The Eric Gleacher Foundation
The Eric Gleacher Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in North Palm Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 13 grants totaling $212K. Net investment income was $603K.
Key facts about The Eric Gleacher Foundation
- EIN
- 20-8968979
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $211,500
- Grants made (2024)
- 13
- Average grant
- $16,269
- Median grant
- $5,000
- New grantees (estimate)
- 46% first-time grantees (6 of 13, 2024)
- Total assets
- $6,477,757
- Primary geography
- New York (55% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Eric Gleacher Foundation funds
By grant dollars, the top recipient states for The Eric Gleacher Foundation's 13 itemized 2024 grants were New York (55%), Florida (33%) and Illinois (12%). The most frequent recipient cities were New York, NY (3 grants), North Palm Beach, FL (2 grants) and Elmsford, NY (2 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "All Are for Cultural, Medical, Charitable, Etc." (6 grants).
Is The Eric Gleacher Foundation open to new grantees?
46%
first-time grantees, 2024
In 2024, 6 of 13 grantees (46%) were first-time recipients. First grants averaged $8K; repeat grants $24K. How we count
Medians: $5K first-time, $10K repeat.
- 54% of 2024 grantees were also funded in 2023. Method
- Giving grew 163% from 2021 to 2024. Method
- In 2024 it paid out 52% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Eric Gleacher Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.5M
+8.2% YoY
Annual Giving
$212K
+148.8% YoY
Grant Count
13
+18.2% YoY
Avg Grant Size
$16K
+110.5% YoY
Under IRS private-foundation payout rules, The Eric Gleacher Foundation reported a distributable amount of $410K for 2024 — the minimum it must pay out in qualifying distributions.
About The Eric Gleacher Foundation
Based on IRS filings
The Eric Gleacher Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in North Palm Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 13 grants totaling $212K. Net investment income was $603K.
Focus Areas
Ready to take the next step with The Eric Gleacher Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,477,757 | $5,984,849 | $6,613,606 |
| Revenue | $714,363 | $-512,671 | $156,668 |
| Expenses | $215,481 | $116,086 | $190,076 |
| Qualifying Distributions | $212,475 | $104,636 | $181,797 |
| Net Investment Income | $603,098 | — | — |
| Distributable Amount | $409,584 | $361,583 | $354,801 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Memorial Sloan Kettering Cancer Center ($75,000), Lost Tree Village Charitable Foundation Inc ($50,000), Western Illinois University Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MEMORIAL SLOAN KETTERING CANCER CENTER New York, NY | MELANOMA RESEARCH | $75,000 |
| LOST TREE VILLAGE CHARITABLE FOUNDATION INC North Palm Beach, FL | RIVERA BEACH HEALTH INITIATIVE | $50,000 |
| WESTERN ILLINOIS UNIVERSITY FOUNDATION Macomb, IL | MEN'S AND WOMEN'S GOLF PROGRAMS | $25,000 |
| NYU LANGONE HOSPITALS New York, NY | INTERDISCIPLINARY MELANOMA COOPERATIVE GROUP FUND | $10,000 |
| STUDENT ADVOCACY INC Elmsford, NY | ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $10,000 |
| MARINE CORPS-LAW ENFORCEMENT FOUNDATION INC Tuckahoe, NY | SCHOLARSHIP PROGRAMS | $9,500 |
| NICKLAUS CHILDREN'S HEALTH CARE FOUNDATION INC North Palm Beach, FL | ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $5,000 |
| ON COURSE FOUNDATION USA Orlando, FL | ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $5,000 |
| PALM BEACH NAVY SEAL EVENING OF TRIBUTE INC Palm Beach, FL | ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $5,000 |
| THE JAMES C FERRER EDUCATION FUND INC Southampton, NY | ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jay S Gleacher | President, Treasurer | 2 | — |
| Eric J Gleacher | Vice President, Assistant Treasurer | 2 | — |
| Sarah E Gleacher | Vice President, Secretary | 2 | — |
| William Sinclair | Vice President | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Eric Gleacher Foundation?
The Eric Gleacher Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in North Palm Beach, FL. It holds $6.5M in total assets as of 2024.
How large is The Eric Gleacher Foundation?
As of 2024, The Eric Gleacher Foundation holds $6.5M in total assets with $714K in annual revenue. It awarded 13 grants totaling $212K in 2024.
Where does The Eric Gleacher Foundation operate?
The Eric Gleacher Foundation has awarded grants in Florida, Illinois, New York.
What size grants does The Eric Gleacher Foundation award?
In 2024, The Eric Gleacher Foundation awarded 13 grants totaling $212K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is The Eric Gleacher Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Eric Gleacher Foundation reported a distributable amount of $410K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Eric Gleacher Foundation's EIN?
The Eric Gleacher Foundation's EIN (Employer Identification Number) is 20-8968979. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.