The Iac Foundation Inc

EIN 133994361

New York, NY 10017 |(212) 314-7230

Total Given 2020–2024
$4.5M
324 grants · $895K avg/year
based on 5 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$10K
typical small grants · $5K–$15K
grant size
31%
supporter · 67/216 multi-year
repeat
$21.3M
Assets (2024)
216
Distinct Recipients

Focus Areas

Education Health Arts & Culture Environment Youth Development

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Contact Person IAC FOUNDATION SCHOLARSHIP
Phone (212) 314-7230
Deadlines SUBMISSION DEADLINES CAN BE FOUND ON THE WEBSITE: HTTPS://WWW.IAC.COM/APPLY-PAGE
How to Apply APPLICATION INFORMATION CAN BE FOUND ON THE WEBSITE: HTTPS://WWW.IAC.COM/APPLY-PAGE
Restrictions APPLICANTS MUST HAVE A DEMONSTRABLE NEED FOR FINANCIAL ASSISTANCE, WHETHER THEIR HOUSEHOLD INCOME FALLS BELOW THE DESIGNATED NATIONAL POVERTY LEVEL, OR THEIR CULTURAL OR FAMILY BACKGROUND HAS PLACED THEM AT AN EDUCATIONAL DISADVANTAGE. ELIGIBILITY WILL BE ASSESSED INDIVIDUALLY BASED ON THE COMPOSITION AND INCOME OF A STUDENT'S FAMILY. APPLICANTS MUST BE FEDERAL PELL GRANT-ELIGIBLE STUDENTS AS INDICATED ON THEIR FAFSA STUDENT AID REPORT (SAR). FOLLOWING AWARD NOTIFICATION, STUDENTS WILL BE REQUIRED TO PROVIDE A COPY OF THEIR ELIGIBILITY LETTER. APPLICANTS MUST DEMONSTRATE A RECORD OF ACADEMIC SUCCESS. APPLICANTS MUST BE STUDENTS ENROLLED OR PLANNING TO ENROLL AT AN ACCREDITED COLLEGE OR UNIVERSITY, RANGING FROM RISING COLLEGE FRESHMEN TO FIRST YEAR PHD STUDENTS.

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2020 $373K $24.6M $25.0M 20
2021 $882K $25.0M $1.0M 63
2022 $998K $20.3M $-313K 84
2023 $982K $20.8M $-146K 69
2024 $1.2M $21.3M $853K 88

Grant Size Distribution

Based on 324 grants on record

Minimum
$1K
25th Pctl
$5K
Median
$10K
Average
$14K
75th Pctl
$15K
Maximum
$250K

Geographic Distribution

US Grant Distribution Map

Officers & Directors

TS
Tanya Stanich 5+ yrs
Dir, Vice President & Assistant Secretary Leadership
MS
Michael Schwerdtman
Vice President &Assistant Treasurer Leadership
KC
Kyra Ayo Caros
Vice President & Assistant Secretary Leadership
KH
Kendall Handler 3 yrs
Dir, Vice President & Secretary Leadership
CH
Christopher Halpin 3 yrs
Dir, Vice President & Treasurer Leadership
AW
Anastasia K Von Walkenberg 4 yrs
Vice President & Assistant Secretary Leadership
DF
David Flynn 5+ yrs
Vice President, Tax Leadership
ED
Eric Degraw 5+ yrs
Vice President, Tax Leadership
SK
Suzanne Kennedy 5+ yrs
Vice President Philanthropic Giving Leadership
NS
Nick Stoumpas 5+ yrs
Vice President &Assistant Treasurer Leadership

Grants Awarded (324 total)

Purpose
Gotham Gives New York, NY $250,000 Science Education 2021
E4E Relief Llc Charlotte, NC $115,000 HARDSHIP RELIEF 2024
Mgm Resorts Foundation Las Vegas, NY $100,000 HUMAN SERVICES 2024
E4E Relief Llc Charlotte, NC $75,000 HUMAN SERVICES 2023
Prosecutor Impact Inc Boston, MA $50,000 GRANT TO SUPPORT THEIR COMMUNITY SAFETY PROGRAM 2020
Robin Hood Foundation New York, NY $50,000 Education and Human Services 2021
Iowa State University Foundation Ames, IA $50,000 EDUCATION IN SUPPORT OF APPRENTICE PROGRAM 2023
The Juillard School New York, NY $50,000 EDUCATION 2023
Ali Forney Center New York, NY $50,000 HUMAN SERVICES 2024
Iowa State University Foundation Ames, IA $50,000 EDUCATION 2024
The Juilliard Foundation New York, NY $50,000 EDUCATION 2024
The Juilliard School New York City, NY $50,000 Education 2022
Clooney Foundation for Justice New York, NY $50,000 Supporting CFJ staff and fellows 2022
Natl Consortium for Graduate Degrees for Minoritie Alexandria, VA $45,000 Education - sponsoring 2 GEM Fellowships 2021
Friends of Hudson River Park Inc New York, NY $35,000 Education (Includes program) 2022
Carnegie Hall New York, NY $30,000 GRANT FOR THEIR NATIONAL YOUTH ENSEMBLES 2020
New York Restoration Project New York, NY $30,000 GRANT TO SUPPORT ENVIRONMENTAL EDUCATION PROGRAMS 2020
Friends of Hudson River Park Inc New York, NY $30,000 Human Services 2021
Carnegie Hall Society Inc New York, NY $30,000 Education -Support their national youth ensemble 2021
United Way of Central Iowa Des Moines, IA $30,000 HUMAN SERVICES 2023
Friends of Hudson River Park New York, NY $30,000 EDUCATION 2024
The Carnegie Hall Corporation New York, NY $30,000 Education in support of their educational initiatives 2022
Hudson Guild New York, NY $30,000 Emergency Relief 2022
Ali Forney Center New York, NY $27,000 Homeless Youth 2022
Friends of the High Line New York, NY $25,000 GRANT TO SUPPORT PROGRAMS DEALING WITH EDUCATION/WORKFORCE DEVELOPMENT, INCLUSION, ENTREPRENEURSHIP AND NARROWING... 2020