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Kotsen Family Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2015. It holds total assets of $613K. Annual income is reported at $134K. Total assets have grown from $51K in 2015 to $618K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 5 states, including New Jersey, New York, Pennsylvania. According to available records, Kotsen Family Foundation Inc. has made 6 grants totaling $20K, with a median grant of $3K. Individual grants have ranged from $3K to $5K, with an average award of $3K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New Jersey and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$5K
Average Grant
$4K
Largest Grant
$10K
Based on 8 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.
Kotsen Family Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NJ, PA.
Kotsen Family Foundation Inc. has distributed a total of $20K across 6 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $3K to $5K.
Kotsen Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Kotsen Family Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank Kotsen | PRESIDENT | $0 | $0 | N/A |
| Monique Neal | OFFICER | $0 | $0 | N/A |
| Anna Marie Kotsen | OFFICER | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$618K
Fair Market Value
$613K
Net Worth
$618K
Grants Paid
$28K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$30K
Total: $199K
Total Grants
6
Total Giving
$20K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
3
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American School In London FoundationGENERAL | Princeton, NJ | $5K | 2022 |
| The Wharton FundGENERAL | Philadelphia, PA | $3K | 2022 |
| Princeton UniversityGENERAL | Princeton, NJ | $3K | 2022 |