K Kovshevych Foundation Inc
K Kovshevych Foundation Inc is a private foundation, based in Mountainside, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grant totaling $42K. Net investment income was $110K.
K Kovshevych Foundation Inc at a glance
In short: K Kovshevych Foundation Inc gave $42K across 1 grant in 2024 (avg $42K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $42,082
- +121.5% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $42,082
- +121.5% vs 2023
- Median grant
- $42,082
- Total assets
- $1,171,504
- +7.0% vs 2023
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who K Kovshevych Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was University Students ($42K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How K Kovshevych Foundation Inc gives
- Giving fell 54% from 2021 to 2024. Method
- In 2024 it paid out 80% 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
From 2020 to 2024, annual grant giving ranged from $19K (2023) to $91K (2021). In 2024 it made 1 grant totaling $42K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University Students Mountainside, NJ | Scholarship awards granted to qualified students at ukraine university meeting strict academic guidelines. | $42,082 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,171,504 | $119,159 | $42,594 | $42,082 | 1 | $42,082 | $109,647 | $52,745 |
| 2023 | $1,094,939 | $66,675 | $22,869 | $19,000 | 1 | $19,000 | $66,671 | $50,865 |
| 2022 | $1,040,027 | $-70,916 | $34,601 | $28,930 | 1 | $28,930 | $9,839 | $49,254 |
| 2021 | $1,168,053 | $144,348 | $95,622 | $90,607 | 1 | — | $144,333 | $55,515 |
| 2020 | $1,119,327 | $232,882 | $35,574 | $35,500 | 1 | — | $231,508 | $45,747 |
Under IRS private-foundation payout rules, K Kovshevych Foundation Inc reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
K Kovshevych Foundation Inc is led by Christine K. Durbak, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Christine K. Durbak
President
On filings since 2020
10 hrs/week
No compensation reported
Arnaud Lafleche
Treasurer
Tresurer → Treasurer, 2023
On filings since 2020
2 hrs/week
No compensation reported
Claudia M. Strauss
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Roland A. Desilva
Vice President
On filings since 2023
2 hrs/week
No compensation reported
Former officers (1)
- Former: Roland A. Desliva (2020–2022) — Vice President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about K Kovshevych Foundation Inc
How much does K Kovshevych Foundation Inc give each year?
K Kovshevych Foundation Inc gave $42K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 1 grant.
How large is K Kovshevych Foundation Inc?
K Kovshevych Foundation Inc reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $42K in qualifying distributions that year, against a required minimum of $53K (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.
Where does K Kovshevych Foundation Inc operate?
K Kovshevych Foundation Inc has awarded grants in New Jersey.
What is K Kovshevych Foundation Inc's EIN?
K Kovshevych Foundation Inc's EIN (Employer Identification Number) is 22-3695851. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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