2-4-3 Foundation

EIN 845176024

Lake Success, NY 11042 |(800) 839-1754

Total Given 2020–2023
$24.8M
11 grants · $6.2M avg/year
based on 4 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$820K
typical big bets · $100K–$1.9M
grant size
17%
balanced · 1/6 multi-year
repeat
$26.0M
Assets (2023)
6
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, 2022, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $19,079,143. This amount represents 25% or more of the Foundation's net assets of $53,576,811 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2022. 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.

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2020 $207K $54.1M $52.9M 4
2022 $20.7M $26.8M $-604K 4
2023 $3.9M $26.0M $1.5M 3

Grant Size Distribution

Based on 11 grants on record

Minimum
$2K
25th Pctl
$100K
Median
$820K
Average
$2.3M
75th Pctl
$1.9M
Maximum
$14.5M

Geographic Distribution

Officers & Directors

Grants Awarded (11 total)

Purpose
2-4-3 Foundation Wilmington, DE $14,548,475 Expenditure Responsibility Grant (see general explanation) 2022
2-4-3 Foundation Wilmington, DE $3,487,817 Expenditure Responsibility Grant (see general explanation) 2022
2-4-3 Foundation Wilmington, DE $2,561,088 EXPENDITURE RESPONSIBILITY GRANT 2023
Schwab Charitable Fund San Francisco, CA $1,325,995 Jane Hoffman Maxwell Donor Advised Fund 2022
Schwab Charitable Fund San Francisco, CA $1,325,995 Scott Maxwell Donor Advised Fund 2022
2-4-3 Foundation Wilmington, DE $820,407 EXPENDITURE RESPONSIBILITY GRANT 2023
2-4-3 Foundation Wilmington, DE $505,618 EXPENDITURE RESPONSIBILITY GRANT 2023
Athena Alliance Moss Beach, CA $100,000 General & Unrestricted 2020
Massachusetts Institute of Technology Cambridge, MA $100,000 General & Unrestricted 2020
Pasados Safe Haven Sultan, WA $5,000 General & Unrestricted 2020
The Sisterhood Is Global Institute Inc New York, NY $2,000 To support emergency relief efforts of KAFA 2020