The Double-R Foundation is a private, independent grantmaking foundation established in 2003 and based in New York City. The foundation operates as a 501(c)(3) organization with tax-exempt status since February 2004. It functions as a philanthropic organization dedicated to supporting community-based initiatives across the United States.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$317K
+25.8% YoY
Grant Count
158
+16.2% YoY
Avg Grant Size
$2K
+8.3% YoY
Mission & Focus Areas
The Double-R Foundation focuses its efforts on the enrichment of life in New York City by supporting volunteer-based organizations that provide services. The foundation's grant-making priorities include:
- Arts and culture
- Job training
- Legal aid
- Health services
- Community support
- Nonprofits and grantmaking
Grantmaking
The foundation appears to be possibly open to applications and maintains a website at www.double-r-foundation.org. The foundation does not appear to have a "Preselected Only" restriction on its applications.
How to Apply
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Geographic Focus
Where this funder awards grants
The Double-R Foundation supports projects across multiple states and cities in the United States, including:
- New York (primary focus)
- California
- Texas
- Virginia
- Washington, D.C.
- Arizona, Colorado, Georgia, Indiana, Louisiana, Maryland, Minnesota, New Jersey, Oregon, South Dakota, Tennessee, West Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue:
- Total assets: $6.73 million (as of August 2025)
- Total liabilities: $18,800 (as of August 2025)
- Annual revenue: $549,144 (fiscal year ending August 2025)
- Annual expenses: $567,472 (fiscal year ending August 2025)
- Net income: -$18,328 (fiscal year ending August 2025)
Revenue Sources:
- Investment income and dividends: $244,846
- Net gain from sale of non-inventory assets: $93,637
Expense Ratio: 138.2% of total revenue
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2025
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from The Double-r Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by:
- Hugo Barreca II — Director, President, and Treasurer (18 hours/week, $75,000 annual compensation)
- Hugo Benjamin Barreca — Director
- Anne Barreca — Director and Vice President
- Laura Barreca — Director and Secretary
The foundation operates with minimal paid staffing, relying primarily on board members.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HUGO BARRECA II | DIR/PRE/TREAS | 18 | $75,000 |
| HUGO BENJAMIN BARRECA | DIRECTOR | 0.1 | — |
| ANNE BARRECA | DIR/V-PRES | 0.1 | — |
| LAURA BARRECA | DIR/SEC | 0.1 | — |
Contact Information
- Website: www.double-r-foundation.org
- Telephone: 917-334-7460
- Mailing Address: PO Box 2050, New York City, NY 10159-2050
- EIN: 43-2029214
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Double-r Foundation on Grantable?
- Assess strategic fit with your organization
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- Find open RFPs from this funder
- Monitor for new funding opportunities