The New York State Capitol

Form 990-PFTax year 2025EIN 47-1716810

The Theodore J Forstmann Charitable TR

A private foundation in New York, NY. Its return for tax year 2025 lists 29 grants and $10.2 million paid in grants.

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

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $10,222,211

    Grants listed
    29
    Assets, end of year
    $15,754,004
  • Tax year 2024

    $17,080,226

    Grants listed
    37
    Assets, end of year
    $25,435,481
  • Tax year 2023

    $19,155,520

    Grants listed
    41
    Assets, end of year
    $41,000,417
  • Tax year 2022

    $18,954,745

    Grants listed
    41
    Assets, end of year
    $60,266,645
  • Tax year 2021

    $16,325,255

    Grants listed
    36
    Assets, end of year
    $79,816,371
  • Tax year 2020

    $14,684,859

    Grants listed
    32
    Assets, end of year
    $96,303,499
  • Tax year 2019

    $19,275,475

    Grants listed
    37
    Assets, end of year
    $109,676,982
  • Tax year 2018

    $17,862,306

    Grants listed
    28
    Assets, end of year
    $125,868,263

Grants paid in 2025

29 grants, largest first

As listed on the return.

  1. The Pasadena Waldorf SchoolAltadena, CA

    General exempt purpose

    $1,550,000
  2. Spence-Chapin Services to Families and ChildrenNew York, NY

    General exempt purpose

    $1,296,842
  3. New Alternatives for ChildrenNew York, NY

    General exempt purpose

    $1,000,000
  4. Children's Scholarship FundNew York, NY

    General exempt purpose

    $794,400
  5. Australian Indigenous Education FoundationSurry Hills, Australia

    General exempt purpose

    $672,000
  6. Sisters of LifeSuffern, NY

    General exempt purpose

    $500,000
  7. Homeless Children's Foundation of Indian River CountyIndian River Shores, FL

    General exempt purpose

    $355,714
  8. The Bridge Golf FoundationNew York, NY

    General exempt purpose

    $350,000
  9. Dunatos Remedial SchoolSkitland, South Africa

    General exempt purpose

    $310,000
  10. Crossover MissionVero Beach, FL

    General exempt purpose

    $300,000
  11. School on Wheels IncVentura, CA

    General exempt purpose

    $300,000
  12. Young Eisner ScholarsInglewood, CA

    General exempt purpose

    $300,000
  13. Adventures in LearningManhasset, NY

    General exempt purpose

    $250,000
  14. Caritas JerusalemJerusalem, Israel

    General exempt purpose

    $250,000
  15. NSW Friendship Circle IncBondi Junction, Australia

    General exempt purpose

    $250,000
  16. Proyecto PastoralLos Angeles, CA

    General exempt purpose

    $250,000
  17. Rocking the Boat IncBronx, NY

    General exempt purpose

    $250,000
  18. San Antonio Area FoundationSan Antonio, TX

    General exempt purpose

    $205,000
  19. Seriousfun Childrens NetworkNorwalk, CT

    General exempt purpose

    $166,000
  20. Childcare Resources of Indian River IncVero Beach, FL

    General exempt purpose

    $158,952
  21. Hospital for Special SurgeryNew York, NY

    General exempt purpose

    $125,000
  22. Penny's Flight Foundation IncLocust Valley, NY

    General exempt purpose

    $100,000
  23. Catholic Charities of Fairfield County IncShelton, CT

    General exempt purpose

    $99,000
  24. Youth Sailing Foundation of Indian River CountyVero Beach, FL

    General exempt purpose

    $83,333
  25. The Learning Tree Cultural Center IncBronx, NY

    General exempt purpose

    $73,000
  26. Catholic Academy of BridgeportBridgeport, CT

    General exempt purpose

    $70,000
  27. Children First FoundationNorth Melbourne, Australia

    General exempt purpose

    $62,970
  28. Foundation for ARIB1B ResearchChevy Chase, MD

    General exempt purpose

    $50,000
  29. Winchester Committee for A Better ChanceWinchester, MA

    General exempt purpose

    $50,000

Where the money goes

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

  1. Human services5 grants $2,055,79444% of the total
  2. Education4 grants $1,594,40034% of the total
  3. Youth development2 grants $650,00014% of the total
  4. Mental health1 grant $166,0004% of the total
  5. Health1 grant $125,0003% of the total
  6. Sports and recreation1 grant $83,3332% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York10 grants $4,739,242
  2. California4 grants $2,400,000
  3. Florida4 grants $897,999
  4. Connecticut3 grants $335,000
  5. Texas1 grant $205,000
  6. Massachusetts1 grant $50,000
  7. Maryland1 grant $50,000

Officers, directors and trustees

3 people as filed

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

  • Margot McGinnessCO-TRUSTEE Hours 12Pay $0
  • Kathleen BroderickCO-TRUSTEE Hours 12Pay $0
  • Bessemer Trust Company NACO-TRUSTEE Hours 40Pay $34,715

The return

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