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Jacob Kornwasser Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 1991. It holds total assets of $16.9M. Annual income is reported at $4.3M. Total assets have grown from $11.2M in 2011 to $16.6M in 2021. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2022. The foundation primarily funds organizations in New Jersey, California and New York. According to available records, Jacob Kornwasser Foundation has made 8 grants totaling $1.8M, with a median grant of $60K. Annual giving has grown from $425K in 2020 to $1.4M in 2021. Individual grants have ranged from $15K to $800K, with an average award of $225K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in New York and California and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$60K
Average Grant
$142K
Largest Grant
$350K
Based on 3 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.
Jacob Kornwasser Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY, CA, NJ.
Jacob Kornwasser Foundation has distributed a total of $1.8M across 8 grants. The median grant size is $60K, with an average of $225K. Individual grants have ranged from $15K to $800K.
Jacob Kornwasser Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jacob Kornwasser Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mila Kornwasser | President | $0 | $0 | N/A |
| Judith Hager | Secretary | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$16.6M
Fair Market Value
$15.8M
Net Worth
$16.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$1M
Distribution Amount
$837K
Total: $16.3M
Total Grants
8
Total Giving
$1.8M
Average Grant
$225K
Median Grant
$60K
Unique Recipients
7
Most Common Grant
$60K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Central Fund Of IsraelGENERAL USE | New York, NY | $800K | 2021 |
| Yeshiva Aharon Yaakov-Ohr AcademyGENERAL USE | Los Angeles, CA | $460K | 2021 |
| Fidf - Friends Of Israel Defense FoGENERAL USE | New York, NY | $60K | 2021 |
| Etta Israel CenterGENERAL USE | North Hollywood, CA | $36K | 2021 |
| Bais ShaindelGENERAL USE | Lakewood, NJ | $15K | 2021 |
| Ohr Eliyahu AcademyGENERAL USE | Los Angeles, CA | $350K | 2020 |
| Fidf - Friends Of Israel Disabled VGENERAL USE | New York, NY | $60K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA