First Eagle Investments Foundation

Lake Success, NY 11042 EIN 454165305 8008391754

Total Given 2016–2024
$7.7M
2,044 grants · $857K avg/year
based on 9 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$400
typical micro grants · $100–$2K
grant size
36%
supporter · 400/1,107 multi-year
repeat
$1.1M
Assets · 2021
1,107
Distinct recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,249,001. This amount represents 25% or more of the Foundation's net assets of $1,381,343 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Education Health Environment Human Services Youth Development

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone 8008391754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $753K $2.2M $755K 153
2018 $851K $1.9M $772K 171
2019 N/A $1.7M $758K N/A
2020 $1.1M $1.4M $753K 219
2021 $1.2M $1.1M $1.0M 356
2022 $1.2M $889K $1.0M 334
2023 $1.4M $687K $1.2M 422
2024 $1.2M $747K $1.3M 389

Grant Size Distribution

Based on 2044 grants on record

Minimum
$25
25th Pctl
$100
Median
$400
Average
$4K
75th Pctl
$2K
Maximum
$100K

Geographic Distribution

US Grant Distribution Map

Officers & Directors

DO
David O'Connor 5 yrs
Dir, Vice President Leadership
MD
Melanie Dow 8+ yrs
Dir, President, Sec, Treasurer Leadership

Grants Awarded (2,044 total)

Purpose
Memorial Sloan-Kettering Cancer Center New York, NY $100,000 General & Unrestricted 2018
Memorial Sloan-Kettering Cancer Center New York, NY $100,000 Translational Research Oncology Training (TROT) Program 2020
Memorial Sloan-Kettering Cancer Center New York, NY $100,000 The Translational Research Oncology Training Program 2021
Memorial Sloan-Kettering Cancer Center New York, NY $100,000 The Translational Research Oncology Training (TROT) program 2022
Memorial Sloan-Kettering Cancer Center New York, NY $100,000 The Translational Research Oncology Training (TROT) Program 2023
Memorial Sloan-Kettering Cancer Center New York, NY $100,000 General & Unrestricted 2016
Trustees of Columbia University New York, NY $90,000 First Eagle Investments Foundation Scholarship Fund 2023
Trustees of Columbia University New York, NY $87,000 First Eagle Investments Foundation Scholarship Fund 2022
Memorial Sloan-Kettering Cancer Center New York, NY $85,000 Young Women with Breast Cancer Program 2024
Trustees of Columbia University New York, NY $84,000 First Eagle Investment Management Foundation Scholarship fund 2021
Trustees of Columbia University New York, NY $81,000 First Eagle Investment Management Foundation Scholarship fund 2020
New York Cares Inc New York, NY $75,001 General & Unrestricted 2018
Prep for Prep New York, NY $75,000 General & Unrestricted 2018
New York Cares Inc New York, NY $75,000 General & Unrestricted 2020
Prep for Prep New York, NY $75,000 General & Unrestricted 2020
New York Cares Inc New York, NY $75,000 General & Unrestricted 2021
Prep for Prep New York, NY $75,000 General & Unrestricted 2021
Prep for Prep New York, NY $75,000 General & Unrestricted 2022
Prep for Prep New York, NY $75,000 General & Unrestricted 2023
Prep for Prep New York, NY $75,000 General & Unrestricted 2024
Feeding America Chicago, IL $56,950 General & Unrestricted 2020
Prep for Prep New York, NY $55,000 General & Unrestricted 2016
New York Cares Inc New York, NY $53,606 General & Unrestricted 2016
City Harvest Inc New York, NY $52,274 General & Unrestricted 2020
City Harvest Inc New York, NY $51,250 General & Unrestricted 2021