Siegel Family Endowment
Description
Siegel Family Endowment is a New York-based philanthropic organization dedicated to understanding and advancing the role of technology in society. Operating at the intersections of learning, workforce development, and infrastructure, the Endowment provides significant grant support to a diverse array of organizations, including academic institutions, research centers, and non-profits. Their core mission revolves around fostering a deeper understanding of how technology shapes human experience and supporting initiatives that help individuals and communities thrive in an increasingly digital world.
The Endowment's approach is characterized by strategic, catalytic grants aimed at building, researching, and implementing solutions. They seek to empower organizations that are at the forefront of addressing complex societal challenges related to technological advancement. This includes funding projects that explore digital literacy, the future of work, equitable access to technology, and the ethical implications of emerging technologies. Their grant-making process emphasizes long-term impact and collaborative partnerships.
Financially, Siegel Family Endowment demonstrates substantial capacity for philanthropic endeavors. As of the end of 2022, the Endowment reported total assets of approximately $194 million, underscoring its significant resource base. In the same year, it disbursed over $10.6 million in grants across 67 distinct organizations, reflecting a broad commitment to its focus areas. Typical grant sizes from the Siegel Family Endowment range from $10,000 for smaller, targeted initiatives to as much as $1,000,000 for major, multi-year projects or foundational research.
The Endowment's strategic focus ensures that its funding contributes to a robust ecosystem of innovation and thought leadership, driving progress in areas critical to societal well-being in the digital age.
Investor Profile
Siegel Family Endowment has backed more than 24 startups, with 15 new investments in the last 12 months alone. The firm has led 24 rounds, about 100% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Grant rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Education, Non Profit, Consulting.
- Led 15 rounds in the past year.
- Typical check size: $10K – $1M.
Stage Focus
- Grant (100%)
Country Focus
- United States (88%)
Industry Focus
- Education
- Non Profit
- Consulting
- Higher Education
- Innovation Management
- Universities
- Artificial Intelligence (Ai)
- Knowledge Management
- Association
- Information Technology
Frequently Asked Questions
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