The Viola Fund

NEW YORK, NY EIN: 13-3398045

The Viola Fund is a private family foundation of the Leigh family, established in 1987 and based in New York, NY. It operates as a 501(c)(3) organization with no employees and functions as a grantmaking foundation.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.8M

-5.2% YoY

Annual Giving

$2.2M

+96.1% YoY

Grant Count

18

+0.0% YoY

Avg Grant Size

$121K

+96.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The organization has not provided a formal mission statement. Based on recent grantmaking activity, the fund supports general initiatives across multiple sectors, including environmental conservation, food security, and the arts.

Grantmaking

The Viola Fund made 19 grants in 2023, with award amounts ranging from $10,000 to $1,000,000. Recent notable grants include:

Grant Types

**

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Geographic Focus

Where this funder awards grants

The fund's grantmaking extends across multiple states, with documented activity in New York, California, and New Jersey.

Grant Distribution by State

10states
+2 more states

Cities

AlbanyAlberta LeaBrooklynBrookylnChicagoFort LeeLaguna HillsLong IslandNew HavenNew OrleansNew YorkNewtonOakhurstSanta MonicaSherman OaksStony BrookWashingtonWest Palm Beach

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2023:

  • Total Assets: $20,894,280
  • Total Revenues: $15,771,551
  • Total Expenses: $1,165,862
  • Total Grants, Contributions, etc.: $15,561,781
  • Investment Income and Dividends: $145,168
  • Net Gain from Sale of Non-Inventory Assets: $64,602

Notable Financial Trend:

Total grants and contributions increased dramatically year-over-year, rising 22,845.4% from $67,821 in 2022 to $15,561,781 in 2023.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$9M$13M$17M20202021202220232024
Metric202420232022
Total Assets$19,802,474$20,894,280$6,288,591
Revenue$1,125,369$15,771,551$95,249
Expenses$2,217,175$1,165,862$2,215,535
Qualifying Distributions$2,182,775$1,117,442$2,150,442
Net Investment Income$1,090,969$171,350$140,943
Distributable Amount$1,054,151$349,151$334,478

Giving Over Time

Total grant dollars and number of grants per year

$0$543K$1M$2M$2M29 grants202020 grants202119 grants202218 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ENVIRONMENTAL DEFENSE FUND$2.0MMETROPOLITAN OPERA$25KWHITNEY MUSEUM OF AMERIC…$25KCORNELL-WEILL HOSPITAL$20KSOKA GAKKAI INTERNATIONAL$20KOPEN STAGE PROJECT$15KCOLUMBIA UNIVERSITY$10KHOSPITAL FOR SPECIAL SUR…$10KMAGAZZINO ITALIAN ART FO…$10KTHE FEMINIST INSTITUTE T…$10K

Grant Size Distribution

104 grants across all recorded years

94<$50K3$50–100K$100–250K2$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ABBY LEIGHTRUSTEE, AS REQUIRED0.1
REBECCA LEIGHTRUSTEE, AS REQUIRED0.1
DAVID LEIGHTRUSTEE, AS REQUIRED0.1

Contact Information

Address: Citrin Cooperman 50 Rockefeller Place New York, NY 10020

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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