New Tamarind Foundation

Annual Giving
$11.8M
Grant Range
$300K - $7.5M

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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)

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