Kouroubacalis Charitable Foundation

Foundation · Grantmaker Lynnfield, MA EIN: 04-3446348

Kouroubacalis Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lynnfield, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $371K in total assets. In 2024, it awarded 13 grants totaling $31K. Net investment income was $37K.

Key facts about Kouroubacalis Charitable Foundation

EIN
04-3446348
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$31,400
Grants made (2024)
13
Average grant
$2,415
Median grant
$1,000
New grantees (estimate)
69% first-time grantees (9 of 13, 2024)
Total assets
$371,258
Primary geography
Massachusetts (46% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Kouroubacalis Charitable Foundation funds

By grant dollars, the top recipient states for Kouroubacalis Charitable Foundation's 13 itemized 2024 grants were Massachusetts (46%), Maine (32%) and Connecticut (16%). The most frequent recipient cities were Boston, MA (3 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support of Programs" (12 grants).

Is Kouroubacalis Charitable Foundation open to new grantees?

69%

first-time grantees, 2024

In 2024, 9 of 13 grantees (69%) were first-time recipients. First grants averaged $3K; repeat grants $2K. How we count

Medians: $2K first-time, $875 repeat.

  • 31% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+18%). Method
  • In 2024 it paid out 105% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2021–2024). 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 2024 IRS Form 990-PF · View filing

Total Assets

$371K

+12.2% YoY

Annual Giving

$31K

+8.3% YoY

Grant Count

13

+0.0% YoY

Avg Grant Size

$2K

+8.3% YoY

Under IRS private-foundation payout rules, Kouroubacalis Charitable Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.

About Kouroubacalis Charitable Foundation

Based on IRS filings

Kouroubacalis Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lynnfield, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $371K in total assets. In 2024, it awarded 13 grants totaling $31K. Net investment income was $37K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states

Share of all 13 itemized 2024 grant dollars.

Cities

BostonLynnChestnut HillDanversBrooklineNeedhamTriangleCantonMemphisBaytownBloomingtonBrunswickChicagoLeicesterNew YorkNorth AndoverPeabodyRye BrookTampaTarzana

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$31K$47K$62K2021202220232024
Metric202420232022
Total Assets$371,258$330,749$324,372
Revenue$56,507$33,492$17,743
Expenses$31,798$29,315$31,220
Qualifying Distributions$31,400$29,000$30,700
Net Investment Income$36,507$23,492$17,743
Distributable Amount$29,912$27,576$30,811

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$31K12 grants202110 grants202213 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Bowdoin College: $10KBowdoin College$10KCelebrities for Charity Foundation: $5KCelebrities for CharityFoundation$5KWest Hartford Pride: $5KWest Hartford Pride$5KSt Richard Parish: $4KSt Richard Parish$4KBig Sister Association: $3KBig Sister Association$3KCornelia Connelly Center: $2KCornelia Connelly Center$2KBoston College: $1KBoston College$1KThe Salvation Army: $750The Salvation Army$750Dana Farber Cancer Institute & the Jimmy Fund: $500Dana Farber Cancer Institute &the Jimmy Fund$500Northeastern University: $500Northeastern University$500

Grant Size Distribution

48 grants across all recorded years

48<$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 recipients include Bowdoin College ($10,000), Celebrities for Charity Foundation ($5,000), West Hartford Pride ($5,000).

RecipientPurposeAmount
BOWDOIN COLLEGE Brunswick, MESUPPORT OF PROGRAMS$10,000
CELEBRITIES FOR CHARITY FOUNDATION Boston, MASUPPORT OF PROGRAMS$5,000
WEST HARTFORD PRIDE West Hartford, CTSUPPORT OF PROGRAMS$5,000
ST RICHARD PARISH Danvers, MASUPPORT OF PROGRAMS$4,000
BIG SISTER ASSOCIATION Boston, MASUPPORT OF PROGRAMSSUPPORT OF PROGRAMS$2,500
CORNELIA CONNELLY CENTER New York, NYSUPPORT OF PROGRAMS$1,500
BOSTON COLLEGE Chestnut Hill, MASUPPORT OF PROGRAMS$1,000
THE SALVATION ARMY Canton, MASUPPORT OF PROGRAMS$750
DANA FARBER CANCER INSTITUTE & THE JIMMY FUND Brookline, MASUPPORT OF PROGRAMS$500
NORTHEASTERN UNIVERSITY Boston, MASUPPORT OF PROGRAMS$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Steven KouroubacalisTrustee——
Janet KouroubacalisTrustee——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Kouroubacalis Charitable Foundation?

Kouroubacalis Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lynnfield, MA. It holds $371K in total assets as of 2024.

How large is Kouroubacalis Charitable Foundation?

As of 2024, Kouroubacalis Charitable Foundation holds $371K in total assets with $57K in annual revenue. It awarded 13 grants totaling $31K in 2024.

Where does Kouroubacalis Charitable Foundation operate?

Kouroubacalis Charitable Foundation has awarded grants in California, Connecticut, Florida, Illinois, Massachusetts, Maine, Minnesota, New York, Tennessee, Texas, Virginia.

What size grants does Kouroubacalis Charitable Foundation award?

In 2024, Kouroubacalis Charitable Foundation awarded 13 grants totaling $31K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Kouroubacalis Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kouroubacalis Charitable Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Kouroubacalis Charitable Foundation's EIN?

Kouroubacalis Charitable Foundation's EIN (Employer Identification Number) is 04-3446348. IRS Form 990 filing data is available on this page for 2021–2024.

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

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