The Independent Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.9M in total assets. In 2024, it awarded 1 grants totaling $314K. Net investment income was $385K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.9M
+52.0% YoY
Annual Giving
$314K
+23.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$314K
+23.7% YoY
About The Independent Foundation
Based on IRS filings
The Independent Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.9M in total assets. In 2024, it awarded 1 grants totaling $314K. Net investment income was $385K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,944,027 | $6,542,146 | $5,195,935 |
| Revenue | $3,407,742 | $1,141,814 | $1,164,508 |
| Expenses | $337,103 | $271,790 | $272,241 |
| Qualifying Distributions | $314,283 | $254,105 | $254,561 |
| Net Investment Income | $384,931 | $162,432 | $60,828 |
| Distributable Amount | $88,559 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Eduard Korsinsky | President | — | — |
| Joseph Levi | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Druckenmiller Foundation
NEW YORK, NY
Assets
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$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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