The Martha & Alexis Stewart Charitable Foundation concentrates its giving on high-level health care and medical education institutions, directing nearly all funds to prominent New York medical organizations. Grants are large and targeted, supporting specialized clinical care and academic medicine rather than grassroots or community-based programs.
Highly concentrated: very few, large grants split between major hospital and medical school recipients; repeat or small-scale community grants are not evident.
Notable grantees: Hospital for Special Surgery Fund Inc, Icahn School of Medicine at Mount Sinai
The Martha & Alexis Stewart Charitable Foundation’s two largest recent grants, both in 2025, went to major New York medical institutions: $500,011 to Hospital for Special Surgery Fund Inc and $495,968 to Ichan School of Medicine at Mount Sinai. That pairing sets the tone for the foundation’s giving. Its recent records show large, targeted support for specialized clinical care and academic medicine, with additional grants spread across a smaller set of cultural, health, and conservation organizations. The foundation’s pattern is not broad-based community grantmaking; instead, it concentrates on named institutions and specific exempt purposes. The grant list also shows that the foundation extends beyond hospital and medical school support when it chooses, including gifts to Barnard College, Friends of Hudson River Park Inc, and Northern Westchester Hospital Association Co Northwell Health Inc. Even in those cases, the awards are directed to established organizations rather than individuals or programmatic intermediaries. With annual grants of $1,139,549 and assets of $4,180,393, the foundation operates at a scale that can place several major institutional grants alongside a series of smaller awards.
Health care is the clearest theme in the foundation’s giving. In 2025, it awarded $500,011 to Hospital for Special Surgery Fund Inc and $495,968 to Ichan School of Medicine at Mount Sinai, both for the donee’s exempt purpose. Those two grants account for most of the recent dollar volume. The foundation also supports regional health institutions outside New York City. Mount Desert Island Hospital received $50,000 in 2023 and another $10,000 in 2024, both for exempt purposes, showing repeated support for the same hospital in Maine. Beyond medicine, the foundation has made smaller gifts to education, parks, and arts organizations. Barnard College received $30,000 in 2024, while Friends of Hudson River Park Inc and Alvin Ailey Dance Foundation Inc each received $25,000 and $10,000 respectively in 2025. These grants sit alongside conservation-related awards to Mount Desert Land and Garden Preserve and Friends of Acadia.
Typical grant sizes range from $1,000 at the 25th percentile to $10,000 at the median and $27,500 at the 75th percentile, indicating a structure that mixes a few very large awards with many smaller ones. The recent record also shows repeated support for some recipients across multiple years: Mount Desert Island Hospital appears in both 2023 and 2024, and Yoga Gives Back appears in 2024 and 2025. The foundation is classified as a regular funder, not a DAF sponsor, and it does not fund individuals or make program-related investments. Grants are awarded for the donee’s exempt purpose rather than through an application process described in the data.
$527K
$4M
$51K
$529K
Most grants fall between $1K and $28K, with a median of $10K.
25th Percentile
$1K
Median
$10K
75th Percentile
$28K
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Giving is concentrated in the United States, with all 15 recent grants going to U.S. recipients. New York City is the main destination for grants, including recipients in New York, NY such as Hospital for Special Surgery Fund Inc, Ichan School of Medicine at Mount Sinai, Barnard College, Friends of Hudson River Park Inc, Alvin Ailey Dance Foundation Inc, and Downtown United Soccer Club Inc. Maine is the top state by grant count, with recurring awards reaching Bar Harbor, Seal Harbor, Topsham, and Mt Desert. A smaller number of grants also went to Los Angeles, CA and Westbury, NY.
Its recent grants center on health care and medical education, especially major New York institutions. The record also includes smaller awards to arts, parks, education, and conservation groups such as Barnard College, Friends of Hudson River Park Inc, and Friends of Acadia.
Typical awards are relatively small compared with its largest grants: the 25th percentile is $1,000, the median is $10,000, and the 75th percentile is $27,500. The recent list also includes two grants above $495,000, showing a wide spread in grant size.
Yes. Mount Desert Island Hospital received $50,000 in 2023 and $10,000 in 2024. Yoga Gives Back also appears twice, with $1,000 in 2024 and $1,000 in 2025. That pattern suggests some recipients receive repeated support over multiple years.
The foundation gives mostly in the Northeast, with Maine as the top state by grant count and 47% of grants going to recipients in New York, the headquarters state. Recent recipient cities include New York, NY; Bar Harbor, ME; Seal Harbor, ME; Topsham, ME; Los Angeles, CA; and Westbury, NY.
2026
Source: IRS Form 990-PF, fiscal year 2026.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| FRIENDS OF ACADIA | BAR HARBOR, ME | $487,665 | 2026 | FOR DONEE'S EXEMPT PURPOSE |
| NORTHERN WESTCHESTER HOSPITAL ASSOCIATION | WESTBURY, NY | $10,000 | 2026 | FOR DONEE'S EXEMPT PURPOSE |
| ENTERTAINMENT INDUSTRY FOUNDATION | LOS ANGELES, CA | $10,000 | 2026 | FOR DONEE'S EXEMPT PURPOSE |
| DOWNTOWN UNITED SOCCER CLUB INC | NEW YORK, NY | $5,000 | 2026 | FOR DONEE'S EXEMPT PURPOSE |
| CARAMOOR CENTER FOR MUSIC | KATONAH, NY | $5,000 | 2026 | FOR DONEE'S EXEMPT PURPOSE |
| PASADENA HUMANE SOCIETY | PASADENA, CA | $5,000 | 2026 | FOR DONEE'S EXEMPT PURPOSE |
| MOUNT DESERT LAND AND GARDEN PRESERVE | SEAL HARBOR, NY | $2,500 | 2026 | FOR DONEE'S EXEMPT PURPOSE |
| GEORGE STEVENS ACADEMY | BLUE HILL, ME | $1,000 | 2026 | FOR DONEE'S EXEMPT PURPOSE |
| MOUNT DESERT ISLAND SEARCH & RESCUE | BAR HARBOR, ME | $500 | 2026 | FOR DONEE'S EXEMPT PURPOSE |
| HOSPITAL FOR SPECIAL SURGERY FUND INC | NEW YORK, NY | $500,011 | 2025 | FOR DONEE'S EXEMPT PURPOSE |
| ICHAN SCHOOL OF MEDICINE AT MOUNT SINAI | NEW YORK, NY | $495,968 | 2025 | FOR DONEE'S EXEMPT PURPOSE |
| FRIENDS OF HUDSON RIVER PARK INC | NEW YORK, NY | $25,000 | 2025 | FOR DONEE'S EXEMPT PURPOSE |
| DOWNTOWN UNITED SOCCER CLUB INC | NEW YORK, NY | $10,000 | 2025 | FOR DONEE'S EXEMPT PURPOSE |
| ALVIN AILEY DANCE FOUNDATION INC | NEW YORK, NY | $10,000 | 2025 | FOR DONEE'S EXEMPT PURPOSE |
| MOUNT DESERT LAND AND GARDEN PRESERVE | SEAL HARBOR, ME | $2,500 | 2025 | FOR DONEE'S EXEMPT PURPOSE |
| FRIENDS OF ACADIA | BAR HARBOR, ME | $1,000 | 2025 | FOR DONEE'S EXEMPT PURPOSE |
| NORTHERN WESTCHESTER HOSPITAL ASSOCIATION CO NORTHWELL HEALTH INC | WESTBURY, NY | $1,000 | 2025 | FOR DONEE'S EXEMPT PURPOSE |
| YOGA GIVES BACK | LOS ANGELES, CA | $1,000 | 2025 | FOR DONEE'S EXEMPT PURPOSE |
| BARNARD COLLEGE | NEW YORK, NY | $30,000 | 2024 | FOR DONEE'S EXEMPT PURPOSE |
| MOUNT DESERT ISLAND HOSPITAL | BAR HARBOR, ME | $10,000 | 2024 | FOR DONEE'S EXEMPT PURPOSE |
| MAINE COAST HERITAGE TRUST | TOPSHAM, ME | $1,070 | 2024 | FOR DONEE'S EXEMPT PURPOSE |
| YOGA GIVES BACK | LOS ANGELES, CA | $1,000 | 2024 | FOR DONEE'S EXEMPT PURPOSE |
| MOUNT DESERT ISLAND HOSPITAL | BAR HARBOR, ME | $50,000 | 2023 | FOR DONEE'S EXEMPT PURPOSE |
| BEATRIX FARRAND SOCIETY | MT DESERT, ME | $1,000 | 2023 | FOR DONEE'S EXEMPT PURPOSE |
DOWNTOWN UNITED SOCCER CLUB INC
$5,000FOR DONEE'S EXEMPT PURPOSE
PASADENA HUMANE SOCIETY
$5,000FOR DONEE'S EXEMPT PURPOSE
GEORGE STEVENS ACADEMY
$1,000FOR DONEE'S EXEMPT PURPOSE
MOUNT DESERT ISLAND SEARCH & RESCUE
$500FOR DONEE'S EXEMPT PURPOSE
DOWNTOWN UNITED SOCCER CLUB INC
$10,000FOR DONEE'S EXEMPT PURPOSE
FOR DONEE'S EXEMPT PURPOSE
YOGA GIVES BACK
$1,000FOR DONEE'S EXEMPT PURPOSE
YOGA GIVES BACK
$1,000FOR DONEE'S EXEMPT PURPOSE
BEATRIX FARRAND SOCIETY
$1,000FOR DONEE'S EXEMPT PURPOSE