Komar Family Foundation

Foundation · Grantmaker Red Bank, NJ EIN: 22-6063002

Komar Family Foundation is a private foundation, based in Red Bank, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.0M in total assets. In 2025, it awarded 10 grants totaling $288K. Net investment income was $98K.

Key facts about Komar Family Foundation

EIN
22-6063002
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$287,648
Grants made (2025)
10
Average grant
$28,765
Median grant
$20,000
New grantees (estimate)
30% first-time grantees (3 of 10, 2025)
Total assets
$3,007,730
Primary geography
New Jersey (68% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Komar Family Foundation funds

By grant dollars, the top recipient states for Komar Family Foundation's 10 itemized 2025 grants were New Jersey (68%), Virginia (17%) and North Carolina (10%). The most frequent recipient cities were Red Bank, NJ (2 grants) and Jersey City, NJ (2 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "For Purposes Which Are Tax Exempt" (10 grants).

Is Komar Family Foundation open to new grantees?

30%

first-time grantees, 2025

In 2025, 3 of 10 grantees (30%) were first-time recipients. First grants averaged $21K; repeat grants $32K. How we count

Medians: $10K first-time, $25K repeat.

  • 50% of 2025 grantees were also funded in 2024. Method
  • Giving grew 58% from 2022 to 2025. Method
  • In 2025 it paid out 196% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.0M

+28.1% YoY

Annual Giving

$288K

+11.5% YoY

Grant Count

10

+0.0% YoY

Avg Grant Size

$29K

+11.5% YoY

Under IRS private-foundation payout rules, Komar Family Foundation reported a distributable amount of $147K for 2025 — the minimum it must pay out in qualifying distributions.

About Komar Family Foundation

Based on IRS filings

Komar Family Foundation is a private foundation, based in Red Bank, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.0M in total assets. In 2025, it awarded 10 grants totaling $288K. Net investment income was $98K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of all 10 itemized 2025 grant dollars.

Cities

Red BankJersey CityAsbury ParkNew YorkChapel HillLong BranchAlexandriaBridgeportElizabethIssaquahJamaicaSavannahSherman OaksSouth Amboy

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$264K$527K$791K$1M20212022202320242025
Metric202520242023
Total Assets$3,007,730$2,348,567$2,034,769
Revenue$958,425$580,170$49,156
Expenses$299,262$266,065$268,865
Qualifying Distributions$287,648$258,034$263,478
Net Investment Income$97,880$76,089$66,891
Distributable Amount$146,929$115,297$103,559

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$72K$144K$216K$288K4 grants20215 grants20227 grants202310 grants202410 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Riverview Medical Center Foundation: $100KRiverview Medical CenterFoundation$100KNew City Kids: $50KNew City Kids$50KUnited Way: $50KUnited Way$50KMiraclefeet: $30KMiraclefeet$30KBoys & Girls Clubs of Monmouth County: $25KBoys & Girls Clubs of MonmouthCounty$25KClean Ocean Action: $15KClean Ocean Action$15KFrank Callen Boys and Girls: $10KFrank Callen Boys and Girls$10KYork Street Project: $5KYork Street Project$5KSpec Labs Inc: $2KSpec Labs Inc$2KZipf Memorial Scholarship Fund: $648Zipf Memorial Scholarship Fund$648

Grant Size Distribution

36 grants across all recorded years

26<$50K7$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Riverview Medical Center Foundation ($100,000), New City Kids ($50,000), United Way ($50,000).

RecipientPurposeAmount
RIVERVIEW MEDICAL CENTER FOUNDATION Red Bank, NJFOR PURPOSES WHICH ARE TAX EXEMPT$100,000
NEW CITY KIDS Jersey City, NJFOR PURPOSES WHICH ARE TAX EXEMPT$50,000
UNITED WAY Alexandria, VAFOR PURPOSES WHICH ARE TAX EXEMPT$50,000
MIRACLEFEET Chapel Hill, NCFOR PURPOSES WHICH ARE TAX EXEMPT$30,000
BOYS & GIRLS CLUBS OF MONMOUTH COUNTY Asbury Park, NJFOR PURPOSES WHICH ARE TAX EXEMPT$25,000
CLEAN OCEAN ACTION Long Branch, NJFOR PURPOSES WHICH ARE TAX EXEMPT$15,000
FRANK CALLEN BOYS AND GIRLS Savannah, GAFOR PURPOSES WHICH ARE TAX EXEMPT$10,000
YORK STREET PROJECT Jersey City, NJFOR PURPOSES WHICH ARE TAX EXEMPT$5,000
SPEC LABS INC Sherman Oaks, CAFOR PURPOSES WHICH ARE TAX EXEMPT$2,000
ZIPF MEMORIAL SCHOLARSHIP FUND Red Bank, NJFOR PURPOSES WHICH ARE TAX EXEMPT$648

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

NameTitleHoursCompensation
Charles KomarPresident & Director0.25—
David KomarDirector0.25—

Frequently Asked Questions

How large is Komar Family Foundation?

As of 2025, Komar Family Foundation holds $3.0M in total assets with $958K in annual revenue. It awarded 10 grants totaling $288K in 2025.

Where does Komar Family Foundation operate?

Komar Family Foundation has awarded grants in California, Connecticut, Georgia, North Carolina, New Jersey, New York, Virginia, Washington.

What size grants does Komar Family Foundation award?

In 2025, Komar Family Foundation awarded 10 grants totaling $288K — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is Komar Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Komar Family Foundation reported a distributable amount of $147K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Komar Family Foundation's EIN?

Komar Family Foundation's EIN (Employer Identification Number) is 22-6063002. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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