The Elroy and Terry Krumholz Foundation
The Elroy and Terry Krumholz Foundation is a private foundation based in New York, NY. Its 2025 filing reports grants to charitable organizations, including arts, social-service, and community organizations.
The Elroy and Terry Krumholz Foundation at a glance
In short: The Elroy and Terry Krumholz Foundation gave $201K across 15 grants in 2025 (avg $13K), mostly in New York. 7% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $201,000
- +7.2% vs 2024
- Grants made (2025)
- 15
- +7.1% vs 2024
- Average grant
- $13,400
- +0.1% vs 2024
- Median grant
- $5,500
- Total assets
- $1,340,070
- -12.5% vs 2024
- New grantees (estimate)
- 7% first-time grantees (1 of 15, 2025; small sample)
- Primary geography
- New York (87% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Elroy and Terry Krumholz Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: Co Bffa 1430 Broadway 1208, New York, NY 10018
Phone: (212) 696-4600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Elroy and Terry Krumholz Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Metropolitan Opera ($90K). Together the top 10 received $188K.
Grant Size Distribution
71 grants across all recorded years
The most common grant size was under $50K: 67 grants of 71 (94%).
Geographic Focus
Where this funder awards grants
In 2025, 87% of grant dollars went to recipients in New York, 10% to California, and 3% to Minnesota.
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
Cities
Is The Elroy and Terry Krumholz Foundation open to new grantees?
7%
first-time grantees, 2025
In 2025, 1 of 15 grantees (7%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $6K; repeat grants $14K. How we count
Medians: $6K first-time, $5K repeat.
- 87% of 2025 grantees were also funded in 2024. Method
- Giving grew 229% from 2022 to 2025. Method
- In 2025 it paid out 319% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $61K (2022) to $341K (2023). In 2025 it made 15 grants totaling $201K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Metropolitan Opera New York, NY | Charitable Purposes | $90,000 |
| Young Peoples Chorus New York, NY | Charitable Purposes | $25,000 |
| Gods Love We Deliver New York, NY | Charitable Purposes | $20,000 |
| St Mary's Foundation Lomita, CA | Charitable Purposes | $15,000 |
| Roundabout Theatre New York, NY | Charitable Purposes | $10,000 |
| Majestic Hills Lakeville, MN | Charitable Purpose | $7,000 |
| The Filman M D'Agostino Greengerg Music School New York, NY | Charitable Purposes | $5,500 |
| Glimmerfest Festival Cooperstown, NY | Charitable Purposes | $5,500 |
| Manhattan Theatre Club New York, NY | Charitable Purposes | $5,000 |
| Social Advocates for Youth Santa Rosa, CA | Charitable Purposes | $5,000 |
Ready to take the next step with The Elroy and Terry Krumholz Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,340,070 | $122,161 | $312,948 | $201,000 | 15 | $256,360 | $66,801 | $80,351 |
| 2024 | $1,530,857 | $179,307 | $302,878 | $187,500 | 14 | $242,860 | $123,947 | $81,233 |
| 2023 | $1,654,428 | $100,258 | $457,957 | $341,400 | 17 | $396,760 | $44,898 | $89,884 |
| 2022 | $2,012,127 | $111,286 | $192,256 | $61,150 | 10 | $116,510 | $36,207 | $114,624 |
| 2021 | $2,093,097 | $204,604 | $302,779 | $193,000 | 15 | $248,360 | $149,244 | $119,878 |
| 2020 | $2,191,273 | $91,444 | $221,288 | $119,200 | 14 | — | $15,071 | $111,352 |
| 2019 | $2,328,617 | $80,314 | $300,830 | $179,500 | 16 | — | $18,643 | $121,239 |
Under IRS private-foundation payout rules, The Elroy and Terry Krumholz Foundation reported a distributable amount of $80K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available information does not state the foundation’s own mission. Its 2025 grants included support for performing arts organizations, a music school, a festival, a museum, and social-service organizations.
Among its grantees, Manhattan Theatre Club describes its work as producing and developing new work on and off Broadway, nurturing artists, and providing education programs. Social Advocates for Youth describes its mission as partnering with young people, families, adults, and communities through youth development, wellness, and community engagement programming. Brooklyn Academy of Music describes its mission as supporting artistic experimentation and inclusion and accessibility in the arts.
Grantmaking
In filing year 2025, the foundation reported 15 grants totaling $201,000. Grants ranged from $500 to $90,000, with a median grant of $5,500.
The largest reported grants included $90,000 to Metropolitan Opera, $25,000 to Young Peoples Chorus, $20,000 to God’s Love We Deliver, $15,000 to St Mary’s Foundation, and $10,000 to Roundabout Theatre. Other grants included $7,000 to Majestic Hills, $5,500 each to The Filman M. D’Agostino Greenberg Music School and Glimmerfest Festival, $5,000 each to Manhattan Theatre Club, Social Advocates for Youth, and The Museum of Modern Art, and $3,000 to Brooklyn Academy of Music.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Diane Razzano and Rosalind Sackoff as trustees.
The Elroy and Terry Krumholz Foundation's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
Diane Razzano
Trustee
On filings since 2019
5 hrs/week
$28K (2019) → $28K (2025)
Rosalind Sackoff
Trustee
On filings since 2019
5 hrs/week
$28K (2019) → $28K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $28K, to Diane Razzano (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Elroy and Terry Krumholz Foundation
How much does The Elroy and Terry Krumholz Foundation give each year?
The Elroy and Terry Krumholz Foundation gave $201K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $188K across 14 grants.
What is The Elroy and Terry Krumholz Foundation's typical grant size?
The Elroy and Terry Krumholz Foundation's median grant in 2025 was $5,500, and its average grant was $13,400, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Elroy and Terry Krumholz Foundation that year got $6K on average.
Where does The Elroy and Terry Krumholz Foundation give grants?
The Elroy and Terry Krumholz Foundation gives mostly in New York: 87% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (10%). The most frequent recipient cities were New York, NY (9 grants).
Who are The Elroy and Terry Krumholz Foundation's largest grantees?
The Elroy and Terry Krumholz Foundation's largest 2025 grantees include Metropolitan Opera ($90,000), Young Peoples Chorus ($25,000) and Gods Love We Deliver ($20,000), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.
How large is The Elroy and Terry Krumholz Foundation?
The Elroy and Terry Krumholz Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $256K in qualifying distributions that year, against a required minimum of $80K (roughly 5% of its investment assets).
What does The Elroy and Terry Krumholz Foundation fund?
The available information does not state the foundation’s own mission. Its 2025 grants included support for performing arts organizations, a music school, a festival, a museum, and social-service organizations. See mission & focus areas ↑
How do I apply for a grant from The Elroy and Terry Krumholz Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Elroy and Terry Krumholz Foundation's EIN?
The Elroy and Terry Krumholz Foundation's EIN (Employer Identification Number) is 13-3641606. IRS Form 990 filing data is available on this page for 2019–2025.
Does The Elroy and Terry Krumholz Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 30, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 22, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Elroy and Terry Krumholz Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/the-elroy-and-terry-krumholz-foundation-morg_f8cf7c25bbc644ba8ef5fa457ef14323
BibTeX
@misc{grantable_133641606_2026,
author = {{Grantable}},
title = {{The Elroy and Terry Krumholz Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-elroy-and-terry-krumholz-foundation-morg_f8cf7c25bbc644ba8ef5fa457ef14323},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Elroy and Terry Krumholz Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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