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Foundations / New York

Equitable Foundation Inc

Accepts applications New York, New York · EIN 131340512

Equitable Foundation Inc is a private foundation in New York, New York. In tax year 2024 it gave $6.2 million in 1,453 grants; the typical grant was $500 and the largest $1.8 million. It accepts applications; its filing gives the instructions below.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was up from $5.4 million the year before.

54% 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 yearGrants paidNumber of grantsAssets
2023$5.4 million1,417$106 million
2024$6.2 million1,453$112 million

How to apply

ContactScholarship America
One Scholarship Way, Saint Peter, MN 56082
Phone or email(855) 996-2255, equitableexcellence@scholarshipamerica.org
What to submitEquitable foundation has established the equitable excellence scholarship program to assist high school seniors who are planning to continue their education at a two or four-year college in the united states by fall 2024. This program is administered by scholarship america, the nation's largest designer and manager of scholarship, tuition assistance and other education support programs for corporations, foundations, associations, and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor and eligible applications are reviewed by scholarship america's evaluation team. In compliance with federal law, this program will not discriminate in the terms, conditions or privileges of participation on the basis of race, color, religion, gender, national origin, age, disability or sexual orientation.
DeadlinesDecember 18, 2024 (or when 10,000 applications are submitted, whichever occurs first).
Restrictions1. Be current high school seniors and current undergraduates in one of the 50 U.S. States, District of Columbia, or Puerto Rico. 2. Be willing to provide a release to publicize their identities and information about their plans or achievements along with photographs for use in program promotion and information. 3. Have a minimum grade point average of 2.5 on a 4.0 scale (or its equivalent). 4. Demonstrates financial need.

As written in the foundation's IRS filing for tax year 2024. Details may have changed since.

Foundation website IRS filings on ProPublica

What Equitable Foundation Inc funds

Where it gives

Its grants went to recipients in 48 states, the most to Minnesota.

StateGrantsAmount
Minnesota22$1.8 million
North Carolina137$1.1 million
District of Columbia24$717,747
New York270$572,584
Massachusetts34$191,372
Texas67$112,290
Florida150$109,501
Pennsylvania94$106,633
New Jersey77$93,992
Maryland20$76,837

Grants paid in 2024

The 40 largest of 1,453 grants
RecipientPurposeAmount
Scholarship America
Saint Peter, MN
Equitable excellence 2024 scholarship awards$1.8 million
American Red Cross
Washington, DC
General contribution$300,000
Thurgood Marshall College Fund
Washington, DC
General contribution$239,393
Blumenthal Performing Arts Center
Charlotte, NC
General contribution$200,000
Year Up
Boston, MA
General contribution$157,800
E4E Relief
Charlotte, NC
General contribution$150,000
CMS Foundation
Charlotte, NC
General contribution$125,000
Carolina Youth Coalition
Charlotte, NC
General contribution$107,436
United Way of Central Carolinas Inc
Charlotte, NC
General contribution$100,000
On Point for College
Syracse, NY
General contribution$95,892
United Way of Central New York Inc
Syracuse, NY
General contribution$78,800
Ncan
Washington, DC
General contribution$75,000
Scholarship America
Saint Peter, MN
Equitable family 2024 scholarship awards$65,000
Kaboom
Bethesda, MD
General contribution$63,272
Council of Chief State School Officers
Washington, DC
General contribution$61,881
NC Department of State Treasurer
Raleigh, NC
General contribution$55,000
BLUEPRINT15
Syracuse, NY
General contribution$50,000
Habitat for Humanity NC
Raleigh, NC
General contribution$50,000
Teach for America North Carolina
New York, NC
General contribution$50,000
Genone
Charlotte, NC
General contribution$40,500
ROAD2HIRE
Ft Mill, SC
General contribution$40,000
Central New York Community Foundation
Syracuse, NY
General contribution$30,000
Urbanpromise Charlotte
Charlotte, NC
General contribution$30,000
SXSW
Austin, TX
General contribution$27,950
Autism Society - Northwestern Pennsylvania
Erie, PA
General contribution$25,700
Habitat for Humanity Syracuse
Syracuse, NY
General contribution$25,000
Heart Math Tutoring
Charlotte, NC
General contribution$25,000
National Network State Teachers of the Year
Wichita, KS
General contribution$25,000
Ny Cares
New York, NY
General contribution$25,000
Monmouth University
West Long Branch, NJ
General contribution$22,000
Charlotte Sports Foundation
Charlotte, NC
General contribution$20,000
Community Building Initiative
Charlotte, NC
General contribution$20,000
Le Moyne College (ERIE21)
Syracuse, NY
General contribution$20,000
Sadd Inc
Washington, DC
General contribution$20,000
Share Charlotte
Charlotte, NC
General contribution$20,000
Wakeed Partnership
Raleigh, NC
General contribution$17,500
University of North Carolina at Charlotte
Charlotte, NC
General contribution$16,093
Open Arms of Minnesota
Richfield, MN
General contribution$15,000
St Gregory the Great
Williamsville, NY
General contribution$14,000
National Multiple Sclerosis Society Headquarters
Denver, CO
General contribution$13,891

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Equitable Foundation Inc accept grant applications?

Yes. Its latest IRS filing says it accepts applications, with this on deadlines: December 18, 2024 (or when 10,000 applications are submitted, whichever occurs first)..

How much does Equitable Foundation Inc give?

$6.2 million in tax year 2024, across 1,453 grants, with a typical grant of $500.

Who runs Equitable Foundation Inc?

Its 2024 filing lists Jarian Kerekes (Chairman & President & Director), Candace Scappator (Controller), Peter Tian (Treasurer (As of 05/2024)) and Julia Yun Zhang (Treasurer (Thru of 05/2024)) among 7 officers and trustees.

What does Equitable Foundation Inc fund?

Based on its grants, mainly education, human services and arts and culture.

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