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Form 990-PFTax year 2025EIN 13-3994361

Iac Charitable Foundation Inc

A private foundation in New York, NY. Its return for tax year 2025 lists 71 grants and $1.2 million paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Iac Foundation Scholarship
555 W 18th Street
New York, NY 100112822
[email protected]
Form and materials
Application information can be found on the website: https://www.iac.com/foundation
Deadlines
Application information can be found on the website: https://www.iac.com/foundation
Restrictions
Applicants must have a demonstrable need for financial assistance, whether their household income falls below the designated national poverty level, or their cultural or family background has placed them at an educational disadvantage. Eligibility will be assessed individually based on the composition and income of a student's family. Applicants must be federal pell grant-eligible students as indicated on their fafsa student aid report (sar). Following award notification, students will be required to provide a copy of their eligibility letter. Applicants must demonstrate a record of academic success. Applicants must be students enrolled or planning to enroll at an accredited college or university, ranging from rising college freshmen to first year PHD students.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $1,193,275

    Grants listed
    71
    Assets, end of year
    $23,068,119

  • Tax year 2024

    $1,213,000

    Grants listed
    83
    Assets, end of year
    $21,263,431

  • Tax year 2023

    $931,500

    Grants listed
    64
    Assets, end of year
    $20,836,245

  • Tax year 2022

    $942,700

    Grants listed
    78
    Assets, end of year
    $20,345,705

  • Tax year 2021

    $783,300

    Grants listed
    40
    Assets, end of year
    $24,955,382

  • Tax year 2020

    $373,000

    Grants listed
    20
    Assets, end of year
    $24,607,904

Grants paid in 2025

71 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Hudson GuildNew York, NY

    Human services

    $300,000
  2. America on TechNew York, NY

    Education

    $50,000
  3. Friends of Hudson River Park IncNew York, NY

    Community development

    $30,000
  4. Mouse IncNew York, NY

    Education

    $30,000
  5. Fresh Youth Initiatives IncNew York, NY

    Education

    $30,000
  6. Gotham Gives IncNew York, NY

    Education

    $25,000
  7. Literacy Partners IncNew York, NY

    Education

    $25,000
  8. Friends of the HighlineNew York, NY

    Community development

    $25,000
  9. United Way of Central IowaDes Moines, IA

    Human services

    $25,000
  10. New York Restoration ProjectNew York, NY

    Community development

    $25,000
  11. The Juilliard SchoolNew York, NY

    Education

    $25,000
  12. Church of the Holy Apostles Soup KitchenNew York, NY

    Human services

    $21,375
  13. The Posse Foundation IncNew York, NY

    Education

    $20,000
  14. Jones Valley Urban FarmBirmingham, AL

    Community development

    $20,000
  15. Individual

    SCHOLARSHIP-C. [individual]

    $20,000
  16. Children's Hospital of AlabamaBirminhgam, AL

    Human services

    $15,000
  17. Prep for PrepNew York, NY

    Education

    $15,000
  18. God's Love We DeliverNew York, NY

    Human services

    $15,000
  19. New Jersey Seeds IncNewark, NJ

    Education

    $15,000
  20. The Teak Fellowship IncNew York, NY

    Education

    $15,000
  21. The New York Opportunity Network IncNew York, NY

    Education

    $15,000
  22. America Needs YouNew York, NY

    Education

    $15,000
  23. Leadership Enterpise for A Diverse AmericaNew York, NY

    Education

    $15,000
  24. Let's Get ReadyNew York, NY

    Education

    $15,000
  25. National FFA FoundationIndianapolis, IN

    Community development

    $15,000
  26. Reporters Committee for Freedom of the PressWashington, DC

    Advocacy

    $15,000
  27. Individual

    Scholarship-e. Uzobuife

    $15,000
  28. Fdny Foundation IncBrooklyn, NY

    Community development

    $12,500
  29. The Partnership for New York City IncNew York, NY

    2025 annual partner dues

    $12,500
  30. Junior Achievement of Central IowaDes Moines, IA

    Education

    $10,000
  31. Greater Des Moines Botanical GardenDes Moines, IA

    Community development

    $10,000
  32. Downtown Events GroupDes Moines, IA

    Community development

    $10,000
  33. Individual

    Scholarship-i. Liu

    $10,000
  34. Individual

    SCHOLARSHIP-R. [individual]

    $10,000
  35. Individual

    SCHOLARSHIP-R. [individual]

    $10,000
  36. Individual

    Scholarship-l. Li

    $10,000
  37. Individual

    SCHOLARSHIP-M. A. [individual]

    $10,000
  38. Individual

    SCHOLARSHIP-M. [individual]

    $10,000
  39. Individual

    SCHOLARSHIP-L. [individual]

    $10,000
  40. Individual

    Scholarship- t. Oladipupo

    $10,000
  41. Individual

    Scholarship- g. Nobles

    $10,000
  42. Individual

    Scholarship - b. Mcleod

    $10,000
  43. Individual

    SCHOLARSHIP-F. [individual]

    $10,000
  44. Individual

    SCHOLARSHIP- E. [individual]

    $10,000
  45. Individual

    SCHOLARSHIP - E. J. [individual]

    $10,000
  46. Individual

    Scholarship - r. M. Pena

    $10,000
  47. Individual

    Scholarship - r. Hassanen

    $10,000
  48. Individual

    SCHOLARSHIP - C. [individual]

    $10,000
  49. Individual

    Scholarship - k. Zahiri

    $10,000
  50. Individual

    SCHOLARSHIP - A. [individual]

    $10,000
  51. Individual

    SCHOLARSHIP - A.[individual]

    $10,000
  52. Hudson River Community Sailing IncNew York, NY

    Education

    $8,000
  53. Individual

    Scholarship-a. Zhou

    $7,500
  54. Individual

    SCHOLARSHIP- F. [individual]

    $7,500
  55. Individual

    Scholarship - f. Heikal

    $7,500
  56. Boys and Girls Clubs of Central IowaDes Moines, IA

    Education

    $5,000
  57. Individual

    Scholarship-j. Sydney

    $5,000
  58. Individual

    SCHOLARSHIP-N. [individual]

    $5,000
  59. Individual

    SCHOLARSHIP- K. [individual]

    $5,000
  60. Individual

    SCHOLARSHIP- I. [individual]

    $5,000
  61. Individual

    SCHOLARSHIP- F. [individual]

    $5,000
  62. Individual

    SCHOLARSHIP - C. [individual]

    $5,000
  63. Individual

    SCHOLARSHIP - B. [individual]

    $5,000
  64. Individual

    SCHOLARSHIP - A. [individual]

    $5,000
  65. Individual

    SCHOLARSHIP - G. [individual]

    $5,000
  66. BloomagainbklynBrooklyn, NY

    Community development

    $3,900
  67. Individual

    Scholarship-j. Scott

    $2,500
  68. Individual

    Scholarship-n. Hernandez

    $2,500
  69. Individual

    Scholarship-e. Khan

    $2,500
  70. Individual

    SCHOLARSHIP-K. I. [individual]

    $2,500
  71. Individual

    SCHOLARSHIP- J. [individual]

    $2,500

Approved for future payment

7 grants

Approved in 2025 and not yet paid.

  1. Individual

    SCHOLARSHIP-S. [individual]

    $10,000
  2. Individual

    SCHOLARSHIP-C. [individual]

    $10,000
  3. Individual

    Scholarship - a. LP

    $10,000
  4. Individual

    Scholarship - g. Mattis

    $10,000
  5. Individual

    Scholarship - o. Ogundare

    $10,000
  6. Individual

    Scholarship - z. Powell

    $7,500
  7. Individual

    Scholarship - o. Fagbamigbe

    $5,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services4 grants $348,90045% of the total
  2. Education10 grants $225,00029% of the total
  3. Sports and recreation2 grants $38,0005% of the total
  4. Environment2 grants $35,0005% of the total
  5. Philanthropy and grantmaking1 grant $25,0003% of the total
  6. Jobs and employment1 grant $20,0003% of the total
  7. 6 other causes7 grants $82,50011% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York23 grants $748,275
  2. Iowa5 grants $60,000
  3. Alabama2 grants $35,000
  4. District of Columbia1 grant $15,000
  5. Indiana1 grant $15,000
  6. New Jersey1 grant $15,000

Officers, directors and trustees

11 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Suzanne KennedyPRESIDENT,PHILANTHROPIC GIVING Hours 10Pay $55,264
  • David FlynnVICE PRESIDENT, TAX Hours 0Pay $0
  • Anastasia K Von WalkenbergVP & ASST SECRETARY Hours 0Pay $0
  • Christopher HalpinDIR, VP & TREASURER Hours 0Pay $0
  • Kendall HandlerDIR, VP & SECRETARY Hours 0Pay $0
  • Kyra Ayo CarosDIR, VP & ASST SECRETARY Hours 0Pay $0
  • Russell FarschtVICE PRESIDENT &ASST TREASURER Hours 0Pay $0
  • Devon BatizVICE PRESIDENT &ASST TREASURER Hours 0Pay $0
  • Dawn GallowayVICE PRESIDENT Hours 0Pay $0
  • Eun-Sook KimVICE PRESIDENT, TAX Hours 0Pay $0
  • Lynnette CunninghamVICE PRESIDENT, TAX Hours 0Pay $0

The return

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