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Krone Foundation Inc. is a private corporation based in ALBANY, NY. The foundation received its IRS ruling in 2007. The principal officer is % Goldman Sachs Ayco. It holds total assets of $5.3M. Annual income is reported at $4.2M. THE FOUNDATION IS NOT INVOLVED IN ANY CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER IRC SEC. 501(C)(3). According to available records, Krone Foundation Inc. has made 16 grants totaling $185K, with a median grant of $5K. The foundation has distributed between $50K and $70K annually from 2021 to 2023. Individual grants have ranged from $5K to $65K, with an average award of $12K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Maryland, which account for 81% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION IS NOT INVOLVED IN ANY CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER IRC SEC. 501(C)(3).
THE FOUNDATION IS NOT INVOLVED IN ANY CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER IRC SEC. 501(C)(3). Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NY, DC, MD.
Krone Foundation Inc. has distributed a total of $185K across 16 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $5K to $65K.
Krone Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Krone Foundation Inc. is headquartered in ALBANY, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roger A Krone | PRESIDENT/Director | $0 | $0 | $0 |
| Helen B Krone | SEC/Treas/Director | $0 | $0 | $0 |
Total Giving
$89K
Total Assets
$3.8M
Fair Market Value
$4.6M
Net Worth
$3.8M
Grants Paid
$70K
Contributions
$500K
Net Investment Income
$402K
Distribution Amount
$185K
Total Grants
16
Total Giving
$185K
Average Grant
$12K
Median Grant
$5K
Unique Recipients
9
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Smithsonian Institution (Natl Air & Space Museum)general | Washington, DC | $25K | 2023 |
| Haiti Reforestation Partnershipgeneral | Charlottesville, VA | $10K | 2023 |
| Mountain Retreat AssociationGeneral | Montreat, NC | $10K | 2023 |
| Capital Area Food BankGeneral | Washington, DC | $10K | 2023 |
| Los Angeles Regional Food BankGeneral | Los Angeles, CA | $5K | 2023 |
| Dc ScoresGeneral | Washington, DC | $5K | 2023 |
| The Light HouseGeneral | Annapolis, MD | $5K | 2023 |
| Prospect Park AllianceGeneral | Brooklyn, NY | $5K | 2022 |
| See Attached ListFor General Charitable Purposes | Albany, NY | $65K | 2021 |
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