The Riggio Foundation
The Riggio Foundation is a private foundation based in New York, NY. It made 36 grants totaling $3,604,550 in 2025, supporting organizations including arts and cultural groups, a medical institution, an environmental organization, a school and neighborhood organizations.
The Riggio Foundation at a glance
In short: The Riggio Foundation gave $3.6M across 36 grants in 2025 (avg $100K), mostly in New York. 31% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,604,550
- -8.2% vs 2024
- Grants made (2025)
- 36
- -5.3% vs 2024
- Average grant
- $100,126
- -3.1% vs 2024
- Median grant
- $10,000
- Total assets
- $67,447,493
- -0.9% vs 2024
- New grantees (estimate)
- 31% first-time grantees (11 of 36, 2025)
- Primary geography
- New York (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Riggio Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 120 Fifth Avenue Suite 2Nd Fl, New York, NY 10011
Phone: (212) 633-3375
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Riggio Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was DIA Center for the Arts Inc ($2.0M). Together the top 10 received $3.4M.
Grant Size Distribution
210 grants across all recorded years
The most common grant size was under $50K: 180 grants of 210 (86%).
Geographic Focus
Where this funder awards grants
In 2025, 97% of grant dollars went to recipients in New York and 1% to recipients in Louisiana. The filing also lists shares of 0% each for South Carolina, Maryland and Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 36 itemized grants.
States
Cities
Is The Riggio Foundation open to new grantees?
31%
first-time grantees, 2025
In 2025, 11 of 36 grantees (31%) were first-time recipients. First grants averaged $207K; repeat grants $53K. How we count
Medians: $10K first-time, $10K repeat.
- 50% of 2025 grantees were also funded in 2024. Method
- Giving grew 162% from 2022 to 2025. Method
- In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.4M (2022) to $3.9M (2024). In 2025 it made 36 grants totaling $3.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| DIA Center for the Arts Inc New York, NY | To plan, realize and maintain public projects which cannot be easily produced, financed or owned by individual collectors because of their cost and magnitude. | $2,000,000 |
| Weill Cornell New York, NY | To provide exemplary and individualized clinical care, making groundbreaking biomedical discoveries, and educating generations of exceptional doctors and scientists. | $600,000 |
| Green Is the New Blue New York, NY | To promote the protection and preservation of the environment and to evaluate and inspire individuals participating in sports to reevaluate the substainability and ecological friendliness of their respective teams and events. | $250,000 |
| Hayground School and Camp Bridgehampton, NY | To continue to work at fulfilling our promise of generating opportunities for east end children and their mentors to do things they love and discover new passions on a safe, structured environment. | $250,000 |
| Union Square Partnership New York, NY | To promote, preserve, and progress vibrant neighborhood by ensuring a clean, safe, and welcoming environment. | $154,800 |
| The Tulane Educational Fund New Orleans, LA | To create, communicate, conserve knowledge, and enrich individuals and communites so they can think, learn, and lead with integrity and wisdom. | $50,000 |
| Hampton Classic Horse Show Inc Bridgehampton, NY | A premier destination for horse, people, and a much anticipated stop on the summer tour for competitors. | $40,000 |
| Central Park Conservancy New York, NY | To preserve and enhance central park as a sanctuary from the pace and presures of the city life. To enhance the enjoymnent and wellbeing of all. | $30,000 |
| Fractured Atlas New York, NY | To empower artists and arts organizations by providing the tools, resources, and support they need to sustain and advance their creative work. | $27,000 |
| The Basilica of St Patricks Old Cathedral New York, NY | To workship and celebrate the sacraments as the center of parish life, evangelization and faith formation for people of all backgrounds and service to the poor and marginalized, reflecting christ's call to charity. | $25,000 |
Ready to take the next step with The Riggio Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $67,447,493 | $3,126,688 | $3,722,865 | $3,604,550 | 36 | $3,639,661 | $3,113,484 | $3,258,210 |
| 2024 | $68,043,670 | $-14,470,970 | $4,000,907 | $3,927,823 | 38 | $3,969,021 | $3,484,766 | $3,306,123 |
| 2023 | $87,075,421 | $395,005 | $3,100,039 | $2,948,200 | 41 | $3,027,030 | $1,517,470 | $4,000,553 |
| 2022 | $89,208,551 | $7,433,617 | $1,517,153 | $1,377,200 | 46 | $1,411,531 | $565,804 | $3,929,897 |
| 2021 | $83,292,086 | $2,631,503 | $3,454,125 | $3,262,288 | 49 | — | $2,553,394 | $3,988,570 |
| 2020 | $86,367,136 | $347,788 | $3,754,077 | $3,638,817 | 60 | — | $1,044,170 | $3,997,092 |
| 2019 | $92,138,819 | $45,690,805 | $3,469,665 | $2,466,930 | 60 | — | $45,690,805 | $3,180,796 |
Under IRS private-foundation payout rules, The Riggio Foundation reported a distributable amount of $3.3M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2025 grants show support for a range of organizations. For example, Dia Center for the Arts says it advances, realizes and preserves artists’ visions, while Fractured Atlas says it empowers artists through services including fiscal sponsorship and fundraising tools. Other grantees include Weill Cornell, Green Is the New Blue, Hayground School and Camp, Union Square Partnership, and Central Park Conservancy.
Grantmaking
In 2025, the foundation made 36 grants totaling $3,604,550. Grants ranged from $250 to $2,000,000, with a median of $10,000. Earlier filings report 38 grants totaling $3,927,823 in 2024 and 41 grants totaling $2,948,200 in 2023.
The largest 2025 grants were $2,000,000 to Dia Center for the Arts and $600,000 to Weill Cornell. Other notable grants included $250,000 each to Green Is the New Blue and Hayground School and Camp, and $154,800 to Union Square Partnership. The foundation also gave $50,000 to the Tulane Educational Fund, $40,000 to Hampton Classic Horse Show, $30,000 to Central Park Conservancy, $27,000 to Fractured Atlas, and $20,000 to St. Jude Children’s Research Hospital.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Louise Riggio as trustee and Maria Florez as CFO.
The Riggio Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Louise Riggio
Trustee
On filings since 2019
15 hrs/week
No compensation reported
Maria Florez
CFO
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: leonard riggiothru (2024) — Trustee
- Former: leonard riggio (2019–2023) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Riggio Foundation
How much does The Riggio Foundation give each year?
The Riggio Foundation gave $3.6M across 36 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.9M across 38 grants.
What is The Riggio Foundation's typical grant size?
The Riggio Foundation's median grant in 2025 was $10,000, and its average grant was $100,126, across 36 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Riggio Foundation that year got $207K on average.
Where does The Riggio Foundation give grants?
The Riggio Foundation gives mostly in New York: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (12 grants), Bridgehampton, NY (5 grants) and East Hampton, NY (2 grants).
Does The Riggio Foundation give general operating support?
Not in 2025: none of the 36 grants with a stated purpose on The Riggio Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are The Riggio Foundation's largest grantees?
The Riggio Foundation's largest 2025 grantees include DIA Center for the Arts Inc ($2,000,000), Weill Cornell ($600,000) and Green Is the New Blue ($250,000), according to its 2025 IRS Form 990-PF. Together they received 79% of its itemized 2025 grant dollars.
How large is The Riggio Foundation?
The Riggio Foundation reported $67.4M in total assets on its 2025 IRS Form 990-PF. It paid out $3.6M in qualifying distributions that year, against a required minimum of $3.3M (roughly 5% of its investment assets).
What does The Riggio Foundation fund?
The available information does not state a mission for the foundation. Its 2025 grants show support for a range of organizations. See mission & focus areas ↑
How do I apply for a grant from The Riggio Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Riggio Foundation's EIN?
The Riggio Foundation's EIN (Employer Identification Number) is 13-7039631. IRS Form 990 filing data is available on this page for 2019–2025.
Does The Riggio Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 12, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 3, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 16, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in The Riggio Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Riggio Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/the-riggio-foundation-morg_75a17b0919874404890e597c81be78bd
BibTeX
@misc{grantable_137039631_2026,
author = {{Grantable}},
title = {{The Riggio Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-riggio-foundation-morg_75a17b0919874404890e597c81be78bd},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Riggio Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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