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Kozmetsky Family Foundation is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2015. The principal officer is Gregory A Kozmetsky. It holds total assets of $69.3M. Annual income is reported at $19.9M. Total assets have grown from N/A in 2014 to $69.3M in 2024. The foundation is governed by 7 officers and trustees. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Texas. According to available records, Kozmetsky Family Foundation has made 74 grants totaling $12M, with a median grant of $100K. The foundation has distributed between $5.9M and $6.1M annually from 2020 to 2022. Individual grants have ranged from $10K to $3M, with an average award of $162K. The foundation has supported 44 unique organizations. The foundation primarily supports organizations in Texas, New York, Maryland, which account for 86% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
The Kozmetsky Family Foundation operates as a proactive, invitation-only private foundation—it does not accept unsolicited grant applications. Grants are awarded through trustee discretion and pre-existing relationships, reflecting the family's hands-on philanthropic philosophy inherited from George and Ronya Kozmetsky. The foundation was created in 2015 when the historic RGK Foundation (founded 1966) split its assets equally between the Kozmetsky Family Foundation (led by Sarah K. Miller, daughter of Cindy and Greg Kozmetsky) and the Reissa Foundation (led by Jordan Scott, son of Nadya and Michael Scott). With $69.3 million in assets and a lean governance structure (seven family trustees plus one full-time program officer, Lindsey Aylieff), the foundation maintains tight strategic control over its portfolio. The Kozmetsky family's deep roots in Texas technology and education—George Kozmetsky co-founded Teledyne, served as Dean of UT Austin's McCombs School of Business, and received the National Medal of Technology—inform the foundation's emphasis on innovation-driven solutions in healthcare, education, and human services.
The Kozmetsky Family Foundation distributes approximately $2.7-3.6 million annually across 21-27 grants, with a consistent year-over-year pattern: 27 grants in 2021, 24 in 2022, 24 in 2023, and 21 in 2024. The 2024 giving totaled $2.73 million against $69.3M in assets (a 3.9% distribution rate). Grant sizes in 2024 ranged from $20,000 to $400,000 with a median of $125,000, though historically grants have ranged as high as $600,000. Revenue in 2024 was $3.62 million, primarily from investment gains ($2.26M in asset sales) and dividends ($1.24M), with no new contributions. The foundation carries $1.85M in liabilities against $69.3M in assets. Total charitable disbursements of $2.95M in 2024 include both grants and administrative costs (program officer salary of $93,671 and treasurer compensation of $80,340). The foundation's giving rate of approximately 4% is close to the 5% minimum required payout for private foundations, suggesting a conservation-oriented endowment strategy.
| Foundation | Assets | Annual Giving | Focus Areas | Application |
|---|---|---|---|---|
| Kozmetsky Family Foundation | $69.3M | $2.7M (2024) | Education, Health, Human Services | Invitation only |
| Reissa Foundation (sister) | ~$69M (est.) | ~$2.7M (est.) | Education, Health, Human Services | Invitation only |
| Sid W. Richardson Foundation | $610M+ | $20M+ | Education, Health, Human Services, Culture | Open application |
| Meadows Foundation | $1.3B | $40M+ | Education, Health, Arts, Civic | Open application |
| Hoglund Foundation (Dallas) | $32M | ~$1.5M | Education, Family, Children | Invitation only |
| RGK Foundation (predecessor, dissolved) | $133M+ total given | Historical | Family Welfare, Healthcare, Education | Was open |
The Kozmetsky Family Foundation is a mid-tier private foundation by Texas standards. It is significantly smaller than Dallas/Fort Worth philanthropic giants like the Meadows Foundation ($1.3B) and Sid W. Richardson Foundation ($610M+), but holds a meaningful niche as a family-directed, invitation-only grantmaker. Its sister foundation (Reissa) was created from the same asset split and operates with similar resources. Compared to the now-dissolved RGK Foundation, which gave $133M over 50 years, the Kozmetsky Family Foundation is on pace to match or exceed that total over a comparable timeframe if current giving levels are maintained.
The most notable recent developments for the Kozmetsky Family Foundation include its continued maturation as an independent entity following the 2015 split from the RGK Foundation. In 2024, the foundation made 21 grants totaling $2.73 million, with a significant focus on healthcare innovation and mental health. Major 2024 grants included $400,000 to Dell Children's Foundation for a pediatric epilepsy endowed chair, $300,000 to UT Southwestern Medical Center for wound care imaging technology, $250,000 to Dell Medical School for mental illness early intervention, and $150,000 to Meadows Mental Health Policy Institute for youth behavioral health workforce development. The foundation's assets grew from $66.0M in 2023 to $69.3M in 2024, driven by investment returns. The foundation filed its 2024 Form 990-PF on February 3, 2025 (published March 2026). Leadership remains stable with Sarah K. Miller as President/Chair, supported by Program Officer Lindsey Aylieff who works full-time (40 hrs/week) managing the grant portfolio. The foundation's website (kozmetsky.org) appears to be non-functional, consisting only of parked ad content with no foundation information.
The Kozmetsky Family Foundation explicitly states it 'only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.' This means traditional application strategies do not apply. However, organizations seeking to build a relationship with the foundation should consider: (1) Network through the Texas philanthropic ecosystem—the Kozmetsky family is deeply embedded in Dallas and Austin nonprofit communities, particularly through UT Austin connections (RGK Center, McCombs School, IC2 Institute). (2) Align with current priority areas, especially mental health, pediatric healthcare, STEM education, and veterans' services, which have received the largest recent grants. (3) Engage with organizations the foundation already supports, as referrals from existing grantees are a common pathway for invitation-only foundations. (4) Attend Philanthropy Southwest events where the foundation is a member. (5) Focus on Texas-based impact, particularly in Dallas and Austin, though the foundation does fund selectively nationwide. (6) Demonstrate innovation and measurable outcomes—consistent with the Kozmetsky family's technology and business heritage, the foundation favors organizations with evidence-based approaches and scalable impact models. (7) Contact the foundation office at (214) 462-9000 or the program officer Lindsey Aylieff to explore potential fit before assuming the foundation cannot be approached.
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Smallest Grant
$30K
Median Grant
$75K
Average Grant
$180K
Largest Grant
$2M
Based on 27 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.
The Kozmetsky Family Foundation distributes approximately $2.7-3.6 million annually across 21-27 grants, with a consistent year-over-year pattern: 27 grants in 2021, 24 in 2022, 24 in 2023, and 21 in 2024. The 2024 giving totaled $2.73 million against $69.3M in assets (a 3.9% distribution rate). Grant sizes in 2024 ranged from $20,000 to $400,000 with a median of $125,000, though historically grants have ranged as high as $600,000. Revenue in 2024 was $3.62 million, primarily from investment gai.
Kozmetsky Family Foundation has distributed a total of $12M across 74 grants. The median grant size is $100K, with an average of $162K. Individual grants have ranged from $10K to $3M.
The Kozmetsky Family Foundation operates as a proactive, invitation-only private foundation—it does not accept unsolicited grant applications. Grants are awarded through trustee discretion and pre-existing relationships, reflecting the family's hands-on philanthropic philosophy inherited from George and Ronya Kozmetsky. The foundation was created in 2015 when the historic RGK Foundation (founded 1966) split its assets equally between the Kozmetsky Family Foundation (led by Sarah K. Miller, daugh.
Kozmetsky Family Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chris Miller | Trustee, Treasurer | $75K | $27K | $102K |
| Sarah K Miller | Trustee, President, Chair | $0 | $0 | N/A |
| Cynthia H Kozmetsky | Trustee, Secretary | $0 | $0 | N/A |
| Gregory A Kozmetsky | Trustee, VP, Vice Chair | $0 | $0 | N/A |
| Aaron W Kozmetsky | Trustee | $0 | $0 | N/A |
| Tracey D Kozmetsky | Trustee | $0 | $0 | N/A |
| Kimberly H Kozmetsky | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$69.3M
Fair Market Value
N/A
Net Worth
$67.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
74
Total Giving
$12M
Average Grant
$162K
Median Grant
$100K
Unique Recipients
44
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Miracle FoundationSupport to enhance the FosterShare App to help foster children thrive by delivering streamlined communication and support for all foster families and by engaging the communities who surround them | Austin, TX | $140K | 2022 |
| Southwestern Medical Foundation For The Benefit Of Ut Sw Medical CenterSupport to expand the Youth Aware of Mental Health (YAM) Resilience Training Program at middle and high schools | Dallas, TX | $600K | 2022 |
| CureduchenneSupport to expand both the Link and Physical Therapy Programs to conduct research and improve the quality of life for individuals with Duchenne Muscular Dystrophy | Newport Beach, CA | $200K | 2022 |
| Aopa Foundation IncSupport to implement an improved learning management system for the You Can Fly High School Aviation STEM program | Frederick, MD | $200K | 2022 |
| St Edward'S UniversitySupport for seed funding to help establish a Nursing Program | Austin, TX | $200K | 2022 |
| Tory Burch FoundationSupport for the Embrace Ambition Summit designed to address the double standard that exists around ambition, challenging stereotypes and unconscious bias surrounding race, gender, and sexuality | New York, NY | $175K | 2022 |
| Combined ArmsSupport for marketing expenses to expand services to military members and their families | Houston, TX | $150K | 2022 |
| Austin Community FoundationSupport for Austin Habitat for Humanity's project to increase the availability of affordable homes in Austin | Austin, TX | $150K | 2022 |
| Women'S Sports FoundationSupport to underwrite a new research initiative focused on the critical impact of sports and physical activity on the mental health of girls | New York, NY | $105K | 2022 |
| Just CommunitySupport to hire a CFO to build agency's capacity to serve low-income entrepreneurs in North and Central Texas | Austin, TX | $100K | 2022 |
| The 19th NewsGeneral Operating | Austin, TX | $100K | 2022 |
| Hunterseven FoundationSupport for the Special Operations Health Equity Initiative to create an evidence-based solution to successfully support, screen, and prevent cancer deaths in Special Operations Forces populations | Providence, RI | $100K | 2022 |
| Metro Dallas Homeless AllianceSupport for the Dallas R.E.A.L. Time Rapid Rehousing Initiative to reduce homelessness in Dallas and Collin Counties | Dallas, TX | $100K | 2022 |
| The Human ImpactSupport for the 2022 Strategic Roadmap to expand services to the Dallas area homeless population | Dallas, TX | $80K | 2022 |
| The Crystal Charity BallSupport for NEWBI (NEuro Wellness in Brains of Infants): Expanding the Neuronatal Neurology Intensive Care Program at Southwestern Medical Foundation | Dallas, TX | $75K | 2022 |
| Baylor Healthcare System Foundation Dba Baylor Scott & White Dallas FoundSupport to implement a Sexual Assault Nurse Examiner Program in the Emergency Department at Baylor University Medical Center | Dallas, TX | $75K | 2022 |
| March To The Polls IncSupport to expand the Student Voter Empowerment Coalition designed to strengthen students' understanding of how government works, increase youth voter turnout, and lay the foundation for a life-long commitment to voting | Dallas, TX | $75K | 2022 |
| Meadows Mental Health Policy InstituteSupport for the North Texas School Mental Health Executive Learning Community | Dallas, TX | $70K | 2022 |
| Wonders & WorriesIllness education and coping support for Central Texas families | Austin, TX | $60K | 2022 |
| Dell Children'S FoundationSupport for Ketogenic diet therapies in the treatment of drug-resistant epilepsy | Austin, TX | $50K | 2022 |
| Ark House FoundationGeneral Operating | Richardson, TX | $40K | 2022 |
| University Of Texas At Austin - Division Of Student AffairscounselingSupport for the suicide prevention and mental health promotion initiative aimed to enhance UT students' access to mental health resources and equip the campus community with tools to help students in distress. | Austin, TX | $15K | 2022 |
| The University Of North Carolina At ChapelSupport for the Counseling and Psychological Services (CAPS) program to address the mental health needs of UNC students | Chapel Hill, NC | $15K | 2022 |
| Mccombs School Of Business FoundationSupport capital campaign for McCombs School of Business Mulva Hall Facilities Project | Austin, TX | $3M | 2020 |
| North Texas Food BankCOVID 19 Emergency Relief | Plano, TX | $500K | 2020 |