The Coins Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LATHAM, NY. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $29K in total assets. In 2021, it awarded 1 grants totaling $40K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$29K
-0.3% YoY
Annual Giving
$40K
+25.0% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$40K
+150.0% YoY
Under IRS private-foundation payout rules, The Coins Foundation reported a distributable amount of $1K for 2021 — the minimum it must pay out in qualifying distributions.
About The Coins Foundation
Based on IRS filings
The Coins Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LATHAM, NY. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $29K in total assets. In 2021, it awarded 1 grants totaling $40K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | $29,306 | $29,385 |
| Revenue | $40,000 | $5,000 |
| Expenses | $40,079 | $32,034 |
| Qualifying Distributions | $40,000 | — |
| Net Investment Income | — | — |
| Distributable Amount | $1,443 | $1,447 |
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 2021
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Bethesda House of Schenectady Inc ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BETHESDA HOUSE OF SCHENECTADY INC SCHENECTADY, NY | SUPPORT CAPITAL IMPROVEMENTS (SECURITY SYSTEM). | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY SULLIVAN | PRESIDENT | 2 | — |
| DEREK LEAVER | VICE PRESIDENT | 2 | — |
| RICHARD WERNER | TREASURER | 2 | — |
| CATHERINE TERWILLIGER | SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Coins Foundation?
The Coins Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LATHAM, NY. It holds $29K in total assets as of 2021.
How large is The Coins Foundation?
As of 2021, The Coins Foundation holds $29K in total assets with $40K in annual revenue. It awarded 1 grants totaling $40K in 2021.
Where does The Coins Foundation operate?
The Coins Foundation has awarded grants in New York.
What size grants does The Coins Foundation award?
In 2021, The Coins Foundation awarded 1 grants totaling $40K — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is The Coins Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, The Coins Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Coins Foundation's EIN?
The Coins Foundation's EIN (Employer Identification Number) is 26-3749697. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in The Coins Foundation'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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