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Rimon Foundation is a private corporation based in ENCINO, CA. The foundation received its IRS ruling in 2010. The principal officer is % Ezra & Lauren Kest. It holds total assets of $6.2M. Annual income is reported at $3.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rimon Foundation has made 6 grants totaling $9.9M, with a median grant of $2.1M. The foundation has distributed between $2M and $5.5M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $5.5M distributed across 4 grants. Individual grants have ranged from $500K to $2.4M, with an average award of $1.7M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Rimon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CA.
Rimon Foundation has distributed a total of $9.9M across 6 grants. The median grant size is $2.1M, with an average of $1.7M. Individual grants have ranged from $500K to $2.4M.
Rimon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rimon Foundation is headquartered in ENCINO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ezra Kest | PRESIDENT | $0 | $0 | $0 |
| Lauren Kest | SECRETARY | $0 | $0 | $0 |
Total Giving
$2.2M
Total Assets
$6.8M
Fair Market Value
$6.8M
Net Worth
$6.7M
Grants Paid
$2M
Contributions
$881K
Net Investment Income
$785K
Distribution Amount
$290K
Total: $3.6M
Total Grants
6
Total Giving
$9.9M
Average Grant
$1.7M
Median Grant
$2.1M
Unique Recipients
2
Most Common Grant
$500K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jewish Community FoundationPUBLIC SUPPORT OF ORGANIZATION MISSION | Los Angeles, CA | $2M | 2023 |
| Merkaz Hatorah Community Kollelto support the advance study of the talmud and jewish law by torah scholars | Beverly Hills, CA | $500K | 2022 |
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