Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Kceg Foundation is a private trust based in MONSEY, NY. The foundation received its IRS ruling in 1998. The principal officer is Morris Werner. It holds total assets of $3.8M. Annual income is reported at $259K. Total assets have grown from $387K in 2011 to $4.1M in 2023. The foundation is governed by 2 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. Grantmaking is concentrated in New York. According to available records, Kceg Foundation has made 48 grants totaling $1.4M, with a median grant of $21K. Annual giving has grown from $472K in 2020 to $586K in 2022. Individual grants have ranged from $180 to $125K, with an average award of $30K. The foundation has supported 18 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$7K
Median Grant
$28K
Average Grant
$36K
Largest Grant
$125K
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.
Kceg Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in NY.
Kceg Foundation has distributed a total of $1.4M across 48 grants. The median grant size is $21K, with an average of $30K. Individual grants have ranged from $180 to $125K.
Kceg Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kceg Foundation is headquartered in MONSEY, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hendel Grossman | Trustee | $0 | $0 | N/A |
| Ephraim Grossman | Trustee | $0 | $0 | N/A |
Total Giving
$547K
Total Assets
$4.1M
Fair Market Value
$4.1M
Net Worth
$4.1M
Grants Paid
$544K
Contributions
$1M
Net Investment Income
$77K
Distribution Amount
$146K
Total: $101K
Total Grants
48
Total Giving
$1.4M
Average Grant
$30K
Median Grant
$21K
Unique Recipients
18
Most Common Grant
$14K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various Charitable OrganizationsCHARITABLE | Monsey, NY | $76K | 2022 |
| Ojc FundCHARITABLE | Brooklyn, NY | $60K | 2022 |
| Talmud Torah Machzikei HadasCHARITABLE | Monsey, NY | $43K | 2022 |
| Bais MalkaCHARITABLE | Spring Valley, NY | $23K | 2022 |
| Merkas Olumi BelzCHARITABLE | Brooklyn, NY | $23K | 2022 |
| Yeshiva Bais YehudahCHARITABLE | Monsey, NY | $22K | 2022 |
| Kollel BelzCHARITABLE | Monsey, NY | $15K | 2022 |
| Kupath HadayanimCHARITABLE | Spring Valley, NY | $14K | 2022 |
| Congregation Ahavas ChesedCHARITABLE | Brooklyn, NY | $12K | 2022 |
| Congregation Bais YisascherCHARITABLE | Monsey, NY | $4K | 2022 |
| BelzCHARITABLE | Brooklyn, NY | $2K | 2022 |
| Congregation Ohel YeshayaCHARITABLE | Brooklyn, NY | $745 | 2022 |
| Ohel YishocherCHARITABLE | Brooklyn, NY | $180 | 2022 |
| Yedei ChessedCHARITABLE | Chestnut Ridge, NY | $36K | 2021 |
| Congregation Merkaz OlimiCHARITABLE | Brooklyn, NY | $21K | 2021 |
| Yeshiva Avir YaakovCHARITABLE | Spring Valley, NY | $7K | 2021 |
| American Friends Of BelzCHARITABLE | Brooklyn, NY | $50K | 2020 |
| Kahal Torath ChaimCHARITABLE | Monsey, NY | $14K | 2020 |