The Hazen Polsky Foundation Inc

NEW YORK, NY EIN: 51-0245812

The Hazen Polsky Foundation Inc is a private family foundation established in 1980 and based in New York City. Located at 980 Madison Avenue, Room 206, the foundation focuses its philanthropic efforts on the arts, education, and healthcare, with particular emphasis on supporting hospitals, especially cancer-focused institutions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.1M

-11.1% YoY

Annual Giving

$1.1M

+1.0% YoY

Grant Count

+12.5% YoY

Avg Grant Size

$59K

-10.2% YoY

Under IRS private-foundation payout rules, The Hazen Polsky Foundation Inc reported a distributable amount of $528K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary giving interests include:

Arts — including support for museums and cultural institutions
Education — grants to educational nonprofits and institutions
Healthcare — with particular focus on hospitals and medical research
Philanthropy and Voluntarism — grantmaking and charitable activities

Grantmaking

The foundation made 17 grants in 2024, with typical award amounts ranging from $4,925 to $274,100.

Grant Types

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in New York and the District of Columbia.

Grant Distribution by State

New York $4.1M (94%)

District of Columbia $187K (4%)

Alabama $50K (1%)

California $30K (1%)

States

Alabama California District of Columbia New York

Cities

Los AngelesMontgomeryNew WindsorNew YorkWashingtonWhite Plains

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $7,141,324
Total Annual Giving: $1,061,925
Total Revenues: $488,999
Total Expenses: $1,374,988
Investment Income and Dividends: $189,828
Net Gain from Sale of Non-Inventory Assets: $240,286
Number of Employees: 0

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,141,324	$8,028,487	$8,923,274
Revenue	$488,999	$456,045	$618,437
Expenses	$1,374,988	$1,350,913	$1,027,025
Qualifying Distributions	$1,296,067	$1,295,820	$951,098
Net Investment Income	$416,042	$397,240	$551,466
Distributable Amount	$528,294	$482,885	$519,925

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

83 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Metropolitan Museum ($200,000), Weill Cornell Medical College ($200,000), Storm King Art Center ($172,000).

Recipient	Purpose	Amount
ANTI-DEFAMATION LEAGUE NEW YORK, NY	GENERAL OPERATING PURPOSE	$25,000
BREAST CANCER RESEARCH FOUNDATION NEW YORK, NY	GENERAL OPERATING PURPOSE	$15,000
CENTRAL PARK CONSERVANCY NEW YORK, NY	GENERAL OPERATING PURPOSE	$10,000
HISTORICAL SOCIETY OF THE NEW YORK COURTS WHITE PLAINS, NY	GENERAL OPERATING PURPOSE	$10,000
INTERNATIONAL FOUNDATION FOR ART RESEARCH NEW YORK, NY	GENERAL OPERATING PURPOSE	$4,925
JAZZ FOUNDATION OF AMERICA NEW YORK, NY	GENERAL OPERATING PURPOSE	$35,000
MELANOMA RESEARCH ALLIANCE WASHINGTON, DC	GENERAL OPERATING PURPOSE	$10,000
MEMORIAL SLOAN KETTERING NEW YORK, NY	GENERAL OPERATING PURPOSE	$100,000
METROPOLITAN MUSEUM NEW YORK, NY	GENERAL OPERATING PURPOSE	$200,000
PLANNED PARENTHOOD OF NEW YORK CITY NEW YORK, NY	GENERAL OPERATING PURPOSE	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LEON POLSKY	PRESIDENT	8	—
ALEX POLSKY	VP/TREASURER	2	—
NICHOLAS POLSKY	VP/SECRETARY	10	—
CYNTHIA POLSKY	CHAIRMAN	15	—

Contact Information

Telephone: 212-751-4917
Address: 980 Madison Avenue, Room 206, New York City, NY 10075-1848
EIN: 51-0245812

Frequently Asked Questions

What does The Hazen Polsky Foundation Inc fund?

The foundation's primary giving interests include: • **Arts** — including support for museums and cultural institutions • **Education** — grants to educational nonprofits and institutions • **Healthcare** — with particular focus on hospitals and medical research • **Philanthropy and Voluntarism** — grantmaking and charitable activities

How do I apply for a grant from The Hazen Polsky Foundation Inc?

**Grant Activity:** The foundation made 17 grants in 2024, with typical award amounts ranging from $4,925 to $274,100. **Recent Grants (2024):** • Metropolitan Museum of Art: $200,000 (General Operating Purpose) • Storm King Art Center: $172,000 (General Operating Purpose) • The Rockefeller University: $110,000 (General Operating Purpose) **Grant Types:** The foundation primarily funds general operating purposes for its grantees.

Where does The Hazen Polsky Foundation Inc make grants?

The foundation's grantmaking is concentrated in New York and the District of Columbia.

What size grants does The Hazen Polsky Foundation Inc award?

In 2024, The Hazen Polsky Foundation Inc awarded 18 grants totaling $1.1M — an average of about $59K per grant, based on its IRS Form 990 filings.

How much is The Hazen Polsky Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hazen Polsky Foundation Inc reported a distributable amount of $528K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Hazen Polsky Foundation Inc's EIN?

The Hazen Polsky Foundation Inc's EIN (Employer Identification Number) is 51-0245812. IRS Form 990 filing data is available on this page for 2020–2024.