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Kumin Foundation is a private trust based in ANCHORAGE, AK. The foundation received its IRS ruling in 2006. The principal officer is Linda Kumin. It holds total assets of $733K. Annual income is reported at $93K. Total assets have grown from $305K in 2011 to $685K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, Kumin Foundation has made 14 grants totaling $93K, with a median grant of $5K. Annual giving has grown from $28K in 2021 to $65K in 2022. Individual grants have ranged from $165 to $25K, with an average award of $7K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Alaska. Contributions to this foundation are tax-deductible.
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.
Kumin Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in AK.
Kumin Foundation has distributed a total of $93K across 14 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $165 to $25K.
The application deadline is NOVEMBER 15TH DEALINE FOR PROPOSALS DECEMBER 30TH APPROVED GRANTS AWARDED JUNE 30TH HALF-YEAR BUDGET. The kumin foundation seeks to perpetuate and build on the passions of its founders, with a strong emphasis on alaska. Areas of interest include the visual arts, music (classical, opera and jazz), education and literacy, wetlands, architecture, rural/urban issues, sailing, cross-country skiing and trails for recreation, homelessness and recognition of the innate dignity and humanity of every person. The kumin foundation encourages proposals that reflect synergy, activism and energy. Proposals need to be thoughtful, mindful of the budget, integrate with the goals of your organization and reflect their impact on the organization and the community. We are also interested in any leverage on other funds this grant will provide your organization. The kumin foundation seeks to create opportunities for organizational risk taking, cohesion and expression of cultures and interweaving arts, education, service and recreation. The foundation may provide funding for up to three years for integrative.
Kumin Foundation is headquartered in ANCHORAGE, AK.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bram Wiley | TRUSTEE | $0 | $0 | N/A |
| Elizabeth Kumin | TRUSTEE | $0 | $0 | N/A |
| Leah Kumin | TRUSTEE | $0 | $0 | N/A |
| Linda Kumin | TRUSTEE | $0 | $0 | N/A |
| James Kumin | TRUSTEE | $0 | $0 | N/A |
Total Giving
$9K
Total Assets
$685K
Fair Market Value
$685K
Net Worth
$685K
Grants Paid
N/A
Contributions
$1K
Net Investment Income
$2K
Distribution Amount
$14K
Total: N/A
Total Grants
14
Total Giving
$93K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
9
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Anchorage Opera CompanyOPERATIONAL COSTS | Anchorage, AK | $25K | 2022 |
| Catholic Social Services RaisREFUGEE ASSIST & IMMIGRATION SERVICE | Anchorage, AK | $6K | 2022 |
| Anchorage Park FoundationIMPROVING TRAILS & PARKS | Anchorage, AK | $1K | 2022 |
| Alaska Sealife CenterOPERATIONAL COSTS | Seward, AK | $165 | 2022 |
| Katmai ConservancyOPERATIONAL COSTS | Anchorage, AK | $165 | 2022 |
| Sitka Summer Musical FestivalSTEVENSON HALL CAMPAIGN | Sitka, AK | $10K | 2021 |
| Anchorage Library FoundationONLINE RESOURCES | Anchorage, AK | $8K | 2021 |
| Nordic Skiing AssociationTRAIL MAINTENANCE | Anchorage, AK | $5K | 2021 |
| Alaska Center For Performing ArtsOPERATING COSTS | Anchorage, AK | $5K | 2021 |