Koret Foundation
The Koret Foundation is a private foundation based in San Francisco, California, dedicated to creating a vibrant Bay Area and a thriving Jewish community. Its grantmaking supports educational opportunities, arts and cultural initiatives, Jewish community projects, and programs serving vulnerable populations.
Koret Foundation at a glance
In short: Koret Foundation gave $40.5M across 251 grants in 2025 (avg $161K), mostly in California. 14% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $40,456,133
- +11.3% vs 2024
- Grants made (2025)
- 251
- -14.3% vs 2024
- Average grant
- $161,180
- +29.9% vs 2024
- Median grant
- $25,000
- Total assets
- $287,431,078
- -8.9% vs 2024
- New grantees (estimate)
- 14% first-time grantees (23 of 168, 2025)
- Primary geography
- California (58% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Koret Foundation
- Accepts unsolicited proposals
- No
- Invitation Only
-
The foundation’s website says grant proposals are accepted by invitation only; it does not accept unsolicited requests. The 2025 filing directs prospective applicants to the foundation’s website for application procedures, deadlines, and award restrictions, and names Alison Stein as the contact for application information. The filing also states that giving is not restricted to preselected organizations.
- Contact
Application contact: Alison Stein
Mailing address: 611 Front Street, San Francisco, CA 94111
Phone: (415) 882-7740
Website: https://koret.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Koret Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was American Friends of the Israel Museum ($4.0M across 4 grants). Together the top 10 received $26.5M.
Organizations only. It also paid 1 grant to individuals ($210,000), which are not listed by name.
Grant Size Distribution
1,498 grants across all recorded years
The most common grant size was under $50K: 846 grants of 1,498 (56%).
Geographic Focus
Where this funder awards grants
The foundation describes its work as focused on the Bay Area and the vitality of the global Jewish community, with its website also referring to work in Israel and Poland. For 2025, 58% of grant dollars went to recipients in California, 29% to New York, 11% to the District of Columbia, and 1% each to Massachusetts and Pennsylvania.
Grant Distribution by State
Share of 2025 grant dollars across all 251 itemized grants.
States
Cities
Is Koret Foundation open to new grantees?
14%
first-time grantees, 2025
In 2025, 23 of 168 grantees (14%) were first-time recipients. First grants averaged $40K; repeat grants $273K. How we count
Medians: $10K first-time, $25K repeat.
- 78% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 369% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2025, annual grant giving ranged from $36.4M (2024) to $48.5M (2020). In 2025 it made 251 grants totaling $40.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Friends of the Israel Museum New York, NY | Conservation equipment and facilities, technology upgrades, and capacity building support | $2,960,000 |
| Congregation Emanu-El San Francisco, CA | Emanu-El Next Capital Campaign - 1:1 Match | $2,250,000 |
| American Friends of the TEL Aviv University Inc New York, NY | The koret international school collaborative, a partnership between tel aviv university and anumuseum of the jewish people | $2,000,000 |
| The Shalom Hartman Institute of North America New York, NY | National and bay area core programs and growth strategies | $1,875,000 |
| The Shalom Hartman Institute of North America New York, NY | National and bay area core programs and growth strategies | $1,875,000 |
| American Israel Education Foundation Inc Washington, DC | Outreach, education, and engagement programs for aief fiscal years 2023, 2024, and 2025 | $1,500,000 |
| American Israel Education Foundation Inc Washington, DC | Outreach, education, and engagement programs for aief fiscal years 2023, 2024, and 2025 | $1,500,000 |
| Jewish Family & Children's Services San Francisco, CA | Jewish Youth Initiative for FY24-FY26 | $1,250,000 |
| Jewish Family & Children's Services San Francisco, CA | Jewish Youth Initiative for FY24-FY26 | $1,250,000 |
| Congregation Beth Sholom San Francisco San Francisco, CA | Center for lifelong jewish education capital campaign - 1:1 match | $1,150,000 |
Ready to take the next step with Koret 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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $287,431,078 | $18,954,947 | $42,922,981 | $40,456,133 | 251 | $43,660,324 | $165,271,613 | $11,826,635 |
| 2024 | $315,527,122 | $34,417,583 | $40,398,430 | $36,360,445 | 293 | $41,104,004 | $24,345,169 | $16,481,517 |
| 2023 | $392,510,686 | $11,020,210 | $65,404,795 | $39,808,506 | 320 | $44,919,563 | $149,391,292 | $18,904,971 |
| 2022 | $465,244,923 | $29,789,138 | $54,705,095 | $44,374,660 | 320 | $49,291,949 | $16,155,548 | $22,511,509 |
| 2021 | $515,520,670 | $39,088,314 | $37,309,797 | $44,638,083 | 314 | $49,226,317 | $27,731,690 | $24,108,701 |
| 2020 | $480,968,397 | $33,060,922 | $53,773,665 | $48,471,132 | 354 | — | $20,759,075 | $24,769,706 |
Under IRS private-foundation payout rules, Koret Foundation reported a distributable amount of $11.8M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s work is guided by traditional Jewish values of learning and teaching (limmud), dignity and worth of the individual (kavod habriyot), and community (kehillah). Its eight giving areas are Jewish Peoplehood and U.S.-Israel Bridge Building, alongside Bay Area community areas of Higher Education, K–12 Education, Arts and Culture, Food Programs, Veterans Support, and Civic Projects.
The foundation says its Jewish community grantmaking seeks to increase Jewish identification and involvement, strengthen ties between Israel and the Bay Area, combat antisemitism, and support institutions contributing to Jewish community life in the Bay Area, Israel, and Poland. Its Bay Area grantmaking includes support for higher-learning institutions working on student success, as well as selected organizations addressing food insecurity, veterans’ needs, and other pressing community needs.
Examples of supported organizations illustrate the range of work represented among grantees. The American Israel Education Foundation describes itself as a charitable and educational organization affiliated with AIPAC that supports educational programs. NLI USA says it builds U.S. support for the National Library of Israel and its collections, cultural programs, and educational resources. iCivics describes its work as providing nonpartisan civics and history resources to teachers and students.
Grantmaking
In filing year 2025, the foundation reported 251 grants totaling $40,456,133. Grants ranged from $500 to $2,960,000, with a median of $25,000.
Among the largest reported awards were $2,960,000 to American Friends of the Israel Museum for conservation equipment and facilities, technology upgrades, and capacity building; $2,250,000 to Congregation Emanu-El for its next capital campaign; and $2,000,000 to American Friends of Tel Aviv University for the Koret International School Collaborative, a partnership between Tel Aviv University and the Anu Museum of the Jewish People. Other large awards included $1,875,000 to the Shalom Hartman Institute of North America for national and Bay Area programs and growth strategies, and $1,500,000 to the American Israel Education Foundation for outreach, education, and engagement programs.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s website lists Michael J. Boskin and Anita Friedman as presidents, Richard L. Greene as Distinguished Director Emeritus, and Abraham D. Sofaer. The 2025 filing lists Boskin, Friedman, Greene, and Sofaer as directors. It lists Jeffrey A. Farber as chief executive officer and Marlena Wong as chief financial officer. The website also lists Ellen Lathrop as Program and Communications Officer, Ashley Rodwick as Senior Philanthropy Advisor, Jamie Wong as Finance & Operations Manager, and Alison Wong Stein as Senior Manager of Grants Operations.
Koret Foundation is led by Jeffrey Farber, Chief Executive Officer on every filing since 2020; all 6 officers listed in 2025 are compensated.
Officers on the 2025 filing
Jeffrey Farber
Chief Executive Officer
On filings since 2020
38 hrs/week
$504K (2020) → $570K (2025)
Abraham D. Sofaer
Director
On filings since 2020
5 hrs/week
$33K (2020) → $32K (2025)
Anita Friedman
Director
On filings since 2020
10 hrs/week
$30K (2020) → $30K (2025)
Michael J. Boskin
Director
On filings since 2020
10 hrs/week
$38K (2020) → $36K (2025)
Richard L. Greene See Statement
Director
On filings since 2020
5 hrs/week
$36K (2020) → $34K (2025)
Marlena Wong
Chief Financial Officer
On filings since 2020
38 hrs/week
$260K (2020) → $324K (2025)
Former officers (1)
- Former: Robert Friend (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $570K, to Jeffrey Farber (Chief Executive Officer). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Koret Foundation
How much does Koret Foundation give each year?
Koret Foundation gave $40.5M across 251 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $36.4M across 293 grants.
What is Koret Foundation's typical grant size?
Koret Foundation's median grant in 2025 was $25,000, and its average grant was $161,180, across 251 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Koret Foundation that year got $40K on average.
Where does Koret Foundation give grants?
Koret Foundation gives mostly in California: 58% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (29%) and District of Columbia (11%). The most frequent recipient cities were San Francisco, CA (76 grants), New York, NY (31 grants), Redwood City, CA (15 grants) and Berkeley, CA (15 grants).
Does Koret Foundation give general operating support?
Yes: 35% of Koret Foundation's 2025 grants with a stated purpose (88 of 251) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Jewish Peoplehood Programs and Activities" (7 grants), "Education Programs" (7 grants) and "Koret Scholars" (6 grants).
Who are Koret Foundation's largest grantees?
Koret Foundation's largest 2025 grantees include American Friends of the Israel Museum ($3,983,333 across 4 grants), The Shalom Hartman Institute of North America ($3,750,000 across 2 grants) and Jewish Family & Children's Services ($3,290,000 across 5 grants), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($210,000), which are not listed by name. Together they received 27% of its itemized 2025 grant dollars.
How large is Koret Foundation?
Koret Foundation reported $287.4M in total assets on its 2025 IRS Form 990-PF. It paid out $43.7M in qualifying distributions that year, against a required minimum of $11.8M (roughly 5% of its investment assets).
What does Koret Foundation fund?
The foundation’s work is guided by traditional Jewish values of learning and teaching (*limmud*), dignity and worth of the individual (*kavod habriyot*), and community (*kehillah*). See mission & focus areas ↑
How do I apply for a grant from Koret Foundation?
The foundation’s website says grant proposals are accepted by invitation only; it does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Koret Foundation's EIN?
Koret Foundation's EIN (Employer Identification Number) is 94-1624987. IRS Form 990 filing data is available on this page for 2020–2025.
Does Koret Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 20, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Koret Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in California
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
Jewish Community Federation of San Francisco the Peninsula Marin & Sonoma
San Francisco, CA
The Federation funds Jewish life and identity, antisemitism response, crisis relief, human services, and justice and inclusion, with work in the Bay Area, Israel, and beyond. Its 2025 grants ranged from $5,050 to $2,405,915, with a median of $22,750. It frequently issues requests for proposals and welcomes inquiries about new Bay Area programs; no current organization grant opportunities were listed.
Assets
$2.0B
Grants
1,032
Total Given
$94.5M
Marin Community Foundation
Novato, CA
Marin Community Foundation funds work in affordable housing and homelessness, community resilience and power, as well as social services, education, arts and conservation, with a focus on marginalized Marin County residents and some broader U.S. and international grantmaking. Its 2025 grants had a median of $25,000, though amounts varied widely. The profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
1,573
Total Given
$186.1M
California Community Foundation
Los Angeles, CA
The California Community Foundation supports nonprofits through discretionary and donor-directed grants, with discretionary priorities including education, health, housing and immigration, alongside other areas such as arts, civic engagement and economic opportunity. Its 2025 grants had a median of $50,000, and its work is focused on Los Angeles County; prospective discretionary applicants are asked to contact the relevant program officer before submitting a letter of intent.
Assets
$2.3B
Grants
2,174
Total Given
$326.6M
The William & Flora Hewlett Foundation
Menlo Park, CA
The William & Flora Hewlett Foundation funds education, climate and conservation, the arts, democracy, gender equity, racial justice, and efforts to strengthen nonprofits and philanthropy, with work spanning the San Francisco Bay Area, the U.S. West, and locations including East and West Africa and Mexico. Its 2024 grants had a median award of $150,000, though amounts varied widely. It generally does not accept unsolicited requests, but sometimes invites proposals through open processes.
Assets
$14.2B
Grants
2,001
Total Given
$625.0M
Direct Relief
Santa Barbara, CA
Direct Relief supports healthcare providers serving people affected by poverty or emergencies, including community health centers, clinics, and grassroots organizations, with medicines, supplies, and funding for health access and equity. In 2025, its grants had a median award of about $65,000, and its work spans all 50 U.S. states and countries around the world; the profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
1,367
Total Given
$337.4M
More similar funders
More Funders in California
Cite this profile
Grantable. (2026). Koret Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/koret-foundation-morg_45c2383d959f4da99373f458c883005e
BibTeX
@misc{grantable_941624987_2026,
author = {{Grantable}},
title = {{Koret Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/koret-foundation-morg_45c2383d959f4da99373f458c883005e},
note = {Accessed 2026-10-11. 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 Koret 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.
Koret Foundation down — hundreds of funders to go?