Starr Foundation EIN 13-6151545

Starr Foundation FY2022 filing

EIN  13-6151545 Private foundation / grantmaker New York, NY 1 follower
Form 990 (PDF)
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Size
$10–100M
What they do
A private foundation based in New York, NY. It reported about $52.1M in revenue for 2022.
Leadership
Ms Fa Davis · President & Director · $503K
Money in and out
$52.1M revenue, $101.9M expenses
Bottom line

A private foundation based in New York, NY. It reported about $52.1M in revenue for 2022. For fiscal year 2022 it reported $52.1M in revenue, $101.9M in expenses, and $1.3B in net assets.Pt I

Grants paid & assets · FY2022
Total revenue
$52.1M
Pt VIII · Ln 12
Total expenses
$101.9M
Pt IX · Ln 25
Net assets
$1.3B
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$49.8M
Total assets
1.3B
deployed as grants and operations
Grants paid
75.6M
in FY2022
Grants made
90grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 90 grants · $73.5M · 2024–2024
New York-Presbyterian Fund INCNY · FY2024$10,000,000
Memorial Sloan-Kettering Cancer CenterFY2024$10,000,000
Cornell University (weill Cornell Medicine)FY2024$7,000,000
Yale UniversityFY2024$5,000,000
Rogosin Institute INCNY · FY2024$5,000,000
American Hospital of ParisFY2024$5,000,000
Hebrew Home for the Aged at RiverdaleFY2024$4,900,000
Cornell University (weill Cornell Medicine)FY2024$4,000,000
US Chamber of Commerce FoundationDC · FY2024$3,000,000
Cornell University (weill Cornell Medicine)FY2024$3,000,000
Council on Foreign Relations INCNY · FY2024$1,000,000
Arizona State University FoundationFY2024$1,000,000
New York University (school of Law)FY2024$625,000
International Scholarship & Tuition Services INCFY2024$538,655
Yale Chief Executive Leadership InstituteFY2024$500,000
See all 90 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV28
Average grantPart XV$817K
Median grantPart XV$30K
Largest grantPart XV$10.0M
Top cause focusNTEEColleges & Universities (9%)

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$52.1M
FY2022▼ -72%
Expenses
$101.9M
FY2022▲ +9%
Total assets
$1.3B
FY2022▼ -4%
Total liabilities
$0
FY2022▼ -100%
Total revenue
$52.1M
Pt VIII · Ln 12
Total expenses
$101.9M
Pt IX · Ln 25
Net assets
$1.3B
Pt X · Ln 32
Total assetsPt II$1.3B

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStarr Foundation
EINHdr · item D13-6151545
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.starrfoundation.org
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFJul 1958

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President & Director
$503,322Pt VII · Sec A
Vice President & Corporate Secretary
$185,728Pt VII · Sec A
Assistant Treasurer
$168,308Pt VII · Sec A
Director, Program and Grants Admin
$83,031Pt VII · Sec A
Assistant Corp. Secretary & Director
$82,216Pt VII · Sec A
Vice President
$29,912Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2021FY2020
Ms Fa Davis$237,793$503,322$502,701
Ms Courtney O'Malley$467,114$144,652
Ms M Livingston$301,889$304,066$185,728$184,174
Ms Y Lukonen$205,041$203,952$168,308$164,682
Ms P Lawrence$29,912$199,611
Ms a Osei$115,713$122,850
Ms Osei Abigail$83,031
Ms J Renner$45,746$82,216$77,411

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Other revenue$26.7M · 51%
Investment income$25.4M · 49%
Other revenue51%$26.7M
Investment income49%$25.4M
Contributions & grants$41K
Total revenueLn 12$52.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.74 Operating & administrative $0.26
Grants & contributions paid74%$75.6M
Operating & administrative26%$26.3M
Total functional expensesLn 25$101.9M

Balance Sheet

Part X · end of year
CashLn 1$75.2M
Total assetsLn 16$1.3B
Total liabilitiesLn 26$0
Total net assetsLn 32$1.3B
Months of cash on handcomputed8.8

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$233.3M revenue · ⤓ 990 PDF
FY2023$76.8M revenue · ⤓ 990 PDF
FY2022$52.1M revenue · viewing · ⤓ 990 PDF
FY2021$187.3M revenue · ⤓ 990 PDF
FY2020$137.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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