Warner Fund Inc
Warner Fund Inc is a private foundation based in New York, New York. In 2024, it reported 33 grants totaling $391,500 to organizations including policy, education, arts, journalism, and animal-welfare organizations.
Warner Fund Inc at a glance
In short: Warner Fund Inc gave $392K across 33 grants in 2024 (avg $12K), top state New York. 9% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $391,500
- -11.8% vs 2023
- Grants made (2024)
- 33
- -34.0% vs 2023
- Average grant
- $11,864
- +33.6% vs 2023
- Median grant
- $5,000
- Total assets
- $6,832,595
- +1.9% vs 2023
- New grantees (estimate)
- 9% first-time grantees (3 of 33, 2024)
- Primary geography
- New York (34% 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 Warner Fund Inc
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. Requests may be submitted to The Warner Fund Inc as a letter of request, with no particular format necessary. Award restrictions are listed as not applicable.
- Review Cycle
- Not applicable.
- Deadline
- Not applicable.
- Contact
Application contact: The Warner Fund Inc
Mailing address: PO Box 1168 - 108 Main Street, Sag Harbor, NY 11963
Phone: (631) 725-0145
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Warner Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Institute for Policy Studies ($80K). Together the top 10 received $287K.
Grant Size Distribution
227 grants across all recorded years
The most common grant size was under $50K: 218 grants of 227 (96%).
Geographic Focus
Where this funder awards grants
In 2024, 34% of grant dollars went to recipients in New York and 31% to recipients in Washington, DC. Other leading recipient states were North Carolina (7%), Massachusetts (6%), and South Carolina (5%).
Grant Distribution by State
Share of 2024 grant dollars across all 33 itemized grants.
States
Cities
Is Warner Fund Inc open to new grantees?
9%
first-time grantees, 2024
In 2024, 3 of 33 grantees (9%) were first-time recipients. First grants averaged $8K; repeat grants $12K. How we count
Medians: $10K first-time, $5K repeat.
- 88% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−17%). Method
- In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 $368K (2020) to $474K (2021). In 2024 it made 33 grants totaling $392K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Institute for Policy Studies Washington, DC | General Support | $80,000 |
| NY Law School New York, NY | General Support | $80,000 |
| Boston College Chestnut Hill, MA | General Support | $25,000 |
| International Ctr for Journalists Washington, DC | General Support | $20,000 |
| Intl African American Museum Charleston, SC | General Support | $20,000 |
| Beau Biden Foundation Wilmington, DE | General Support | $15,000 |
| The Contemporary Art Foundation New York, NY | General Support | $15,000 |
| Carnegie Hall New York, NY | General Support | $12,000 |
| Clinton Foundation Little Rock, AR | General Support | $10,000 |
| JFK Center for Performing Arts Washington, DC | General Support | $10,000 |
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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 | $6,832,595 | $662,615 | $531,040 | $391,500 | 33 | $391,500 | $523,075 | $392,220 |
| 2023 | $6,707,137 | $644,501 | $529,444 | $444,110 | 50 | $444,110 | $259,167 | $354,340 |
| 2022 | $6,631,966 | $726,331 | $486,762 | $409,600 | 41 | $409,600 | $649,169 | $350,565 |
| 2021 | $6,374,943 | $478,813 | $577,875 | $473,800 | 57 | $473,800 | $374,738 | $398,397 |
| 2020 | $6,474,556 | $-50,152 | $460,635 | $367,750 | 46 | — | $150,370 | $350,368 |
Under IRS private-foundation payout rules, Warner Fund Inc reported a distributable amount of $392K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement is provided. The 2024 grants show support for a range of organizations. For example, the Institute for Policy Studies describes its mission as building a more equitable, ecologically sustainable, and peaceful society. Mercy for Animals describes its mission as creating a compassionate food system and a world where animals are respected, protected, and free. Vassar College describes its mission as making a thorough, liberal education accessible.
Grantmaking
In 2024, the foundation made 33 grants totaling $391,500. Grant amounts ranged from $2,000 to $80,000, with a median grant of $5,000. The largest grants included $80,000 each to the Institute for Policy Studies and NY Law School, and $25,000 to Boston College; each was designated for general support. Other grants included $20,000 to the International Center for Journalists and $20,000 to the International African American Museum, also for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Lewis Steel, Kitty Steel, Patrick Steel, Janine Steel Zane, and Brian Steel as trustees.
Warner Fund Inc's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kitty Steel
Trustee
On filings since 2020
1 hr/week
No compensation reported
Lewis Steel
Trustee
On filings since 2020
1 hr/week
No compensation reported
Brian Steel
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Janine Steel Zane
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Patrick Steel
Trustee
New on the 2024 filing
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 Warner Fund Inc
How much does Warner Fund Inc give each year?
Warner Fund Inc gave $392K across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $444K across 50 grants.
What is Warner Fund Inc's typical grant size?
Warner Fund Inc's median grant in 2024 was $5,000, and its average grant was $11,864, across 33 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Warner Fund Inc that year got $8K on average.
Where does Warner Fund Inc give grants?
Warner Fund Inc's top state is New York, with 34% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (31%) and North Carolina (7%). The most frequent recipient cities were New York, NY (9 grants), Raleigh, NC (8 grants) and Washington, DC (4 grants).
Does Warner Fund Inc give general operating support?
Yes: 100% of Warner Fund Inc's 2024 grants with a stated purpose (33 of 33) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Warner Fund Inc's largest grantees?
Warner Fund Inc's largest 2024 grantees include Institute for Policy Studies ($80,000), NY Law School ($80,000) and Boston College ($25,000), according to its 2024 IRS Form 990-PF. Together they received 47% of its itemized 2024 grant dollars.
How large is Warner Fund Inc?
Warner Fund Inc reported $6.8M in total assets on its 2024 IRS Form 990-PF. It paid out $392K in qualifying distributions that year, against a required minimum of $392K (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 does Warner Fund Inc fund?
No mission statement is provided. The 2024 grants show support for a range of organizations. For example, the Institute for Policy Studies describes its mission as building a more equitable, ecologically sustainable, and peaceful society. See mission & focus areas ↑
How do I apply for a grant from Warner Fund Inc?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Warner Fund Inc's EIN?
Warner Fund Inc's EIN (Employer Identification Number) is 26-4299529. 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Warner Fund Inc funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/warner-fund-inc-morg_3c06aa610ac74ed5a46c6dfd6af5ceb2
BibTeX
@misc{grantable_264299529_2026,
author = {{Grantable}},
title = {{Warner Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/warner-fund-inc-morg_3c06aa610ac74ed5a46c6dfd6af5ceb2},
note = {Accessed 2026-10-13. 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 Warner Fund Inc'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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