Kolatch Family Foundation
The Kolatch Family Foundation is a private family foundation established in April 1998 and based in Englewood, New Jersey. It operates as a 501(c)(3) tax-exempt charitable organization that functions exclusively as a grantmaking entity, making charitable disbursements representing 97.6% of total expenses. The foundation does not engage in direct charitable activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$102.4M
+7.5% YoY
Annual Giving
$7.8M
+23.8% YoY
Grant Count
102
+39.7% YoY
Avg Grant Size
$77K
-11.4% YoY
Mission & Focus Areas
The foundation's strategic approach focuses on supporting preselected organizations in three primary areas:
- Jewish causes
- Education
- Healthcare
The foundation places particular emphasis on serving the Jewish community in the New York metropolitan area.
Grantmaking
Invitation Only
** Invitation only—the foundation does not accept unsolicited applications. All grants are made to preselected organizations through trustee-directed grantmaking rather than structured grant programs.
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Geographic Focus
Where this funder awards grants
Primary focus on New Jersey and New York, with emphasis on the New York metropolitan area. The foundation's funding reaches a diverse range of cities and states across the United States, including Arizona, Washington D.C., Florida, Hawaii, Illinois, Maryland, Montana, Ohio, Pennsylvania, and Washington, as well as international locations such as Jerusalem.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $102,358,716
- Total Revenue: $37,130,527
- Total Expenses: $8,034,277
- Total Giving: $7,839,158
- Number of Employees: 0
Asset Growth: The foundation has grown substantially over two decades, with assets increasing from approximately $14 million in 2012 to over $102 million by 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $102,358,716 | $95,179,584 | $92,914,870 |
| Revenue | $37,130,527 | $10,675,147 | $13,193,369 |
| Expenses | $8,034,277 | $6,672,668 | $18,554,461 |
| Qualifying Distributions | $7,839,158 | $6,332,093 | $6,365,214 |
| Net Investment Income | $10,861,940 | $4,749,479 | $7,392,892 |
| Distributable Amount | $7,811,823 | $6,922,354 | $6,741,120 |
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
240 grants across all recorded years
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 governed by trustees:
- Jonathan L. Kolatch (serves without compensation)
- Mindy S. Kolatch (serves without compensation)
Jonathan Kolatch is a former Goldman Sachs partner (1982-1999) who founded Redwood Capital Management in 2000, a hedge fund specializing in distressed and stressed credit opportunities that grew to over $5 billion in assets under his leadership until his retirement in 2020.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JONATHAN L KOLATCH | TRUSTEE | 5 | — |
| MINDY S KOLATCH | TRUSTEE | 5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in supporting Jewish community initiatives, including grants supporting:
Shluchim (Jewish emissaries) programs
CKids Gan Israel Camp initiatives
CKids Gan Israel Camp Grant Reaches $500,000 In FundingMikvaos (Jewish ritual bath) projects
Jewish educational and religious organizations
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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