Synchrony Foundation
Preselected recipients only
Synchrony Foundation is a private foundation in Stamford, Connecticut. In tax year 2024 it gave $21.8 million in 394 grants; the typical grant was $10,000 and the largest $2.6 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$21.8 million
- Number of grants394
- Typical grant$10,000
- Largest grant$2.6 million
- Assets$72.3 million
- New grantees52%
Giving in 2024 was up from $18.0 million the year before.
52% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $18.0 million | 392 | $88.4 million |
| 2024 | $21.8 million | 394 | $72.3 million |
How to apply
Synchrony Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Synchrony Foundation funds
Where it gives
Its grants went to recipients in 38 states, the most to Connecticut.
| State | Grants | Amount |
|---|---|---|
| Connecticut | 48 | $4.5 million |
| New York | 37 | $3.5 million |
| South Carolina | 3 | $2.6 million |
| District of Columbia | 7 | $1.3 million |
| New Jersey | 4 | $1.1 million |
| Florida | 27 | $944,500 |
| California | 26 | $839,228 |
| Virginia | 7 | $762,826 |
| Georgia | 26 | $564,320 |
| North Carolina | 25 | $467,400 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Blackbaud Giving Fund | Employee matching gifts | $2.6 million |
| Oneten Coalition Inc | Funding supports general operations and programming. | $1.1 million |
| University of Connecticut Foundation | Funding supports general operations and programming. | $1.1 million |
| District Arts & Education | Funding supports general operations and programming. | $1.0 million |
| The Knowledge House | Funding supports general operations and programming. | $900,000 |
| Deed Community Giving Foundation | Employee matching gifts | $860,756 |
| National Foundation for Credit Counseling | Funding supports general operations and programming. | $750,000 |
| Emergency Assistance Foundation | Funding supports general operations and programming. | $705,000 |
| Myriad USA | Funding supports general operations and programming. | $609,000 |
| Job's for America's Graduates | Funding supports general operations and programming. | $530,000 |
| Girls Who Code | Funding supports general operations and programming. | $502,000 |
| Buildon Inc | Funding supports general operations and programming. | $405,336 |
| Executive Leadership Council | Funding supports general operations and programming. | $400,700 |
| Jeanette Rankin Foundation | Funding supports general operations and programming. | $350,000 |
| Domus Kids Inc | Funding supports general operations and programming. | $342,800 |
| Hispanic Scholarship Fund | Funding supports general operations and programming. | $260,000 |
| American Indigenous Business Leaders (Aibl) | Funding supports general operations and programming. | $254,300 |
| Mercy Learning Center | Funding supports general operations and programming. | $252,114 |
| Alpfa | Funding supports general operations and programming. | $250,000 |
| North Carolina A&t | Funding supports general operations and programming. | $250,000 |
| University of Arkansas at Pine Bluff | Funding supports general operations and programming. | $250,000 |
| Scholarship America | Funding supports general operations and programming. | $234,500 |
| Tuskegee University College of Veterinary Medicine | Funding supports general operations and programming. | $200,000 |
| Ascend | Funding supports general operations and programming. | $150,900 |
| Point Foundation | Funding supports general operations and programming. | $137,000 |
| Serious Fun Childrens Network Inc | Funding supports general operations and programming. | $129,785 |
| Apia Scholarship | Funding supports general operations and programming. | $125,000 |
| GK1 World Foundation | Funding supports general operations and programming. | $120,000 |
| Summit Academy Oic | Funding supports general operations and programming. | $112,500 |
| Pro Bono Partnership Inc | Funding supports general operations and programming. | $112,000 |
| Bartlett Arboretum Association Inc | Funding supports general operations and programming. | $110,000 |
| Fairfield County Community Foundation (Education Collaborative) | Funding supports general operations and programming. | $110,000 |
| United Way of Coastal and Western Connecticut (Uwwc) | Funding supports general operations and programming. | $110,000 |
| Marine Corps Scholarship Fund | Funding supports general operations and programming. | $101,826 |
| Amerian Indian College Fund | Funding supports general operations and programming. | $100,000 |
| Brewster Academy | Funding supports general operations and programming. | $100,000 |
| College Possible Chicago | Funding supports general operations and programming. | $100,000 |
| Folds of Honor Foundation | Funding supports general operations and programming. | $100,000 |
| Keep Stamford Beautiful | Funding supports general operations and programming. | $100,000 |
| Organization for Autism Research | Funding supports general operations and programming. | $100,000 |
Officers and trustees
- Brian Doubles
- Denise Yap
- Doug Steare
- Chris Coffey
- Brian Wenzel
- David Casto
- Jonathan Mothner
- Paul Werner
- Carol Juel
- Michael Matthews
Questions people ask
Does Synchrony Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Synchrony Foundation give?
$21.8 million in tax year 2024, across 394 grants, with a typical grant of $10,000.
Who runs Synchrony Foundation?
Its 2024 filing lists Brian Doubles (Ceo/Director), Denise Yap (President), Doug Steare (Vice President - Tax) and Chris Coffey (Vice President - Treasury) among 10 officers and trustees.
What does Synchrony Foundation fund?
Based on its grants, mainly education, human services and youth programs.