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The Kat Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1995. The principal officer is Ernst & Young Llp. It holds total assets of $16M. Annual income is reported at $792K. Total assets have grown from $13.6M in 2010 to $17.7M in 2022. The foundation is governed by 2 officers and trustees. Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under internal. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, The Kat Foundation has made 5 grants totaling $5.1M, with a median grant of $1M. The foundation has distributed between $963K and $2.1M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.1M distributed across 2 grants. Individual grants have ranged from $963K to $1M, with an average award of $1M. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under internal
Revenue code section 501(c)(3).
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under internal. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NY.
The Kat Foundation has distributed a total of $5.1M across 5 grants. The median grant size is $1M, with an average of $1M. Individual grants have ranged from $963K to $1M.
The Kat Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Kat Foundation is headquartered in NEW YORK, NY.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George W Wellde Jr | TRUSTEE | $0 | $0 | N/A |
| Patricia A Wellde | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$17.7M
Fair Market Value
$17M
Net Worth
$17.6M
Grants Paid
$1M
Contributions
$612K
Net Investment Income
$2.4M
Distribution Amount
$816K
Total Grants
5
Total Giving
$5.1M
Average Grant
$1M
Median Grant
$1M
Unique Recipients
1
Most Common Grant
$1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ListGENERAL CHARITABLE PURPOSES | New York, NY | $1M | 2023 |