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THE 216 FUND
NEW YORK, NY · EIN 854221881 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Large ($10M-$50M)
revenue
$12.1M
expenses
$20K
net assets
$48.1M
employees
—
profile · synthesized from sources

The 216 Fund is a New York-based grantmaking organization focused on philanthropy and support for poverty alleviation, education, and vocational training initiatives. The organization distributes funds to nonprofit partners across the United States and internationally, with a focus on evidence-based interventions. It does not appear to deliver services directly but operates primarily through strategic grants.

named programs · 3 · from sources

What they call their work

Education and Educational Institutions
Funds schools, universities, and educational programs, including MECHON HADAR, Brown University, and Creating Hope International
Poverty Alleviation Grants
Supports organizations implementing direct cash transfers and poverty reduction programs, including GiveDirectly and Innovations for Poverty Action
Vocational Technical Training
Supports workforce development and technical education through grants to organizations like COOP Careers Inc
activities · 3 groups

What they do

  • Support for Israeli Educational Institutions 1 activity
    • Funding educational institutions and programs
      Funds educational institutions and programming through grants to organizations including Pursuit Transformation Company Inc., Mechon Hadar, Brown University, Creating Hope International, and Beit Rabban Day School.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding poverty alleviation initiatives and research
      Funds poverty alleviation initiatives and research through grants to organizations such as Innovations for Poverty Action and GiveDirectly Inc.
  • Union-Linked Educational Scholarships 1 activity
    • Funding vocational technical training programs
      Funds vocational technical training programs through grants to organizations such as COOP Careers Inc.
financials · form 990PF · fy2024
revenue
Total revenue$12.12M
Contributions & grants$12.06M100%
Program service revenue——
Investment income$59K0%
Other revenue—
expenses
Total expenses$20K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out$2.00M
balance sheet
Total assets$48.13M
Cash—
Investments—
Liabilities—
Net assets$48.13M
4 years on record · 2020–2024 · YoY revenue +132.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 1
  • YAIR MINSKY — Director
relationships · 8

Who they work with

  • BROWN UNIVERSITY Partner — Recipient of a $100,000 grant in 2023 for education
  • Beit Rabban Day School Partner — Recipient of a $50,000 grant in 2021 for education
  • COOP Careers Inc Partner — Recipient of a $1.5 million grant in 2024 for vocational technical programs
  • Creating Hope International Partner — Recipient of a $50,000 grant in 2021 for education
  • GIVE DIRECTLY INC Partner — Recipient of a $1 million grant in 2023 for poverty alleviation
  • Innovations for Poverty Action Partner — Recipient of multiple grants totaling $400,000 in 2023 and 2024 for poverty-related initiatives
  • MECHON HADAR Partner — Recipient of a $360,000 grant in 2023 for education
  • Pursuit Transformation Company Inc Partner — Recipient of a $250,000 grant in 2024 for educational institutions