The Purchase Fund
The Purchase Fund is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 1 grants totaling $400K. Net investment income was $291K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
Annual Giving
$400K
Grant Count
1
Avg Grant Size
$400K
Under IRS private-foundation payout rules, The Purchase Fund reported a distributable amount of $187K for 2024 — the minimum it must pay out in qualifying distributions.
About The Purchase Fund
Based on IRS filings
The Purchase Fund is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 1 grants totaling $400K. Net investment income was $291K.
Ready to take the next step with The Purchase Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $2,622,199 | $4,649,801 | $4,565,899 |
| Revenue | $304,290 | $324,128 | $281,401 |
| Expenses | $416,684 | $229,381 | $1,423,076 |
| Qualifying Distributions | $400,425 | $205,434 | — |
| Net Investment Income | $291,231 | $295,238 | $205,364 |
| Distributable Amount | $186,683 | $325,788 | $333,578 |
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
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Schwab Charitable Donor-advised Fund for Anderson Hill ($400,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHWAB CHARITABLE DONOR-ADVISED FUND FOR ANDERSON HILL ORLANDO, FL | GENERAL CHARITABLE PURPOSES | $400,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIGID S FLANIGAN | TRUSTEE | — | — |
| TIMOTHY P FLANIGAN | TRUSTEE | — | — |
| MEGAN FLANIGAN | TRUSTEE | — | — |
| ROBERT W FLANIGAN | TRUSTEE | — | — |
| SHEILA FLANIGAN | TRUSTEE | — | — |
Frequently Asked Questions
How large is The Purchase Fund?
As of 2024, The Purchase Fund holds $2.6M in total assets with $304K in annual revenue. It awarded 1 grants totaling $400K in 2024.
Where does The Purchase Fund operate?
The Purchase Fund has awarded grants in Florida, Virginia.
What size grants does The Purchase Fund award?
In 2024, The Purchase Fund awarded 1 grants totaling $400K — an average of about $400K per grant, based on its IRS Form 990 filings.
How much is The Purchase Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Purchase Fund reported a distributable amount of $187K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Purchase Fund's EIN?
The Purchase Fund's EIN (Employer Identification Number) is 13-7005756. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Purchase Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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