Koretsky Family Foundation Inc

SUNNY ISLES BEACH, FL EIN: 26-2399427

Koretsky Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUNNY ISLES BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30K in total assets. In 2024, it awarded 6 grants totaling $21K. Net investment income was $160.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$30K

+26.2% YoY

Annual Giving

$21K

-8.2% YoY

Grant Count

6

-40.0% YoY

Avg Grant Size

$4K

+53.0% YoY

Under IRS private-foundation payout rules, Koretsky Family Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Koretsky Family Foundation Inc

Based on IRS filings

Koretsky Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUNNY ISLES BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30K in total assets. In 2024, it awarded 6 grants totaling $21K. Net investment income was $160.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

Coral GablesCottonwood HeightsEast BrunswickFreeholdHollywoodHuntsvilleLakewoodLittle RiverLong BeachLos AngeesLos AngelesMiamiMonroeNew YorkPalm BeachPark CityPhilidelphiaSharman OaksSherman OaksSuccasunna

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$29K$39K20202021202220232024
Metric202420232022
Total Assets$29,500$23,373$14,488
Revenue$30,160$35,480$30,027
Expenses$24,033$26,595$34,438
Qualifying Distributions$21,000$22,870$33,500
Net Investment Income$160$123$27
Distributable Amount$1,525$1,237$916

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$17K$25K$34K8 grants202011 grants20215 grants202210 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

SOCIETY FOR THE PREVENTION$10KAUSHWITZ JEWISH CENTER F…$5KDIABETES RESEARCH INSTIT…$3KBE EQUAL FOUNDATION$3KLIVE LIKE SAM FOUNDATION$500WESPARK$500

Grant Size Distribution

40 grants across all recorded years

40<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Society for the Prevention ($10,000), Aushwitz Jewish Center Foundation ($5,000), Diabetes Research Institute Foundat ($2,500).

RecipientPurposeAmount
AUSHWITZ JEWISH CENTER FOUNDATION NEW YORK, NYJUDAISM SUPPORT$5,000
DIABETES RESEARCH INSTITUTE FOUNDAT HOLLYWOOD, FLDIABETES RESEARCH$2,500
SOCIETY FOR THE PREVENTION FREEHOLD, NJSUICIDE PREVENTION$10,000
BE EQUAL FOUNDATION COTTONWOOD HEIGHTS, UTRURAL COMMUNITY INTEGRATION$2,500
LIVE LIKE SAM FOUNDATION PARK CITY, UTYOUTH LEADERSHIP DEVELOPMENT$500
WESPARK SHERMAN OAKS, CACANCER TREATMENT$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FRANK KORETSKYPRESIDENT
SHARI KORETSKYV.P.
NICOLE KORETSKYSECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Koretsky Family Foundation Inc?

Koretsky Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUNNY ISLES BEACH, FL. It holds $30K in total assets as of 2024.

How large is Koretsky Family Foundation Inc?

As of 2024, Koretsky Family Foundation Inc holds $30K in total assets with $30K in annual revenue. It awarded 6 grants totaling $21K in 2024.

Where does Koretsky Family Foundation Inc operate?

Koretsky Family Foundation Inc has awarded grants in Alabama, California, District of Columbia, Florida, New Jersey, New York, Pennsylvania, South Carolina, Utah.

What size grants does Koretsky Family Foundation Inc award?

In 2024, Koretsky Family Foundation Inc awarded 6 grants totaling $21K — an average of about $4K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Koretsky Family Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Koretsky Family Foundation Inc's EIN?

Koretsky Family Foundation Inc's EIN (Employer Identification Number) is 26-2399427. IRS Form 990 filing data is available on this page for 2020–2024.

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

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