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Kevin Zoltan Merszei Foundation Inc. is a private corporation based in PALM BEACH, FL. The foundation received its IRS ruling in 2017. It holds total assets of $2.4M. Annual income is reported at $715K. 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 2016 to 2023. According to available records, Kevin Zoltan Merszei Foundation Inc. has made 7 grants totaling $2.4M, with a median grant of $50K. Annual giving has decreased from $2.1M in 2021 to $290K in 2023. Individual grants have ranged from $5K to $1M, with an average award of $341K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New York and Florida and Virginia. Contributions to this foundation are tax-deductible.
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.
Kevin Zoltan Merszei Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NY, FL, VA.
Kevin Zoltan Merszei Foundation Inc. has distributed a total of $2.4M across 7 grants. The median grant size is $50K, with an average of $341K. Individual grants have ranged from $5K to $1M.
Kevin Zoltan Merszei Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Kevin Zoltan Merszei Foundation Inc. is headquartered in PALM BEACH, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Aimee Morner Merszei | DIR.,PRES., TREAS. | $0 | $0 | N/A |
| Robert A Stevens | DIR., SEC. | $0 | $0 | N/A |
| Aaron Marohl | DIRECTOR | $0 | $0 | N/A |
Total Giving
$293K
Total Assets
$2.4M
Fair Market Value
$9M
Net Worth
$2.4M
Grants Paid
$290K
Contributions
$4K
Net Investment Income
$58K
Distribution Amount
N/A
Total: $2.4M
Total Grants
7
Total Giving
$2.4M
Average Grant
$341K
Median Grant
$50K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hospital For Special SurgeryGENERAL | West Palm Beach, FL | $200K | 2023 |
| Navy Seal FoundationGENERAL | Virginia Beach, VA | $50K | 2023 |
| Palm Beach Area Tennis Patrons IncGENERAL | West Palm Beach, FL | $40K | 2023 |
| Holy Trinity ChurchGENERAL | West Palm Beach, FL | $5K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL