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The Prospect Hill Foundation, Inc.

Profile

Last Updated: 2016-07-07

At A Glance

The Prospect Hill Foundation, Inc.

99 Park Ave., Ste. 2220

New York City, NY United States 10016-1601

Telephone: (212) 370-1165

URL: www.prospect-hill.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2015-06-30)

Assets: $62,524,885

Total giving: $3,109,829

EIN

136075567

BRIDGE Number

1971299017

Background

Incorporated in 1960 in NY; absorbed The Frederick W. Beinecke Fund in 1983 - The Prospect Hill Foundation is a private foundation established by Elizabeth G. Beinecke and William S. Beinecke, the retired chairman of the Sperry and Hutchinson Company

Purpose and Activities

The foundation's mission is to advance the human experience while ensuring the well being of the earth. The foundation pursues this mission by making grants in four main program areas: 1) environmental conservation - to support conservation strategies that protect natural systems and to improve air quality for the benefit of human and ecological health; 2) nuclear nonproliferation - to limit the spread of nuclear weapons by providing reliable information to U.S. policy makers, the media, and the public; 3) reproductive health and rights - to support the right of women and men to be informed of and have access to safe, effective, affordable and acceptable methods of fertility regulation of their choice; and 4) criminal justice - to promote a fair and humane criminal justice system. In addition, the foundation makes a number of core grants that support the general philanthropic interests and goals of the foundation's directors and their family.

Program Area(s)

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

Criminal Justice

This program promotes a fair and humane criminal justice system.

Environment

This program supports conservation strategies that protect natural systems and improve air quality for the benefit of human and ecological health.

Nuclear Nonproliferation

This program's goal is to limit the spread of nuclear weapons by providing reliable information to U.S. policy makers, the media and the public.

Reproductive Health and Rights

This program supports the right of women and men to be informed of and have access to safe, effective, affordable and acceptable methods of fertility regulation of their choice.

Fields of Interest

Subjects
  • Arts and culture
  • Courts
  • Education
  • Family planning
  • Natural resources
  • Nuclear non-proliferation
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2015-06-30

Assets: $62,524,885 (market value)

Expenditures: $3,946,240

Total giving: $3,109,829

Qualifying distributions: $3,604,129