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TURKISH PHILANTHROPY FUNDS INC

NEW YORK, NY · EIN 208392006 · Form 990 · FY2024 · NTEE Q12 · International Affairs · Medium ($1M-$10M) · tpfund.org
revenue
$8.7M
expenses
$6.6M
net assets
$33.3M
employees
7
volunteers
22
program ratio
83%
mission · from form 990

THE ORGANIZATION'S MISSION IS HELPING INDIVIDUAL AND CORPORATE DONORS REALIZE THEIR PHILANTHROPIC GOALS TO MEET COMMUNITY NEEDS IN THE UNITED STATES OF AMERICA AND IN TURKEY.

profile · synthesized from sources

Turkish Philanthropy Funds (TPF) is a nonprofit organization that supports individual and corporate donors in achieving their philanthropic goals in the United States and Turkey. It facilitates strategic giving through donor-advised funds, grantmaking, and partnerships with civil society organizations. The organization focuses on disaster relief, education, cultural preservation, and community development in both countries.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $2.03M
    PASS THROUGH GRANT-MAKING: TPF PARTNERS WITH NON-PROFIT ORGANIZATIONS IN TURKEY WHICH CAN RAISE FUNDS IN THE USA THROUGH TPF (ONLINE, ETC). THESE FUNDS ARE THEN GRANTED TO THESE ORGANIZATIONS WITH APPROVAL FROM THE BOARD.
  2. #2 $905K
    DONOR-ADVISED GRANTMAKING: TPF OFFERS CERTAIN FUND TYPES INCLUDING ADVISED DESIGNATED AND FRIENDS OF FUNDS THAT ALLOW DONORS TO REMAIN ENGAGED IN THE GRANTMAKING PROCESS BY SUGGESTING USES FOR THEIR GIFT. DONORS MAKE GRANT RECOMMENDATIONS FOR A GRANT TO A SPECIFIC ORGANIZATION OR A PROJECT ONCE TPF'S STAFF HAVE ENSURED THE RECIPIENT ORGANIZATIONS IS A 501(C)(3) EQUIVALENT (FOR TURKEY) OR IN GOOD STANDING (FOR U.S.) AND THAT THE ORGANIZATION IS FINANCIALLY SOUND AND HAS FILED THE NECESSARY TAX DOCUMENTS. TPF'S BOARD OF DIRECTORS REVIEWS AND APPROVES THE GRANT. GRANTS ARE MONITORED AND EVALUATED BASED ON TPF'S GRANT MANAGEMENT PROCEDURES.
named programs · 3 · from sources

What they call their work

Earthquake Fund
Deployed to support reconstruction and rehabilitation efforts in Southeastern Turkey following the 2023 earthquakes, funding emergency relief and long-term recovery projects.
Founders Society
A leadership giving circle of major donors who support TPF’s mission and programs through sustained, high-level contributions.
Programs Committee
Oversees the development and implementation of TPF’s grantmaking initiatives, focusing on education, arts, and community resilience in Turkey and the U.S.
activities · 10 groups

What they do

  • Disaster Relief and Recovery Services 2 activities
    • Children’s wellness and trauma recovery programs
      Provides support to children affected by disasters, including medical and emotional care at facilities such as the Children’s Wellness Center, as demonstrated by assistance to Aliye following her rescue from earthquake rubble.
    • Disaster response and long-term recovery in Türkiye
      Responds to natural disasters and humanitarian emergencies in Türkiye, including the 2023 earthquakes, wildfires, floods, and the COVID-19 pandemic, by mobilizing millions of dollars in aid and supporting recovery, rebuilding, and resilience-building in affected communities such as Hatay and Gaziantep.
  • Menstrual Health and Hygiene Equity 1 activity
    • Advancing menstrual justice through NGO partnership
      Co-founded Konuşmamız Gerek, Türkiye’s first NGO dedicated to menstrual justice, which has reached over two million girls and women across 32 provinces.
  • Donor-Advised Fund Grantmaking 1 activity
    • Donor-advised and legacy giving services
      Offers tailored philanthropic vehicles including Donor-Advised Funds, planned gifts, bequests, estate gifts, life insurance policies, and designated scholarships to help donors create lasting charitable legacies.
  • Local High School Scholarship Programs 1 activity
    • Educational scholarships and student support
      Provides merit- and need-based scholarships to students, particularly young women from Türkiye pursuing education in the U.S. in fields such as health sciences and special education, through a nomination and review process managed by the TPF Scholarship Committee.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Grantmaking to support charitable causes in Türkiye and the U.S.
      Distributes grants to nonprofit organizations in Türkiye and the U.S., having awarded over $50 million to fund 1,543 charitable projects and support 267 nonprofit organizations. These grants have collectively reached more than 3 million people.
  • Annual Impact and Evaluation Reporting 1 activity
    • Impact reporting and documentation
      Produces impact reports that document funded projects, community strengthening efforts, and the lives transformed through TPF’s grantmaking and partnerships.
  • Leadership & Policy Dialogue Forums 1 activity
    • Leadership engagement for corporate and business leaders
      Operates an invitation-only community for senior corporate leaders, entrepreneurs, and innovators to integrate purpose and social good into business leadership through curated conversations, private events, and collaborative initiatives.
  • Animal Welfare and Rescue Support 1 activity
    • Stray animal welfare and sheltering initiatives
      Provides shelter, medical care, and adoption opportunities for stray dogs and cats in Türkiye, responding to challenges arising from Türkiye's Animal Protection Law.
  • Single Parent Support Services 1 activity
    • Support for single mothers’ economic and emotional wellbeing
      Implements programs that support single mothers across Türkiye in building economic stability, emotional wellbeing, and stronger futures for their families.
  • Uncategorized 2 activities
    • Philanthropy advisory and compliance services
      Provides compliance, international due diligence, and reporting services for client philanthropy, and offers guidance to lawyers and advisors on effective charitable giving.
    • Support for community-led initiatives and social enterprises
      Supports grassroots initiatives such as Mutfakna, a community kitchen in Gaziantep launched by Syrian refugee women, which creates jobs, nourishes families, and fosters cultural unity.
financials · form 990 · fy2024
revenue
Total revenue$8.72M
Contributions & grants$6.74M77%
Program service revenue$00%
Investment income$2.00M23%
Other revenue$-24K
expenses
Total expenses$6.58M
Program expenses83%
Admin / overhead16%
Fundraising2%
Salaries & benefits$696K
Grants paid out$4.95M
Largest expense lineCompensation
balance sheet
Total assets$36.87M
Cash$13.78M
Investments$21.64M
Liabilities$3.53M
Net assets$33.35M
Liquid reserves64.6 mo
6 years on record · 2019–2024 · YoY revenue +40.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
SENAY ATASELIM YILMAZ EXECUTIVE DIRECTOR 40 $261K
OZYUREK OZHARARPINAR DIRECTOR OF PHILANTHROPY 8 $117K
board members · 22
  • AHMET BOZER — DIRECTOR
  • ALPER DAGLIOGLU — DIRECTOR
  • AYSEGUL ILDENIZ — DIRECTOR
  • BAHADIR ONALAN — DIRECTOR
  • BATUR BICER — DIRECTOR
  • CIVAN GKAY — DIRECTOR
  • DIDEM ALTOP — DIRECTOR
  • ERGUN KIRLIKOVALI — DIRECTOR
  • ERSIN KARAOGLU — DIRECTOR
  • GAMZE ATES — DIRECTOR
  • LAWRENCE KAYE — GENERAL COUNSEL
  • MARIA FIGUEROA KUPCU — DIRECTOR
  • MERVE GURSEL — DIRECTOR
  • METIN NEGRIN — DIRECTOR
  • MUSTAFA KEMAL ABADAN — CHAIR
  • ONUR ERZAN — DIRECTOR
  • OSMAN COSKUN KURTULUS — VICE CHAIR
  • SELIN GULCELIK — TREASURER
  • SERAN MUDUROGLU TREHAN — DIRECTOR
  • TAMER SECKIN — DIRECTOR
  • ULKU ROWE — DIRECTOR
  • ZEYNEP OGUZ BILIMER — SECRETARY
relationships · 45

Who they work with

  • ACEV Partner — Partnered with ACEV on disaster relief efforts, including psychosocial support in Hatay.
  • Assia and Vedat Eyüboğlu Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
  • Aykut Karaalioğlu Partner — Member of the Pioneering Partners with a commitment of $150,000 or more.
  • Brookfield Asset Management Partner — Alper Daglioglu, a Managing Partner and Head of the Investment Solutions Group at Brookfield Asset Management, serves on the Board of Directors of Turkish Philanthropy Funds.
  • Burcu and Mete Tuncel Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
  • Children’s Wellness Center Partner — Provided psychosocial support to earthquake survivors, including Aliye.
  • Classy Partner — Platform used to host fundraising campaigns for special programs.
  • Elif and Tamer Seçkin Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
  • Ender and Murat Ağırnaslı Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
  • Erinch Özada Partner — Member of the Pioneering Partners with a commitment of $150,000 or more.
  • Fatma and Eugene Sayan Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
  • Freedman Normand Friedland LLP Partner — Lawrence Kaye, Senior Counsel to Freedman Normand Friedland LLP, serves as Board Member and Counsel to Turkish Philanthropy Funds.
  • Goldman Sachs Asset Management Partner — Başak, a partner in Fundamental Equity and co-chief investment officer at Goldman Sachs Asset Management, serves on the Board of Directors of Turkish Philanthropy Funds.
  • Hakkı Akbulak Partner — Member of the Pioneering Partners with a commitment of $150,000 or more.
  • Haluk Soykan Partner — Member of the Founders Society with a commitment of $50,000 or more.
  • Hamdi Ulukaya Partner — Member of the Founders Society with a commitment of $50,000 or more.
  • Hatice and Kevin Morrissey Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
  • Hikmet and Marilyn Üçok Partner — Founded the Üçok Family Scholarship Fund in partnership with TPF to support young women from Türkiye pursuing education in the U.S.
  • Jetta and Çetin Karabulut Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
  • Louis and Aylin Tashman Kim Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
  • Mehmet Lütfi Kırdar Partner — Member of the Founders Society with a commitment of $50,000 or more.
  • Mustafa Kemal Abadan Partner — Member of the Pioneering Partners with a commitment of $150,000 or more.
  • Mutfakna Partner — Supported the launch of Mutfakna, a community kitchen in Gaziantep led by Syrian refugee women.
  • Mutfakna Partner — Syrian refugee women in Gaziantep launched Mutfakna with TPF support to create jobs, nourish families, and unite cultures.
  • NGOs in Türkiye Partner — Partners with vetted NGOs in Türkiye to distribute grants and ensure local impact.
  • Nakiye and Ziya Boyacıgiller Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
  • Nancy and Tolbert Yılmaz Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
  • Nihal and Haldun Tashman Partner — Members of the Founders Society with a commitment of $50,000 or more.
  • Norton Rose Fulbright Partner — Ayşe Yüksel Mahfoud, a corporate lawyer and member of the Supervisory Board of Norton Rose Fulbright, serves on the Board of Directors of Turkish Philanthropy Funds.
  • Nur and Aziz V. Hamzaoğulları Partner — Members of the Pioneering Partners with a commitment of $150,000 or more.
+ 15 more
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community-Led Change
    methodology: community-led change
    By supporting local nonprofits to lead solutions, we produce more effective and sustainable outcomes in Türkiye, the U.S., and globally, because communities are best positioned to understand and address their own challenges.
  • Disaster-Responsive Philanthropy with Local Implementation
    methodology: disaster-responsive philanthropy
    By rapidly deploying targeted funds through vetted local partners, we support long-term community recovery and resilience after disasters, because locally-rooted organizations understand context-specific needs and ensure culturally appropriate, sustainable rebuilding.
  • Donor-Advised Philanthropy as a Vehicle for Values-Based Giving
    methodology: donor-advised giving
    By offering donor-advised funds, giving circles, and strategic partnerships, we help donors turn their values into effective action, because structured philanthropic vehicles increase engagement, focus, and long-term commitment to causes.
  • Intermediary Grantmaking with Vetting and Oversight
    methodology: intermediary grantmaking
    By acting as a trusted intermediary that vets nonprofit partners and strategically distributes grants, we ensure donor intentions lead to measurable impact, because rigorous oversight and alignment with local expertise increase accountability and effectiveness.