New Tamarind Foundation
Quick Stats
- Annual Giving: $11.8 million (2024)
- Success Rate: N/A (invitation-only)
- Decision Time: N/A (trustee discretion)
- Grant Range: $300,000 - $7,500,000
- Geographic Focus: Primarily New Jersey/New York region
Contact Details
- Address: 500 Mamaroneck Ave Ste 301, Harrison, NY 10528-1648
- Website: www.newtamarindfoundation.org (not currently active)
- Phone: Not publicly available
- Email: Not publicly available
Overview
The New Tamarind Foundation is a private grantmaking foundation established in 2009 and based in Harrison, New York. With total assets of approximately $155.8 million and annual charitable disbursements of around $11.8 million, the foundation operates as a significant regional funder. The foundation maintains a selective grantmaking approach, supporting a small number of organizations with substantial grants. Notably, the foundation has indicated to the IRS its intention to convert from a private foundation to a public charity status, which may signal changes in its operational approach.
Funding Priorities
Grant Programs
Based on recent grantmaking:
- Educational Support: Up to $7.5 million (scholarship fund establishment)
- General Operating Support: $300,000 - $4 million (supporting nonprofit operations)
Priority Areas
- Higher education and scholarship programs
- Environmental advocacy and food/water security
- Social services and food security programs
What They Don't Fund
No publicly stated exclusions available
Governance and Leadership
Key Officers:
- Joan Rechnitz - President and Director
- John Dias - Vice President and Director ($275,000 compensation)
- Michael Hurst - Secretary and Director ($275,000 compensation)
Application Process & Timeline
How to Apply
This funder does not have a public application process. Grants appear to be awarded through trustee discretion and pre-existing relationships. The foundation made only 4 grants in their most recent fiscal year, suggesting a highly selective approach focused on organizations with existing connections to the foundation.
Application Success Factors
Based on the foundation's giving patterns:
- Organizations receiving support tend to be established institutions with significant operational capacity
- Grants are typically for substantial amounts, suggesting the foundation prefers high-impact partnerships
- Both general operating and program-specific support are provided
- Geographic proximity to the New Jersey/New York area appears to be a factor
Key Takeaways for Grant Writers
- The New Tamarind Foundation operates as an invitation-only funder with no public application process
- Average grant size is exceptionally large, with most grants exceeding $300,000
- The foundation supports a very limited number of organizations each year (4 in 2024)
- Focus areas include education, environmental advocacy, and social services
- The foundation's intention to convert to public charity status may signal future changes in accessibility
- Building relationships with foundation leadership would be essential for any potential funding consideration
- The foundation demonstrates 96.9% program expense ratio, indicating strong commitment to grantmaking
References
- ProPublica Nonprofit Explorer - New Tamarind Foundation profile (accessed December 2024)
- GuideStar Organization Profile - EIN 26-3324875 (accessed December 2024)
- CauseIQ Foundation Profile - New Tamarind Foundation grant analysis (accessed December 2024)
- IRS Form 990 data via ProPublica (2024 fiscal year)