Turan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTBURY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 15 grants totaling $103K. Net investment income was $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+5.5% YoY
Annual Giving
$103K
+18.4% YoY
Grant Count
15
+36.4% YoY
Avg Grant Size
$7K
-13.2% YoY
Under IRS private-foundation payout rules, Turan Family Foundation reported a distributable amount of $88K for 2024 — the minimum it must pay out in qualifying distributions.
About Turan Family Foundation
Based on IRS filings
Turan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTBURY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 15 grants totaling $103K. Net investment income was $40K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,817,866 | $1,723,564 | $1,621,868 |
| Revenue | $120,096 | $55,422 | $74,814 |
| Expenses | $104,278 | $88,133 | $82,134 |
| Qualifying Distributions | $103,000 | $87,000 | $81,000 |
| Net Investment Income | $40,032 | $33,967 | $36,339 |
| Distributable Amount | $87,705 | $82,256 | $88,984 |
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
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lustgarten Foundation ($10,000), Hias ($10,000), Uja Federation of Ny ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FAIR MEDIA COUNCIL HUNTINGTON, NY | DONATION | $2,000 |
| LITTLE SHELTER ANIMAL RESCUE HUNTINGTON, NY | DONATION | $5,000 |
| STONY BROOK FOUNDATION ADMINISTRATION, NY | DONATION | $2,000 |
| LUSTGARTEN FOUNDATION WOODBURY, NY | DONATION | $10,000 |
| TROOPERS MEMORIAL FUND INC HOLBROOK, NY | DONATION | $5,000 |
| HIAS SILVER SPRING, MD | DONATION | $10,000 |
| UJA FEDERATION OF NY SYOSSET, NY | DONATION | $10,000 |
| AMERICAN SOCIETY OF THE FRENCH ACAD NEW YORK, NY | DONATION | $8,000 |
| DOCTORS WITHOUT BORDERS USA HAGERSTOWN, MD | DONATION | $10,000 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | DONATION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NINA J TURAN | President | — | — |
| MADELINE A TURAN | Secretary | — | — |
| RICHARD B TURAN | Director | — | — |
| JACK D TURAN | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Turan Family Foundation?
Turan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTBURY, NY. It holds $1.8M in total assets as of 2024.
How large is Turan Family Foundation?
As of 2024, Turan Family Foundation holds $1.8M in total assets with $120K in annual revenue. It awarded 15 grants totaling $103K in 2024.
Where does Turan Family Foundation operate?
Turan Family Foundation has awarded grants in California, Connecticut, Florida, Massachusetts, Maryland, New York.
What size grants does Turan Family Foundation award?
In 2024, Turan Family Foundation awarded 15 grants totaling $103K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Turan Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Turan Family Foundation reported a distributable amount of $88K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Turan Family Foundation's EIN?
Turan Family Foundation's EIN (Employer Identification Number) is 11-3515284. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Turan Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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