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The Margaret And Jennifer Kress Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2005. The principal officer is Foundation Source. It holds total assets of $1.4M. Annual income is reported at $534K. Total assets have grown from $211K in 2011 to $1.4M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. 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 California. According to available records, The Margaret And Jennifer Kress Foundation Inc. has made 58 grants totaling $242K, with a median grant of $5K. Annual giving has grown from $69K in 2020 to $173K in 2022. Individual grants have ranged from $1K to $10K, with an average award of $4K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in California, New York, Virginia, which account for 71% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$4K
Largest Grant
$10K
Based on 21 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 Margaret And Jennifer Kress Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 58 grants. Its grantmaking reaches organizations primarily in CA, NY, VA.
The Margaret And Jennifer Kress Foundation Inc. has distributed a total of $242K across 58 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $1K to $10K.
The Margaret And Jennifer Kress Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Margaret And Jennifer Kress Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer Kress | VP | $0 | $0 | N/A |
| Margaret M Kress | Pres, Dir, Sec | $0 | $0 | N/A |
Total Giving
$89K
Total Assets
$1.4M
Fair Market Value
$1.7M
Net Worth
$1.4M
Grants Paid
$78K
Contributions
N/A
Net Investment Income
$89K
Distribution Amount
$82K
Total: $1.2M
Total Grants
58
Total Giving
$242K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
25
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Givedirectly IncGeneral & Unrestricted | New York, NY | $10K | 2022 |
| American Civil Liberties Union Foundation IncGeneral & Unrestricted | Beaverton, OR | $5K | 2022 |
| Friends Of The World Food Program IncSomalia | Washington, DC | $5K | 2022 |
| Redwood Empire Food BankGeneral & Unrestricted | Santa Rosa, CA | $5K | 2022 |
| Great Aspirations Scholarship Program IncGeneral & Unrestricted | Richmond, VA | $5K | 2022 |
| Together RisingGeneral & Unrestricted | Falls Church, VA | $5K | 2022 |
| National Network To End Domestic Violence IncGeneral & Unrestricted | Washington, DC | $5K | 2022 |
| Save The Children Federation IncFor Ukrainian Children | Fairfield, CT | $5K | 2022 |
| AlightFor Ukraine | Minneapolis, MN | $5K | 2022 |
| Bird Rescue CenterGeneral & Unrestricted | Santa Rosa, CA | $5K | 2022 |
| A New Way Of Life Reentry ProjectGeneral & Unrestricted | Los Angeles, CA | $5K | 2022 |
| Russian RiverkeeperGeneral & Unrestricted | Healdsburg, CA | $4K | 2022 |
| Sonoma Land TrustGeneral & Unrestricted | Santa Rosa, CA | $4K | 2022 |
| One Simple WishGeneral & Unrestricted | Trenton, NJ | $3K | 2022 |
| Scopa Has A Dream IncGeneral & Unrestricted | Healdsburg, CA | $3K | 2022 |
| Petaluma People Service CenterGeneral & Unrestricted | Petaluma, CA | $3K | 2022 |
| Healdsburg Education FoundationGeneral & Unrestricted | Healdsburg, CA | $3K | 2022 |
| Loyola Marymount University - Loyola Law SchoolJuvenile Innocence and Fair Sentencing Clinic | Los Angeles, CA | $3K | 2022 |
| Coalition For Rainforest Nations SecretariatGeneral & Unrestricted | New York, NY | $3K | 2022 |
| Santa Fe Raptor CenterGeneral & Unrestricted | Santa Fe, NM | $2K | 2022 |
| Girls On The Run Sonoma CountyGeneral & Unrestricted | Santa Rosa, CA | $2K | 2022 |
| Equal Justice InitiativeGeneral & Unrestricted | Montgomery, AL | $10K | 2020 |
| Camfed U S A FoundationGeneral & Unrestricted | San Francisco, CA | $5K | 2020 |
| Natural Resources Defense Council IncGeneral & Unrestricted | New York, NY | $5K | 2020 |