The Center for Discovery Endowment Fund Inc

HARRIS, NY EIN: 26-1234571

THE CENTER FOR DISCOVERY ENDOWMENT FUND, INC. WAS FORMED EXCLUSIVELY TO (I) PROVIDE SUPPORT AND ASSISTANCE THROUGH FINANCIAL AID TO THE CENTER FOR DISCOVERY, INC., A NEW YORK STATE NOT-FOR-PROFIT CORPORATION, (II) TO PROMOTE KNOWLEDGE AND AWARENESS OF PROGRAMS AND SERVICES PROVIDED BY THE CENTER FOR DISCOVERY, INC. AND (III) TO ENTER INTO CONTRACTS AND AGREEMENTS AND DO ANY ACTS OR THINGS INCIDENTAL TO OR IN CONNECTION WITH THE ADVANCEMENT THEREOF.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.5M

-63.9% YoY

Annual Giving

$17.3M

Grant Count

Avg Grant Size

$17.3M

About The Center for Discovery Endowment Fund Inc

Based on IRS filings

The Center for Discovery Endowment Fund Inc is a nonprofit organization focused on Mental Health & Crisis Intervention, based in HARRIS, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.5M in total assets. In 2024, it awarded 1 grants totaling $17.3M. Net investment income was $3.3M.

Focus Areas

Mental Health & Crisis Intervention

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $17.3M (100%)

States

New York

Cities

Harris

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$16,499,015	$45,716,428	$41,924,399
Revenue	$3,281,977	$1,554,864	$2,501,919
Expenses	$17,590,579	$919,986	$1,155,011
Qualifying Distributions	—	—	—
Net Investment Income	$3,263,274	$943,170	$493,084
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Center for Discovery Inc ($17,263,754).

Recipient	Purpose	Amount
THE CENTER FOR DISCOVERY INC HARRIS, NY	OPERATIONAL SUPPORT	$17,263,754

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
EDWARD C SWEENEY	CHAIRPERSON	0.4	—
EILEEN M NAUGHTON	TREASURER	0.4	—
ELLEN ALEMANY	VICE CHAIRPERSON (AS OF 12/10/24)	0.1	—
MICHAEL J DUBILIER	SECRETARY	0.4	—
KIM RAISLER	DIRECTOR	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Mental Health & Crisis Intervention

Frequently Asked Questions

What is The Center for Discovery Endowment Fund Inc?

The Center for Discovery Endowment Fund Inc is a nonprofit organization focused on Mental Health & Crisis Intervention, based in HARRIS, NY. It holds $16.5M in total assets as of 2024.

How large is The Center for Discovery Endowment Fund Inc?

As of 2024, The Center for Discovery Endowment Fund Inc holds $16.5M in total assets with $3.3M in annual revenue. It awarded 1 grants totaling $17.3M in 2024.

Where does The Center for Discovery Endowment Fund Inc operate?

The Center for Discovery Endowment Fund Inc has awarded grants in New York.

What size grants does The Center for Discovery Endowment Fund Inc award?

In 2024, The Center for Discovery Endowment Fund Inc awarded 1 grants totaling $17.3M — an average of about $17.3M per grant, based on its IRS Form 990 filings.

What is The Center for Discovery Endowment Fund Inc's EIN?

The Center for Discovery Endowment Fund Inc's EIN (Employer Identification Number) is 26-1234571. IRS Form 990 filing data is available on this page for 2020–2024.