The Sperry Fund is a 501(c)(3) private foundation established in 1962 and based in New York City. The organization operates as a grantmaking foundation focused on supporting graduate education through scholarship programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.1M
+2.5% YoY
Annual Giving
$623K
-10.9% YoY
Grant Count
69
-14.8% YoY
Avg Grant Size
$9K
+4.6% YoY
Under IRS private-foundation payout rules, The Sperry Fund reported a distributable amount of $859K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation provides scholarships for the graduate education of young men and women of exceptional promise through the Beinecke Scholarship Program.
Grantmaking
The foundation's primary grantmaking vehicle is the Beinecke Scholarship Program, which supports graduate-level education for high-achieving students.
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Geographic Focus
Where this funder awards grants
The foundation is located in New York City and operates nationally through its scholarship program.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $18.1M
- Annual Revenue: $515K
- Annual Expenses: $1.07M
- Total Liabilities: $0
Organization Status:
- Tax-exempt since February 1964
- EIN: 13-6114308
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,111,049 | $17,663,131 | $17,871,146 |
| Revenue | $515,338 | $556,890 | $1,639,063 |
| Expenses | $1,065,187 | $1,160,163 | $1,103,201 |
| Qualifying Distributions | $889,809 | $945,833 | $907,162 |
| Net Investment Income | $333,577 | $353,067 | $1,456,501 |
| Distributable Amount | $859,166 | $838,918 | $864,174 |
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
250 grants across all recorded years
Open Grants
1 open opportunity from The Sperry Fund
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Trustees of Phillips Academy ($75,000), Hudson River Sloop Clearwater Inc ($25,000), University of Florida Itf Beatrice Kyasiimire ($18,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADRIANA GONZALES BERKELEY, CA | SCHOLARSHIP | $4,000 |
| BIRKBECK UNIVERSITY OF LONDON ITF ANNEE LYONS | SCHOLARSHIP | $5,000 |
| BROWN UNIVERSITY ITF CHRISTINA STEELE PROVIDENCE, PR | SCHOLARSHIP | $7,000 |
| BRYN EVANS STANFORD, CA | SCHOLARSHIP | $4,000 |
| CHAPMAN UNIVERSITY ITF PARKER ROSE ORANGE, NJ | SCHOLARSHIP | $8,000 |
| COLLEGE OF WILLIAM & MARY ITF CHRISTOPHER MCCRACKIN WILLIAMSBURG, VA | SCHOLARSHIP | $15,000 |
| COLUMBIA UNIVERSITY ITF EYSHE BEIRICH NEW YORK, NY | SCHOLARSHIP | $6,000 |
| CORNELL UNIVERSITY ITF JOHN STARR ITHACA, NY | SCHOLARSHIP | $6,000 |
| CORNELL UNIVERSITY ITF JUHYAE KIM ITHACA, NY | SCHOLARSHIP | $6,500 |
| CORNELL UNIVERSITY ITF JUHYAE KIM ITHACA, NY | SCHOLARSHIP | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FREDERICK W BEINECKE | PRESIDENT & DIRECTOR | 2 | — |
| JOHN B BEINECKE | VICE PRESIDENT & DIRECTOR | 2 | — |
| R SCOTT GREATHEAD | SECRETARY & DIRECTOR | 2 | $3,000 |
| SARAH BEINECKE RICHARDSON | DIRECTOR | 2 | — |
| FRANCES G BEINECKE | DIRECTOR | 2 | — |
| MAUREEN HOWLEY | TREASURER | 5 | — |
| DIANE M FLYNN | DIRECTOR (JOINED 10/30/23) | 2 | $3,000 |
Contact Information
- Address: 99 Park Ave, Room 2220, New York, NY
- Phone: 212-370-1165
- Website: beineckescholarship.org
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Sperry Fund fund?
The foundation provides scholarships for the graduate education of young men and women of exceptional promise through the Beinecke Scholarship Program.
How do I apply for a grant from The Sperry Fund?
The foundation's primary grantmaking vehicle is the Beinecke Scholarship Program, which supports graduate-level education for high-achieving students.
Where does The Sperry Fund make grants?
The foundation is located in New York City and operates nationally through its scholarship program.
What size grants does The Sperry Fund award?
In 2024, The Sperry Fund awarded 69 grants totaling $623K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Sperry Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sperry Fund reported a distributable amount of $859K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sperry Fund's EIN?
The Sperry Fund's EIN (Employer Identification Number) is 13-6114308. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Sperry Fund's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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