The Volcker Family Foundation Inc
The Volcker Family Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.2M in total assets. In 2024, it awarded 4 grants totaling $1.0M. Net investment income was $2.2M.
The Volcker Family Foundation Inc at a glance
In short: The Volcker Family Foundation Inc gave $1.0M across 4 grants in 2024 (avg $260K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,040,807
- +18.3% vs 2023
- Grants made (2024)
- 4
- +100.0% vs 2023
- Average grant
- $260,202
- -40.9% vs 2023
- Median grant
- $95,000
- Total assets
- $27,176,805
- +4.4% vs 2023
- Primary geography
- New York (86% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Volcker Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was The Volcker Alliance ($800K). Together the top 4 received $1.0M.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 13 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How The Volcker Family Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (+3%). Method
- In 2024 it paid out 75% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2024, annual grant giving ranged from $250K (2020) to $1.3M (2022). In 2024 it made 4 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Volcker Alliance New York, NY | For Support of the Paul a. Volcker Fund | $800,000 |
| Rensselaer Polytechnic Institute Troy, NY | To support the endowment for the paul a. Volcker sr., class of 1911, scholarship fund. | $100,000 |
| Yale University New Haven, CT | To provide annual scholarships for masters in systemic risk candidates, and an annual paul a. Volcker leadership award to a deserving graduate. | $90,000 |
| Isles Inc Trenton, NJ | To assist the start up of the social nonprofit center | $50,807 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $27,176,805 | $2,332,530 | $1,193,253 | $1,040,807 | 4 | $1,048,360 | $2,187,637 | $1,406,476 |
| 2023 | $26,037,528 | $394,144 | $1,024,935 | $880,000 | 2 | $887,726 | $585,630 | $1,331,045 |
| 2022 | $26,668,319 | $1,294,188 | $1,492,548 | $1,300,000 | 3 | $1,310,466 | $436,481 | $1,347,897 |
| 2021 | $26,866,679 | $15,298,609 | $1,107,902 | $1,007,000 | 3 | $1,032,293 | $2,223,000 | $1,197,241 |
| 2020 | $12,675,972 | $10,365,814 | $307,329 | $250,000 | 1 | — | $365,814 | $308,679 |
Under IRS private-foundation payout rules, The Volcker Family Foundation Inc reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Volcker Family Foundation Inc is led by Anke M. Dening-Volcker, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Anke M. Dening-Volcker
President
On filings since 2020
0.5 hrs/week
No compensation reported
James P. Volcker
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Janice Volcker Zima
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Anthony J. Dowd
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Ernesto V. Luzzatto
Assistant Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Volcker Family Foundation Inc
How much does The Volcker Family Foundation Inc give each year?
The Volcker Family Foundation Inc gave $1.0M across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $880K across 2 grants.
What is The Volcker Family Foundation Inc's typical grant size?
The Volcker Family Foundation Inc's median grant in 2024 was $95,000, and its average grant was $260,202, across 4 grants on its 2024 IRS Form 990-PF.
Where does The Volcker Family Foundation Inc give grants?
The Volcker Family Foundation Inc gives mostly in New York: 86% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Connecticut (9%).
Does The Volcker Family Foundation Inc give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on The Volcker Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
How large is The Volcker Family Foundation Inc?
The Volcker Family Foundation Inc reported $27.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Volcker Family Foundation Inc's EIN?
The Volcker Family Foundation Inc's EIN (Employer Identification Number) is 13-3917327. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Volcker Family Foundation Inc funds
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