The Raymond and Gloria Naftali is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $4.6M in total assets. In 2023, it awarded 6 grants totaling $173K. Net investment income was $47K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$4.6M
-4.2% YoY
Annual Giving
$173K
+5.7% YoY
Grant Count
6
-40.0% YoY
Avg Grant Size
$29K
+76.1% YoY
Under IRS private-foundation payout rules, The Raymond and Gloria Naftali reported a distributable amount of $215K for 2023 — the minimum it must pay out in qualifying distributions.
About The Raymond and Gloria Naftali
Based on IRS filings
The Raymond and Gloria Naftali is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $4.6M in total assets. In 2023, it awarded 6 grants totaling $173K. Net investment income was $47K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $4,574,112 | $4,776,362 | $5,040,094 |
| Revenue | $50,202 | $-779 | $2,059,275 |
| Expenses | $252,452 | $262,953 | $212,991 |
| Qualifying Distributions | $232,491 | $232,833 | $69,000 |
| Net Investment Income | $46,689 | $51,200 | $36,831 |
| Distributable Amount | $214,585 | $245,637 | $163,815 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include All Hallows High School ($43,652), New York Foundation for the Arts ($35,642), Friends of Sinagoga Ner Tamid Del Sud ($32,321).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL HALLOWS HIGH SCHOOL NEW YORK, NY | GENERAL SUPPORT | $43,652 |
| AMERICAN FRIENDS OF MAXXI NEW YORK, NY | GENERAL SUPPORT | $10,000 |
| FRIENDS OF SINAGOGA NER TAMID DEL SUD SARASOTA, FL | GENERAL SUPPORT | $32,321 |
| GIRLS WRITE NOW INC NEW YORK, NY | GENERAL SUPPORT | $25,000 |
| NEW YORK FOUNDATION FOR THE ARTS NEW YORK, NY | GENERAL SUPPORT | $35,642 |
| THE BROTHERHOOD SYNAGOGUE NEW YORK, NY | GENERAL SUPPORT | $26,491 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOMINICK PORTO | PRESIDENT AND DIRECTOR | 1 | $10,000 |
| ARTHUR KOPLOWITZ | TREASURER AND DIRECTOR | 1 | — |
| SALVATORE LASPADA | DIRECTOR | 1 | — |
| RONALD D'AMICO | DIRECTOR | 1 | — |
| DEREK WOLMAN | SECRETARY AND DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Raymond and Gloria Naftali?
The Raymond and Gloria Naftali is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $4.6M in total assets as of 2023.
How large is The Raymond and Gloria Naftali?
As of 2023, The Raymond and Gloria Naftali holds $4.6M in total assets with $50K in annual revenue. It awarded 6 grants totaling $173K in 2023.
Where does The Raymond and Gloria Naftali operate?
The Raymond and Gloria Naftali has awarded grants in California, District of Columbia, Florida, Illinois, Massachusetts, North Carolina, New York.
What size grants does The Raymond and Gloria Naftali award?
In 2023, The Raymond and Gloria Naftali awarded 6 grants totaling $173K — an average of about $29K per grant, based on its IRS Form 990 filings.
How much is The Raymond and Gloria Naftali required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Raymond and Gloria Naftali reported a distributable amount of $215K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Raymond and Gloria Naftali's EIN?
The Raymond and Gloria Naftali's EIN (Employer Identification Number) is 26-1267667. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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