Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Richard & Karen LeFrak Charitable Foundation, based in Wilmington, Delaware, is a philanthropic organization with assets totaling $10,936,808. In the most recent fiscal year, the foundation reported expenses of $3,746,543 and revenue of $3,285,623. The foundation focuses its grantmaking on a variety of subject areas including arts and culture, performing arts, music, orchestral music, education, higher education, health, in-patient medical care, hospital care, diseases and conditions, and human services. It supports initiatives in several cities across the United States, including Amherst, Los Angeles, Miami, Napa, New York, Philadelphia, San Francisco, South Hadley, Southampton, and Washington, D.C., and in states such as California, Florida, Massachusetts, New York, and Pennsylvania. The foundation is led by a board of directors, including Thomas A. Varley as Director & President, Brian McLean as Director & Executive Vice President, Jay McHugh as Director & Vice President, and Joshua Grant as Director. All directors work on a voluntary basis, contributing five hours each without compensation.
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Financials
+2.6% from previous year
17 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $3,000,000 | NEW YORK PHILHARMONIC | RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL | New york, NY, US | 2024 |
| $2,100,000 | NEW YORK PHILHARMONIC | RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL | New york, NY, US | 2023 |
| $1,000,000 | NEW YORK PHILHARMONIC | RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL | New york, NY, US | 2022 |
| $550,000 | AMERICAN MUSEUM OF NATURAL HISTORY | RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL | New york, NY, US | 2022 |
| $250,000 | THE JFK CENTER FOR THE PERFORMING ARTS | RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL | Washington, DC, US | 2022 |
| $250,000 | AMERICAN MUSEUM OF NATURAL HISTORY | RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL | New york, NY, US | 2023 |
| $250,000 | THE JFK CENTER FOR THE PERFORMING ARTS | RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL | Washington, DC, US | 2023 |
| $250,000 | AMHERST COLLEGE | RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL | Amherst, MA, US | 2024 |
| $100,000 | THE MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH | RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL | New york, NY, US | 2022 |
| $100,000 | THE MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH | RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL | New york, NY, US | 2023 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
TA
THOMAS A VARLEY END 62023
| DIRECTOR & PRESIDENT | $0 | 2024 |
BM
BRIAN MCLEAN
| DIRECTOR & EXECUTIVE VICE PRESIDENT | $0 | 2024 |
JM
JAY MCHUGH
| DIRECTOR & VICE PRESIDENT | $0 | 2024 |
JG
JOSHUA GRANT
| DIRECTOR | $0 | 2024 |
THOMAS A VARLEY END 62023
DIRECTOR & PRESIDENT
BRIAN MCLEAN
DIRECTOR & EXECUTIVE VICE PRESIDENT
JAY MCHUGH
DIRECTOR & VICE PRESIDENT
JOSHUA GRANT
DIRECTOR
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025