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NEW TAMARIND FOUNDATION INC

HARRISON, NY · EIN 263324875 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Large ($10M-$50M)
revenue
$11.9M
expenses
$955K
net assets
$155.8M
employees
profile · synthesized from sources

New Tamarind Foundation Inc is a private foundation based in Harrison, NY, focused on philanthropy and grantmaking. It provides substantial financial support to nonprofit organizations across a range of causes, including education, healthcare, environmental conservation, and social services. The foundation funds both targeted initiatives and general operations of recipient organizations, primarily in New Jersey and surrounding regions.

named programs · 5 · from sources

What they call their work

Capital Campaign Support
Funds capital campaigns at institutions including The Foodbank of Monmouth and Ocean Counties and the Bruce Springsteen Archives
Environmental Conservation Grants
Supports land preservation and advocacy through grants to Pinelands Preservation Alliance, NJ League of Conservation Voters, and NJ Highlands Coalition
General Support Grants
Provides unrestricted funding to organizations in healthcare, conservation, and social services, such as Hackensack Meridian Health Foundation and Lunch Break
Global Health and Environment Initiatives
Funds international efforts via intermediaries like Rockefeller Philanthropy Advisors (Plastic Solutions Fund) and Players Philanthropy Fund (Invisible International)
Scholarship Fund
Supports higher education access through a major grant to Monmouth University for student scholarships
activities · 7 groups

What they do

  • Environmental Conservation Grantmaking 4 activities
    • Funding the Plastic Solutions Fund via Rockefeller Philanthropy Advisors Inc
      Finances the Plastic Solutions Fund through an intermediary (Rockefeller Philanthropy Advisors Inc) to support global efforts reducing plastic pollution and advancing circular economy solutions.
    • Providing general support funding to New Jersey Highlands Coalition
      Grants general operating support to the New Jersey Highlands Coalition to protect water resources and natural lands through regional advocacy and conservation planning.
    • Providing general support funding to New Jersey League of Conservation Voters Education Fund
      Provides unrestricted funding to the New Jersey League of Conservation Voters Education Fund to promote environmental policy education and civic engagement.
    • Providing general support funding to Pinelands Preservation Alliance
      Offers general operating support to the Pinelands Preservation Alliance to protect and preserve the New Jersey Pinelands through advocacy and land stewardship.
  • Hospital and Medical Center Support 3 activities
    • Providing general support funding to Civica Foundation
      Supports Civica Foundation with general operating funds aimed at expanding access to affordable generic medications and improving public health outcomes.
    • Providing general support funding to Hackensack Meridian Health Foundation
      Awards general support grants to Hackensack Meridian Health Foundation to strengthen healthcare services and community health programs in New Jersey.
    • Providing general support funding to Volunteers in Medicine Berkshires Inc
      Provides unrestricted financial support to Volunteers in Medicine Berkshires Inc, enabling free healthcare services for underserved populations.
  • Community Foundation & United Way Support 1 activity
    • Funding capital campaign initiatives at Fulfill (The Foodbank of Monmouth and Ocean Counties Inc)
      Supports capital campaign initiatives at Fulfill, formerly known as The Foodbank of Monmouth and Ocean Counties Inc, to advance food security infrastructure.
  • Historic Preservation Support Grants 1 activity
    • Funding capital campaign initiatives at the Bruce Springsteen Archives and Center for American Music Corporation
      Provides funding for capital campaign initiatives at the Bruce Springsteen Archives and Center for American Music Corporation, supporting cultural preservation and music education.
  • Local High School Scholarship Programs 1 activity
    • Funding scholarship programs at Monmouth University
      Funds scholarship programs at Monmouth University, supporting educational access and affordability for students.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Providing general support funding to Lunch Break
      Provides general support funding to Lunch Break, a social services organization offering meals, shelter, and wellness programs to individuals in need.
  • Uncategorized 1 activity
    • Funding Invisible International via Players Philanthropy Fund
      Supports Invisible International through a donor-advised fund (Players Philanthropy Fund) to advance research and clinical care for tick-borne illnesses.
financials · form 990PF · fy2024
revenue
Total revenue$11.86M
Contributions & grants
Program service revenue
Investment income$583K5%
Other revenue$11.27M
expenses
Total expenses$955K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$550K
Grants paid out$8.36M
balance sheet
Total assets$155.81M
Cash
Investments
Liabilities
Net assets$155.81M
5 years on record · 2020–2024 · YoY revenue -59.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
JOHN DIAS VICE PRESIDENT, DIRECTOR 35 $312K
MICHAEL HURST SECRETARY, DIRECTOR 35 $296K
board members · 4
  • HELAINE LERNER — DIRECTOR
  • JOAN RECHNITZ — PRESIDENT, DIRECTOR
  • SCOTT CULLEN — DIRECTOR
  • WENDIE EIGEN-WEINSTEIN — TREASURER, DIRECTOR
relationships · 12

Who they work with

  • BRUCE SPRINGSTEEN ARCHIVES AND CENTER FOR AMERICAN MUSIC CORPORATION Partner — Funded for capital campaign initiatives
  • CIVICA FOUNDATION Partner — Funded for general support
  • HACKENSACK MERIDIAN HEALTH FOUNDATION Partner — Funded for general support
  • LUNCH BREAK Partner — Funded for general support
  • MONMOUTH UNIVERSITY Partner — Funded for scholarship programs
  • NEW JERSEY HIGHLANDS COALITION Partner — Funded for general support
  • NEW JERSEY LEAGUE OF CONSERVATION VOTERS EDUCATION FUND Partner — Funded for general support
  • PINELANDS PRESERVATION ALLIANCE Partner — Funded for general support
  • PLAYERS PHILANTHROPY FUND Partner — Funded to support Invisible International
  • ROCKEFELLER PHILANTHROPY ADVISORS INC Partner — Funded to support the Plastic Solutions Fund
  • THE FOODBANK OF MONMOUTH AND OCEAN COUNTIES INC DBA FULFILL Partner — Funded for capital campaign initiatives
  • VOLUNTEERS IN MEDICINE BERKSHIRES INC Partner — Funded for general support