New York · Nonprofit
1898 FOUNDATION INC
1898 FOUNDATION INC (New York) receives grants from 42 organizations whose IRS filings report $1,082,100 to it, the largest being SUE & EDGAR WACHENHEIM FOUNDATION ($500,000). 20 of them have funded it in more than one year.
- Revenue FY2024
- $280k
- Funders on record
- 42
- Grants received
- $1.1M
- Net assets
- $1.6M
What 1898 Foundation Inc does
Mission
1898 foundation, inc. (the "foundation") is a charitable, nonprofit organization incorporated on december 7, 2017 under the laws of new york state. The foundation was establshed to extend charitable aid in the form of financial assistance to current, former, and future employees of the century country club and their families and dependents. This charitable aid is intended to relieve economic hardship and financial crises arising from death, injury, illness, abuse, accident, natural disaster, or other personal or family emergency. In addition, the foundation provides such individuals, through an application process, with educational assistance. The foundation, from time to time, will also provides support to local area irc section 501(c)(3) organizations.
As stated on its FY2024 Form 990.
Programs
Emergency medical hardship assistance. The foundation provides for emergency medical hardship assistance to individuals in need.
$11,200 spentof which $11,200 as grants17% of program spendingScholarships. The foundation provides for educational assistance to individuals in need.
$31,220 spentof which $31,220 as grants48% of program spendingThe foundation provides grants to charotable organizations.
$22,000 spentof which $22,000 as grants34% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $64,420.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $370k to $1.4M (+285%).
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Alan M Klein
Chairperson
As listed on its FY2024 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 10 funders to 24 funders, grant income rose $35k → $803k.
4 of 42 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of 1898 FOUNDATION INC’s funders (the co-funder graph). Top 30 of 42 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
1898 FOUNDATION INC leans on a few funders — its largest provides 46% of grant income and the top three 61%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2019 29% · 2020 30% · 2021 33% · 2022 34% · 2023 62% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
33% of 1898 FOUNDATION INC's funders are still giving 3 years after their first grant; 48% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
87% of 1898 FOUNDATION INC's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $156k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
1898 FOUNDATION INC runs a healthier operating margin than three-quarters of the 22,812 education nonprofits its size.
this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024
Organizations like 1898 FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
59%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for 1898 FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds 1898 FOUNDATION INC?
- 1898 FOUNDATION INC (New York) receives grants from 42 organizations whose IRS filings report $1,082,100 to it, the largest being SUE & EDGAR WACHENHEIM FOUNDATION ($500,000). 20 of them have funded it in more than one year.
- How many funders does 1898 FOUNDATION INC have?
- IRS filings report 42 organizations giving $1,082,100 in grants to 1898 FOUNDATION INC, 20 of which have funded it in more than one year.
- Who is the largest funder of 1898 FOUNDATION INC?
- SUE & EDGAR WACHENHEIM FOUNDATION is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
- How can an organization like 1898 FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 42 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing