Abraham J and Phyllis Katz Foundation

Foundation · Grantmaker Newnan, GA EIN: 11-6442077

The Abraham J and Phyllis Katz Foundation is a family foundation based in Newnan, Georgia, established in 1994. Originally founded in New York, the foundation has operated as a private grantmaking organization supporting nonprofits through philanthropic grants. The foundation operates with a small staff of 2 employees and is classified as a 501(c)(3) organization.

Key facts about Abraham J and Phyllis Katz Foundation

EIN
11-6442077
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$13,368,169
Grants made (2024)
44
Average grant
$303,822
Median grant
$154,616
New grantees (estimate)
0% first-time grantees (0 of 21, 2024)
Total assets
$23,947,471
Primary geography
Georgia (43% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Abraham J and Phyllis Katz Foundation funds

By grant dollars, the top recipient states for Abraham J and Phyllis Katz Foundation's 44 itemized 2024 grants were Georgia (43%), New York (39%) and Ohio (16%). The most frequent recipient cities were Atlanta, GA (31 grants), Cleveland, OH (5 grants) and Ithaca, NY (2 grants). 16% of grants with a stated purpose were for general or operating support.

Is Abraham J and Phyllis Katz Foundation open to new grantees?

0%

first-time grantees, 2024

In 2024, 0 of 21 grantees (0%) were first-time recipients. How we count

  • 100% of 2024 grantees were also funded in 2023. Method
  • Giving grew 107% from 2021 to 2024. Method
  • In 2024 it paid out 915% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$23.9M

-32.8% YoY

Annual Giving

$13.4M

+64.7% YoY

Grant Count

44

+4.8% YoY

Avg Grant Size

$304K

+57.2% YoY

Under IRS private-foundation payout rules, Abraham J and Phyllis Katz Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports young musicians in both performance and composition, and funds scientific and medical research. Medical research projects must be specifically related to the use of cord blood to promote wellness, prevent disease, or save lives. The foundation places particular emphasis on programs that benefit low-income and under-resourced populations.

Grantmaking

The foundation has been active in making substantial grants to support its mission areas. Recent grants include:

Grant Range

s have ranged from hundreds of thousands to over one million dollars.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Georgia, with a notable concentration in the Atlanta area and surrounding regions.

Grant Distribution by State

7states

Share of all 44 itemized 2024 grant dollars.

Cities

AtlantaClevelandGloucesterIthacaPelhamSomervilleNewnanStudio CityValley CottageDecaturMiltonBeverlyNyWestchester

Financial History

Multi-year comparison from IRS filings

As of fiscal year 2023:

  • Total Assets: $35,638,864
  • Total Revenues: $2,159,476
  • Total Expenses: $8,478,426
  • Staff: 2 employees

The foundation's expenses in 2023 exceeded revenues, reflecting significant grant distributions during that year.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$12M$15M20202021202220232024
Metric202420232022
Total Assets$23,947,471$35,638,864$41,957,814
Revenue$2,326,183$2,159,476$4,143,354
Expenses$14,017,576$8,478,426$7,844,984
Qualifying Distributions$13,684,507$8,415,608$7,753,807
Net Investment Income$2,252,717$2,043,125$4,072,985
Distributable Amount$1,496,389$1,741,435$2,028,673

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$7M$10M$13M35 grants202042 grants202140 grants202242 grants202344 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cornell University: $5.3M across 2 grantsCornell University$5.3M · 2 grantsCleveland Cord Blood Center: $2.1M across 5 grantsCleveland Cord Blood Center$2.1M · 5 grantsChildren's Healthcare of Atlanta: $1.9M across 5 grantsChildren's Healthcare ofAtlanta$1.9M · 5 grantsEmory University: $1.7M across 10 grantsEmory University$1.7M · 10 grantsAtlanta Speech School: $339KAtlanta Speech School$339KVi and Milton Weinstein Hospice: $300KVi and Milton WeinsteinHospice$300KTurningPoint Breast Cancer Rehabilitation: $250KTurningPoint Breast CancerRehabilitation$250KTheatrical Outfit: $200KTheatrical Outfit$200KWoodruff Arts Center: $183KWoodruff Arts Center$183KCamp Twin Lakes: $160KCamp Twin Lakes$160K

Grant Size Distribution

203 grants across all recorded years

32<$50K41$50–100K71$100–250K47$250–500K8$500K–1M3$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Cornell University ($5,250,000 across 2 grants), Cleveland Cord Blood Center ($2,073,340 across 5 grants), Children's Healthcare of Atlanta ($1,918,112 across 5 grants).

RecipientPurposeAmount
Cornell University Ithaca, NYCenter for Keyboard Studies endowment$5,000,000
Children's Healthcare of Atlanta Atlanta, GAResearch: Sickle Cell Disease Healthy Lives Program$1,000,000
Cleveland Cord Blood Center Cleveland, OHGeneral operating support$1,000,000
Children's Healthcare of Atlanta Atlanta, GAResearch: Sickle Cell Disease Health Services and Outcomes$422,380
Cleveland Cord Blood Center Cleveland, OHCord blood collection program, Piedmont Atlanta Hospital$350,000
Atlanta Speech School Atlanta, GAScience of Reading Project$339,000
Vi and Milton Weinstein Hospice Atlanta, GAHospice and palliative care programs, staffing$300,000
Children's Healthcare of Atlanta Atlanta, GAResearch: Sickle Cell Disease$293,522
Cleveland Cord Blood Center Cleveland, OHNational Cord Blood Transplant Network participating centers support$280,000
Cleveland Cord Blood Center Cleveland, OHCord blood collection program, Emory University Hospital Midtown$250,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Alexander S KatzTrustee10—
David KatzTrustee10—
Ellen B DoftTrustee10—
David Katz-DoftTrustee10—

Recent Activity

Recent developments and announcements

2023

The foundation concluded operations after 30 years of impactful philanthropy, with its most recent tax filing dated December 1, 2023. This represents a significant transition for the organization after nearly three decades of grantmaking activity.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Abraham J and Phyllis Katz Foundation fund?

The foundation supports young musicians in both performance and composition, and funds scientific and medical research. Medical research projects must be specifically related to the use of cord blood to promote wellness, prevent disease, or save lives. The foundation places particular emphasis on programs that benefit low-income and under-resourced populations.

How do I apply for a grant from Abraham J and Phyllis Katz Foundation?

The foundation has been active in making substantial grants to support its mission areas. Recent grants include: • Cleveland Cord Blood Center (CCBC) - $1,000,000 for Cord Blood Collection Program at Piedmont Atlanta Hospital (2023) • Cleveland Cord Blood Center (CCBC) - $386,660 for Cord Blood Collection Program at Emory University Hospital Midtown (2023) • Vi and Milton Weinstein Hospice - $450,000 for Hospice and Palliative Care Programs and Staffing (2023) In 2023, the foundation made 34 gr…

Where does Abraham J and Phyllis Katz Foundation make grants?

The foundation primarily funds organizations in Georgia, with a notable concentration in the Atlanta area and surrounding regions.

What size grants does Abraham J and Phyllis Katz Foundation award?

In 2024, Abraham J and Phyllis Katz Foundation awarded 44 grants totaling $13.4M — an average of about $304K per grant, based on its IRS Form 990 filings.

How much is Abraham J and Phyllis Katz Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Abraham J and Phyllis Katz Foundation reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Abraham J and Phyllis Katz Foundation's EIN?

Abraham J and Phyllis Katz Foundation's EIN (Employer Identification Number) is 11-6442077. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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