The Furtherance Fund Inc
The Furtherance Fund Inc is a private foundation based in New York, NY. Its 2025 grants supported charitable organizations and institutions working in areas including land preservation, religion, and education.
The Furtherance Fund Inc at a glance
In short: The Furtherance Fund Inc gave $320K across 6 grants in 2025 (avg $53K), top state New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $320,000
- -13.5% vs 2024
- Grants made (2025)
- 6
- -14.3% vs 2024
- Average grant
- $53,333
- +0.9% vs 2024
- Median grant
- $30,000
- Total assets
- $4,899,688
- +2.3% vs 2024
- Primary geography
- New York (44% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to The Furtherance Fund Inc
- 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: 60 East 42Nd Street 38Th Fl, New York, NY 10165
Phone: (212) 557-7700
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Furtherance Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Olmsted Manor Retreat Center ($125K). Together the top 6 received $320K.
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 31 grants of 46 (67%).
Geographic Focus
Where this funder awards grants
In 2025, 44% of grant dollars went to recipients in New York, 39% to Pennsylvania, 9% to New Jersey, and 8% to Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
How The Furtherance Fund Inc gives
- Giving fell 49% from 2022 to 2025. Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $320K (2025) to $11.5M (2023). In 2025 it made 6 grants totaling $320K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Olmsted Manor Retreat Center Ludlow, PA | Religious | $125,000 |
| Adirondack Land Trust Inc Keene, NY | Land Preservation | $100,000 |
| Princeton University Princeton, NJ | Educational | $30,000 |
| The Macdowell Colony New York, NY | Educational | $30,000 |
| The Nature Conservancy-Adirondack Chapter Arlington, VA | Adirondack Nature Conservancy | $25,000 |
| Woodlawn Conservancy Inc Bronx, NY | Educational | $10,000 |
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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 | $4,899,688 | $433,756 | $325,515 | $320,000 | 6 | $320,000 | $270,116 | $333,227 |
| 2024 | $4,791,447 | $378,280 | $410,355 | $370,000 | 7 | $395,667 | $239,754 | $304,862 |
| 2023 | $4,823,522 | $798,988 | $11,497,957 | $11,466,697 | 1 | $11,480,027 | $626,140 | $756,558 |
| 2022 | $8,975,569 | $723,052 | $652,072 | $625,000 | 16 | $631,627 | $550,900 | $830,291 |
| 2021 | $8,904,589 | $1,107,645 | $649,815 | $620,000 | 16 | — | $938,692 | $635,775 |
Under IRS private-foundation payout rules, The Furtherance Fund Inc reported a distributable amount of $333K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for educational purposes, religious purposes, and land preservation. Among its grantees, Adirondack Land Trust says its mission is to conserve forests, farmlands, waters, and wild places in the Adirondacks. Woodlawn Conservancy says it works to enhance Woodlawn Cemetery as a natural, educational, and cultural landmark and preserve it for future generations.
Grantmaking
In 2025, the foundation made 6 grants totaling $320,000. Grants ranged from $10,000 to $125,000, with a median of $30,000. Notable grants included $125,000 to Olmsted Manor Retreat Center for religious purposes, $100,000 to Adirondack Land Trust for land preservation, $30,000 each to Princeton University and The MacDowell Colony for educational purposes, and $10,000 to Woodlawn Conservancy for educational purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Craig Standish as president, James F Kelly as vice president, and Andrew L Tansey as secretary.
The Furtherance Fund Inc is led by Craig Standish, President on the 2025 filing; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Craig Standish
President
New on the 2025 filing
1 hr/week
No compensation reported
Andrew L. Tansey
Secretary
On filings since 2021
0.5 hrs/week
No compensation reported
James F. Kelly
Vice President
On filings since 2023
0.5 hrs/week
No compensation reported
Former officers (3)
- Former: Alexandra M. Olmsted (2021–2024) — Member
- Former: Katharine H. Olmsted (2021–2024) — Member
- Former: Robert M. Olmsted (2021–2024) — President & Treasurer · Filing note: Deceased
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Furtherance Fund Inc
How much does The Furtherance Fund Inc give each year?
The Furtherance Fund Inc gave $320K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $370K across 7 grants.
What is The Furtherance Fund Inc's typical grant size?
The Furtherance Fund Inc's median grant in 2025 was $30,000, and its average grant was $53,333, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Furtherance Fund Inc give grants?
The Furtherance Fund Inc's top state is New York, with 44% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Pennsylvania (39%) and New Jersey (9%).
Does The Furtherance Fund Inc give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on The Furtherance Fund Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (3 grants).
Who are The Furtherance Fund Inc's largest grantees?
The Furtherance Fund Inc's largest 2025 grantees include Olmsted Manor Retreat Center ($125,000), Adirondack Land Trust Inc ($100,000) and Princeton University ($30,000), according to its 2025 IRS Form 990-PF. Together they received 80% of its itemized 2025 grant dollars.
How large is The Furtherance Fund Inc?
The Furtherance Fund Inc reported $4.9M in total assets on its 2025 IRS Form 990-PF. It paid out $320K in qualifying distributions that year, against a required minimum of $333K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Furtherance Fund Inc fund?
No mission statement for the foundation is provided. Its 2025 grants show support for educational purposes, religious purposes, and land preservation. Among its grantees, Adirondack Land Trust says its mission is to conserve forests, farmlands, waters, and wild places in the Adirondacks. See mission & focus areas ↑
How do I apply for a grant from The Furtherance Fund Inc?
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 Furtherance Fund Inc's EIN?
The Furtherance Fund Inc's EIN (Employer Identification Number) is 13-6195082. IRS Form 990 filing data is available on this page for 2021–2025.
Does The Furtherance Fund Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS December 7, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 3, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 11, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 16, 2026)
- IRS filings on file for fiscal years 2021–2025
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