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AC Israel Foundation Inc

New York, NY · EIN 516021414 · Form 990PF · FY2024 · Large ($10M-$50M)
revenue
$21.0M
expenses
$495K
net assets
$36.5M
employees
profile · synthesized from sources

AC Israel Foundation Inc is a private foundation based in New York that makes grants to nonprofit organizations for general and unrestricted purposes. It supports a diverse range of institutions including hospitals, schools, universities, and cultural or community organizations. The foundation does not appear to operate direct programs but focuses on grantmaking as its primary activity.

activities · 5 groups

What they do

  • Private K–12 School Support 2 activities
    • Funding specific educational support services at schools
      Finances targeted educational support services at Birch School Inc, including speech-language consultation, occupational therapy, math specialization, and school psychology.
    • Funding unrestricted support to educational institutions
      Provides unrestricted financial support to a range of educational institutions, including Birch School Inc, Yale University, Phillips Academy, and Greens Farms Academy Inc.
  • General Operating Support Grants 2 activities
    • Funding unrestricted support to healthcare organizations
      Provides unrestricted grants to medical and health-related institutions such as White Plains Hospital Medical Center and Boca Raton Regional Hospital Inc.
    • Funding unrestricted support to social service and community organizations
      Supports community-based nonprofits with unrestricted grants, including Citizens Committee for New York City Inc and The People Concern.
  • Industry-Specific Student Scholarships and Competitions 1 activity
    • Funding academic fellowships in engineering
      Finances the Greg Warner Mechanical and Aerospace Engineering Fellowship through a grant to the UC San Diego Foundation.
  • Historic Preservation Support Grants 1 activity
    • Funding cultural and public garden preservation
      Awards grants to support the preservation and operation of cultural and historic sites, including Untermyer Gardens Conservancy.
  • Jewish Religious Institution Support 1 activity
    • Funding religious institutions with unrestricted support
      Provides unrestricted funding to religious organizations such as Congregation Emanu-El of the City of New York.
financials · form 990PF · fy2024
revenue
Total revenue$21.04M
Contributions & grants$00%
Program service revenue
Investment income$756K4%
Other revenue$20.00M
expenses
Total expenses$495K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$2.02M
balance sheet
Total assets$36.46M
Cash
Investments
Liabilities
Net assets$36.46M
4 years on record · 2020–2024 · YoY revenue +1451.1%
relationships · 11

Who they work with

  • Birches School Inc Partner — Receives multiple grants from AC Israel Foundation Inc for general and specific educational support services.
  • Boca Raton Regional Hospital Inc Partner — Receives general and unrestricted funding from AC Israel Foundation Inc.
  • Citizens Committee for New York City Inc Partner — Receives general and unrestricted funding from AC Israel Foundation Inc.
  • Congregation Emanu-El of the City of New York Partner — Receives general and unrestricted funding from AC Israel Foundation Inc.
  • Greens Farms Academy Inc Partner — Receives general and unrestricted funding from AC Israel Foundation Inc.
  • The People Concern Partner — Receives general and unrestricted funding from AC Israel Foundation Inc.
  • Trustees of Phillips Academy Partner — Receives funding from AC Israel Foundation Inc for the Class of 1962 Mental Wellness Fund.
  • UC San Diego Foundation Partner — Receives funding from AC Israel Foundation Inc for the Greg Warner Mechanical and Aerospace Engineering Fellowship.
  • Untermyer Gardens Conservancy Partner — Receives general and unrestricted funding from AC Israel Foundation Inc.
  • White Plains Hospital Medical Center Partner — Receives general and unrestricted funding from AC Israel Foundation Inc.
  • Yale University Partner — Receives funding from AC Israel Foundation Inc for the Yale Golf Course Restoration Project.