IAC Charitable Foundation

OVERVIEW

IAC Charitable Foundation

The IAC Charitable Foundation is dedicated to empowering communities by addressing urgent needs, advancing equity, and nurturing future leaders. We focus on enhancing educational opportunities, fostering civic engagement, and supporting arts and culture in New York City and beyond. Through targeted grantmaking and programs, we strive to create a thriving community where every individual has the resources and support needed to achieve their full potential.

We are guided by curiosity, a questioning of the status quo, and a desire to embrace new approaches that will best achieve our philanthropic goals. We seek to evaluate impact often and adapt our approaches to address evolving needs quickly. We aim to go deep versus go wide with our resources. We want to maximize impact, supporting initiatives that are local, well-managed, and aligned with our mission. We seek to listen to our partners and trust their expertise. We model our grantmaking and partnerships in such a way that those closest to the issues are leading the design of solutions.

 

Areas of Focus

  • Education, Inclusion, & Opportunity

    Empowering a new generation of leaders starts with quality education for all young people regardless of their socioeconomic background. We provide opportunities and resources that help students of all ages reach their full potential.

  • Civic & Community Engagement

    We engage in civic and community initiatives to improve urban life, advance economic opportunities, and enhance our social fabric. We focus on supporting local initiatives aimed at meeting the immediate needs of vulnerable community members in the West Chelsea neighborhood of New York City.

  • Arts & Culture

    We seek to enrich our local community by ensuring that art remains a vibrant and accessible part of New York City. We invest in programs that promote diverse voices, inspire creativity, strengthen cultural institutions, and educate the next generation of artists.

  • Hardship Relief

    Empowering individuals facing unforeseen hardship by providing direct, no-strings-attached financial support. We believe that everyone deserves dignity, agency, and the opportunity to rebuild their lives with the resources they need, when they need them most. 

Foundation Programs

IAC Charitable Foundation has established several programs that seek to meet significant and urgent financial needs of individuals in our community.

Scholarship Program

The Foundation awards scholarships to high-achieving, high-performing students from historically and systemically underrepresented communities who demonstrate significant and urgent financial needs on campus. The program's independent scholarship selection committee awards scholarships up to $10,000 for specific academic related purposes as informed by the student’s application and approved by the committee, such as tuition, textbooks, technology, and on-campus housing. 

IAC Fellow Hardship Relief Program

The IAC Fellows Program aims to engage aspiring leaders in technology early and often – employing a multi-pronged approach to break down barriers to opportunity in the workplace – so that any student regardless of socioeconomic background can see themselves as a leader at a company like IAC and can make that future a reality. Fellows facing unexpected and severe hardships are eligible to apply for emergency funds through our Fellows Hardship Relief Program administered by independent grant specialists at E4E Relief. These cash grants up to $10k may be used for emergency medical situations, disasters, or other general hardships.

IAC Employee Hardship Relief Program

The IAC Employee Hardship Relief Fund was established to help full-time IAC corporate employees facing unexpected financial adversity due to qualifying hardships or disasters. The fund provides cash grants up to $10k to employees who can demonstrate hardship to independent grant specialists at E4E Relief. Our hope is that through this fund IAC can provide a safety net for employees during difficult times, demonstrating a commitment to our community’s well-being and fostering a supportive work environment.

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LET’S GET STARTED

Please Fill Out the Form Below

STEP 1: APPLICATION UPLOADS [Please only upload pdfs]
STEP 2: CONTACT INFORMATION
STEP 3: EDUCATION [Please add as many academic institutions as appropriate]
Please list any scores for those tests taken. If not applicable, please write “N/A":
STEP 4: SOCIOECONOMIC BACKGROUND
Are you or your family eligible or currently receiving any of the following assistance programs?
Free or Reduced Cost Lunch Program (example: National School Lunch Program (NSLP))
Food Stamps/EBT or other food assistance program
Special Supplemental Nutrition Program for Woman, Infants, and Children (WIC)
Temporary Assistance to Needy Families (TANF)
Low Income Home Energy Assistance Program (LIHEAP) or other utility assistance programs
Supplemental Security Income (SSI)
Reduced Housing/Housing Assistance (example: HUD Section 8)
Social Security Death or Disability (not standard retirement)
State or Federal Health Insurance (example: MediCal, CHIP)
The Medicaid joint federal and state program
STEP 5: Scholarship Purpose As a reminder, the Scholarship may only be used for academic related expenses. In the application, you must indicate how you would allocate your scholarship if you were to receive the award. Please note that if awarded, you are responsible for any U.S. federal, state or local income tax obligations in connection with your receipt of the Scholarship.
I would use my Scholarship for the following purposes [check all boxes that apply]:
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STEP 6: Essays
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STEP 7: Certification
I am a US citizen or permanent resident.
I understand that if I am selected as a scholarship recipient, I will be required to submit a copy of my Pell-Grant eligibility confirmation letter and Form-W9.
I understand that my recommender must email my recommendation letter to IACFoundationScholarship@iac.com in order for my application to be complete.
I hereby certify that the information and responses provided in this Application are true and correct to the best of my knowledge.

Disclaimer: By submitting your application, you agree to the Foundation’s use of the personal information (“PII”) about you collected by the Foundation. The Foundation may use the PII we collect about you for any authorized purpose relating to the mission of the Foundation and the IAC Foundation Scholarship program, including evaluating applications, providing information to our current and potential partners and donors, and contacting you. We may also disclose and provide such PII to other parties (including persons located outside the United States) who participate in the IAC Foundation Scholarship program and to service providers to facilitate on our behalf the IAC Foundation Scholarship program. Non-affiliated companies and individuals that assist the Foundation in providing services related to the IAC Foundation Scholarship program are required to maintain the confidentiality of such information to the extent they receive it and to use your PII only in the course of providing such services and only for the purposes that we dictate. In order to provide efficient and reliable services and to improve the IAC Foundation Scholarship Program, we may use or disclose your PII for marketing, research and other business purposes, and we may associate your PII with other information we collect about you, such as details about your usage patterns and interests, but we will not sell this information or disclose it to third parties.