Walentas Foundation Ltd
Walentas Foundation Ltd is a private foundation based in Southampton, New York. Its 2024 filing reports 119 grants totaling $2,526,292, with most grant dollars going to recipients in New York. Listed recipients include organizations working in areas such as ALS research, arts presentation, counseling, youth and family development, education, affordable housing, and community and cultural life.
Walentas Foundation Ltd at a glance
In short: Walentas Foundation Ltd gave $2.5M across 119 grants in 2024 (avg $21K), mostly in New York. 41% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,526,292
- -18.2% vs 2023
- Grants made (2024)
- 119
- -0.8% vs 2023
- Average grant
- $21,229
- -17.5% vs 2023
- Median grant
- $7,500
- New grantees (estimate)
- 41% first-time grantees (31 of 75, 2024)
- Primary geography
- New York (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Walentas Foundation Ltd
- How to Apply
-
The filing names David C. Walentas as the contact and requests a typed, detailed analysis of the proposed use of the contribution, an analysis of the historic use of contributions, and a detailed history of the charitable organization. Awards are restricted to qualified 501(c)(3) organizations.
- Review Cycle
- The filing states that current-year contribution applications must be received by February 28. The February 28, 2026 deadline has passed.
- Deadline
- The filing states that current-year contribution applications must be received by February 28.
- Contact
Application contact: David C Walentas
Mailing address: 1240 Meadow Lane, Southampton, NY 11968
Phone: (718) 222-2500
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Walentas Foundation Ltd
Who Walentas Foundation Ltd funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Target ALS Foundation Inc ($505K). Together the top 10 received $1.0M.
Organizations only. It also paid 44 grants to individuals ($853,833), which are not listed by name.
Grant Size Distribution
480 grants across all recorded years
The most common grant size was under $50K: 405 grants of 480 (84%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that 90% of grant dollars went to recipients in New York, 6% to New Jersey, and 1% each to Pennsylvania, Massachusetts, and Connecticut. The listed awards include recipients in New York City and Brooklyn, as well as recipients in New Jersey.
Grant Distribution by State
Share of 2024 grant dollars across all 119 itemized grants.
States
Cities
Is Walentas Foundation Ltd open to new grantees?
41%
first-time grantees, 2024
In 2024, 31 of 75 grantees (41%) were first-time recipients. First grants averaged $21K; repeat grants $24K. How we count
Medians: $10K first-time, $10K repeat.
- 48% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+9%). Method
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.1M (2020) to $4.0M (2022). In 2024 it made 119 grants totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Target ALS Foundation Inc New York, NY | Community / Civic | $505,000 |
| 15 grants to individuals Recipients not named | — | $815,000 |
| New City Parks Inc New York, NY | Community / Civic | $100,000 |
| The New Shul New York, NY | Community / Civic | $100,000 |
| The Tank Ltd New York, NY | Community / Civic | $100,000 |
| YMCA of Greater NY Brooklyn, NY | Community / Civic | $60,000 |
| Outfront Media LLC Newark, NJ | Community / Civic | $41,200 |
| Counseling in Schools Inc New York, NY | Community / Civic | $35,000 |
| Good Shepherd Services New York, NY | Community / Civic | $30,000 |
| Colt Coeur Adrienne Campbell-Holt Brooklyn, NY | Arts and Culture | $25,000 |
Ready to take the next step with Walentas Foundation Ltd?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | — | $3,440,000 | $3,440,000 | $2,526,292 | 119 | $2,526,292 | — |
| 2023 | — | $3,595,000 | $3,595,000 | $3,088,596 | 120 | $3,088,596 | — |
| 2022 | — | $4,340,000 | $4,340,000 | $3,953,200 | 103 | $3,953,200 | — |
| 2021 | — | $2,620,000 | $2,627,101 | $2,308,150 | 88 | $2,627,101 | $170 |
| 2020 | $884,925 | $1,806,335 | $1,132,365 | $1,128,705 | 50 | — | $140 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s filing does not state an overall mission. Its 2024 grants include support for organizations with varied missions. For example, Target ALS Foundation says it works to overcome barriers to ALS research and advance effective treatments, while The Tank describes itself as a nonprofit arts presenter and producer serving emerging artists. Other supported organizations describe work in school counseling, youth and family development, education, affordable housing, and immigrant families’ access to science and technology learning.
The Sharpe-Walentas Studio Program provides rent-free, non-living studio space in DUMBO, Brooklyn, to 17 visual artists for year-long residencies. The program states that its mission is to provide working studio space and community for artists. It is a residency program for artists, rather than a grant program for outside applicants.
Grantmaking
In 2024, the foundation reported 119 grants totaling $2,526,292. Grant amounts ranged from $200 to $505,000, with a median of $7,500. Among the largest were $505,000 to Target ALS Foundation; $100,000 each to The Tank, New City Parks, The New Shul, and Mijonglee Design LLC; and $60,000 to YMCA of Greater NY. The filing also lists five grants of $100,000 to individual recipients.
Other 2024 awards included $35,000 to Counseling in Schools, $30,000 to Good Shepherd Services, $25,000 each to Unity Preparatory Charter School and Habitat for Humanity New York City and Westchester County, and $20,000 each to The Green-Wood Historic Fund and Sunset Spark.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists David C. Walentas as president and treasurer, and Jed Walentas as vice president.
Walentas Foundation Ltd is led by David C. Walentas, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
David C. Walentas
President & Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Jed Walentas
Vice President
On filings since 2020
5 hrs/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 Walentas Foundation Ltd
How much does Walentas Foundation Ltd give each year?
Walentas Foundation Ltd gave $2.5M across 119 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.1M across 120 grants.
What is Walentas Foundation Ltd's typical grant size?
Walentas Foundation Ltd's median grant in 2024 was $7,500, and its average grant was $21,229, across 119 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Walentas Foundation Ltd that year got $21K on average.
Where does Walentas Foundation Ltd give grants?
Walentas Foundation Ltd gives mostly in New York: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (6%). The most frequent recipient cities were New York, NY (30 grants), Brooklyn, NY (29 grants) and Philadelphia, PA (2 grants).
Does Walentas Foundation Ltd give general operating support?
Not in 2024: none of the 119 grants with a stated purpose on Walentas Foundation Ltd's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community / Civic" (102 grants), "Arts and Culture" (4 grants) and "Schools" (4 grants).
Who are Walentas Foundation Ltd's largest grantees?
Walentas Foundation Ltd's largest 2024 grantees include Target ALS Foundation Inc ($505,000), New City Parks Inc ($100,000) and The New Shul ($100,000), according to its 2024 IRS Form 990-PF. It also paid 44 grants to individuals ($853,833), which are not listed by name. Together they received 28% of its itemized 2024 grant dollars.
What does Walentas Foundation Ltd fund?
The foundation’s filing does not state an overall mission. Its 2024 grants include support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Walentas Foundation Ltd?
The filing names David C. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Walentas Foundation Ltd's EIN?
Walentas Foundation Ltd's EIN (Employer Identification Number) is 45-5331864. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Walentas Foundation Ltd's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Walentas Foundation Ltd funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/walentas-foundation-ltd-morg_8391583b226142a19825c56f9bec3d9b
BibTeX
@misc{grantable_455331864_2026,
author = {{Grantable}},
title = {{Walentas Foundation Ltd funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/walentas-foundation-ltd-morg_8391583b226142a19825c56f9bec3d9b},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Walentas Foundation Ltd's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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