Keren Keshet - the Rainbow Foundation
Keren Keshet - The Rainbow Foundation is a private foundation based in New York, NY. Its 2024 filing reports 34 grants totaling $13,357,760, including support for programming, operating expenses, and capital campaigns.
Keren Keshet - the Rainbow Foundation at a glance
In short: Keren Keshet - the Rainbow Foundation gave $13.4M across 34 grants in 2024 (avg $393K), mostly in New York. 19% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $13,357,760
- +81.7% vs 2023
- Grants made (2024)
- 34
- +6.3% vs 2023
- Average grant
- $392,875
- +71.0% vs 2023
- Median grant
- $25,000
- Total assets
- $174,232,036
- -0.4% vs 2023
- New grantees (estimate)
- 19% first-time grantees (6 of 32, 2024)
- Primary geography
- New York (86% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Keren Keshet - the Rainbow Foundation
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. It asks that a communication be presented to the board of directors; it lists no restrictions on awards.
- Review Cycle
- None listed.
- Deadline
- None listed.
- Contact
Application contact: Linda Sakacs
Mailing address: 1015 Park Avenue, New York, NY 10028
Phone: (212) 396-8800
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Keren Keshet - the Rainbow Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Jewish Communal Fund #4681 ($8.2M). Together the top 10 received $12.9M.
Organizations only. It also paid 2 grants to individuals ($54,000), which are not listed by name.
Grant Size Distribution
164 grants across all recorded years
The most common grant size was under $50K: 106 grants of 164 (65%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that 86% of grant dollars went to recipients in New York, 1% to recipients in Washington, DC, 1% to recipients in California, and less than 1% to recipients in Florida. It lists a further 12% under an unspecified recipient-state entry (“?”). The listed recipients include organizations in New York, Washington, DC, California, and Florida.
Grant Distribution by State
Share of 2024 grant dollars across all 34 itemized grants.
States
Cities
Is Keren Keshet - the Rainbow Foundation open to new grantees?
19%
first-time grantees, 2024
In 2024, 6 of 32 grantees (19%) were first-time recipients. First grants averaged $106K; repeat grants $487K. How we count
Medians: $50K first-time, $25K repeat.
- 63% of 2024 grantees were also funded in 2023. Method
- Giving fell 30% from 2021 to 2024. Method
- In 2024 it paid out 216% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $7.4M (2023) to $19.0M (2021). In 2024 it made 34 grants totaling $13.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Communal Fund #4681 New York, NY | Programming Initiatives | $8,225,000 |
| Worldwide Friends Foundation New York, NY | Operating Expenses | $2,196,147 |
| Keren Keshet Israel | Operating Expenses | $1,529,146 |
| Congregation Kol Israel Brooklyn, NY | Capital Campaign | $414,667 |
| 1210 Scott Street Inc New York, NY | Operating Expenses | $202,000 |
| Wlastq LLC Washington DC, DC | Programming Initiatives | $116,000 |
| Start up Nation Central (American Friends of) New York, NY | Programming Initiatives | $55,000 |
| Congregation Kol Shofar Tiburon, CA | Programming Initiatives | $50,000 |
| Rabbi Sacks Legacy Corp New York, NY | Programming Initiatives | $50,000 |
| Ramaz School New York, NY | Capital Campaign/Operating | $50,000 |
Ready to take the next step with Keren Keshet - the Rainbow Foundation?
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 | $174,232,036 | $16,004,657 | $25,229,036 | $13,357,760 | 34 | $15,379,803 | $12,115,060 | $7,119,199 |
| 2023 | $174,917,778 | $22,530,667 | $16,683,960 | $7,350,033 | 32 | $9,272,908 | $12,918,176 | $7,308,359 |
| 2022 | $174,719,382 | $7,958,320 | $18,362,402 | $13,871,444 | 42 | $15,635,088 | $6,367,297 | $8,273,195 |
| 2021 | $212,134,789 | $28,921,665 | $29,972,765 | $19,047,142 | 29 | $20,547,927 | $21,629,764 | $8,658,410 |
| 2020 | $212,036,633 | $-7,584,394 | $23,904,428 | $17,268,637 | 27 | — | — | $9,419,319 |
Under IRS private-foundation payout rules, Keren Keshet - the Rainbow Foundation reported a distributable amount of $7.1M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2024 grants included programming initiatives, operating expenses, and capital campaigns. Among the grantees, Worldwide Friends Foundation describes its flagship Israel Friends and Ukraine Friends programs as humanitarian missions launched in response to emergencies. SIXPOINT INC describes its mission as combating antisemitism and other forms of xenophobia and hate by empowering digital storytellers. The Jewish Funders Network says it helps philanthropists maximize the impact of their giving, rooted in Jewish values. These are descriptions of the grantees’ missions, not the foundation’s.
Grantmaking
In 2024, the foundation reported 34 grants totaling $13,357,760. Grants ranged from $1,800 to $8,225,000, with a median grant of $25,000. The largest listed awards were $8,225,000 to Jewish Communal Fund #4681 for programming initiatives, $2,196,147 to Worldwide Friends Foundation for operating expenses, and $1,529,146 to Keren Keshet Israel for operating expenses. Other listed grants included $414,667 to Congregation Kol Israel for a capital campaign and $202,000 to 1210 Scott Street Inc for operating expenses.
Other 2024 recipients included Israel on Campus Coalition Inc ($40,000), Jewish Funders Network ($30,000), Metropolitan Museum of Art ($25,000), Central Fund of Israel ($25,000), Zamir Choral Foundation Inc ($18,000), and Gatestone Institute ($10,000). Israel on Campus Coalition describes its work as engaging and supporting campus communities grappling with antisemitism and Israel-related advocacy. The Metropolitan Museum of Art describes its work as collecting, studying, conserving, and presenting art. These descriptions reflect the organizations’ own statements.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mem Dryan Bernstein as vice president and treasurer, Linda Sakacs as secretary, and Albert L Fried as president.
Keren Keshet - the Rainbow Foundation is led by Albert L. Fried, President on every filing since 2023; 2 of 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Albert L. Fried
President
On filings since 2023
20 hrs/week
No compensation reported
Linda Sakacs
Secretary
On filings since 2020
40 hrs/week
$184K (2020) → $236K (2024)
Mem Dryan Bernstein
Vice President & Treasurer
On filings since 2020
20 hrs/week
$20K (2020) → $23K (2024)
Former officers (1)
- Former: Arthur W. Fried (2020–2022) — 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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $236K, to Linda Sakacs (Secretary). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Keren Keshet - the Rainbow Foundation
How much does Keren Keshet - the Rainbow Foundation give each year?
Keren Keshet - the Rainbow Foundation gave $13.4M across 34 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7.4M across 32 grants.
What is Keren Keshet - the Rainbow Foundation's typical grant size?
Keren Keshet - the Rainbow Foundation's median grant in 2024 was $25,000, and its average grant was $392,875, across 34 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Keren Keshet - the Rainbow Foundation that year got $106K on average.
Where does Keren Keshet - the Rainbow Foundation give grants?
Keren Keshet - the Rainbow Foundation gives mostly in New York: 86% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (20 grants) and San Francisco, CA (3 grants).
Does Keren Keshet - the Rainbow Foundation give general operating support?
Yes: 38% of Keren Keshet - the Rainbow Foundation's 2024 grants with a stated purpose (13 of 34) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Programming Initiatives" (17 grants) and "Research/Writing" (3 grants).
Who are Keren Keshet - the Rainbow Foundation's largest grantees?
Keren Keshet - the Rainbow Foundation's largest 2024 grantees include Jewish Communal Fund #4681 ($8,225,000), Worldwide Friends Foundation ($2,196,147) and Keren Keshet Israel ($1,529,146), according to its 2024 IRS Form 990-PF. It also paid 2 grants to individuals ($54,000), which are not listed by name. Together they received 89% of its itemized 2024 grant dollars.
How large is Keren Keshet - the Rainbow Foundation?
Keren Keshet - the Rainbow Foundation reported $174.2M in total assets on its 2024 IRS Form 990-PF. It paid out $15.4M in qualifying distributions that year, against a required minimum of $7.1M (roughly 5% of its investment assets).
What does Keren Keshet - the Rainbow Foundation fund?
The available information does not state a mission for the foundation. Its 2024 grants included programming initiatives, operating expenses, and capital campaigns. See mission & focus areas ↑
How do I apply for a grant from Keren Keshet - the Rainbow Foundation?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Keren Keshet - the Rainbow Foundation's EIN?
Keren Keshet - the Rainbow Foundation's EIN (Employer Identification Number) is 13-4069592. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
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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Cite this profile
Grantable. (2026). Keren Keshet - the Rainbow Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/keren-keshet-the-rainbow-foundation-morg_9cfe1f1f3e1e4c1982ccf4aa5b80349b
BibTeX
@misc{grantable_134069592_2026,
author = {{Grantable}},
title = {{Keren Keshet - the Rainbow Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/keren-keshet-the-rainbow-foundation-morg_9cfe1f1f3e1e4c1982ccf4aa5b80349b},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Keren Keshet - the Rainbow Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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