The Reginald F Lewis Foundation Inc logo

The Reginald F Lewis Foundation Inc

NEW YORK, NY EIN: 13-3429965 Website

The Reginald F Lewis Foundation Inc is a private foundation based in New York, NY, designated as a 501(c)(3) organization. Founded in 1987 by pioneering financier and entrepreneur Reginald F. Lewis, the foundation operates as one of the largest African-American private foundations in the world. The foundation is committed to economic and social justice, particularly for African-American youth, and works to redress the consequences and legacy of institutional discrimination by investing in youth and expanding opportunity.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.1M

+3.3% YoY

Annual Giving

$614K

-2.1% YoY

Grant Count

61

+27.1% YoY

Avg Grant Size

$10K

-22.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to be a force for economic and social justice in the United States and beyond, particularly for African-American youth. The foundation is inspired by the vision of its founder, Reginald F. Lewis, who demonstrated a strategic perspective on addressing challenges and potential for progress among economically, socially, and politically oppressed communities.

Primary focus areas include:

  • Education
  • Arts and culture
  • Children and youth
  • Libraries and public libraries
  • Information and communications
  • Community development
  • Human services
  • Philanthropy and voluntarism

Grantmaking

The foundation has distributed significant resources throughout its history. As of December 2019, the Reginald F. Lewis Foundation had given away $30 million in grants since inception.

Review Cycle

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Geographic Focus

Where this funder awards grants

The foundation supports projects across numerous cities and states in the United States, including:

  • New York
  • Maryland
  • California
  • Los Angeles
  • Washington, D.C.
  • And additional locations across the country

Grant Distribution by State

16states
+8 more states

Cities

AlexandriaBaltimoreBostonBrooklynBuffaloCamarilloCambridgeCharlottesvilleChicagoCockeysvilleColumbiaConleyDoverEllicott CityElliot CityEncinoEscondidoEvanstonFresh MeadowsJackson Heights

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

  • Total assets: $24,140,280
  • Total revenues: $1,828,355
  • Total expenses: $1,063,847
  • Investment income and dividends: $489,610

As of Fiscal Year 2023:

  • Total assets: $23.4 million
  • Total revenues: $926,000
  • Total expenses: $1.32 million
  • Total liabilities: $0

Staffing:

  • 1 employee (as of 2024)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2021202220232024
Metric202420232022
Total Assets$24,140,280$23,375,772$23,773,636
Revenue$1,828,355$926,148$2,670,360
Expenses$1,063,847$1,324,012$2,692,772
Qualifying Distributions$877,518$1,124,568$2,404,562
Net Investment Income$1,633,571$740,496$2,421,691
Distributable Amount$1,426,197$1,346,751$1,592,601

Giving Over Time

Total grant dollars and number of grants per year

$0$554K$1M$2M$2M64 grants202154 grants202248 grants202361 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE BARACK OBAMA FOUNDAT…$180KCRISTO REY JESUIT HIGH S…$32KALVIN AILEY AMERICAN DAN…$25KDANCE THEATRE OF HARLEM$25KINNOVATION WORKS$25KMERCY HEALTH FOUNDATION$25KTEACH FOR AMERICA$25KTHE CHILDREN'S ORCHESTRA…$25KMARYLAND AFRICAN AMERICA…$15KPHILANTHROPIC VENTURES F…$15K

Grant Size Distribution

198 grants across all recorded years

190<$50K3$50–100K3$100–250K1$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Loida N. Lewis – Chair and Director
  • Beverly A. Cooper – Vice President, Secretary, and Director
  • Anthony S. Fugett – Director
  • Christina Lewis Halpern – Treasurer and Director

Compensation Overview

From 2024 IRS filing

BEVERLY A COOPERVP SEC. & DIRECTOR$175K

From 2024 filing

NameTitleHoursCompensation
LOIDA N LEWISCHAIR AND DIRECTOR1
BEVERLY A COOPERVP SEC. & DIRECTOR37.5$175,000
ANTHONY S FUGETTDIRECTOR1
CHRISTINA LEWIS HALPERNDIRECTOR1

Recent News & Activity

Recent developments and announcements

2022

In December 2022, the Reginald F. Lewis Foundation announced a milestone $5 million grant to the Barack Obama Foundation. The grant funds youth programs including My Brother's Keeper and Girls Opportunity, as well as the Obama Presidential Center in Chicago.

Reginald F. Lewis Foundation Makes $5 Million Commitment to Obama Foundation

The foundation continues its commitment to educational and cultural initiatives, with ongoing support for institutions focused on youth development, arts and culture, and community advancement.

Reginald F. Lewis Foundation Makes $5 Million Commitment to Obama Foundation

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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