The Cygnet Foundation Inc is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $345K in total assets. In 2024, it awarded 5 grants totaling $11K. Net investment income was $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$345K
+4.4% YoY
Annual Giving
$11K
-41.0% YoY
Grant Count
5
-28.6% YoY
Avg Grant Size
$2K
-17.4% YoY
About The Cygnet Foundation Inc
Based on IRS filings
The Cygnet Foundation Inc is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $345K in total assets. In 2024, it awarded 5 grants totaling $11K. Net investment income was $25K.
Focus Areas
Ready to take the next step with The Cygnet Foundation Inc?
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 | $344,652 | $329,978 | $348,684 |
| Revenue | $28,480 | $2,531 | $20,424 |
| Expenses | $13,806 | $21,237 | $12,990 |
| Qualifying Distributions | $10,500 | $17,790 | — |
| Net Investment Income | $25,225 | $3,484 | — |
| Distributable Amount | $23,341 | $18,081 | $18,401 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RALPH GIBSON | SECRETARY/TREASURER | 5 | — |
| KIMBERLY QUINN | VICE PRESIDENT | 5 | — |
| RAYMOND WILLIAM MERRITT | PRESIDENT | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Cygnet Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities