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The Arthur Kontos Foundation Inc. is a private corporation based in VERO BEACH, FL. The foundation received its IRS ruling in 1986. The principal officer is Arthur Kontos. It holds total assets of $5.5M. Annual income is reported at $1.4M. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, The Arthur Kontos Foundation Inc. has made 3 grants totaling $1.1M, with a median grant of $315K. Annual giving has decreased from $630K in 2022 to $452K in 2023. Individual grants have ranged from $315K to $452K, with an average award of $361K. Grant recipients are concentrated in New York. 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.
The Arthur Kontos Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY.
The Arthur Kontos Foundation Inc. has distributed a total of $1.1M across 3 grants. The median grant size is $315K, with an average of $361K. Individual grants have ranged from $315K to $452K.
The Arthur Kontos Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Arthur Kontos Foundation Inc. is headquartered in VERO BEACH, FL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James Kontos | PRESIDENT | $0 | $0 | N/A |
| Arthur Kontos | VICE PRES/SECRETARY | $0 | $0 | N/A |
| Michael Kontos | VICE PRES/TREASURER | $0 | $0 | N/A |
Total Giving
$462K
Total Assets
$5.8M
Fair Market Value
$5.6M
Net Worth
$5.8M
Grants Paid
$452K
Contributions
N/A
Net Investment Income
$193K
Distribution Amount
$285K
Total: $5.3M
Total Grants
3
Total Giving
$1.1M
Average Grant
$361K
Median Grant
$315K
Unique Recipients
1
Most Common Grant
$315K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Schedule 3THE PURPOSE OF THE CONTRIBUTIONS IS TO AID EACH DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | New York, NY | $452K | 2023 |