The Elroy and Terry Krumholz Foundation
The Elroy and Terry Krumholz Foundation is a private independent foundation established in 1992 and based in New York City. The foundation operates as a grantmaking organization focused on supporting charitable causes across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-7.5% YoY
Annual Giving
$188K
-45.1% YoY
Grant Count
14
-17.6% YoY
Avg Grant Size
$13K
-33.3% YoY
Under IRS private-foundation payout rules, The Elroy and Terry Krumholz Foundation reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary areas of interest include:
- Animal welfare
- The arts
- Community services
- Education
- Cancer patient and family support services
- Social services, including special camping and community services
- Jewish community programs
Grantmaking
The foundation has demonstrated support for arts organizations, as evidenced by its major funding contributions to cultural programming in New York City.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking activities are concentrated primarily in:
- New York
- California
- Minnesota
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,530,857 | $1,654,428 | $2,012,127 |
| Revenue | $179,307 | $100,258 | $111,286 |
| Expenses | $302,878 | $457,957 | $192,256 |
| Qualifying Distributions | $242,860 | $396,760 | $116,510 |
| Net Investment Income | $123,947 | $44,898 | $36,207 |
| Distributable Amount | $81,233 | $89,884 | $114,624 |
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 2024
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Metropolitan Opera ($85,000), Young Peoples Chorus ($25,000), Gods Love We Deliver ($18,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARIZONA OPERA PHOENIX, AZ | CHARITABLE PURPOSES | $4,000 |
| BROOKLYN ACADEMY OF MUSIC BROOKLYN, NY | CHARITABLE PURPOSES | $3,000 |
| GODS LOVE WE DELIVER NEW YORK, NY | CHARITABLE PURPOSES | $18,000 |
| HOLLIS HILLS BAYSIDE JEWISH CENTER OAKLAND GARDENS, NY | CHARITABLE PURPOSES | $500 |
| KAUFMAN MUSIC CENTER NEW YORK, NY | CHARITABLE PURPOSE | $2,000 |
| MAJESTIC HILLS LAKEVILLE, MN | CHARITABLE PURPOSE | $5,000 |
| MANHATTAN THEATRE CLUB NEW YORK, NY | CHARITABLE PURPOSES | $5,000 |
| METROPOLITAN OPERA NEW YORK, NY | CHARITABLE PURPOSES | $85,000 |
| THE FILMAN M D'AGOSTINO GREENGERG MUSIC SCHOOL NEW YORK, NY | CHARITABLE PURPOSES | $4,000 |
| ROUNDABOUT THEATRE NEW YORK, NY | CHARITABLE PURPOSES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANE RAZZANO | TRUSTEE | 5 | $27,680 |
| ROSALIND SACKOFF | TRUSTEE | 5 | $27,680 |
Contact Information
Address: c/o BFFA, 1430 Broadway, Suite 1208, New York City, NY 10018
Telephone: 212-696-4600
EIN: 13-3641606
Frequently Asked Questions
What does The Elroy and Terry Krumholz Foundation fund?
The foundation's primary areas of interest include: • Animal welfare • The arts • Community services • Education • Cancer patient and family support services • Social services, including special camping and community services • Jewish community programs
How do I apply for a grant from The Elroy and Terry Krumholz Foundation?
**Grant Amounts:** Typical awards range from $500 to $170,000. **Annual Giving:** The foundation distributed $187,500 in grants based on its most recent filing. **Asset Base:** The foundation maintains total assets of $1,530,857. The foundation has demonstrated support for arts organizations, as evidenced by its major funding contributions to cultural programming in New York City.
Where does The Elroy and Terry Krumholz Foundation make grants?
The foundation's grantmaking activities are concentrated primarily in: • New York • California • Minnesota
What size grants does The Elroy and Terry Krumholz Foundation award?
In 2024, The Elroy and Terry Krumholz Foundation awarded 14 grants totaling $188K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Elroy and Terry Krumholz Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Elroy and Terry Krumholz Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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