Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Riggio Foundation, based in New York, NY, is a philanthropic organization with assets totaling $87,075,421. The foundation's annual expenses amount to $3,100,039, with a revenue of $395,005. It focuses on a wide range of subject areas including arts and culture, performing arts, museums, education, health, public safety, disaster management, and human services. The foundation supports various cities across the United States, including New York, Brooklyn, and Washington, among others. Key personnel include Leonard Riggio and Louise Riggio, who serve as trustees, and Maria Florez, the CFO. The foundation does not provide compensation for its trustees or CFO. It operates in multiple states such as New York, California, and Florida, contributing to diverse initiatives in these regions.
Focus Areas
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Financials
+2.6% from previous year
41 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $2,400,000 | Weill Cornell Medicine | Dedicates its medical college to the highest principles of liberal education, spirited inquiry, coll... | New york, NY, US | 2022 |
| $1,000,000 | BROOKLYN TECH ALUMNI FOUNDATION INC | TO MOBILIZE TECH GRADUATES TO SUPPORT THE NATION'S PREMIER HIGH SCHOOL FOR SCIENCE, TECHNOLOGY, ENGI... | Brooklyn, NY, US | 2024 |
| $900,000 | OMEGA HORSE RESCUE AND REHABILITATION CENTER INC | TO EDUCATE OWNERS, LEGISLATE HUMANE TREATMENT-EQUINES. DESCRIPTION OF THE CONTRIBUTED PROPERTY: TRAC... | Airville, PA, US | 2024 |
| $450,000 | GREEN IS THE NEW BLUE | TO PROMOTE THE PROTECTION AND PRESERVATION OF THE ENVIRONMENT AND TO EVALUATE AND INSPIRE INDIVIDUAL... | New york, NY, US | 2024 |
| $350,000 | GREEN IS THE NEW BLUE | TO PROMOTE THE PROTECTION AND PRESERVATION OF THE ENVIRONMENT AND TO EVALUATE AND INSPIRE INDIVIDUAL... | New york, NY, US | 2023 |
| $200,000 | EXPLORING THE ARTS | To transform the lives of young people through arts education | Astoria, NY, US | 2023 |
| $150,000 | THE BRIDGEHAMPTON CHILD CARE AND RECREATION CENTER | DELIVER YOUTH and ADULT DEVELOPMENT SERVICES TO NEEDY FAMILIES | Bridgehampton, NY, US | 2022 |
| $127,000 | AIKEN HORSE PARK FOUNDATION | TO PROMOTE AIKEN'S EQUESTRIAN WAY OF LIFE AND TO ENCOURAGE THE COMMUNITY'S CIVIC, EDUCATIONAL, AND C... | Aiken, SC, US | 2024 |
| $125,000 | GREEN IS THE NEW BLUE | TO PROMOTE THE PROTECTION AND PRESERVATION OF THE ENVIRONMENT AND TO EVALUATE AND INSPIRE INDIVIDUAL... | New york, NY, US | 2022 |
| $125,000 | Poets & Writers | Foster the professional development of poets and writers and to promote communication throughout the... | New york, NY, US | 2022 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
LR
leonard riggio
| trustee | $0 | 2024 |
LR
louise riggio
| trustee | $0 | 2024 |
MF
MARIA FLOREZ
| CFO | $0 | 2024 |
leonard riggio
trustee
louise riggio
trustee
MARIA FLOREZ
CFO
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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