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Kovack Family Charitable Foundation is a private trust based in FT LAUDERDALE, FL. The foundation received its IRS ruling in 2019. It holds total assets of $21K. Annual income is reported at $160K. Total assets have decreased from $35K in 2019 to $18K 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 2020 to 2023. Grantmaking is concentrated in Florida. According to available records, Kovack Family Charitable Foundation has made 27 grants totaling $680K, with a median grant of $20K. The foundation has distributed between $180K and $300K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $300K distributed across 14 grants. Individual grants have ranged from $3K to $100K, with an average award of $25K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Florida and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$26K
Largest Grant
$70K
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.
Kovack Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in FL, CA.
Kovack Family Charitable Foundation has distributed a total of $680K across 27 grants. The median grant size is $20K, with an average of $25K. Individual grants have ranged from $3K to $100K.
Kovack Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kovack Family Charitable Foundation is headquartered in FT LAUDERDALE, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brian Kovack | DIRECTOR | $0 | $0 | N/A |
| Priscilla Kovack | DIRECTOR | $0 | $0 | N/A |
Total Giving
$200K
Total Assets
$18K
Fair Market Value
$18K
Net Worth
$18K
Grants Paid
$200K
Contributions
$160K
Net Investment Income
N/A
Distribution Amount
$901
Total Grants
27
Total Giving
$680K
Average Grant
$25K
Median Grant
$20K
Unique Recipients
10
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cross Community ChurchCHARITY | Deerfield Beach, FL | $60K | 2023 |
| Westminster AcademyCHARITY | Fort Lauderdale, FL | $60K | 2023 |
| Coral Ridge Presbyterian ChurchCHARITY | Fort Lauderdale, FL | $50K | 2023 |
| Knox SeminaryCHARITY | Fort Lauderdale, FL | $15K | 2023 |
| Evangelism ExplosionCHARITY | Fort Lauderdale, FL | $15K | 2023 |
| D James Kennedy MinistriesCHARITY | Fort Lauderdale, FL | $5K | 2022 |
| Walking With AnthonyCHARITY | Los Angeles, CA | $5K | 2022 |
| National Insurance Services La Soufriere Disaster Releif FundCHARITY | Kingstown | $5K | 2021 |
| Broward Children'S CenterCHARITY | Pompano Beach, FL | $3K | 2021 |
| Heart2heart Outreach Of South FloridaCHARITY | Fort Lauderdale, FL | $3K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL