The Fritz and Hedy Billig Foundatio

NEW YORK, NY EIN: 87-3478326

The Fritz and Hedy Billig Foundatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $379K in total assets. In 2024, it awarded 6 grants totaling $18K. Net investment income was $7K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$379K

+10.1% YoY

Annual Giving

$18K

-20.9% YoY

Grant Count

6

-53.8% YoY

Avg Grant Size

$3K

+71.4% YoY

About The Fritz and Hedy Billig Foundatio

Based on IRS filings

The Fritz and Hedy Billig Foundatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $379K in total assets. In 2024, it awarded 6 grants totaling $18K. Net investment income was $7K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

ArlingtonBostonGarden ValleyGreat NeckHagerstownHuntingtonMerrifieldMontgomeryNew YorkVirginia BeachWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$112K$225K$337K$449K2021202220232024
Metric202420232022
Total Assets$378,841$343,944$309,155
Revenue$49,647$8,073$-64,685
Expenses$26,869$26,201$21,558
Qualifying Distributions$18,200$23,000$20,500
Net Investment Income$6,945$9,542$1,947
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$17K$23K0 grants20219 grants202213 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

CARBON180$8KCLEAN AIR TASK FORCE$8KSOUTHERN POVERTY LAW CEN…$600DOCTORS WITHOUT BORDERS$600OPERATION SMILE$600MERCY SHIPS$600

Grant Size Distribution

28 grants across all recorded years

28<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Carbon180 ($7,900), Clean Air Task Force ($7,900), Southern Poverty Law Center ($600).

RecipientPurposeAmount
CARBON180 WASHINGTON, DCTO REDUCE CARBON EMISSIONS$7,900
SOUTHERN POVERTY LAW CENTER MONTGOMERY, ALTO BRING RACIAL JUSTICE AND EQUALITY$600
DOCTORS WITHOUT BORDERS NEW YORK, NYTO PROVIDE HUMANITARIAN AID GLOBALLY$600
OPERATION SMILE VIRGINIA BEACH, VATO DELIVER SAFE SURGERY TO PEOPLE$600
CLEAN AIR TASK FORCE BOSTON, MATO REDUCE HARMFUL EMISSIONS IN AIR$7,900
MERCY SHIPS GARDEN VALLEY, TXTO PROVIDE MEDICAL AID TO NEEDY AREA$600

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KAY ANITA COVINGTONPRESIDENT
GERALD GOLDMANVICE-PRESIDE
SCOTT GABRIELTREASURER
DAVID GOLDMANVICE-PRESIDE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Fritz and Hedy Billig Foundatio?

The Fritz and Hedy Billig Foundatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $379K in total assets as of 2024.

How large is The Fritz and Hedy Billig Foundatio?

As of 2024, The Fritz and Hedy Billig Foundatio holds $379K in total assets with $50K in annual revenue. It awarded 6 grants totaling $18K in 2024.

Where does The Fritz and Hedy Billig Foundatio operate?

The Fritz and Hedy Billig Foundatio has awarded grants in Alabama, District of Columbia, Massachusetts, Maryland, New York, Texas, Virginia.

What size grants does The Fritz and Hedy Billig Foundatio award?

In 2024, The Fritz and Hedy Billig Foundatio awarded 6 grants totaling $18K — an average of about $3K per grant, based on its IRS Form 990 filings.

What is The Fritz and Hedy Billig Foundatio's EIN?

The Fritz and Hedy Billig Foundatio's EIN (Employer Identification Number) is 87-3478326. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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