Timothy and Michele Barakett Foundation
The Timothy and Michele Barakett Foundation is a private grantmaking foundation established in 2007 and based in New York City. It holds 501(c)(3) tax-exempt status and operates as a family foundation focused on philanthropic giving across multiple sectors and geographic regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.7M
-19.0% YoY
Annual Giving
$8.8M
+17.2% YoY
Grant Count
35
+9.4% YoY
Avg Grant Size
$253K
+7.2% YoY
Mission & Focus Areas
The foundation does not publicly specify particular subject areas of focus. However, based on grant activity, the foundation supports education, philanthropy and grantmaking, and human services. Recent grants indicate funding interests in food security, medical research, and sports-related charitable work.
Grantmaking
The foundation is an active grantmaker with significant annual distributions. Recent financial data shows:
Grant Range
** Typical awards range from $1,000 to $2,000,000
Ready to take the next step with Timothy and Michele Barakett Foundation?
Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple U.S. locations including:
- Cities: Binghamton, Boston, Cambridge, Lincoln, Menlo Park, New York, Oakland, Palo Alto, and Washington DC
- States: California, Massachusetts, New York, Rhode Island, and Washington DC
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $11.9 million
- Total revenues: $469,559
- Total expenses: $7.86 million
- Total liabilities: $5,000
- Investment income and dividends: $172,660
As of 2024:
- Total assets: $9.66 million
- Total giving: $8.84 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,661,775 | $11,921,915 | $17,703,403 |
| Revenue | $6,877,907 | $469,559 | $14,404,342 |
| Expenses | $9,133,047 | $7,857,191 | $11,955,308 |
| Qualifying Distributions | $8,839,000 | $7,538,760 | $11,698,500 |
| Net Investment Income | $5,858,299 | $187,903 | $5,772,809 |
| Distributable Amount | $1,154,528 | $1,296,784 | $2,338,276 |
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
198 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by two uncompensated trustees:
- Timothy Barakett — Trustee (1 hour per week, no compensation)
- Michele Barakett — Trustee (1 hour per week, no compensation)
Timothy R. Barakett is the founder, chairman, and CEO of the hedge fund Atticus Capital, LLC.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY BARAKETT | TRUSTEE | 1 | — |
| MICHELE BARAKETT | TRUSTEE | 1 | — |
Contact Information
Address: 244 5th Avenue, Suite 2927, New York City, NY 10001
Telephone: 212-256-8522
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Timothy and Michele Barakett Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities