1011 Foundation Inc
1011 Foundation Inc is a private foundation based in Santa Monica, California, established in 2001. The foundation was created by Rich Kruger and his wife, Jennifer Carter Kruger, with the goal of bringing together individuals passionate about making positive changes both locally and globally. As an endowment-based entity, the foundation relies primarily on investment returns rather than donor contributions to fund its charitable activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$71.7M
+0.8% YoY
Annual Giving
$3.2M
+113.8% YoY
Grant Count
37
+48.0% YoY
Avg Grant Size
$87K
+44.4% YoY
Under IRS private-foundation payout rules, 1011 Foundation Inc reported a distributable amount of $3.5M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's stated mission focuses on "transforming lives through impact" by "spreading kindness and changing the world." The foundation has particular emphasis on inspiring and empowering young minorities to venture into the fields of technology or law.
Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science and STEM Education
Grantmaking
The foundation does not operate formal grant programs with application cycles.
Grant Range
$1,000 - $333,000
Invitation Only
** The foundation operates on an invitation-only basis and does not accept unsolicited applications for funds. Grants are awarded at the discretion of the trustees to preselected organizations.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- California
- New York
- North Carolina
- Florida
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $71,650,571 (as of 2024)
Annual Giving:
- 2024: $3,220,195
- 2023: $1,506,372
Revenue (2023):
- Total revenues: $36,862,105
- Investment income and dividends: $1,438,387
- Total expenses: $1,652,023
Staffing: 0 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $71,650,571 | $71,073,222 | $63,646,656 |
| Revenue | $3,552,171 | $36,862,105 | $397,262 |
| Expenses | $3,978,888 | $1,652,023 | $9,920,420 |
| Qualifying Distributions | $3,248,131 | $1,510,713 | $9,843,156 |
| Net Investment Income | $3,356,414 | $36,740,034 | $513,027 |
| Distributable Amount | $3,539,163 | $2,827,483 | $3,363,025 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
142 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Milken Institute ($333,000), America-israel Democracy Coalitiion ($250,000), New Civil Liberties Alliance ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICA-ISRAEL DEMOCRACY COALITIION BRYN MAWR, PA | TO STRENGTHEN AND PRESERVE THE DEMOCRATIC FOUNDATIONS OF THE STATE OF ISRAEL. | $250,000 |
| ANTI-DEFAMATION LEAGUE NEW YORK, NY | TO ADVOCATE CIVIL RIGHTS AND COMBAT ANTISEMITISM. | $100,000 |
| BEST BUDDIES INTERNATIONAL INC MIAMI, FL | TO CREATE OPPORTUNITIES FOR PEOPLE WITH DISABILITIES | $10,000 |
| BEVERLY HILLS POLICE DEPARTMENT BEVERLY HILLS, CA | TO ENRICH THE COMMUNITY WITH ACTIVITIES AND TO ENHANCE POLICE SERVICES. | $50,000 |
| BND USA FOUNDATION MIAMI, FL | TO PROMOTE THE HEALTH, EDUCATION, AND WELFARE OF HAITIAN POPULACE | $144,282 |
| BODY TRAFFIC LOS ANGELES, CA | TO PROMOTE THE ART OF DANCE AND SUPPORT PERFORMANCES. | $20,000 |
| BOYS AND GIRLS CLUB OF HOLLYWOOD LOS ANGELES, CA | TO SUPPORT YOUTH DEVELOPMENT AND EMPOWERMENT PROGRAMS. | $10,299 |
| BREAST CANCER RESEARCH FOUNDATION NEW YORK, NY | TO SUPPORT MEDICAL RESEARCH AND PROGRAMS | $25,000 |
| CATCH A LIFT FUND LUTHERVILLE, MD | TO SUPPORT REHIBILIATION SERVICES FOR INJURED VETERANS. | $25,000 |
| CEDARS SINAI MEDICAL CENTER LOS ANGELES, CA | TO SUPPORT MEDICAL RESEARCH AND PROGRAMS | $100,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
President: Robert Kotick, former CEO of Activision Blizzard and co-founder of the Call of Duty Endowment
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT KOTICK | PRESIDENT & DIRECTOR | 5 | — |
| JUDITH HANS | VICE PRESIDENT & DIRECTOR | 5 | — |
| DEBORAH GRUBER | SECRETARY & TREASURER | 5 | — |
Contact Information
Address: 3435 Ocean Park Blvd 107 PMB K, Santa Monica, CA 90405
Website: https://1011foundation.org/
EIN: 91-2168491
Tax-Exempt Status: 501(c)(3), tax-exempt since June 2001
Frequently Asked Questions
What does 1011 Foundation Inc fund?
The foundation's stated mission focuses on "transforming lives through impact" by "spreading kindness and changing the world." The foundation has particular emphasis on inspiring and empowering young minorities to venture into the fields of technology or law. Primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science and STEM Education
How do I apply for a grant from 1011 Foundation Inc?
**Application Process:** The foundation operates on an invitation-only basis and does not accept unsolicited applications for funds. Grants are awarded at the discretion of the trustees to preselected organizations. **Grant Activity:** • 2023: 25 grants totaling $1,506,372 • Grant range: $1,000 - $333,000 • Median grant: $25,000 **Recent Grant Examples (2023):** • The Milken Institute: $333,000 (to advance solutions focusing on financial, physical, mental, and environmental health) • Los Angele…
Where does 1011 Foundation Inc make grants?
The foundation primarily funds organizations in: • California • New York • North Carolina • Florida
What size grants does 1011 Foundation Inc award?
In 2024, 1011 Foundation Inc awarded 37 grants totaling $3.2M — an average of about $87K per grant, based on its IRS Form 990 filings.
How much is 1011 Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, 1011 Foundation Inc reported a distributable amount of $3.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is 1011 Foundation Inc's EIN?
1011 Foundation Inc's EIN (Employer Identification Number) is 91-2168491. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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