The Mollylou Foundation is a private grantmaking foundation based in Harrison, New York. Established in 1999, it operates as a 501(c)(3) organization dedicated to philanthropic giving across multiple sectors and geographic regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.2M
+4.1% YoY
Annual Giving
$39K
-95.7% YoY
Grant Count
17
-51.4% YoY
Avg Grant Size
$2K
-91.1% YoY
Under IRS private-foundation payout rules, The Mollylou Foundation reported a distributable amount of $287K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Environmental causes
- Disaster Preparedness and Relief
- Historic Buildings
- Science Education
Grantmaking
The foundation made 20 grants in 2024, with a total giving amount of $39,227. Recent grant recipients include:
Grant Range
depending on the initiative and recipient organization.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends across multiple states, with particular activity in:
- New York
- District of Columbia
- Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $6,153,916
- Total Revenue: $893,289
- Total Expenses: $154,630
- Total Liabilities: $2,630
- Net Income: $73
Revenue Composition (2024):
- Investment income and dividends: $212,683
- Net gain from sale of non-inventory assets: $680,606
- Total grants and contributions: $0
Year-over-Year Changes (2024 vs. 2023):
- Investment income increased 461.2%
- Net gains from asset sales decreased 73%
- Total grants and contributions decreased 100% from $2,773 in 2023
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,153,916 | $5,909,642 | $6,125,807 |
| Revenue | $893,289 | $2,565,393 | $853,180 |
| Expenses | $154,630 | $1,067,895 | $285,805 |
| Qualifying Distributions | $119,630 | $1,037,895 | $285,805 |
| Net Investment Income | $1,109,090 | $2,597,463 | — |
| Distributable Amount | $286,565 | $261,690 | $265,612 |
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
95 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mercy Ships ($9,000), South Fork Natural History Society ($5,000), Simon Wiesenthal Center Inc ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BELEV ECHAD INC NEW YORK, NY | GENERAL SUPPORT | $2,500 |
| BRIDGEHAMPTON CHILD CARE AND RECREATIONAL CENTER INC BRIDGEHAMPTON, NY | GENERAL SUPPORT | $100 |
| CHARITIES AID FOUNDATION AMERICA ALEXANDRIA, VA | GENERAL SUPPORT | $1,000 |
| COMMUNITY ACCESS TO THE ARTS INC GREAT BARRINGTON, MA | GENERAL SUPPORT | $300 |
| COMPASSION AND CHOICES LITTLETON, CO | GENERAL SUPPORT | $1,000 |
| GLOBALGIVING FOUNDATION INC WASHINGTON, DC | GENERAL SUPPORT | $1,000 |
| LUSTGARTEN FOUNDATION WOODBURY, NY | GENERAL SUPPORT | $1,053 |
| MEMORIAL SLOAN-KETTERING CANCER CENTER NEW YORK, NY | GENERAL SUPPORT | $2,500 |
| MERCY SHIPS LINDALE, TX | GENERAL SUPPORT | $9,000 |
| PEOPLE FOR THE ETHICAL TREATMENT OF ANIMALS INC NORFOLK, VA | GENERAL SUPPORT | $2,774 |
Leadership & Key People
Leadership team and compensation from IRS filings
Sidney Lerner is listed as a key contact for the foundation, with an address at 215 Lexington Avenue, Suite 1001, New York, New York, 10016.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HELAINE LERNER CO PKFOD ADVISORY | PRESIDENT, TREASURER, DIRECTOR | 3 | — |
| ETHEL GARDNER CO PKFOD ADVISORY | DIRECTOR | 1 | — |
| MARLA MAIDENBAUM CO PKFOD ADVISORY | DIRECTOR | 1 | — |
| LESLIE SEFF CO PKFOD ADVISORY | SECRETARY, DIRECTOR | 3 | — |
Contact Information
Primary Address: 500 Mamaroneck Avenue, Suite 301 Harrison, NY 10528-1648
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Mollylou Foundation fund?
The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Environmental causes • Disaster Preparedness and Relief • Historic Buildings • Science Education
How do I apply for a grant from The Mollylou Foundation?
**Grant Activity (2024)** The foundation made 20 grants in 2024, with a total giving amount of $39,227. Recent grant recipients include: • Mercy Ships: $9,000 (General Support) • South Fork Natural History Society: $5,000 (General Support) • Visiting Nurse Service of New York: $3,000 (General Support) **Grant Characteristics** Typical award amounts range from $100 to $850,637, with significant variation in grant size depending on the initiative and recipient organization.
Where does The Mollylou Foundation make grants?
The foundation's grantmaking extends across multiple states, with particular activity in: • New York • District of Columbia • Virginia
What size grants does The Mollylou Foundation award?
In 2024, The Mollylou Foundation awarded 17 grants totaling $39K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Mollylou Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mollylou Foundation reported a distributable amount of $287K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mollylou Foundation's EIN?
The Mollylou Foundation's EIN (Employer Identification Number) is 13-4011378. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Mollylou Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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