The Cayre & Alexis Michas Foundation Corp
The Cayre & Alexis Michas Foundation Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $293K in total assets. In 2024, it awarded 6 grants totaling $49K. Net investment income was $92K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$293K
+15.8% YoY
Annual Giving
$49K
-9.2% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$8K
-9.2% YoY
Under IRS private-foundation payout rules, The Cayre & Alexis Michas Foundation Corp reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
About The Cayre & Alexis Michas Foundation Corp
Based on IRS filings
The Cayre & Alexis Michas Foundation Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $293K in total assets. In 2024, it awarded 6 grants totaling $49K. Net investment income was $92K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $292,720 | $252,701 | $273,245 |
| Revenue | $94,469 | $2,584 | $27,835 |
| Expenses | $54,450 | $59,636 | $193,692 |
| Qualifying Distributions | $51,700 | $59,386 | $193,542 |
| Net Investment Income | $91,719 | $2,434 | $2,685 |
| Distributable Amount | $46,266 | $52,865 | $75,248 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mystic Seaport Museum ($45,000), Mill Reef Fund ($1,000), Southampton Fresh Air Home ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Mill Reef Fund Greenwich, CT | General Operating | $1,000 |
| Misericordia Foundation Chicago, IL | General Operating | $500 |
| Mystic Seaport Museum MYSTIC, CT | General Operating | $45,000 |
| Southampton Fresh Air Home Southampton, NY | General Operating | $1,000 |
| Memorial Sloan Kettering Cancer Center NEW YORK, NY | General Operating | $1,000 |
| Kenya Education Fund NEW YORK, NY | General Operating | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Cayre & Alexis Michas Foundation Corp?
The Cayre & Alexis Michas Foundation Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $293K in total assets as of 2024.
How large is The Cayre & Alexis Michas Foundation Corp?
As of 2024, The Cayre & Alexis Michas Foundation Corp holds $293K in total assets with $94K in annual revenue. It awarded 6 grants totaling $49K in 2024.
Where does The Cayre & Alexis Michas Foundation Corp operate?
The Cayre & Alexis Michas Foundation Corp has awarded grants in Connecticut, Florida, Illinois, Massachusetts, New York, Virginia.
What size grants does The Cayre & Alexis Michas Foundation Corp award?
In 2024, The Cayre & Alexis Michas Foundation Corp awarded 6 grants totaling $49K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Cayre & Alexis Michas Foundation Corp required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cayre & Alexis Michas Foundation Corp reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cayre & Alexis Michas Foundation Corp's EIN?
The Cayre & Alexis Michas Foundation Corp's EIN (Employer Identification Number) is 87-3768436. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Cayre & Alexis Michas Foundation Corp's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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