Kovack Family Charitable Foundation

Private foundation · Grantmaker Fort Lauderdale, FL EIN: 83-6725585

Kovack Family Charitable Foundation is a private foundation, based in Fort Lauderdale, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21K in total assets. In 2024, it awarded 7 grants totaling $158K. Net investment income was $60.

Key facts about Kovack Family Charitable Foundation

In short: Kovack Family Charitable Foundation gave $158K across 7 grants in 2024 (avg $23K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
83-6725585
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$157,500
Grants made (2024)
7
Average grant
$22,500
Median grant
$25,000
Total assets
$20,795
Primary geography
Florida (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$21K

+13.8% YoY

Annual Giving

$158K

-21.3% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$23K

-43.8% YoY

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

How Kovack Family Charitable Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−12%). Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

Fort LauderdaleDeerfield BeachLos AngelesPompano Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K5 grants2020 8 grants2021 7 grants2022 5 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $130K (2020) to $200K (2023). In 2024 it made 7 grants totaling $158K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Westminster Academy: $50KWestminster Academy$50KCross Community Church: $35KCross Community Church$35KCoral Ridge Presbyterian Church: $25KCoral Ridge PresbyterianChurch$25KKnox Seminary: $25KKnox Seminary$25KCRPC: $15KCRPC$15KEvangelism Explosion: $5KEvangelism Explosion$5KHarbor 58: $3KHarbor 58$3K

The largest 2024 recipient was Westminster Academy ($50K). Together the top 7 received $158K.

Grant Size Distribution

32 grants across all recorded years

26<$50K5$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 32 (81%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Westminster Academy Fort Lauderdale, FLCharity$50,000
Cross Community Church Deerfield Beach, FLCharity$35,000
Coral Ridge Presbyterian Church Fort Lauderdale, FLCharity$25,000
Knox Seminary Fort Lauderdale, FLCharity$25,000
CRPC Fort Lauderdale, FLCharity$15,000
Evangelism Explosion Fort Lauderdale, FLCharity$5,000
Harbor 58 Fort Lauderdale, FLCharity$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$20,795$18,279$58,317
Revenue$160,060$160,027$130,003
Expenses$157,544$200,065$151,566
Qualifying Distributions$157,500$200,000$150,000
Net Investment Income$60$2$3
Distributable Amount$2,294$901$1,328

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Kovack Family Charitable Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Brian Kovack

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Priscilla Kovack

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Kovack Family Charitable Foundation

How much does Kovack Family Charitable Foundation give each year?

Kovack Family Charitable Foundation gave $158K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $200K across 5 grants.

What is Kovack Family Charitable Foundation's typical grant size?

Kovack Family Charitable Foundation's median grant in 2024 was $25,000, and its average grant was $22,500, across 7 grants on its 2024 IRS Form 990-PF.

Where does Kovack Family Charitable Foundation give grants?

Kovack Family Charitable Foundation gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fort Lauderdale, FL (6 grants).

Does Kovack Family Charitable Foundation give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Kovack Family Charitable Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (7 grants).

Who are Kovack Family Charitable Foundation's largest grantees?

Kovack Family Charitable Foundation's largest 2024 grantees include Westminster Academy ($50,000), Cross Community Church ($35,000) and Coral Ridge Presbyterian Church ($25,000), according to its 2024 IRS Form 990-PF. Together they received 70% of its itemized 2024 grant dollars.

How large is Kovack Family Charitable Foundation?

Kovack Family Charitable Foundation reported $21K in total assets on its 2024 IRS Form 990-PF. It paid out $158K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What is Kovack Family Charitable Foundation's EIN?

Kovack Family Charitable Foundation's EIN (Employer Identification Number) is 83-6725585. IRS Form 990 filing data is available on this page for 2020–2024.

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

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