The Theodore J Forstmann Charitable Tr
EIN 471716810Total Given 2018–2024
$104.1M
215 grants · $14.9M avg/year
based on 7 yrs of IRS 990-PF records on file
$10M+/yr
major funder
capacity
$250K
typical big bets · $104K–$500K
grant size
59%
supporter · 49/83 multi-year
repeat
$25.4M
Assets (2024)
83
Distinct Recipients
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
(516) 508-9623
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | $17.9M | $125.6M | $5.2M | 28 |
| 2019 | N/A | $110.5M | $4.1M | N/A |
| 2020 | $14.7M | $96.7M | $2.3M | 32 |
| 2021 | $16.3M | $79.5M | $674K | 36 |
| 2022 | $19.0M | $58.8M | $144K | 41 |
| 2023 | $19.2M | $41.1M | $703K | 41 |
| 2024 | $17.1M | $25.4M | $1.8M | 37 |
Grant Size Distribution
Based on 215 grants on record
Minimum
$10K
25th Pctl
$104K
Median
$250K
Average
$484K
75th Pctl
$500K
Maximum
$5.0M
Geographic Distribution
Texas Counties Served
0.5% of US grants
· Rank #12 of 13 states
$50K across
1 grant
1 of 254 counties
Top 1 counties
- 1 Harris
Officers & Directors
BN
Bessemer Trust Company Na
7+ yrs
Co-Trustee
KB
Kathleen Broderick
7+ yrs
Co-Trustee
MM
Margot McGinness
7+ yrs
Co-Trustee
CO
Courtney O'Malley
6 yrs
Executive Director to Trus
Leadership
MM
Margot McGinness
7+ yrs
Co-Trustee
BN
Bessemer Trust Company Na
7+ yrs
Co-Trustee
KB
Kathleen Broderick
7+ yrs
Co-Trustee
CO
Courtney O'Malley
6 yrs
Executive Director to Trus
Leadership
MM
Margot McGinness
7+ yrs
Co-Trustee
KB
Kathleen Broderick
7+ yrs
Co-Trustee
BN
Bessemer Trust Company Na
7+ yrs
Co-Trustee
CO
Courtney O'Malley
6 yrs
Executive Director to Trus
Leadership
MM
Margot McGinness
7+ yrs
Co-Trustee
BN
Bessemer Trust Company Na
7+ yrs
Co-Trustee
KB
Kathleen Broderick
7+ yrs
Co-Trustee
CO
Courtney O'Malley
6 yrs
Executive Director to Trus
Leadership
BN
Bessemer Trust Company Na
7+ yrs
Co-Trustee
KB
Kathleen Broderick
7+ yrs
Co-Trustee
MM
Margot McGinness
7+ yrs
Co-Trustee
CO
Courtney O'Malley
6 yrs
Executive Director to Trus
Leadership
MM
Margot McGinness
7+ yrs
Co-Trustee
BN
Bessemer Trust Company Na
7+ yrs
Co-Trustee
KB
Kathleen Broderick
7+ yrs
Co-Trustee
CO
Courtney O'Malley
6 yrs
Executive Director to Trus
Leadership
BN
Bessemer Trust Company Na
7+ yrs
Trustee
KB
Kathleen Broderick
7+ yrs
Trustee
MM
Margot McGinness
7+ yrs
Trustee
Grants Awarded (215 total)
| Purpose | ||||
|---|---|---|---|---|
| Children'S Scholarship Fund | New York, NY | $4,975,000 | GENERAL EXEMPT PURPOSE | 2018 |
| Children'S Scholarship Fund | New York, NY | $4,937,500 | GENERAL EXEMPT PURPOSE | 2021 |
| Children'S Scholarship Fund | New York, NY | $4,375,000 | GENERAL EXEMPT PURPOSE | 2020 |
| Mayo Clinic | Scottsdale, AZ | $3,350,000 | GENERAL EXEMPT PURPOSE | 2018 |
| Marys Meals Usa Inc | Bloomfield, NJ | $3,350,000 | GENERAL EXEMPT PURPOSE | 2024 |
| Children'S Scholarship Fund | New York, NY | $3,065,000 | GENERAL EXEMPT PURPOSE | 2023 |
| Children'S Scholarship Fund | New York, NY | $2,975,000 | GENERAL EXEMPT PURPOSE | 2022 |
| Children'S Scholarship Fund | New York, NY | $2,818,000 | GENERAL EXEMPT PURPOSE | 2024 |
| Spence-Chapin Services to Families and Children | New York, NY | $2,236,677 | GENERAL EXEMPT PURPOSE | 2023 |
| New Alternatives for Children Inc | New York, NY | $2,000,000 | GENERAL EXEMPT PURPOSE | 2022 |
| A Place Called Home | Los Angeles, CA | $1,959,790 | GENERAL EXEMPT PURPOSE | 2021 |
| African Leadership Foundation | New York, NY | $1,590,000 | GENERAL EXEMPT PURPOSE | 2022 |
| African Leadership Foundation | New York, NY | $1,545,000 | GENERAL EXEMPT PURPOSE | 2020 |
| Partnership Schools | New York, NY | $1,368,640 | GENERAL EXEMPT PURPOSE | 2022 |
| Marys Meals Usa Inc | Bloomfield, NJ | $1,333,334 | GENERAL EXEMPT PURPOSE | 2021 |
| Marys Meals Usa Inc | Bloomfield, NJ | $1,333,333 | GENERAL EXEMPT PURPOSE | 2020 |
| Shining Hope for Communities Inc | New York, NY | $1,300,000 | GENERAL EXEMPT PURPOSE | 2018 |
| African Leadership Foundation | New York, NY | $1,210,000 | GENERAL EXEMPT PURPOSE | 2023 |
| New Alternatives for Children Inc | New York, NY | $1,200,000 | GENERAL EXEMPT PURPOSE | 2020 |
| African Leadership Foundation | New York, NY | $1,050,000 | GENERAL EXEMPT PURPOSE | 2018 |
| New Alternatives for Children Inc | New York, NY | $1,000,000 | GENERAL EXEMPT PURPOSE | 2018 |
| A Place Called Home | Los Angeles, CA | $967,600 | GENERAL EXEMPT PURPOSE | 2022 |
| A Place Called Home | Los Angeles, CA | $933,330 | GENERAL EXEMPT PURPOSE | 2023 |
| Wolakota Waldorf Society | Kyle, SD | $900,000 | GENERAL EXEMPT PURPOSE | 2023 |
| Crossover Mission | Vero Beach, FL | $900,000 | GENERAL EXEMPT PURPOSE | 2022 |