Kerem Family Foundation
Kerem Family Foundation is a private foundation, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grant totaling $117K.
Key facts about Kerem Family Foundation
In short: Kerem Family Foundation gave $117K across 1 grant in 2024 (avg $117K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 82-3493501
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $117,174
- Grants made (2024)
- 1
- Average grant
- $117,174
- Median grant
- $117,174
- Total assets
- $2,442,160
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
-4.9% YoY
Annual Giving
$117K
+9.7% YoY
Grant Count
1
-83.3% YoY
Avg Grant Size
$117K
+558.4% YoY
Under IRS private-foundation payout rules, Kerem Family Foundation reported a distributable amount of $120K for 2024 — the minimum it must pay out in qualifying distributions.
How Kerem Family Foundation gives
- Giving grew 33% from 2021 to 2024. Method
- In 2024 it paid out 97% 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $88K (2021) to $152K (2022). In 2024 it made 1 grant totaling $117K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Available Upon Request ($117K).
Grant Size Distribution
91 grants across all recorded years
The most common grant size was under $50K: 87 grants of 91 (96%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Available Upon Request Brooklyn, NY | General Support | $117,174 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,442,160 | $2,567,544 | $2,674,852 |
| Expenses | $125,384 | $107,308 | $158,283 |
| Qualifying Distributions | $117,174 | $106,788 | $151,571 |
| Distributable Amount | $120,257 | $126,411 | $131,774 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 26, 2023)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 4, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 31, 2026)
- Added Form 990-PF for fiscal year 2024 (received by the IRS June 5, 2026)
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
Kerem Family Foundation is led by Abraham Schwartz, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Abraham Schwartz
Trustee
On filings since 2020
1 hr/week
No compensation reported
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 Kerem Family Foundation
How much does Kerem Family Foundation give each year?
Kerem Family Foundation gave $117K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $107K across 6 grants.
How large is Kerem Family Foundation?
Kerem Family Foundation reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $117K in qualifying distributions that year, against a required minimum of $120K (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 Kerem Family Foundation operate?
Kerem Family Foundation has awarded grants in Maryland, New Jersey, New York.
What is Kerem Family Foundation's EIN?
Kerem Family Foundation's EIN (Employer Identification Number) is 82-3493501. 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.
Here's the math on researching Kerem Family Foundation by hand.
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