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Krell Family Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2007. The principal officer is David Krell. It holds total assets of $2.4M. Annual income is reported at $140K. Total assets have decreased from $3.6M in 2011 to $2.4M in 2023. The foundation is governed by 6 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 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Krell Family Foundation Inc. has made 37 grants totaling $366K, with a median grant of $10K. Annual giving has decreased from $236K in 2022 to $130K in 2023. Individual grants have ranged from $4K to $18K, with an average award of $10K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in New York and Maryland and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$14K
Average Grant
$13K
Largest Grant
$20K
Based on 4 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.
Krell Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in NY, MD, FL.
Krell Family Foundation Inc. has distributed a total of $366K across 37 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $4K to $18K.
Krell Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Krell Family Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara Krell | VICE PRESIDENT | $0 | $0 | N/A |
| Adam Krell | TREASURER | $0 | $0 | N/A |
| Jillian Diamant | SECRETARY | $0 | $0 | N/A |
| Justin Diamant | DIRECTOR | $0 | $0 | N/A |
| Jessica Krell | DIRECTOR | $0 | $0 | N/A |
| David Krell | PRESIDENT | $0 | $0 | N/A |
Total Giving
$157K
Total Assets
$2.4M
Fair Market Value
$2.4M
Net Worth
$2.4M
Grants Paid
$130K
Contributions
N/A
Net Investment Income
$28K
Distribution Amount
$116K
Total Grants
37
Total Giving
$366K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
14
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Central SyangogueGENERAL OPERATING | New York, NY | $18K | 2023 |
| Dutchess Day SchoolGENERAL OPERATING | Millbrook, NY | $15K | 2023 |
| Trinity Episcopal SchoolsGENERAL OPERATING | New York, NY | $15K | 2023 |
| City Harvest IncGENERAL OPERATING | New York, NY | $10K | 2023 |
| Congregation Emanuel Of The Hudson VGENERAL OPERATING | Kingston, NY | $10K | 2023 |
| HiasGENERAL OPERATING | Silver Spring, MD | $10K | 2023 |
| Baruch College FundGENERAL OPERATING | New York, NY | $10K | 2023 |
| Brownstone School And Daycare CenterGENERAL OPERATING | New York, NY | $10K | 2023 |
| Nyu Langone HealthGENERAL OPERATING | New York, NY | $10K | 2023 |
| Millbrook Arts Group IncGENERAL OPERATING | Millbrook, NY | $8K | 2023 |
| Millbrook Community Partnership IncGENERAL OPERATING | Millbrook, NY | $8K | 2023 |
| Uja-Federation Of NyGENERAL OPERATING | New York, NY | $4K | 2023 |
| The American Friends Of Rabin MedicalGENERAL OPERATING | New York, NY | $4K | 2023 |
| Volunteer Florida FoundationGENERAL OPERATING | Tallahassee, FL | $10K | 2022 |