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Barbara And Fred Kort Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2009. It holds total assets of $18.9M. Annual income is reported at $4.8M. Total assets have grown from $493K in 2010 to $19.7M in 2022. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Funding is distributed across 4 states, including New York, California, Virginia. According to available records, Barbara And Fred Kort Foundation has made 30 grants totaling $5.9M, with a median grant of $100K. Annual giving has decreased from $1.2M in 2020 to $825K in 2023. Grantmaking activity was highest in 2022 with $3.9M distributed across 12 grants. Individual grants have ranged from $5K to $1.2M, with an average award of $196K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in New York, California, Pennsylvania, which account for 73% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$76K
Average Grant
$120K
Largest Grant
$500K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Barbara And Fred Kort Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in NY, CA, PA.
Barbara And Fred Kort Foundation has distributed a total of $5.9M across 30 grants. The median grant size is $100K, with an average of $196K. Individual grants have ranged from $5K to $1.2M.
Barbara And Fred Kort Foundation typically selects its grantees rather than accepting unsolicited proposals.
Barbara And Fred Kort Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven M Frankiel | CFO | $0 | $0 | N/A |
| Daniel Lee | SECRETARY | $0 | $0 | N/A |
| Lucia Cheung | PRESIDENT | $0 | $0 | N/A |
Total Giving
$842K
Total Assets
$19.7M
Fair Market Value
$29.4M
Net Worth
$19.7M
Grants Paid
$825K
Contributions
$1.5M
Net Investment Income
$427K
Distribution Amount
$1.4M
Total: $5.9M
Total Grants
30
Total Giving
$5.9M
Average Grant
$196K
Median Grant
$100K
Unique Recipients
15
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| HadassahCANCER TREATMENT | New York, NY | $500K | 2020 |
| Los Angeles Museum Of The HolocaustHOLOCAUST REMEMBRANCE | Los Angeles, CA | $210K | 2023 |
| Skookum KidsCHILD EDUCATION | Bellingham, WA | $180K | 2023 |
| Asian Youth CenterCHILD EDUCATION | San Gabriel, CA | $110K | 2023 |
| Yeshiva Ketana Of Los AngelesCHILD EDUCATION | Valley Village, CA | $100K | 2023 |
| SharsheretCANCER TREATMENT | Teaneck, NJ | $100K | 2023 |
| Virginia Holocaust MuseumHOLOCAUST REMEMBRANCE | Richmond, VA | $70K | 2023 |
| ImpactisraelCHILD EDUCATION | Needham, MA | $50K | 2023 |
| American Israel Gap Year AssocCHILD EDUCATION | Los Angeles, CA | $5K | 2023 |
| American Friends Of Bar Ilan UniversityCANCER TREATMENT | New York, NY | $1.2M | 2022 |
| Gratz CollegeHOLOCAUST REMEMBRANCE | Melrose Park, PA | $300K | 2022 |
| American Society For Yad VashemHOLOCAUST REMEMBRANCE | Los Angeles, CA | $50K | 2022 |
| Kleinman Holocaust Education CenterHOLOCAUST REMEMBERANCE | Brooklyn, NY | $75K | 2020 |
| AmitCHILD EDUCATION | New York, NY | $31K | 2020 |
| American Southwestern Railway Assoc IncCHILD EDUCATION | Glendale, CA | $8K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA