Foundation (founded in 1945). Based in New York, NY, the Foundation is a 501(c)(3) organization with tax-exempt status dating to July 1941. The Foundation awards grants to nonprofit organizations across multiple program areas, with a geographic focus on New York City and northern New Jersey.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$143.1M
+4.3% YoY
Annual Giving
$6.7M
+0.0% YoY
Grant Count
158
-2.5% YoY
Avg Grant Size
$42K
+2.5% YoY
Mission & Focus Areas
The Foundation's grantmaking is guided by a belief in the merits of economic and political liberty, free enterprise, and personal responsibility.
The Foundation focuses its grantmaking in six program areas:
- Arts & Culture
- Education
- Employment
- Health
- Public Policy
- Youth & Families
Grantmaking
In 2025, the Foundation made 127 grants totaling $6,500,000. In 2023, the Foundation made 125 grants totaling $6,500,000.
Grant Range
s
Review Cycle
. Applicants should review the Foundation's program areas and guidelines before submitting. The Foundation requests that applicants submit only the information requested. Board meetings occur in May, September, and December, with a typical decision time of approximately three months.
How to Apply
There are no fixed application deadlines. Applicants should review the Foundation's program areas and guidelines before submitting. The Foundation requests that applicants submit only the information requested. Board meetings occur in May, September, and December, with a typical decision time of approximately three months.
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Geographic Focus
Where this funder awards grants
The Foundation concentrates its grantmaking in New York City and northern New Jersey.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $143,063,829
- Total Revenue: $5,716,065
- Total Expenses: $7,763,665
- Net Income: -$2,047,600
- Total Liabilities: $0
- Number of Employees: 2
Annual Giving: Approximately $6,500,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $143,063,829 | $137,130,810 | $128,869,206 |
| Revenue | $5,716,065 | $5,393,536 | $3,667,326 |
| Expenses | $7,763,665 | $7,876,601 | $7,834,080 |
| Qualifying Distributions | $7,443,491 | $7,335,922 | $7,410,088 |
| Net Investment Income | $5,104,522 | $4,887,898 | $3,478,728 |
| Distributable Amount | $6,704,417 | $6,521,706 | $6,992,515 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from The Achelis & Bodman Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- John B. Krieger — Secretary and Assistant Treasurer
- Vicki Puluso — Grants Manager
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUSSELL P PENNOYER | PRESIDENT/TRUSTEE | 3 | $30,000 |
| TATIANA POUSCHINE | VICE PRESIDENT/TRUSTEE | 3 | — |
| JOHN N IRWIN III | CHAIRMAN/TRUSTEE | 3 | — |
| HORACE I CRARY JR | TREASURER/TRUSTEE | 3 | — |
| GEORGE MCCABE | TRUSTEE | 3 | — |
| LESLIE LENKOWSKY | TRUSTEE | 3 | — |
| MAGDALENA ZAVALIA DE MIGUENS | TRUSTEE | 3 | — |
| OLIVER GRACE | TRUSTEE | 3 | — |
| JOHN B KRIEGER | EXECUTIVE DIRECTOR/SECRETARY | 40 | $372,000 |
Recent News & Activity
Recent developments and announcements
Recent notable grants include:
The Rockefeller University: $500,000 for research (2024)
Manhattan Institute for Policy Research: $300,000 for Urban Policy and Homelessness (2024)
Hudson Institute: $200,000 for Executing Economic Containment (2024)
Girl Scouts Heart of Jersey: $50,000 donation
The Achelis and Bodman Foundation Donates $50,000 to Girl Scouts Heart ofData last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Achelis & Bodman Foundation on Grantable?
- Assess strategic fit with your organization
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