Karfunkel Family Foundation
Karfunkel Family Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $20.3M in total assets. In 2025, it awarded 2 grants totaling $1.1M. Net investment income was $1.5M.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$20.3M
+2.3% YoY
Annual Giving
$1.1M
+10.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$525K
+10.5% YoY
Under IRS private-foundation payout rules, Karfunkel Family Foundation reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.
About Karfunkel Family Foundation
Based on IRS filings
Karfunkel Family Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $20.3M in total assets. In 2025, it awarded 2 grants totaling $1.1M. Net investment income was $1.5M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $20,322,403 | $19,859,876 | $19,753,319 |
| Revenue | $1,528,294 | $1,079,397 | $945,501 |
| Expenses | $1,050,767 | $960,840 | $1,010,877 |
| Qualifying Distributions | $1,050,000 | $950,000 | $1,000,000 |
| Net Investment Income | $1,527,527 | $1,068,557 | $934,624 |
| Distributable Amount | $1,112,782 | $1,052,338 | $1,020,808 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Cong Gevurah ($525,000), Cong Chemdas Yisroel ($525,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONG GEVURAH NEW YORK, NY | AMOUNTS ARE GIVEN TO COVER OPERATING EXPENSES FOR SCHOOLS AND SYNAGOGUES AS WELL AS EDUCATIONAL SCHOLARSHIPS AND ASSISTANCE TO THE NEEDY. | $525,000 |
| CONG CHEMDAS YISROEL NEW YORK, NY | AMOUNTS ARE GIVEN TO COVER OPERATING EXPENSES FOR SCHOOLS AND SYNAGOGUES AS WELL AS EDUCATIONAL SCHOLARSHIPS AND ASSISTANCE TO THE NEEDY. | $525,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE KARFUNKEL | Trustee | — | — |
| HENRY REINHOLD | Trustee | — | — |
Frequently Asked Questions
How large is Karfunkel Family Foundation?
As of 2025, Karfunkel Family Foundation holds $20.3M in total assets with $1.5M in annual revenue. It awarded 2 grants totaling $1.1M in 2025.
Where does Karfunkel Family Foundation operate?
Karfunkel Family Foundation has awarded grants in New York.
What size grants does Karfunkel Family Foundation award?
In 2025, Karfunkel Family Foundation awarded 2 grants totaling $1.1M — an average of about $525K per grant, based on its IRS Form 990 filings.
How much is Karfunkel Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Karfunkel Family Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karfunkel Family Foundation's EIN?
Karfunkel Family Foundation's EIN (Employer Identification Number) is 11-6405368. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Karfunkel Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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