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Komal Foundation is a private corporation based in LAKE OSWEGO, OR. The foundation received its IRS ruling in 2016. It holds total assets of $2.2M. Annual income is reported at $566K. Total assets have grown from N/A in 2014 to $2.3M in 2023. 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 2020 to 2023. Grantmaking is concentrated in Oregon. According to available records, Komal Foundation has made 31 grants totaling $650K, with a median grant of $15K. The foundation has distributed between $120K and $270K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $270K distributed across 8 grants. Individual grants have ranged from $10K to $100K, with an average award of $21K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in Oregon. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$15K
Average Grant
$19K
Largest Grant
$25K
Based on 7 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.
Komal Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in OR.
Komal Foundation has distributed a total of $650K across 31 grants. The median grant size is $15K, with an average of $21K. Individual grants have ranged from $10K to $100K.
Komal Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is SUBMISSION DEADLINES DETERMINED BY BOARD. Although the foundation has a specific interest in medical and mental health issues, the board of directors anticipates that it will also make awards for various other charitable causes. The majority of awards will be made to oregon organizations; however, the board may also make awards to non-oregon charitable organizations.
Komal Foundation is headquartered in LAKE OSWEGO, OR.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gainor Arzt | CHAIR | $0 | $0 | N/A |
| Minott Wessinger | SECRETARY/TR | $0 | $0 | N/A |
| Phil Arzt | DIRECTOR | $0 | $0 | N/A |
Total Giving
$150K
Total Assets
$2.3M
Fair Market Value
$2.6M
Net Worth
$2.3M
Grants Paid
$130K
Contributions
N/A
Net Investment Income
$51K
Distribution Amount
$126K
Total: $2.2M
Total Grants
31
Total Giving
$650K
Average Grant
$21K
Median Grant
$15K
Unique Recipients
14
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Oregon Food BankHUMAN SERVICE | Portland, OR | $25K | 2023 |
| Central City ConcernsHUMAN SERVICE | Portland, OR | $25K | 2023 |
| Helping Hands ReentryHUAMN SERVICE | Seaside, OR | $20K | 2023 |
| Cannon Beach Rural Fire ProtectionHUMAN SERVICE | Cannon Beach, OR | $15K | 2023 |
| North Coast Land ConservanceHUMAN SERVICE | Seaside, OR | $15K | 2023 |
| Nw CaresHUMAN SERVICE | Portland, OR | $10K | 2023 |
| Rose HavenHUMAN SERVICE | Portland, OR | $10K | 2023 |
| Urban GleanersHUMAN SERVICE | Portland, OR | $10K | 2023 |
| Cedar Sinai Park FoundationHUMAN SERVICE | Portland, OR | $100K | 2022 |
| Bybee Lake Hope CenterHUMAN SERVICE | Portland, OR | $10K | 2022 |
| North Coast Land ConservancyEDUCATION | Seaside, OR | $15K | 2021 |
| Cannon Beach Fire & RescureHUMAN SERVICE | Cannon Beach, OR | $15K | 2021 |
| Impact NwHUMAN SERVICE | Portland, OR | $15K | 2021 |
| Metropolitan Family ServiceHUMAN SERVICE | Portland, OR | $15K | 2021 |