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Kresa Family Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2005. The principal officer is % Kiren Kresa-Reahl. It holds total assets of $14.3M. Annual income is reported at $8.7M. According to available records, Kresa Family Foundation has made 36 grants totaling $3.3M, with a median grant of $20K. The foundation has distributed between $697K and $1.3M annually from 2020 to 2022. Individual grants have ranged from $1K to $556K, with an average award of $91K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in California, Massachusetts, Oregon, which account for 86% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Kresa Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in CA, MA, OR.
Kresa Family Foundation has distributed a total of $3.3M across 36 grants. The median grant size is $20K, with an average of $91K. Individual grants have ranged from $1K to $556K.
Kresa Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kresa Family Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr Kiren Kresa-Reahl Md | SECRETARY | $0 | $0 | $0 |
| Kent Kresa | PRESIDENT | $0 | $0 | $0 |
Total Giving
$799K
Total Assets
$11.1M
Fair Market Value
$11.9M
Net Worth
$11.1M
Grants Paid
$688K
Contributions
$0
Net Investment Income
$646K
Distribution Amount
$573K
Total: $1000K
Total Grants
36
Total Giving
$3.3M
Average Grant
$91K
Median Grant
$20K
Unique Recipients
20
Most Common Grant
$240K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| California Institute OfUNRESTRICTED GENERAL | Pasadena, CA | $556K | 2020 |
| California Institute Of TechnologyCENTER FOR AUTONOMOUS | Pasadena, CA | $253K | 2022 |
| Massachusetts Institute Of TechnologyUNRESTRICTED GENERAL | Boston, MA | $240K | 2022 |
| Wellesley CollegeUNRESTRICTED GENERAL | Wellesley, MA | $92K | 2022 |
| Petersen Automotive Museum FdnUNRESTRICTED GENERAL | Los Angeles, CA |
| 2018 | 990PF | View |
| $30K |
| 2022 |
| Los Angeles Opera CompanyUNRESTRICTED GENERAL | Los Angeles, CA | $11K | 2022 |
| Pacific Council On International PolicyUNRESTRICTED GENERAL | Los Angeles, CA | $11K | 2022 |
| Regents University Of California - LaUNRESTRICTED GENERAL | Los Angeles, CA | $9K | 2022 |
| Steamboat InstituteUNRESTRICTED GENERAL | Steamboat Springs, CO | $5K | 2022 |
| Prager University FoundationUNRESTRICTED GENERAL | Sherman Oaks, CA | $100K | 2021 |
| Western Museum Of FlightUNRESTRICTED GENERAL | Torrance, CA | $10K | 2021 |
| Boys & Girls Clubs Of Puerto RicoUNRESTRICTED GENERAL | San Juan, PR | $5K | 2021 |
| Connecting Cultures Mobile MuseumUNRESTRICTED GENERAL | Los Angeles, CA | $1K | 2021 |
| Booth-Kresa Leadership Chair CitCENTER FOR AUTONOMOUS | Pasadena, CA | $240K | 2020 |
| Providence St Vincent Medical FdnUNRESTRICTED GENERAL | Portland, OR | $70K | 2020 |
| Herbie Hancock Institute Of JazzUNRESTRICTED GENERAL | Washington, DC | $25K | 2020 |
| Unicef UsaUNRESTRICTED GENERAL | New York, NY | $13K | 2020 |
| United Friends Of The ChildrenUNRESTRICTED GENERAL | Los Angeles, CA | $13K | 2020 |
| La Master ChoraleUNRESTRICTED GENERAL | Los Angeles, CA | $5K | 2020 |
| Connecting Cultures Mobil MuseumUNRESTRICTED GENERAL | Los Angeles, CA | $1K | 2020 |
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