The Lazard Charitable Foundation
The Lazard Charitable Foundation is a private foundation based in New York, NY. Its 2024 grants supported nonprofit organizations, including organizations working in education, youth career development, youth justice, health, and the arts.
The Lazard Charitable Foundation at a glance
In short: The Lazard Charitable Foundation gave $1.6M across 437 grants in 2024 (avg $4K), mostly in New York. 53% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,560,131
- -4.3% vs 2023
- Grants made (2024)
- 437
- +14.1% vs 2023
- Average grant
- $3,570
- -16.1% vs 2023
- Median grant
- $500
- Total assets
- $9,659
- -85.1% vs 2023
- New grantees (estimate)
- 53% first-time grantees (230 of 435, 2024)
- Primary geography
- New York (72% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Lazard Charitable Foundation
- How to Apply
-
The filing states that the Foundation does not restrict giving to preselected organizations. It lists a letter and a description of the organization and its activities as application materials. Ineligible organizations include religious organizations, government agencies, political organizations, lobbying groups, labor organizations, fraternal organizations, business or industry associations, private foundations, and 501(c)(3) organizations further classified as 509(a)(3) Type III supporting organizations.
- Contact
Application contact: Lazard Charitable Foundation
Mailing address: 30 Rockefeller Plaza, New York, NY 10112
Phone: (212) 632-6748
Email: lazardfoundation@lazard.com
Website: https://lazard.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Lazard Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was New Visions for Public Schools Inc ($670K). Together the top 10 received $1.1M.
Grant Size Distribution
2,347 grants across all recorded years
The most common grant size was under $50K: 2,329 grants of 2,347 (99%).
Geographic Focus
Where this funder awards grants
In 2024, New York recipients received 72% of grant dollars, followed by California at 11%, New Jersey at 3%, and Illinois and Massachusetts at 2% each. The Foundation’s New Visions Academy is described as serving New York City public high school students.
Grant Distribution by State
Share of 2024 grant dollars across all 437 itemized grants.
States
Cities
Is The Lazard Charitable Foundation open to new grantees?
53%
first-time grantees, 2024
In 2024, 230 of 435 grantees (53%) were first-time recipients. First grants averaged $5K; repeat grants $2K. How we count
Medians: $438 first-time, $625 repeat.
- 35% of 2024 grantees were also funded in 2023. Method
- Giving grew 56% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $998K (2021) to $1.6M (2023). In 2024 it made 437 grants totaling $1.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Visions for Public Schools Inc New York, NY | Unrestricted | $670,100 |
| Futures and Options Inc New York, NY | Unrestricted | $100,000 |
| New Door Ventures San Francisco, CA | Unrestricted | $100,000 |
| Youth Justice Network Inc New York, NY | Unrestricted | $100,000 |
| American Friends of Magen David Adom New York, NY | Unrestricted | $50,298 |
| Empower-Emerging Markets Foundation New York, NY | Unrestricted | $11,750 |
| Trustees of the University of Pennsylvania Philadelphia, PA | Unrestricted | $7,825 |
| On Site Opera Inc New York, NY | Unrestricted | $7,000 |
| Memorial Sloan Kettering Cancer Center New York, NY | Unrestricted | $6,866 |
| St Jude Children's Research Hospital Memphis, TN | Unrestricted | $6,234 |
Ready to take the next step with The Lazard Charitable Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $9,659 | $1,509,184 | $1,564,550 | $1,560,131 | 437 | $1,560,131 | $829 |
| 2023 | $65,025 | $1,689,472 | $1,637,714 | $1,629,486 | 383 | $1,629,486 | $1,494 |
| 2022 | $13,267 | $1,338,050 | $1,332,815 | $1,321,786 | 443 | $1,321,786 | $3,320 |
| 2021 | $8,032 | $1,003,745 | $1,005,140 | $997,699 | 437 | $1,005,140 | $19 |
| 2020 | $9,427 | $1,188,627 | $1,179,332 | $1,160,859 | 647 | — | $999 |
Under IRS private-foundation payout rules, The Lazard Charitable Foundation reported a distributable amount of $829 for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s 2021 impact report identifies children’s education and food insecurity as needs it sought to address during the pandemic. It also describes the Lazard New Visions Academy, a signature initiative providing New York City public high school students with postsecondary-readiness opportunities, financial literacy skills, and professional development support.
Among the organizations it supported in 2024, New Visions for Public Schools says its mission is to improve education in NYC public schools and help students graduate prepared for college and careers. Futures and Options describes its work expanding career opportunities for students from diverse backgrounds and historically underrepresented communities. Youth Justice Network says it works to break cycles of incarceration through individualized advocacy, mentorship, and opportunities for young people. New Door Ventures describes its work preparing opportunity youth for work and life through jobs, training, education, and support.
Grantmaking
In 2024, the Foundation reported 437 grants totaling $1,560,131. Grants ranged from $25 to $670,100, with a median grant of $500. The largest grants included $670,100 to New Visions for Public Schools, $100,000 each to Futures and Options, New Door Ventures, and Youth Justice Network, and $50,298 to American Friends of Magen David Adom. These grants were listed as unrestricted.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Steven Pearl as chairman of the board and Ronald Temple as a director.
The Lazard Charitable Foundation is led by Steven Pearl, Chairman of the Board on every filing since 2023; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Steven Pearl
Chairman of the Board
On filings since 2023
No compensation reported
Ronald Temple
Director
On filings since 2023
No compensation reported
Former officers (7)
- Former: Nargis Hilal (2020–2023) — Secretary
- Former: Dennis Neveling (2023) — Director
- Former: Rahul Rekhi (2023) — Director
- Former: Alexander F. Stern (2020–2022) — Treasurer & Director
- Former: Ashish Bhutani (2020–2022) — President & Director
- Former: Isabella Calvo (2020–2022) — Assistant Secretary
- Former: Scott D. Hoffman (2020–2022) — Secretary & Director
Data from IRS Form 990 filings, 2020–2024. "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 Lazard Charitable Foundation
How much does The Lazard Charitable Foundation give each year?
The Lazard Charitable Foundation gave $1.6M across 437 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 383 grants.
What is The Lazard Charitable Foundation's typical grant size?
The Lazard Charitable Foundation's median grant in 2024 was $500, and its average grant was $3,570, across 437 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Lazard Charitable Foundation that year got $5K on average.
Where does The Lazard Charitable Foundation give grants?
The Lazard Charitable Foundation gives mostly in New York: 72% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (11%). The most frequent recipient cities were New York, NY (107 grants), Washington, DC (13 grants), San Francisco, CA (11 grants) and Brooklyn, NY (11 grants).
Does The Lazard Charitable Foundation give general operating support?
Yes: 100% of The Lazard Charitable Foundation's 2024 grants with a stated purpose (437 of 437) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Lazard Charitable Foundation's largest grantees?
The Lazard Charitable Foundation's largest 2024 grantees include New Visions for Public Schools Inc ($670,100), Futures and Options Inc ($100,000) and New Door Ventures ($100,000), according to its 2024 IRS Form 990-PF. Together they received 56% of its itemized 2024 grant dollars.
How large is The Lazard Charitable Foundation?
The Lazard Charitable Foundation reported $10K in total assets on its 2024 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $829 (roughly 5% of its investment assets).
What does The Lazard Charitable Foundation fund?
The Foundation’s 2021 impact report identifies children’s education and food insecurity as needs it sought to address during the pandemic. See mission & focus areas ↑
How do I apply for a grant from The Lazard Charitable Foundation?
The filing states that the Foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Lazard Charitable Foundation's EIN?
The Lazard Charitable Foundation's EIN (Employer Identification Number) is 82-4711344. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Lazard Charitable Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Lazard Charitable Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-lazard-charitable-foundation-morg_f5c52f638281406db222e2c67b403475
BibTeX
@misc{grantable_824711344_2026,
author = {{Grantable}},
title = {{The Lazard Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-lazard-charitable-foundation-morg_f5c52f638281406db222e2c67b403475},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Lazard Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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