The Torgovnik Foundation Inc
The Torgovnik Foundation Inc is a private foundation, based in Miami, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $542K in total assets. In 2025, it awarded 3 grants totaling $140K. Net investment income was $156K.
The Torgovnik Foundation Inc at a glance
In short: The Torgovnik Foundation Inc gave $140K across 3 grants in 2025 (avg $47K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $140,000
- +0.4% vs 2024
- Grants made (2025)
- 3
- -25.0% vs 2024
- Average grant
- $46,667
- +33.9% vs 2024
- Median grant
- $30,000
- Total assets
- $541,576
- +3.5% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Torgovnik Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Cornell University ($80K). Together the top 3 received $140K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 8 grants of 12 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How The Torgovnik Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+6%). Method
- In 2025 it paid out 565% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $133K (2022) to $141K (2023). In 2025 it made 3 grants totaling $140K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cornell University Ithaca, NY | Unrestricted Grant to Support the Organization's Exempt Purpose. | $80,000 |
| 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 |
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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 | $541,576 | $169,168 | $150,873 | $140,000 | 3 | $140,000 | $156,016 | $24,776 |
| 2024 | $523,281 | $169,264 | $150,638 | $139,433 | 4 | $139,433 | $197,711 | $21,235 |
| 2023 | $502,715 | $151,182 | $151,890 | $140,700 | 3 | $140,700 | $2,131 | $19,526 |
| 2022 | $498,261 | $132,764 | $138,182 | $132,503 | 2 | $132,503 | $297,157 | $13,419 |
| 2021 | $503,679 | $503,679 | — | — | — | — | — | $1,619 |
Under IRS private-foundation payout rules, The Torgovnik Foundation Inc reported a distributable amount of $25K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Torgovnik Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lara Traum
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Michael Lamotta
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Vladimir Torgovnik
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Torgovnik Foundation Inc
How much does The Torgovnik Foundation Inc give each year?
The Torgovnik Foundation Inc gave $140K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $139K across 4 grants.
What is The Torgovnik Foundation Inc's typical grant size?
The Torgovnik Foundation Inc's median grant in 2025 was $30,000, and its average grant was $46,667, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Torgovnik Foundation Inc give grants?
The Torgovnik Foundation Inc gives mostly in New York: 100% 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 (2 grants).
Does The Torgovnik Foundation Inc give general operating support?
Yes: 100% of The Torgovnik Foundation Inc's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Torgovnik Foundation Inc?
The Torgovnik Foundation Inc reported $542K in total assets on its 2025 IRS Form 990-PF. It paid out $140K in qualifying distributions that year, against a required minimum of $25K (roughly 5% of its investment assets).
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 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work The Torgovnik Foundation Inc funds
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