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The Krasne Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1948. It holds total assets of $2.6M. Annual income is reported at $149K. Total assets have grown from $2.8M in 2011 to $3.5M in 2023. The foundation is governed by 5 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. Grantmaking is concentrated in New York. According to available records, The Krasne Foundation Inc. has made 27 grants totaling $2.7M, with a median grant of $50K. Annual giving has grown from $347K in 2020 to $1.4M in 2023. Individual grants have ranged from $1K to $850K, with an average award of $101K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New York, Connecticut, Virginia, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$30K
Average Grant
$32K
Largest Grant
$100K
Based on 11 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 Krasne Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in NY, CT, VA.
The Krasne Foundation Inc. has distributed a total of $2.7M across 27 grants. The median grant size is $50K, with an average of $101K. Individual grants have ranged from $1K to $850K.
The Krasne Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Krasne Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kim Krasne Bacon | DIRECTOR | $0 | $0 | N/A |
| Thatcher Krasne | TREASURER | $0 | $0 | N/A |
| Kenneth Krasne | VICE PRESIDENT/SECRETARY | $0 | $0 | N/A |
| Steven Loeb Esq | DIRECTOR | $0 | $0 | N/A |
| Charles A Krasne | PRESIDENT | $0 | $0 | N/A |
Total Giving
$1.4M
Total Assets
$3.5M
Fair Market Value
$3.5M
Net Worth
$3.5M
Grants Paid
$1.4M
Contributions
$1M
Net Investment Income
$167K
Distribution Amount
$155K
Total Grants
27
Total Giving
$2.7M
Average Grant
$101K
Median Grant
$50K
Unique Recipients
13
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United WayGENERAL UNRESTRICTED | Alexandria, VA | $3K | 2020 |
| Weill Cornell Medical CollegeGENERAL UNRESTRICTED | New York, NY | $850K | 2023 |
| Nyu Langone Medical CenterGENERAL UNRESTRICTED | New York, NY | $250K | 2023 |
| Harvey SchoolGENERAL UNRESTRICTED | Katonah, NY | $150K | 2023 |
| Montefiore Nyack FoundationGENERAL UNRESTRICTED | Nyack, NY | $100K | 2023 |
| Montauk Playhouse Community Center Foundation IncGENERAL UNRESTRICTED | Montauk, NY | $50K | 2023 |
| National Committee For The Furtherance Of Jewish EducationGENERAL UNRESTRICTED | Brooklyn, NY | $35K | 2023 |
| Yale Alumni FundGENERAL UNRESTRICTED | New Haven, CT | $40K | 2020 |
| United Jewish Appeal FederationGENERAL UNRESTRICTED | New York, NY | $35K | 2020 |
| CaringkindGENERAL UNRESTRICTED | New York, NY | $20K | 2020 |
| Hospital For Special SurgeryGENERAL UNRESTRICTED | New York, NY | $15K | 2020 |
| National Jewish Medical & ResearchGENERAL UNRESTRICTED | Denver, CO | $3K | 2020 |
| Simon Wiesenthal CenterGENERAL UNRESTRICTED | Los Angeles, CA | $1K | 2020 |