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The Kangesser Foundation is a private corporation based in NEWTON, MA. The foundation received its IRS ruling in 1960. It holds total assets of $3.4M. Annual income is reported at $1M. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Ohio and Massachusetts. According to available records, The Kangesser Foundation has made 8 grants totaling $104K, with a median grant of $9K. Individual grants have ranged from $3K to $40K, with an average award of $13K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Ohio and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$25K
Largest Grant
$83K
Based on 7 grants from the most recent 990-PF filing.
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 Kangesser Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in OH, MA.
The Kangesser Foundation has distributed a total of $104K across 8 grants. The median grant size is $9K, with an average of $13K. Individual grants have ranged from $3K to $40K.
The Kangesser Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Kangesser Foundation is headquartered in NEWTON, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hedy Kangesser Adler | PRESIDENT/TREASURER | $0 | $0 | N/A |
| David F Adler | SECRETARY | $0 | $0 | N/A |
Total Giving
$135K
Total Assets
$3M
Fair Market Value
$3M
Net Worth
$3M
Grants Paid
$108K
Contributions
N/A
Net Investment Income
$64K
Distribution Amount
$140K
Total: $2.8M
Total Grants
8
Total Giving
$104K
Average Grant
$13K
Median Grant
$9K
Unique Recipients
8
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hathaway Brown SchoolCHARITABLE ANNUAL FUND AND BUILDING FUND GENERAL SUPPORT | Shaker Heights, OH | $40K | 2022 |
| Joseph And Florence Mandel Jewish Day SchoolCAPITAL FUND AND ANNUAL FUND SUPPORT | Beachwood, OH | $20K | 2022 |
| Combined Jewish Philanthropies Of Greater Boston IncGENERAL CHARITABLE SUPPORT | Boston, MA | $13K | 2022 |
| Jewish Family & Children'S ServicesGENERAL CHARITABLE SUPPORT | Waltham, MA | $10K | 2022 |
| Brigham And Women'S HospitalCHARITABLE, CARDIOVASCULAR MEDICINE SUPPORT | Boston, MA | $8K | 2022 |
| Hebrew Academy Of ClevelandSCHOLARSHIP FUND | Cleveland Heights, OH | $6K | 2022 |
| Jewish Federation Of ClevelandCHARITABLE CAMPAIGN FOR JEWISH NEEDS | Cleveland, OH | $5K | 2022 |
| Rabbinical College Of Telshe YeshivaCHARITABLE SUPPORT | Wickliffe, OH | $3K | 2022 |