The Steven B Schonfeld Foundation Inc
The Steven B Schonfeld Foundation is a private independent foundation established in 2001 and based in Jericho, New York. The foundation is designated as a 501(c)(3) organization and operates as a grantmaking foundation focused on philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25K
-4.2% YoY
Annual Giving
$856K
-49.5% YoY
Grant Count
13
-38.1% YoY
Avg Grant Size
$66K
-18.5% YoY
Under IRS private-foundation payout rules, The Steven B Schonfeld Foundation Inc reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's stated mission is "to support education that instills confidence and competence, while promoting respect and responsibility as cornerstones for a lifetime of learning and global citizenship."
Primary funding areas include:
- Education
- Youth education and character development
- Human services
- Philanthropy, voluntarism, and grantmaking
Grantmaking
The foundation established the Steven B Schonfeld Computer Science and Computer Engineering Scholarship and Award in partnership with the University of Miami in 2023. The program supports female students pursuing degrees in computer science and computer engineering. The foundation expanded the program in 2024 to support four female sophomores annually, increased from the original two annually.
Average Grant
amount: $50,000–$750,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, Maryland, and Michigan, with recent activity also in Florida through the University of Miami partnership.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $26,227
- Total revenues: $1,693,767
- Total expenses: $1,695,749
- Total liabilities: $0
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,115 | $26,227 | $28,209 |
| Revenue | $855,002 | $1,693,767 | $1,875,000 |
| Expenses | $856,114 | $1,695,749 | $1,939,255 |
| Qualifying Distributions | $855,750 | $1,695,245 | $1,939,059 |
| Net Investment Income | $2 | $2 | — |
| Distributable Amount | $1,170 | $1,339 | $1,739 |
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
130 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Univeristy of Miami ($620,000), Friends of the Israel Defense Forces ($50,000), Green Vale School ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN HEART ASSOCIATION DALLAS, TX | TO FOSTER APPROPRIATE CARDIAC CARE IN AN EFFORT TO REDUCE DISABILITY AND DEATHS CAUSED BY CARDIOVASCULAR DISEASE AND STROKE | $1,200 |
| CYSTIC FIBROSIS FOUNDATION BETHESDA, MD | TO CURE CYSTIC FIBROSIS AND TO PROVIDE ALL PEOPLE WITH CF THE OPPORTUNITY TO LEAD LONG, FULFILLING LIVES BY FUNDING RESEARCH AND DRUG DEVELOPMENT, PARTNERING WITH THE CF COMMUNITY, AND ADVANCING HIGH-QUALITY, SPECIALIZED CARE. | $900 |
| FRIENDS OF THE ISRAEL DEFENSE FORCES NEW YORK, NY | TO CHAMPION THE SOLDIERS OF THE IDF AND CARE FOR THEIR NEEDS AS THEY PROTECT THE STATE OF ISRAEL, DEMOCRATIC VALUES, AND WESTERN CIVILIZATION. | $50,000 |
| GREEN VALE SCHOOL GLEN HEAD, NY | TO SUPPORT EDUCATION THAT INSTILLS CONFIDENCE AND COMPETENCE, WHILE PROMOTING RESPECT AND RESPONSIBILITY AS CORNERSTONES FOR A LIFETIME OF LEARNING AND GLOBAL CITIZENSHIP | $50,000 |
| JEWISH FEDERATION OF PALM BEACH COUNTY WEST PALM BEACH, FL | STRENGTHEN JEWISH IDENTITY, ENERGIZE THE RELATIONSHIP WITH ISRAEL AND MEET HUMAN NEEDS THAT ARE UNIQUELY THE OBLIGATION OF THE JEWISH COMMUNITY. | $500 |
| NASSAU COUNTY POLICE DEPARTMENT MINEOLA, NY | TO SERVE THE PEOPLE OF NASSAU COUNTY AND TO PROVIDE SAFETY AND IMPROVED QUALITY OF LIFE IN OUR COMMUNITIES THROUGH EXCELLENCE IN POLICING. | $2,500 |
| NORTHWELL HEALTH FOUNDATION NEW HYDE PARK, NY | NORTHWELL HEALTH FOUNDATION IS COMMITTED TO DISCOVERY AND RESEARCH, HIGH-QUALITY PATIENT CARE, TRAINING FUTURE GENERATIONS OF HEALTH CARE LEADERS AND RAISING THE STANDARD OF HEALTH CARE. | $10,000 |
| OLD WESTBURY PBA CHAPTER - NASSAU POLICE CONFERENCE OLD WESTBURY, NY | TO PROVIDE ASSISTANCE AND SUPPORT TO POLICE OFFICERS AND THEIR FAMILIES | $10,000 |
| PANCREATIC CANCER ACTION NETWORK MANHATTAN BEACH, CA | TO TAKE BOLD ACTION TO IMPROVE THE LIVES OF EVERYONE IMPACTED BY PANCREATIC CANCER BY ADVANCING SCIENTIFIC RESEARCH, BUILDING COMMUNITY, SHARING KNOWLEDGE AND ADVOCATING FOR PATIENTS. | $10,300 |
| SUNRISE ASSOCIATION OCEANSIDE, NY | TO BRING BACK THE JOYS OF CHILDHOOD TO CHILDREN WITH CANCER AND THEIR SIBLINGS WORLD-WIDE. | $350 |
Leadership & Key People
Leadership team and compensation from IRS filings
Ryan Tolkin serves as Vice President of the Steven B Schonfeld Foundation and is also CEO and CIO of Schonfeld Strategic Advisors.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN B SCHONFELD | PRESIDENT | 2 | — |
| ANDREW FISHMAN | VICE PRESIDENT | 1 | — |
| RYAN TOLKIN | VICE PRESIDENT | 1 | — |
| MARK PECKMAN | SECRETARY & GENERAL COUNSE | 1 | — |
| DANIELLE PIZZO | VICE PRESIDENT | 1 | — |
| ADAM ROCKFELD | CHIEF FINANCIAL OFFICER | 1 | — |
Recent News & Activity
Recent developments and announcements
In 2024, the Steven B Schonfeld Foundation increased its commitment to the University of Miami's Computer Science and Computer Engineering Scholarship program. The expanded program now supports four female sophomores annually instead of the original two, demonstrating the foundation's growing commitment to increasing representation of women in STEM fields.
Steven B Schonfeld Foundation - Full Filing - Nonprofit ExplorerSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Steven B Schonfeld Foundation Inc fund?
The foundation's stated mission is "to support education that instills confidence and competence, while promoting respect and responsibility as cornerstones for a lifetime of learning and global citizenship." Primary funding areas include: • Education • Youth education and character development • Human services • Philanthropy, voluntarism, and grantmaking
How do I apply for a grant from The Steven B Schonfeld Foundation Inc?
**Grant Activity:** • Made 21 grants in 2023 • Total giving in 2023: $1,695,245 • Average grant amount: $50,000–$750,000 • Recent notable grants include: • Northwell Health Foundation: $750,000 (2023) • St Francis Hospital Foundation: $250,000 (2023) • UJA-Federation of New York: $111,800 (2023) • Green Vale School (Glen Head, NY): $100,000 (2021) **Scholarship Programs:** The foundation established the Steven B Schonfeld Computer Science and Computer Engineering Scholarship and Award in partne…
Where does The Steven B Schonfeld Foundation Inc make grants?
The foundation primarily funds organizations in New York, Maryland, and Michigan, with recent activity also in Florida through the University of Miami partnership.
What size grants does The Steven B Schonfeld Foundation Inc award?
In 2024, The Steven B Schonfeld Foundation Inc awarded 13 grants totaling $856K — an average of about $66K per grant, based on its IRS Form 990 filings.
How much is The Steven B Schonfeld Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Steven B Schonfeld Foundation Inc reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Steven B Schonfeld Foundation Inc's EIN?
The Steven B Schonfeld Foundation Inc's EIN (Employer Identification Number) is 13-4166757. IRS Form 990 filing data is available on this page for 2020–2024.
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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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