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The Pershing Square Foundation

Profile

Last Updated: 2016-07-13

At A Glance

The Pershing Square Foundation

888 7th Ave., 42nd Fl.

New York City, NY United States 10019-4402

URL: www.pershingsquarefoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-09-30)

Assets: $99,584,469

Total giving: $31,732,374

EIN

208068401

BRIDGE Number

1826171036

Background

Established in 2006 in NY - Bill and Karen Ackman have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy

Purpose and Activities

Giving primarily for community development, education, the arts, human services, health organizations, and Jewish organizations.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Pershing Square Sohn Prize for Young Investigators in Cancer Research

The Pershing Square Sohn Prize for Young Investigators in Cancer Research will provide New York-based scientists the freedom to take risks and pursue their boldest research at a stage when traditional funding is lacking. In the quest for cures, the Prize will accelerate collaboration between academia and industry. Prize winners will receive $200,000 a year for up to three years.

Fields of Interest

Subjects
  • Arts and culture
  • Community and economic development
  • Diseases and conditions
  • Education
  • Foundations
  • Historic preservation
  • Human services
  • Judaism
  • Leadership development
  • Nonprofits
  • Social enterprise
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students
Organizations
  • Judaic institutions
  • Public charities

Financial Data

Year ended 2015-09-30

Assets: $99,584,469 (market value)

Gifts received: $49,555,000

Expenditures: $34,325,122

Total giving: $31,732,374

Qualifying distributions: $33,747,298

Giving activities include:

$31,732,374 for grants

$31,732,374 for grants to individuals