Kasnet Family Foundation
Kasnet Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANCHESTERBYTHESEA, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $77K in total assets. In 2024, it awarded 18 grants totaling $15K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$77K
-14.8% YoY
Annual Giving
$15K
+894.0% YoY
Grant Count
18
+1700.0% YoY
Avg Grant Size
$828.333
-44.8% YoY
Under IRS private-foundation payout rules, Kasnet Family Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
About Kasnet Family Foundation
Based on IRS filings
Kasnet Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANCHESTERBYTHESEA, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $77K in total assets. In 2024, it awarded 18 grants totaling $15K. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $76,918 | $90,292 | $89,781 |
| Revenue | $5,304 | $5,637 | $8,250 |
| Expenses | $18,849 | $5,217 | $11,934 |
| Qualifying Distributions | $16,853 | $3,313 | $10,200 |
| Net Investment Income | $3,308 | $3,733 | $6,516 |
| Distributable Amount | $10,574 | $9,102 | $9,196 |
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
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stratleade Sustainability Education ($3,700), New England Baptist Hospital ($3,500), Mass General Hospital Fund ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BONNELL COVE FOUNDATION CAMDEN, ME | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $500 |
| COAST GUARD FOUNDATION STONINGTON, CT | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $210 |
| DISABLED AMERICAN VETERANS (DAV) ERLANGER, KY | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $200 |
| DOVE (WELP) FAMILY FOUNDATION DOTHAN, AL | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $1,000 |
| FRIENDS OF MANCHESTER TREES MANCHESTER, MA | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $100 |
| GREENWICH COUNTRY DAY SCHOOL GREENWICH, CT | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $600 |
| HERRESHOFF MARINE MUSEUM BRISTOL, RI | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $250 |
| MANCHESTER SAILING ASSOCIATION MANCHESTERBYTHESEA, MA | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $250 |
| MASS GENERAL HOSPITAL FUND BOSTON, MA | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $1,500 |
| MECT - MANCHESTER ESSEX CONSERVATION TRUST MANCHESTER, MA | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN G KASNET | TRUSTEE | — | — |
| MARIE-LOUISE KASNET | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kasnet Family Foundation?
Kasnet Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANCHESTERBYTHESEA, MA. It holds $77K in total assets as of 2024.
How large is Kasnet Family Foundation?
As of 2024, Kasnet Family Foundation holds $77K in total assets with $5K in annual revenue. It awarded 18 grants totaling $15K in 2024.
Where does Kasnet Family Foundation operate?
Kasnet Family Foundation has awarded grants in Alabama, Connecticut, Georgia, Kentucky, Massachusetts, Maine, Missouri, New York, Rhode Island.
What size grants does Kasnet Family Foundation award?
In 2024, Kasnet Family Foundation awarded 18 grants totaling $15K — an average of about $828.333 per grant, based on its IRS Form 990 filings.
How much is Kasnet Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kasnet Family Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kasnet Family Foundation's EIN?
Kasnet Family Foundation's EIN (Employer Identification Number) is 04-6986674. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Kasnet 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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