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THE FURTHERANCE FUND INC

NEW YORK, NY · EIN 136195082 · Form 990PF · FY2024 · Small ($100K-$1M)
revenue
$434K
expenses
$6K
net assets
$4.9M
employees
profile · synthesized from sources

The Furtherance Fund Inc is a private foundation based in New York that supports charitable initiatives in education, land preservation, religious activities, and nature conservation. The organization primarily funds nonprofit partners across the United States, with a focus on institutions in New York and New Jersey. It does not appear to run direct programs, instead focusing on grantmaking to established organizations.

named programs · 3 · from sources

What they call their work

Educational Support Grants
Funds educational programs at institutions such as Princeton University, Pomfret School, and Woodlawn Conservancy
Land and Nature Conservation Grants
Supports land preservation and nature conservation through grants to Adirondack Land Trust, The Nature Conservancy-Adirondack Chapter, and Woodlawn Conservancy
Religious Retreat Support
Provides funding to Olmsted Manor Retreat Center for religious retreat activities
activities · 5 groups

What they do

  • Environmental Conservation Grantmaking 3 activities
    • Funding educational programming at conservancies
      Funds Woodlawn Conservancy Inc for educational purposes, supporting public education initiatives related to history, environment, or community engagement.
    • Funding land preservation initiatives
      Funds Adirondack Land Trust Inc and other entities for land preservation efforts, particularly in ecologically significant regions such as the Adirondacks.
    • Funding nature conservation in the Adirondacks
      Funds The Nature Conservancy-Adirondack Chapter for nature conservation work in the Adirondack region, including habitat protection and environmental stewardship.
  • Art Museum Funding and Support 1 activity
    • Funding arts and artist residency programs
      Funds The MacDowell Colony for educational purposes, supporting artist residencies and creative development in the arts.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding higher education institutions
      Funds Princeton University for educational purposes, supporting academic programs and institutional operations at the university level.
  • Private K–12 School Support 1 activity
    • Funding private secondary education
      Funds Pomfret School for educational purposes, providing financial support for operations or programs at this private preparatory school.
  • Jewish Religious Institution Support 1 activity
    • Funding religious retreat operations
      Funds Olmsted Manor Retreat Center for religious purposes. This support enables the ongoing operation of a retreat center focused on spiritual and religious activities.
financials · form 990PF · fy2024
revenue
Total revenue$434K
Contributions & grants$158K36%
Program service revenue
Investment income$241K55%
Other revenue$35K
expenses
Total expenses$6K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$320K
balance sheet
Total assets$4.90M
Cash
Investments
Liabilities
Net assets$4.90M
5 years on record · 2020–2024 · YoY revenue +14.7%
relationships · 7

Who they work with

  • ADIRONDACK LAND TRUST INC Partner — Receives grants from The Furtherance Fund Inc for land preservation.
  • OLMSTED MANOR RETREAT CENTER Partner — Receives grants from The Furtherance Fund Inc for religious purposes.
  • POMFRET SCHOOL Partner — Receives grants from The Furtherance Fund Inc for educational purposes.
  • PRINCETON UNIVERSITY Partner — Receives grants from The Furtherance Fund Inc for educational purposes.
  • THE MACDOWELL COLONY Partner — Receives grants from The Furtherance Fund Inc for educational purposes.
  • THE NATURE CONSERVANCY-ADIRONDACK CHAPTER Partner — Receives grants from The Furtherance Fund Inc for nature conservation work in the Adirondacks.
  • WOODLAWN CONSERVANCY INC Partner — Receives grants from The Furtherance Fund Inc for educational purposes.