The Peggy and Millard Drexler Foundation is a private 501(c)(3) family foundation established in 1998 and based in New York City. The foundation operates as a grantmaking organization focused on supporting charitable initiatives across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
+6.1% YoY
Annual Giving
$535K
+48.5% YoY
Grant Count
20
+42.9% YoY
Avg Grant Size
$27K
+3.9% YoY
Under IRS private-foundation payout rules, The Peggy and Millard Drexler reported a distributable amount of $985K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation gives primarily for:
- Education
- Youth-related causes
- Human services
- Environmental preservation
The foundation also supports creative projects, including contracting with authors and filmmakers. One notable program area involves contracting with authors to assist in writing books focused on women's support of one another. Additionally, the foundation invests in educational documentary films, with arrangements for reimbursement as films generate proceeds from sales and distribution.
Grantmaking
The foundation made 20 grants in the most recent reporting year. Notable grantees have included the Planned Parenthood Federation of America. The foundation's grantmaking approach includes both direct grants and investment-style arrangements where the foundation may be reimbursed from proceeds generated by supported projects.
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Geographic Focus
Where this funder awards grants
The foundation is based in New York City and operates nationally.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $7,136,699
- Total Revenue: $553,654
- Total Expenses: $547,133
- Total Liabilities: $0
The foundation maintains a stable financial position with minimal liabilities and consistent annual revenues and expenses.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,569,434 | $7,136,699 | $9,081,150 |
| Revenue | $1,254,327 | $553,654 | $804,415 |
| Expenses | $821,592 | $547,133 | $1,417,410 |
| Qualifying Distributions | $837,479 | $2,125,375 | $1,379,659 |
| Net Investment Income | $1,024,457 | $439,000 | $574,064 |
| Distributable Amount | $985,349 | $483,336 | $580,170 |
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
91 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Columbia University ($125,000), Sylvester Comprehensive Cancer Center ($100,000), Newyorkpresbyterianfundinc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S FOUNDATION NEW YORK, NY | CHARITABLE | $5,000 |
| AMERICAN ACADEMY IN ROME NEW YORK, NY | CHARITABLE | $10,000 |
| ARTSCONNECTION NEW YORK, NY | CHARITABLE | $5,000 |
| ASPCA NEW YORK, NY | CHARITABLE | $2,500 |
| CENTRAL PARK CONSERVANCY NEW YORK, NY | CHARITABLE | $7,500 |
| CENTRAL SYNAGOGUE NEW YORK, NY | CHARITABLE | $25,000 |
| CHINATI FOUNDATION MARFA, TX | CHARITABLE | $11,000 |
| COLUMBIA UNIVERSITY NEW YORK, NY | CHARITABLE | $125,000 |
| FUNDFORPARKAVENUENEWYORKINC NEW YORK, NY | CHARITABLE | $1,000 |
| ICAHN SCHOOL OF MEDICINE AT MT SINAI NEW YORK, NY | CHARITABLE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MILLARD S DREXLER | CHAIRMAN/TREASU | 1 | — |
| PEGGY F DREXLER | PRESIDENT | 5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported documentary film acquisition and production, including involvement with educational documentary projects distributed through public media channels.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Peggy and Millard Drexler fund?
The foundation gives primarily for: • Education • Youth-related causes • Human services • Environmental preservation The foundation also supports creative projects, including contracting with authors and filmmakers. One notable program area involves contracting with authors to assist in writing books focused on women's support of one another. Additionally, the foundation invests in educational documentary films, with arrangements for reimbursement as films generate proceeds from sales and distr…
How do I apply for a grant from The Peggy and Millard Drexler?
The foundation made 20 grants in the most recent reporting year. Notable grantees have included the Planned Parenthood Federation of America. The foundation's grantmaking approach includes both direct grants and investment-style arrangements where the foundation may be reimbursed from proceeds generated by supported projects.
Where does The Peggy and Millard Drexler make grants?
The foundation is based in New York City and operates nationally.
What size grants does The Peggy and Millard Drexler award?
In 2024, The Peggy and Millard Drexler awarded 20 grants totaling $535K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is The Peggy and Millard Drexler required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Peggy and Millard Drexler reported a distributable amount of $985K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Peggy and Millard Drexler's EIN?
The Peggy and Millard Drexler's EIN (Employer Identification Number) is 52-2106490. IRS Form 990 filing data is available on this page for 2020–2024.
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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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