The Torgovnik Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $523K in total assets. In 2024, it awarded 4 grants totaling $139K. Net investment income was $198K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$523K
+4.1% YoY
Annual Giving
$139K
-0.9% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$35K
-25.7% YoY
Under IRS private-foundation payout rules, The Torgovnik Foundation Inc reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
About The Torgovnik Foundation Inc
Based on IRS filings
The Torgovnik Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $523K in total assets. In 2024, it awarded 4 grants totaling $139K. Net investment income was $198K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $523,281 | $502,715 | $498,261 |
| Revenue | $169,264 | $151,182 | $132,764 |
| Expenses | $150,638 | $151,890 | $138,182 |
| Qualifying Distributions | $139,433 | $140,700 | $132,503 |
| Net Investment Income | $197,711 | $2,131 | $297,157 |
| Distributable Amount | $21,235 | $19,526 | $13,419 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cornell University ($69,433), Hospital for Special Surgery ($30,000), Mount Sinai Hospital ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CORNELL UNIVERSITY ITHACA, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $69,433 |
| HOSPITAL FOR SPECIAL SURGERY NEW YORK, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $30,000 |
| MOUNT SINAI HOSPITAL NEW YORK, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $30,000 |
| UNITED JEWISH APPEAL FEDERATION NEW YORK, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VLADIMIR TORGOVNIK | DIRECTOR | 0.5 | — |
| LARA TRAUM | DIRECTOR | 0.5 | — |
| MICHAEL LAMOTTA | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Torgovnik Foundation Inc?
The Torgovnik Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. It holds $523K in total assets as of 2024.
How large is The Torgovnik Foundation Inc?
As of 2024, The Torgovnik Foundation Inc holds $523K in total assets with $169K in annual revenue. It awarded 4 grants totaling $139K in 2024.
Where does The Torgovnik Foundation Inc operate?
The Torgovnik Foundation Inc has awarded grants in New York.
What size grants does The Torgovnik Foundation Inc award?
In 2024, The Torgovnik Foundation Inc awarded 4 grants totaling $139K — an average of about $35K per grant, based on its IRS Form 990 filings.
How much is The Torgovnik Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Torgovnik Foundation Inc reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Torgovnik Foundation Inc's EIN?
The Torgovnik Foundation Inc's EIN (Employer Identification Number) is 87-3596739. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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