Essel Foundation Inc

Organization Overview

Essel Foundation Inc is located in Purchase, NY. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Essel Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 11/2021, Essel Foundation Inc generated $12.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $19.4m during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Essel Foundation Inc has awarded 49 individual grants totaling $37,070,538. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $6,458,120
Interest on Savings $0
Dividends & Interest $2,221,038
Net Rental Income$0
Net Gain on Sale of Assets $3,613,320
Capital Gain Net Income $3,613,322
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $12,292,478

Grants Awarded

Over the last fiscal year, Essel Foundation Inc has awarded $18,450,000 in support to 8 organizations.

Grant RecipientAmount

THE LIEBER INSTITUTE FOR BRAIN DEVELOPMENT

PURPOSE: UNSRESTRICTED GRANT

$14,999,197

BRIAN & BEHAVIOR RESEARCH FOUNDATION

PURPOSE: UNSRESTRICTED GRANT

$2,496,253

COLUMBIA UNIVERSITY

PURPOSE: UNRESTRICTED GRANT

$350,000

TRUSTEES OF COLUMBIA UNIVERSITY

PURPOSE: UNRESTRICTED GIFT

$350,000

Williamstown, MA

PURPOSE: UNRESTRICTED GRANT

$200,000

UNIVERSITY OF FLORIDA

Org PageRecipient Profile

Gainesville, FL

PURPOSE: UNRESTRICTED GRANT

$50,000
View Grant Profile

Peer Organizations

Organization NameAssets
Arnhold Foundation Inc
New York, NY
$53,665,580
The Morningside Foundation
Newton Centre, MA
$11,895,776
Prudential Foundation Inc
Newark, NJ
$53,115,847
The Grace And Mercy Foundation Inc
New York, NY
$100,220,039
The Patrick J Mcgovern Foundation Inc
Boston, MA
$20,910,577
One8 Foundation
Boston, MA
$32,279,319
Peter G Peterson Foundation
New York, NY
$50,280,779
Leon Levy Foundation
New York, NY
$121,596,253
Shubert Foundation Inc
New York, NY
$57,657,953
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
Hauser Foundation Inc
New York, NY
$9,971,722

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