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THE ESSEL FOUNDATION

PURCHASE, NY · EIN 136191234 · Form 990PF · FY2024 · Very Large (>$50M)
revenue
$175.7M
expenses
$3.5M
net assets
$270.4M
employees
profile · synthesized from sources

The Essel Foundation is a private foundation based in Purchase, NY, that provides unrestricted grants to organizations focused on brain research, mental health, journalism integrity, and global health initiatives. Its largest contributions support neuroscience institutions and mental health research. The foundation does not appear to conduct direct service programs, instead focusing on philanthropic funding.

named programs · 1 · from sources

What they call their work

Unrestricted Grant Program
Provides general support grants to organizations in neuroscience, mental health, journalism integrity, and public health without programmatic restrictions
activities · 4 groups

What they do

  • Unrestricted Institutional Support for Medical Schools 2 activities
    • Funding academic research at Columbia University
      Provides unrestricted grants to Columbia University, including $400,000 in 2024, to support academic research.
    • Funding research at The Lieber Institute for Brain Development
      Provides unrestricted grants to The Lieber Institute for Brain Development, including $10,813,926 in 2024 and $4,921,125 in 2023, to support brain research.
  • General Operating Support Grants 2 activities
    • Funding public health and democracy initiatives at The Carter Center Inc
      Provides unrestricted grants to The Carter Center Inc, including $157,000 in 2024 and $155,000 in 2023, to support public health and democratic governance programs.
    • Funding research at San Francisco Study Center
      Provides unrestricted grants to the San Francisco Study Center, including $50,000 in 2024, to support research activities.
  • Public Media Funding 1 activity
    • Funding journalism through The Poynter Institute
      Provides unrestricted grants to The Poynter Institute, including $180,000 in 2024, to support journalism and media integrity.
  • Mental Health Research and Services Funding 1 activity
    • Funding mental health research through Brain & Behavior Research Foundation
      Provides unrestricted grants to the Brain & Behavior Research Foundation, including $2,934,612 in 2024 and $500,000 in 2023, to advance mental health research.
financials · form 990PF · fy2024
revenue
Total revenue$175.73M
Contributions & grants$172.54M98%
Program service revenue
Investment income$8.57M5%
Other revenue$-5.38M
expenses
Total expenses$3.46M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$14.79M
balance sheet
Total assets$270.43M
Cash
Investments
Liabilities
Net assets$270.43M
6 years on record · 2019–2024 · YoY revenue +3888.7%
relationships · 6

Who they work with

  • Brain & Behavior Research Foundation Partner — Receives unrestricted grants from The Essel Foundation for mental health research.
  • Columbia University Partner — Receives unrestricted grants from The Essel Foundation.
  • San Francisco Study Center Partner — Receives unrestricted grants from The Essel Foundation.
  • The Carter Center Inc Partner — Receives unrestricted grants from The Essel Foundation for public health or democracy programs.
  • The Lieber Institute for Brain Development Partner — Receives unrestricted grants from The Essel Foundation for brain development research.
  • The Poynter Institute Partner — Receives unrestricted grants from The Essel Foundation for media-related initiatives.