The Easton Foundation Inc

NEW YORK, NY EIN: 13-3190220

The Easton Foundation Inc is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $168.0M in total assets. In 2024, it awarded 5 grants totaling $194K. Net investment income was $7.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$168.0M

+3.1% YoY

Annual Giving

$194K

-47.1% YoY

Grant Count

+25.0% YoY

Avg Grant Size

$39K

-57.7% YoY

Under IRS private-foundation payout rules, The Easton Foundation Inc reported a distributable amount of $3.5M for 2024 — the minimum it must pay out in qualifying distributions.

About The Easton Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $318K (89%)

Virginia $21K (6%)

District of Columbia $18K (5%)

States

District of Columbia New York Virginia

Cities

AlexandriaNew YorkWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$167,988,083	$162,957,255	$155,160,550
Revenue	$7,891,412	$10,423,820	$9,130,329
Expenses	$2,860,584	$2,836,534	$2,809,233
Qualifying Distributions	$2,123,043	$8,279,177	$2,144,950
Net Investment Income	$7,226,857	$9,881,250	$8,587,266
Distributable Amount	$3,475,244	$2,974,846	$3,378,359

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

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Museum of Modern Art ($150,000), Charities Aid Foundation of America ($20,737), The Aspen Institute ($13,000).

Recipient	Purpose	Amount
THE ASPEN INSTITUTE WASHINGTON, DC	PHILANTHROPY AND SOCIAL INOVATION	$13,000
MUSEUM OF MODERN ART NEW YORK, NY	ART EXHIBITION EXPENSES	$150,000
ST PETERS CHURCH CHELSEA NEW YORK, NY	PHILANTHROPY AND SOCIAL INOVATION	$2,500
ART TABLE INC NEW YORK, NY	ADVANCING THE LEADERSHIP OF WOMEN AND NONBINARY PROFESSIONALS IN THE VISUAL ARTS.	$7,500
CHARITIES AID FOUNDATION OF AMERICA ALEXANDRIA, VA	SUPPORT OF ART EXHIBITION OF ART GALLERY OF NEW SOUTH WALES	$20,737

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ALAIN BOURGEOIS	DIRECTOR/VP & TREASURER	10	—
JERRY GOROVOY	DIRECTOR/PRESIDENT	32	$250,000
CLAIRE BOUGEOIS	DIRECTOR/VP & SECRETARY	8	—

Frequently Asked Questions

How large is The Easton Foundation Inc?

As of 2024, The Easton Foundation Inc holds $168.0M in total assets with $7.9M in annual revenue. It awarded 5 grants totaling $194K in 2024.

Where does The Easton Foundation Inc operate?

The Easton Foundation Inc has awarded grants in District of Columbia, New York, Virginia.

What size grants does The Easton Foundation Inc award?

In 2024, The Easton Foundation Inc awarded 5 grants totaling $194K — an average of about $39K per grant, based on its IRS Form 990 filings.

How much is The Easton Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Easton Foundation Inc reported a distributable amount of $3.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.