The Blackstone Charitable Foundation
The Blackstone Charitable Foundation is a private 501(c)(3) corporate foundation based in New York, NY. Established in February 2008, it leverages the financial and human capital of Blackstone to support initiatives focused on career and economic mobility, bridging opportunity gaps, and strengthening communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$142.0M
+5.2% YoY
Annual Giving
$21.1M
-11.1% YoY
Grant Count
167
+21.0% YoY
Avg Grant Size
$126K
-26.5% YoY
Under IRS private-foundation payout rules, The Blackstone Charitable Foundation reported a distributable amount of $6.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Foundation is committed to fostering career and economic mobility by supporting initiatives that bridge opportunity gaps and strengthen communities. Primary funding areas include:
- Education
- Human Services
- Philanthropy, Voluntarism & Grantmaking
- Community Development
- Social & Human Services
Grantmaking
The Foundation does not respond to unsolicited applications for funding.
Grant Range
s & Activity:**
Average Grant
$148,400
How to Apply
**
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Geographic Focus
Where this funder awards grants
The Foundation funds internationally and has a particular presence in:
- New York
- California
- Texas
The Foundation supports nonprofits across its 27 global offices.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $142,024,876
- Total Revenue: $18.1 million
- Total Expenses: $20.5 million
- Total Liabilities: $10.6 million
- Total Giving: $21,084,119
As of 2023:
- Total Assets: $135,020,423 (ledger value)
- Income: $40,998,313
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $142,024,876 | $135,020,423 | $132,078,578 |
| Revenue | $18,104,838 | $14,950,236 | $22,396,641 |
| Expenses | $20,524,677 | $24,535,320 | $16,669,834 |
| Qualifying Distributions | $21,513,003 | $24,335,713 | $17,809,780 |
| Net Investment Income | $15,733,532 | $12,606,663 | $7,361,804 |
| Distributable Amount | $6,092,871 | $5,681,989 | $7,635,184 |
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
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Charities Aid Foundation America Dba Caf America ($900,000), Charities Aid Foundation America Dba Caf America ($750,000), Arizona State University Foundation ($683,334).
| Recipient | Purpose | Amount |
|---|---|---|
| 911 DAY IRVINE, CA | GENERAL GRANT | $67,500 |
| ALI FORNEY CENTER NEW YORK, NY | GENERAL GRANT | $50,000 |
| ALI FORNEY CENTER NEW YORK, NY | GENERAL GRANT | $75,000 |
| ALI FORNEY CENTER NEW YORK, NY | GENERAL GRANT | $25,000 |
| AMERICA NEEDS YOU NEW YORK, NY | GENERAL GRANT | $100,000 |
| AMERICA NEEDS YOU NEW YORK, NY | GENERAL GRANT | $10,000 |
| AMERICA ON TECH INC NEW YORK, NY | GENERAL GRANT | $150,000 |
| AMERICA ON TECH INC NEW YORK, NY | GENERAL GRANT | $175,000 |
| AMERICAN INDIAN HIGHER EDUCATION CONSORTIUM ALEXANDRIA, VA | GENERAL GRANT | $25,000 |
| AMERICAN NATIONAL RED CROSS WASHINGTON, DC | GENERAL GRANT | $175,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Amy Stursberg — Board Chair/Director (as of March 2022)
- Sean Klimczak — President & Director
- Brian Gavin — Treasurer & Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VERDUN S PERRY | BOARD CHAIR & DIRECTOR | 1 | — |
| SEAN KLIMCZAK | PRESIDENT & DIRECTOR | 1 | — |
| BRIAN GAVIN | TREASURER & DIRECTOR | 1 | — |
| TABEA HSI | SECRETARY & DIRECTOR | 1 | — |
| CHRISTINE ANDERSON | DIRECTOR | 1 | — |
| BETH CHARTOFF | DIRECTOR (TO SEPTEMBER 2024) | 1 | — |
| CHRISTOPHER JAMES | DIRECTOR | 1 | — |
| VINCENT LETTERI | DIRECTOR (TO DECEMBER 2024) | 1 | — |
| ERIC LIAW | DIRECTOR | 1 | — |
| KATHLEEN MCCARTHY | DIRECTOR | 1 | — |
| AJ MURPHY | DIRECTOR | 1 | — |
| TODD MYERS | DIRECTOR (TO NOVEMBER 2024) | 1 | — |
| KIRAN REDDY | DIRECTOR | 1 | — |
| PAIGE ROSS | DIRECTOR | 1 | — |
| VIK SAWHNEY | DIRECTOR | 1 | — |
| JOHN STECHER | DIRECTOR | 1 | — |
| ROBIN GOODMAN | DIRECTOR (AS OF APRIL 2024) | 1 | — |
| IDA HOGHOOGHI | DIRECTOR (AS OF DECEMBER 2024) | 1 | — |
| TOM NIDES | DIRECTOR (AS OF APRIL 2024) | 1 | — |
| MAURA PALLY | EXECUTIVE DIRECTOR | 40 | — |
Recent News & Activity
Recent developments and announcements
The Foundation has announced several recent initiatives:
**Blackstone Skilled Futures**: Awarded $3 million to launch this program in partnership with Arizona State University as part of the CUNY Inclusive Economy Initiative.
Blackstone Charitable Foundation Awards $3 Million to Launch ...**Blackstone Gives Back Challenge**: Nearly 400 employees competed in the annual challenge, vying for $1 million of Blackstone Charitable Foundation grant funding for nonprofits of their choice.
Blackstone Charitable Foundation Awards $3 Million to Launch ...**LA Wildfire Relief**: The Real Estate team, the Blackstone Charitable Foundation, and portfolio companies joined forces to support LA wildfires relief efforts by providing space and vital resources for Altadena's Odyssey Schools.
Blackstone Charitable Foundation Awards $3 Million to Launch ...**Annual Grant Competitions**: The Foundation conducts regular grant competitions, including innovation grants and organizational grants, with multiple annual rounds of recipients announced.
Blackstone Charitable Foundation Announces Second Annual Organizational GrantSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Blackstone Charitable Foundation fund?
The Foundation is committed to fostering career and economic mobility by supporting initiatives that bridge opportunity gaps and strengthen communities. Primary funding areas include: • Education • Human Services • Philanthropy, Voluntarism & Grantmaking • Community Development • Social & Human Services
How do I apply for a grant from The Blackstone Charitable Foundation?
**Grant Sizes & Activity:** • Typical award range: $2,500–$3,500,000 • Median grant size: $50,000 • Average grant size: $148,400 • Total giving (2024): $21,084,119 **Programs:** **Blackstone LaunchPad** helps first-generation and low-income college students across the United States launch successful careers through professional development and access to paid internships at Blackstone, its portfolio companies, and select startups. **Blackstone Connects** is the Foundation's global employee engag…
Where does The Blackstone Charitable Foundation make grants?
The Foundation funds internationally and has a particular presence in: • New York • California • Texas The Foundation supports nonprofits across its 27 global offices.
What size grants does The Blackstone Charitable Foundation award?
In 2024, The Blackstone Charitable Foundation awarded 167 grants totaling $21.1M — an average of about $126K per grant, based on its IRS Form 990 filings.
How much is The Blackstone Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Blackstone Charitable Foundation reported a distributable amount of $6.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Blackstone Charitable Foundation's EIN?
The Blackstone Charitable Foundation's EIN (Employer Identification Number) is 26-0462996. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Blackstone Charitable Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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