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THE VOLCKER FAMILY FOUNDATION INC FAIRFIELD-MAXWELL LTD

NEW YORK, NY · EIN 133917327 · Form 990PF · FY2024 · NTEE T20Z · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$2.3M
expenses
$152K
net assets
$27.2M
employees
profile · synthesized from sources

The Volcker Family Foundation Inc Fairfield-Maxwell Ltd is a private foundation based in New York that supports charitable initiatives aligned with the Volcker family’s legacy. The foundation primarily funds scholarship programs, leadership awards, and nonprofit capacity-building efforts, with significant grants directed to educational institutions and organizations focused on public service and systemic risk. Its grantmaking reflects a focus on education, public policy, and healthcare.

named programs · 5 · from sources

What they call their work

Barbara Volcker Center
Supports patient care and research at the Hospital for Special Surgery in New York.
Masters in Systemic Risk Scholarships and Leadership Award
Provides annual scholarships and a leadership award to graduate students at Yale University.
Paul A. Volcker Fund
Supports public service and leadership development through grants to The Volcker Alliance and scholarship programs at academic institutions.
Paul A. Volcker Sr., Class of 1911, Scholarship Fund
Endowed scholarship at Rensselaer Polytechnic Institute supporting students with financial need.
Social Nonprofit Center Startup Support
Grants to Isles Inc to assist in launching a center focused on social profit and community development.
activities · 4 groups

What they do

  • University-Specific Endowment and Program Funding 1 activity
    • Funding scholarships and awards at Rensselaer Polytechnic Institute and Yale University
      Supports the endowment for the Paul A. Volcker Sr., Class of 1911, Scholarship Fund at Rensselaer Polytechnic Institute; also funds annual scholarships for Masters in Systemic Risk candidates and the Paul A. Volcker Leadership Award at Yale University.
  • Hospital and Medical Center Support 1 activity
    • Funding the Barbara Volcker Center at Hospital for Special Surgery
      Supports the operations and initiatives of the Barbara Volcker Center at Hospital for Special Surgery through dedicated grants.
  • General Operating Support Grants 1 activity
    • Funding the Paul A. Volcker Fund through grants to The Volcker Alliance
      Provides ongoing financial support to the Paul A. Volcker Fund via grants awarded to The Volcker Alliance, a related organization.
  • Uncategorized 1 activity
    • Funding the startup of the Social Nonprofit/Social Profit Center through grants to Isles Inc.
      Provides financial support for the establishment and launch of the Social Nonprofit Center (also referred to as the Social Profit Center) via grants to Isles Inc.
financials · form 990PF · fy2024
revenue
Total revenue$2.33M
Contributions & grants
Program service revenue
Investment income$707K30%
Other revenue$1.59M
expenses
Total expenses$152K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$1.04M
balance sheet
Total assets$27.18M
Cash
Investments
Liabilities
Net assets$27.18M
5 years on record · 2020–2024 · YoY revenue +491.8%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • JAMES P VOLCKER — DIRECTOR
  • JANICE VOLCKER ZIMA — DIRECTOR
relationships · 5

Who they work with

  • HOSPITAL FOR SPECIAL SURGERY Partner — Receives grant funding for the Barbara Volcker Center.
  • ISLES INC Partner — Receives grants to support the startup of the Social Nonprofit Center.
  • RENSSELAER POLYTECHNIC INSTITUTE Partner — Receives grant funding for a scholarship endowment.
  • THE VOLCKER ALLIANCE Partner — Receives grants to support the Paul A. Volcker Fund.
  • YALE UNIVERSITY Partner — Receives grants to fund scholarships and a leadership award in systemic risk.
strategies · 2

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.