GrantAuthority

Idc Foundation Inc

Grantmaking foundation in Centerport, New York · EIN 47-2662220

Grants itemized on the 990
$2.6MTax year 2025
Grants made
6Tax year 2025
Total assets
$32MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

IDC Foundation Inc. was founded to provide scholarships to help undergraduate and professional students preparing for careers in the building construction industry, including but not limited to architecture,construction, engineering, and interior design, to pay for the costs of their education at educational institutions that are exempt from taxation under either Section 501(c)(3) or Section 115 of the Internal Revenue Code.IDC Foundation Inc. will provide funding for internships for such students as long as internships are supervised or approved by the Educational Institutions at which such students are enrolled. IDC Foundation will Provide Grants to Educational Institutions for the purpose of encouraging and supporting students pursuing careers in the building construction industry and to support research and educational programs relevant to the building construction industry.

Quoted from the foundation's IRS filing.

Giving by year

$650K2020
$1.6M2021
$1.1M2022
$1.8M2023
$500K2024
$2.6M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Cooper Union$1.1M2025
NY Institue of Technology$1.1M2025
Barnard College$100K2025
Columbia University$100K2025
New York University$100K2025

Amounts are rounded. The full grantee list (6 grants in 2025) is available with a free account.

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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.