AJ Koval Family Foundation

Private foundation · Grantmaker Las Vegas, NV EIN: 20-5585092

AJ Koval Family Foundation is a private foundation, based in Las Vegas, NV. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 6 grants totaling $53K. Net investment income was $59K.

AJ Koval Family Foundation at a glance

In short: AJ Koval Family Foundation gave $53K across 6 grants in 2025 (avg $9K), mostly in Nevada. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$52,500
-29.1% vs 2024
Grants made (2025)
6
-40.0% vs 2024
Average grant
$8,750
+18.2% vs 2024
Median grant
$5,000
Total assets
$1,305,593
+11.0% vs 2024
Primary geography
Nevada (81% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who AJ Koval Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Junior Achievement of Southern Nevada: $25KJunior Achievement of SouthernNevada$25KNevada Policy Research Institute: $10KNevada Policy ResearchInstitute$10KFrontier Philanthropy: $5KFrontier Philanthropy$5KTahoe Fund: $5KTahoe Fund$5KSOS Outreach: $5KSOS Outreach$5KCommunity Foundation: $3KCommunity Foundation$3K

The largest 2025 recipient was Junior Achievement of Southern Nevada ($25K). Together the top 6 received $53K.

Grant Size Distribution

48 grants across all recorded years

48<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 48 grants of 48 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

Las VegasRenoIncline VillageElkoTahoe CitySouth Lake TahoeBuffaloFlorenceNorth Las Vegas

How AJ Koval Family Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−12%). Method
  • In 2025 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K18 grants2019 10 grants2020 10 grants2021 14 grants2022 8 grants2023 10 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $35K (2023) to $74K (2024). In 2025 it made 6 grants totaling $53K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Junior Achievement of Southern Nevada Las Vegas, NVGeneral Operations$25,000
Nevada Policy Research Institute Las Vegas, NVGeneral Operations$10,000
Frontier Philanthropy Las Vegas, NVGeneral Operations$5,000
Tahoe Fund Tahoe City, CAGeneral Operations$5,000
SOS Outreach South Lake Tahoe, CAGeneral Operations$5,000
Community Foundation Reno, NVGeneral Operations$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,305,593$72,502$65,854$52,5006$52,500$59,148$59,838
2024$1,175,683$76,265$91,330$74,00010$74,000$58,935$56,850
2023$1,143,531$40,683$52,773$35,0008$35,000$22,910$52,873
2022$1,034,669$53,694$77,335$59,50014$59,500$38,618$54,008
2021$1,295,500$149,088$88,781$71,00010$71,000$131,307$60,612
2020$1,232,176$34,544$63,857$50,78010—$12,205$53,981
2019$1,137,025$60,671$56,389$48,82018—$53,102$52,202

Under IRS private-foundation payout rules, AJ Koval Family Foundation reported a distributable amount of $60K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

AJ Koval Family Foundation is led by Denise Koval Cashman, President & Trustee on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Denise Koval Cashman

    President & Trustee

    On filings since 2019

    1 hr/week

    $2K (2020) → $0 (2025)

  • Ali Cashman

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Amanda Koval

    Treasurer & Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Samantha Cashman Rayburn

    Secretary & Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Samantha Cashman (2019) — Trustee & Secretary

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Denise Koval Cashman — Trustee/President: $4KDenise Koval CashmanTrustee/President$4K

The highest reported compensation on the 2022 filing was $4K, to Denise Koval Cashman (Trustee/President).

Frequently asked questions about AJ Koval Family Foundation

How much does AJ Koval Family Foundation give each year?

AJ Koval Family Foundation gave $53K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $74K across 10 grants.

What is AJ Koval Family Foundation's typical grant size?

AJ Koval Family Foundation's median grant in 2025 was $5,000, and its average grant was $8,750, across 6 grants on its 2025 IRS Form 990-PF.

Where does AJ Koval Family Foundation give grants?

AJ Koval Family Foundation gives mostly in Nevada: 81% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (19%). The most frequent recipient cities were Las Vegas, NV (3 grants).

Does AJ Koval Family Foundation give general operating support?

Yes: 100% of AJ Koval Family Foundation's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are AJ Koval Family Foundation's largest grantees?

AJ Koval Family Foundation's largest 2025 grantees include Junior Achievement of Southern Nevada ($25,000), Nevada Policy Research Institute ($10,000) and Frontier Philanthropy ($5,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.

How large is AJ Koval Family Foundation?

AJ Koval Family Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $53K in qualifying distributions that year, against a required minimum of $60K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is AJ Koval Family Foundation's EIN?

AJ Koval Family Foundation's EIN (Employer Identification Number) is 20-5585092. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 19, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 12, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 19, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 11, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 3, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from AJ Koval Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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