The Pratt Family Foundation
The Pratt Family 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 $354K in total assets. In 2024, it awarded 12 grants totaling $316K. Net investment income was $246K.
Key facts about The Pratt Family Foundation
- EIN
- 57-1199441
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $316,310
- Grants made (2024)
- 12
- Average grant
- $26,359
- Median grant
- $8,423
- New grantees (estimate)
- 42% first-time grantees (5 of 12, 2024)
- Total assets
- $353,755
- Primary geography
- Pennsylvania (51% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Pratt Family Foundation funds
By grant dollars, the top recipient states for The Pratt Family Foundation's 12 itemized 2024 grants were Pennsylvania (51%) and New York (46%). The most frequent recipient cities were New York, NY (8 grants). None of its 12 grants with a stated purpose were described as general or operating support.
Is The Pratt Family Foundation open to new grantees?
42%
first-time grantees, 2024
In 2024, 5 of 12 grantees (42%) were first-time recipients. First grants averaged $45K; repeat grants $13K. How we count
Medians: $10K first-time, $7K repeat.
- 50% of 2024 grantees were also funded in 2023. Method
- Giving grew 107% from 2021 to 2024. Method
- In 2024 it paid out 403% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Pratt Family Foundation
- How to evaluate The Pratt Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$354K
-17.5% YoY
Annual Giving
$316K
+449.1% YoY
Grant Count
12
+100.0% YoY
Avg Grant Size
$26K
+174.6% YoY
Under IRS private-foundation payout rules, The Pratt Family Foundation reported a distributable amount of $80K for 2024 — the minimum it must pay out in qualifying distributions.
About The Pratt Family Foundation
Based on IRS filings
The Pratt Family 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 $354K in total assets. In 2024, it awarded 12 grants totaling $316K. Net investment income was $246K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $353,755 | $428,876 | $420,932 |
| Revenue | $252,056 | $81,926 | $34,066 |
| Expenses | $327,177 | $73,982 | $35,653 |
| Qualifying Distributions | $322,573 | $68,850 | $31,186 |
| Net Investment Income | $245,886 | $62,209 | $18,449 |
| Distributable Amount | $80,138 | $69,297 | $67,390 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Lehigh University ($160,000), New York Weill Cornell Medical Center Fund Inc ($50,000), Covenant Ballet Theatre of Brooklyn ($32,500).
| Recipient | Purpose | Amount |
|---|---|---|
| LEHIGH UNIVERSITY Bethlehem, PA | CHARITABLE CONTRIBUTION - TO AMPLIFY THE UNIVERSITY'S MISSION OF TEACHING, RESEARCH AND SERVICE, AND TO PROVIDE OPPORTUNITIES FOR STUDENTS TO ACHIEVE GREATER SUCCESS. | $160,000 |
| NEW YORK WEILL CORNELL MEDICAL CENTER FUND INC New York, NY | CHARITABLE CONTRIBUTION - TO SUPPORT MEDICAL RESEARCH AND HEALTHCARE SERVICES PROVIDED BY THE NEW YORK PRESBYTERIAN HOSPITAL AND WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY. | $50,000 |
| COVENANT BALLET THEATRE OF BROOKLYN Brooklyn, NY | CHARITABLE CONTRIBUTION - TO PROVIDE AN EXCELLENT LOCAL ALTERNATIVE FOR PROFESSIONAL AND STANDARD PERFORMANCE AND DANCE INSTRUCTION. | $32,500 |
| FOUNTAIN HOUSE INC New York, NY | CHARITABLE CONTRIBUTION - TO ASSIST WITH THE RECOVERY OF PEOPLE WITH SERIOUS MENTAL ILLNESS BY PROVIDING OPPORTUNITIES FOR MEMBERS THROUGH A COMMUNITY OF MUTUAL SUPPORT. | $30,000 |
| CITYMEALS ON WHEELS New York, NY | CHARITABLE CONTRIBUTION - TO PROVIDE A LIFELINE OF NUTRITIOUS FOOD AND HUMAN COMPANY TO HOMEBOUND ELDERLY NEW YORKERS. | $13,800 |
| NEW YORK CITY CENTER New York, NY | CHARITABLE CONTRIBUTION - TO SUPPORT DANCE AND MUSICAL THEATER AND TO MAKE THE ARTS ACCESSIBLE TO THE BROADEST POSSIBLE AUDIENCE. | $10,000 |
| CITY GARDENS CLUB OF NYC New York, NY | CHARITABLE CONTRIBUTION - TO FOSTER AN APPRECIATION OF NATURE AND TO ENCOURAGE THE CREATION, RESTORATION AND PRESERVATION OF GREEN SPACES THROUGHOUT THE CITY. | $6,845 |
| GREENWICH COUNCIL BOY SCOUTS OF AMERICA INCORPORATED Greenwich, CT | CHARITABLE CONTRIBUTION - TO PROMOTE SCOUTING USING THE METHODS WHICH ARE NOW COMMON USE BY SCOUTING AMERICA ("BSA"). | $5,000 |
| NAVY SEAL FOUNDATION INC Virginia Beach, VA | CHARITABLE CONTRIBUTION - TO PROVIDE CRITICAL SUPPORT FOR THE WARRIORS, VETERANS, AND FAMILIES OF NAVAL SPECIAL WARFARE. | $5,000 |
| THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC New York, NY | CHARITABLE CONTRIBUTION - TO SUPPORT, MAINTAIN, AND OPERATE AN INTERNATIONALLY PRE-EMINENT SYMPHONY ORCHESTRA IN NEW YORK. | $1,165 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Frank Pratt | President | 1 | — |
| Bonnie Johnson | Vice President | 1 | — |
| Lindsay Pratt | Secretary | 1 | — |
| William Pratt | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Pratt Family Foundation?
The Pratt Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $354K in total assets as of 2024.
How large is The Pratt Family Foundation?
As of 2024, The Pratt Family Foundation holds $354K in total assets with $252K in annual revenue. It awarded 12 grants totaling $316K in 2024.
Where does The Pratt Family Foundation operate?
The Pratt Family Foundation has awarded grants in Connecticut, New York, Pennsylvania, Virginia.
What size grants does The Pratt Family Foundation award?
In 2024, The Pratt Family Foundation awarded 12 grants totaling $316K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is The Pratt Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Pratt Family Foundation reported a distributable amount of $80K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Pratt Family Foundation's EIN?
The Pratt Family Foundation's EIN (Employer Identification Number) is 57-1199441. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.