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Komar Family Foundation is a private corporation based in RED BANK, NJ. The foundation received its IRS ruling in 1954. It holds total assets of $3M. Annual income is reported at $1.6M. Total assets have grown from $684K in 2010 to $2.3M in 2023. 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 2024. The foundation primarily funds organizations in New Jersey and New York. According to available records, Komar Family Foundation has made 17 grants totaling $521K, with a median grant of $25K. The foundation has distributed between $258K and $263K annually from 2023 to 2024. Individual grants have ranged from $503 to $150K, with an average award of $31K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in New Jersey, Connecticut, North Carolina, which account for 76% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$25K
Average Grant
$36K
Largest Grant
$125K
Based on 5 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.
Komar Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in NJ, CT, NC.
Komar Family Foundation has distributed a total of $521K across 17 grants. The median grant size is $25K, with an average of $31K. Individual grants have ranged from $503 to $150K.
Komar Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Komar Family Foundation is headquartered in RED BANK, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles Komar | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| David Komar | DIRECTOR | $0 | $0 | N/A |
Total Giving
$266K
Total Assets
$2.3M
Fair Market Value
$2.5M
Net Worth
$2.3M
Grants Paid
$258K
Contributions
$500K
Net Investment Income
$76K
Distribution Amount
$115K
Total: $780K
Total Grants
17
Total Giving
$521K
Average Grant
$31K
Median Grant
$25K
Unique Recipients
11
Most Common Grant
$50K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jewish Federation Of Greater Fairfield CountyFOR PURPOSES WHICH ARE TAX EXEMPT | Bridgeport, CT | $90K | 2024 |
| New City KidsFOR PURPOSES WHICH ARE TAX EXEMPT | Jersey City, NJ | $50K | 2024 |
| Costco Scholarship Fund Co College Success FoundationFOR PURPOSES WHICH ARE TAX EXEMPT | Issaquah, WA | $50K | 2024 |
| MiraclefeetFOR PURPOSES WHICH ARE TAX EXEMPT | Chapel Hill, NC | $30K | 2024 |
| JdrfFOR PURPOSES WHICH ARE TAX EXEMPT | New York, NY | $25K | 2024 |
| Riverview Medical Center FoundationFOR PURPOSES WHICH ARE TAX EXEMPT | Red Bank, NJ | $5K | 2024 |
| York Street ProjectFOR PURPOSES WHICH ARE TAX EXEMPT | Jersey City, NJ | $5K | 2024 |
| Queens Center For ProgressFOR PURPOSES WHICH ARE TAX EXEMPT | Jamaica, NY | $2K | 2024 |
| Mercy CenterFOR PURPOSES WHICH ARE TAX EXEMPT | Asbury Park, NJ | $1K | 2024 |
| Zipf Memorial Scholarship FundFOR PURPOSES WHICH ARE TAX EXEMPT | Red Bank, NJ | $503 | 2024 |
| Lunch BreakFOR PURPOSES WHICH ARE TAX EXEMPT | Red Bank, NJ | $150K | 2023 |