Torch Foundation

Name

Torch Foundation

Legal name

The Torch Foundation

Website

https://torchfoundation.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Charitable Foundation Services

NAICS

Grantmaking Foundations (813211)

SIC

Services-Social Services (8300)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industry

Corporate Foundations & CSR Grantmaking (BPAGAKAC)

Keywords

• Children's charity grants
• Medical care assistance
• Charitable fundraising events
• Nonprofit foundation services
• Family support programs

Headquarters

HQ city

Commack

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel

Distribution channels1 record

Marketing channels3 records

Core offering

The Torch Foundation is a 501-C3 nonprofit that raises money through membership dues, donations, and fundraising events to provide financial grants to children's charities and individual families who cannot afford medical care for their children. It distributes contributions to organizations that help children with social, economic, and medical conditions, and coordinates volunteer engagement activities.

Differentiator

Problem solved

Functional benefit

Products and services

• Children's Charity Grant Program
• Annual Fundraising Events
• Industry Membership Program

Quantifiable outcome

• 55 campers served at Hope With Heart 2014 session
• +1 more outcomes

Named customers6 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and minor.

• Hope With HeartcoreOthersCharitable partnership where Torch Foundation provides financial support ($10,000 in 2014) to enable camp experiences for children with special needs. 55 campers served in 2014 session.
• The Children's Hospital at MontefiorecoreOthersTorch Foundation provided $10,000 donation to support the Phoebe H. Stein Child Life Program's 'Cham Circus' 5th Annual Patient Prom, serving over 60 pediatric patients.
• Children's Aid Society's Rhinelander Children's CentercoreOthers$5,000 tax-deductible donation for fiscal year 2014-15 supporting the Saturday Program that promotes socialization, creative expression, self-esteem, and Deaf pride.
• AMT Children of Hope Foundation/Baby Safe HavencoreOthers$2,000 donation supporting programs to prevent infant abandonment and provide care for those in need under the Baby Safe Haven Law.
• St. Christopher's Inc.coreOthers$10,000 gift toward family fun day enabling children to interact with family and friends, supporting social development and community skills.
• ImaginecoreOthers$10,000 grant to add a fourth bereavement Night of Support, enabling service to an additional 60 children and parents dealing with grief.
• Eden Autism ServicesminorOthersListed as a recipient of foundation support for autism services.
• Ronald McDonald HouseminorOthersListed as a highlighted charity and recipient of foundation support.
• NYU Langone Medical CenterminorOthersListed as a highlighted charity and recipient of foundation support.
• Safe Haven for ChildrenminorOthersListed as a highlighted charity and recipient of foundation support.
• St. Elizabeth Seton PediatricsminorOthersListed as a highlighted charity and recipient of foundation support.
• Maria Fareri Children's HospitalminorOthersListed as a highlighted charity and recipient of foundation support.
• Ascent School for AutismminorOthersListed as a highlighted charity and recipient of foundation support.

Scale indicators6 records

Recent moves3 records

Expansion highlights3 records

Direct peers

• Make-A-Wish Foundation: National 501(c)(3) that grants wishes to children with critical illnesses, funded through events and corporate donors. Directly comparable to Torch Foundation in mission (children's health/welfare) and operating model (event-driven community fundraising distributing grants to beneficiaries).
• Children's Aid Society: A direct current grantee of Torch Foundation ($5K to Rhinelander Children's Center). Provides children's social services in NYC — closest regional peer in terms of program overlap and beneficiary population.
• Alex's Lemonade Stand Foundation: Childhood-cancer-focused grantmaker that funds research and family support through grassroots and corporate donations. Comparable in being an event-and-donor-funded foundation making targeted grants to children's health programs.
• St. Baldrick's Foundation: Volunteer- and event-driven (head-shaving events) foundation funding pediatric cancer research. Mirrors Torch Foundation's reliance on community events and volunteer committees to generate grantmaking capacity.
• Ronald McDonald House Charities: Charity supporting families of seriously ill children, and an actual current grantee of Torch Foundation. Same direct-grant, event-funded, child-health-focused nonprofit model, though at national scale.
• Starlight Children's Foundation: Funds pediatric programs at children's hospitals (play, distraction, family support) — the exact program category Torch Foundation supports at Montefiore and similar hospitals via small grants.
• National Pediatric Cancer Foundation: Funds pediatric cancer treatment and research via donations and corporate partnerships. Comparable mission (children's health) and grantmaking structure, though with a narrower disease focus.
• Children's Miracle Network Hospitals: Funds children's hospitals through community and corporate fundraising. Highly comparable donor-and-grant model aimed at pediatric hospital partners that overlap with Torch Foundation's recipient list.

Broad incumbents

• March of Dimes: Large, established maternal and child health nonprofit. Operates in the same broad mission space as Torch Foundation (children's and family health) but at national scale and with a much larger staff and budget.
• American Cancer Society: Incumbent in the children's-health-adjacent fundraising space with broad disease focus. Significantly larger than Torch Foundation but competes for the same donor mindshare within corporate giving programs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/torch-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Torch Foundation