The Theodore J Forstmann Charitable Tr
Preselected recipients only
The Theodore J Forstmann Charitable Tr is a private foundation in New York, New York. In tax year 2025 it gave $10.2 million in 29 grants; the typical grant was $250,000 and the largest $1.6 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$10.2 million
- Number of grants29
- Typical grant$250,000
- Largest grant$1.6 million
- Assets$15.8 million
- New grantees35%
Giving in 2025 was down from $17.1 million the year before.
35% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $19.2 million | 41 | $41.1 million |
| 2024 | $17.1 million | 37 | $25.4 million |
| 2025 | $10.2 million | 29 | $15.8 million |
How to apply
The Theodore J Forstmann Charitable Tr 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 The Theodore J Forstmann Charitable Tr funds
Where it gives
Its US grants went to recipients in 7 states, the most to New York. It also paid $1.5 million in 5 grants to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| New York | 10 | $4.7 million |
| California | 4 | $2.4 million |
| Florida | 4 | $897,999 |
| Connecticut | 3 | $335,000 |
| Texas | 1 | $205,000 |
| Massachusetts | 1 | $50,000 |
| Maryland | 1 | $50,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| The Pasadena Waldorf School | General exempt purpose | $1.6 million |
| Spence-Chapin Services to Families and Children | General exempt purpose | $1.3 million |
| New Alternatives for Children | General exempt purpose | $1.0 million |
| Children's Scholarship Fund | General exempt purpose | $794,400 |
| Australian Indigenous Education Foundation | General exempt purpose | $672,000 |
| Sisters of Life | General exempt purpose | $500,000 |
| Homeless Children's Foundation of Indian River County | General exempt purpose | $355,714 |
| The Bridge Golf Foundation | General exempt purpose | $350,000 |
| Dunatos Remedial School | General exempt purpose | $310,000 |
| Crossover Mission | General exempt purpose | $300,000 |
| School on Wheels Inc | General exempt purpose | $300,000 |
| Young Eisner Scholars | General exempt purpose | $300,000 |
| Adventures in Learning | General exempt purpose | $250,000 |
| Caritas Jerusalem | General exempt purpose | $250,000 |
| NSW Friendship Circle Inc | General exempt purpose | $250,000 |
| Proyecto Pastoral | General exempt purpose | $250,000 |
| Rocking the Boat Inc | General exempt purpose | $250,000 |
| San Antonio Area Foundation | General exempt purpose | $205,000 |
| Seriousfun Childrens Network | General exempt purpose | $166,000 |
| Childcare Resources of Indian River Inc | General exempt purpose | $158,952 |
| Hospital for Special Surgery | General exempt purpose | $125,000 |
| Penny's Flight Foundation Inc | General exempt purpose | $100,000 |
| Catholic Charities of Fairfield County Inc | General exempt purpose | $99,000 |
| Youth Sailing Foundation of Indian River County | General exempt purpose | $83,333 |
| The Learning Tree Cultural Center Inc | General exempt purpose | $73,000 |
| Catholic Academy of Bridgeport | General exempt purpose | $70,000 |
| Children First Foundation | General exempt purpose | $62,970 |
| Foundation for ARIB1B Research | General exempt purpose | $50,000 |
| Winchester Committee for A Better Chance | General exempt purpose | $50,000 |
Officers and trustees
- Margot McGinness
- Kathleen Broderick
- Bessemer Trust Company NA
Questions people ask
Does The Theodore J Forstmann Charitable Tr accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Theodore J Forstmann Charitable Tr give?
$10.2 million in tax year 2025, across 29 grants, with a typical grant of $250,000.
Who runs The Theodore J Forstmann Charitable Tr?
Its 2025 filing lists Margot McGinness (Co-Trustee), Kathleen Broderick (Co-Trustee) and Bessemer Trust Company NA (Co-Trustee).
What does The Theodore J Forstmann Charitable Tr fund?
Based on its grants, mainly education, youth programs and human services.