Kbt Charitable Foundation

CHESTNUT HILL, MA EIN: 20-2025601

KBT Charitable Foundation is a private grantmaking foundation established in 2005 and based in Norwood, Massachusetts (with a mailing address in Chestnut Hill, MA). The foundation operates as a 501(c)(3) organization and focuses on philanthropic giving across multiple sectors and geographic regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

-6.1% YoY

Annual Giving

$608K

+51.3% YoY

Grant Count

33

+73.7% YoY

Avg Grant Size

$18K

-12.9% YoY

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

Mission & Focus Areas

The foundation's primary purpose is giving to organizations that provide and train dogs to aid in assisting the visually impaired within Massachusetts. Beyond this core mission, the foundation supports a broader range of causes including:

  • Education
  • Jewish organizations and causes
  • Animal welfare and domesticated animals
  • Health and diseases and conditions
  • Community development
  • Social services
  • Environment

Grantmaking

The foundation makes grants to multiple organizations annually, with recent filings indicating 19+ grants distributed in a single year.

Grant Range

$1,500–$100,000

Average Grant

approximately $91

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Geographic Focus

Where this funder awards grants

The foundation supports organizations in the United States and Israel. Within the United States, emphasis is placed on:

  • California
  • Massachusetts
  • New York

Additional funding extends to organizations in Connecticut, Florida, Maryland, Minnesota, New Jersey, Ohio, Pennsylvania, and Tennessee.

Grant Distribution by State

13states
+5 more states

Cities

Ann ArborBeverly HillsBoca RatonBostonBrooklineBrooklynCedarhurstCentral ValleyClevelandCliftonDarienFresh MeadowsLakewoodLos AngelesMiamiMiddletownNashvilleNew YorkNewbergPalmdale

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $4,767,950
  • Total revenues: $369,891
  • Total expenses: $685,735

Assets & Revenue (2023):

  • Total assets: $5,080,000
  • Total revenues: $1,358,028
  • Total expenses: $450,000

Income Sources (2024):

  • Investment income and dividends: $138,533
  • Net gain from sale of non-inventory assets: $231,358

The foundation has no liabilities and maintains zero employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$373K$747K$1M$1M20202021202220232024
Metric202420232022
Total Assets$4,767,950$5,075,045$4,125,857
Revenue$369,891$1,358,028$143,340
Expenses$685,735$450,150$694,105
Qualifying Distributions$647,150$407,795$651,470
Net Investment Income$331,306$1,315,673$112,810
Distributable Amount$267,384$244,853$283,353

Giving Over Time

Total grant dollars and number of grants per year

$0$161K$322K$483K$643K19 grants202027 grants202133 grants202219 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PEF ISRAEL ENDOWMENT$73KB'NAI JACOB SYNAGOGUE$55KFOOD ALLERGY FUND$55KUCLA$50KRAMAZ SCHOOL$30KITREK$25KLUBAVITCH HOUSE AT THE U…$22KAMERICAN FRIENDS OF MAGE…$22KBROOKLYN LAW SCHOOL$20KDANA FARBER CANCER INSTI…$20K

Grant Size Distribution

131 grants across all recorded years

122<$50K8$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by trustees who serve without compensation:

  • Shari E. Redstone
  • Kimberlee A. Korff
  • Brandon J. Korff
  • Tyler J. Korff

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SHARI E REDSTONETRUSTEE1
KIMBERLEE A KORFFTRUSTEE1
BRANDON J KORFFTRUSTEE1
TYLER J KORFFTRUSTEE1

Contact Information

Address: 846 University Avenue Norwood, MA 02062-2631

Telephone: 781-461-1600

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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