The Weill Family Foundation
The Weill Family Foundation is a private family foundation established around 1967 and based in Albany, New York. Founded by Sanford I. Weill, former CEO and Chairman of Citigroup Inc. (serving as CEO until 2003 and Chairman until 2006), the foundation represents one of the most significant private philanthropies in the United States. The foundation operates as the philanthropic vehicle of Sanford I. Weill and Joan Weill.
Key facts about The Weill Family Foundation
- EIN
- 94-6795316
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $234,725
- Grants made (2024)
- 95
- Average grant
- $2,471
- Median grant
- $1,500
- New grantees (estimate)
- 33% first-time grantees (23 of 69, 2024)
- Total assets
- $868,000
- Primary geography
- New York (59% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Weill Family Foundation funds
By grant dollars, the top recipient states for The Weill Family Foundation's 95 itemized 2024 grants were New York (59%), District of Columbia (8%) and Kentucky (7%). The most frequent recipient cities were New York, NY (14 grants), Roslyn, NY (14 grants), Washington, DC (8 grants) and Riverhead, NY (2 grants). None of its 95 grants with a stated purpose were described as general or operating support. Recurring purposes include "Church" (14 grants), "Religious" (6 grants) and "Charitable" (5 grants).
Is The Weill Family Foundation open to new grantees?
33%
first-time grantees, 2024
In 2024, 23 of 69 grantees (33%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count
Medians: $2K first-time, $2K repeat.
- 45% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+4%). Method
- In 2024 it paid out 670% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$868K
+29.0% YoY
Annual Giving
$235K
+54.8% YoY
Grant Count
95
+35.7% YoY
Avg Grant Size
$2K
+14.1% YoY
Under IRS private-foundation payout rules, The Weill Family Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation focuses on three core areas: arts and culture, education, and health. The foundation emphasizes long-term institutional partnerships rather than broad grant distribution.
Grantmaking
Grant Range
** $500,000 to $100 million
Average Grant
** $1.2 million to $1.96 million
How to Apply
.
Ready to take the next step with The Weill Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation distributes funding across multiple U.S. states with a national focus. Primary funding regions include New York, Michigan, Florida, Alabama, and the District of Columbia. The foundation has supported organizations in California, New York, and Michigan, which account for 76% of all grants. Grantmaking reaches organizations across 8 states.
Grant Distribution by State
Share of all 95 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $359.5 million to $390.2 million (as of 2023-2024)
- Annual Income: $256.5 million
- Annual Giving: $19.6 million to $36.2 million
- Asset Growth: Total assets have grown from $54.5 million in 2011 to $390.2 million in 2024
Tax records are available from 2015 to 2024. Contributions to the foundation are tax-deductible.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $868,000 | $673,052 | $548,456 |
| Revenue | $199,653 | $171,258 | $78,339 |
| Expenses | $235,026 | $151,852 | $165,039 |
| Qualifying Distributions | $234,725 | $151,640 | $164,820 |
| Net Investment Income | $199,452 | $7,268 | $8,587 |
| Distributable Amount | $35,042 | $29,979 | $34,633 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
374 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Tunnels To Towers ($25,000), Timothy Hill Childrens Ranch ($17,500 across 2 grants), The Bowery Mission ($15,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| Tunnels To Towers Staten Island, NY | Charitable | $25,000 |
| Shriners Hospitals for Children Tampa, FL | Hospital for Children | $10,000 |
| The Bowery Mission New York, NY | Provide meals, shelter, and | $10,000 |
| Christian Appalacean Project Paintsville, KY | Religious | $10,000 |
| Timothy Hill Childrens Ranch Riverhead, NY | Foster Care for Children | $10,000 |
| Doctors Without Borders New York, NY | Provide Medical Care Worldwide | $7,500 |
| Timothy Hill Childrens Ranch Riverhead, NY | Foster Care for Children | $7,500 |
| ALICE LLOYD COLLEGE Pippa Passes, KY | Educational Institution | $5,000 |
| St Mary's Hospital for Children Bayside, NY | Childrens Hospital | $5,000 |
| Mercy Ships Lindale, TX | Provides life changing surgeri | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members and Officers:
- Sanford Weill — Chairman, Treasurer, Director
- Joan Weill — President, Director
- Michael Masin — Secretary, Director
- Jessica Bibliowicz — Director
- Arthur Mahon — Assistant Secretary, Assistant Treasurer, Director
- Tommy Bibliowicz — Director
- David Bibliowicz — Director
- Michael Freedman — Chief Investment Officer, Director
- Marc Weill — Director
- Viju Rajan — Director, Audit Committee
The foundation is governed by 10 officers and trustees.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Theodore Weill | Trustee | 2 | — |
| Dawn Weill | Trustee | 2 | — |
Recent News & Activity
Recent developments and announcements
**2025:** The Weill Family Foundation announced a $50 million gift to establish the Weill Cancer Hub East, in partnership with Weill Cornell Medicine.
$50 Million Gift from the Weill Family Foundation Establishes the ...**2025:** The foundation contributed to a $200 million initiative for the Weill Cancer Hub West in partnership with Stanford Medicine.
$50 Million Gift from the Weill Family Foundation Establishes the ...Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Weill Family Foundation fund?
The foundation focuses on three core areas: arts and culture, education, and health. The foundation emphasizes long-term institutional partnerships rather than broad grant distribution.
How do I apply for a grant from The Weill Family Foundation?
The Weill Family Foundation does not accept unsolicited grant applications. The foundation works exclusively with preselected charitable organizations through trustee discretion, operating on an invitation-only basis with no public application process. **Grant Characteristics:** • **Grant Range:** $500,000 to $100 million • **Median Grant:** $75,000 to $100,000 • **Average Grant:** $1.2 million to $1.96 million • **Annual Distribution:** Approximately $19.6 million to $36.2 million • **Recent G…
Where does The Weill Family Foundation make grants?
The foundation distributes funding across multiple U.S. states with a national focus. Primary funding regions include New York, Michigan, Florida, Alabama, and the District of Columbia. The foundation has supported organizations in California, New York, and Michigan, which account for 76% of all grants. Grantmaking reaches organizations across 8 states.
What size grants does The Weill Family Foundation award?
In 2024, The Weill Family Foundation awarded 95 grants totaling $235K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Weill Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Weill Family Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Weill Family Foundation's EIN?
The Weill Family Foundation's EIN (Employer Identification Number) is 94-6795316. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Weill Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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Browse active grant opportunities in The Weill Family Foundation'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.