Koven Foundation
Koven Foundation is a private foundation based in Green Village, New Jersey. In 2025, it awarded grants for conservation, education, public good, and health, with recipients including land trusts, schools, community organizations, and a medical center foundation.
Koven Foundation at a glance
In short: Koven Foundation gave $244K across 42 grants in 2025 (avg $6K), mostly in New Jersey. 2% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $244,000
- -12.1% vs 2024
- Grants made (2025)
- 42
- +0.0% vs 2024
- Average grant
- $5,810
- -12.1% vs 2024
- Median grant
- $2,000
- Total assets
- $1,378,098
- +7.6% vs 2024
- New grantees (estimate)
- 2% first-time grantees (1 of 42, 2025)
- Primary geography
- New Jersey (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 Koven Foundation
- How to Apply
-
Contact Gus Koven and provide the organization’s name and purpose. The filing states there are no restrictions on awards.
- Contact
Application contact: Gus Koven
Mailing address: PO Box 52, Green Village, NJ 07935
Phone: (201) 259-1113
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Koven Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was New Jersey Highlands Coalition ($30K). Together the top 10 received $175K.
Grant Size Distribution
225 grants across all recorded years
The most common grant size was under $50K: 222 grants of 225 (99%).
Geographic Focus
Where this funder awards grants
The foundation is based in Green Village, New Jersey. In 2025, 58% of grant dollars went to recipients in New Jersey, 23% to Connecticut, 8% to Maryland, 4% to Maine, and 2% to California.
Grant Distribution by State
Share of 2025 grant dollars across all 42 itemized grants.
States
Cities
Is Koven Foundation open to new grantees?
2%
first-time grantees, 2025
In 2025, 1 of 42 grantees (2%) were first-time recipients. First grants averaged $1K; repeat grants $6K. How we count
Medians: $1K first-time, $2K repeat.
- 95% of 2025 grantees were also funded in 2024. Method
- Giving grew 21% from 2022 to 2025. Method
- In 2025 it paid out 183% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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 2019 to 2025, annual grant giving ranged from $140K (2019) to $340K (2021). In 2025 it made 42 grants totaling $244K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Jersey Highlands Coalition Boonton, NJ | Conservation | $30,000 |
| The Gunn School Washington Depot, CT | Education | $30,000 |
| Community Foundation for St Vincent Hebron, CT | Education | $25,000 |
| Harding Land Trust New Vernon, NJ | Conservation | $20,000 |
| St Timothys School Stevenson, MD | Education | $20,000 |
| Tewksbury Land Trust Oldwick, NJ | Conservation | $20,000 |
| Island Heritage Trust Deer Isle, ME | Public Good | $10,000 |
| Stevens Institute of Technology Hoboken, NJ | Education | $10,000 |
| Flemington Area Food Pantry Flemington, NJ | Public Good | $5,000 |
| Foundation for Morristown Medical Center Morristown, NJ | HEALTH | $5,000 |
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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 | $1,378,098 | $373,412 | $275,717 | $244,000 | 42 | $244,000 | $347,180 | $133,459 |
| 2024 | $1,280,403 | $288,334 | $301,489 | $277,500 | 42 | $277,500 | $265,091 | $137,014 |
| 2023 | $1,293,558 | $158,843 | $317,839 | $296,500 | 46 | $296,500 | $137,504 | $120,249 |
| 2022 | $1,452,554 | $89,351 | $225,817 | $200,900 | 45 | $200,900 | $65,820 | $129,774 |
| 2021 | $1,589,020 | $308,589 | $372,941 | $339,822 | 50 | $339,822 | $286,738 | $152,245 |
| 2020 | $1,653,372 | $495,127 | $246,633 | $221,800 | 31 | — | $473,937 | $126,977 |
| 2019 | $1,404,878 | $116,486 | $162,113 | $140,100 | 49 | — | $95,798 | $125,464 |
Under IRS private-foundation payout rules, Koven Foundation reported a distributable amount of $133K 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
No mission statement for the foundation is provided. Its 2025 grants included awards designated for conservation, education, public good, and health.
Among its grantees, the New Jersey Highlands Coalition says its mission is to protect and enhance the region’s natural, historic, and cultural resources. Harding Land Trust describes its work as conserving and managing lands in Harding Township. Island Heritage Trust says it conserves local landscapes and natural resources, maintains public access, and provides educational programming. Other grantees describe work that includes watershed protection and education, food and essentials for community members, and support for patient care and health programs.
Grantmaking
In 2025, the foundation made 42 grants totaling $244,000. Grant amounts ranged from $500 to $30,000, with a median of $2,000.
Notable 2025 grants included $30,000 to New Jersey Highlands Coalition and $20,000 to Harding Land Trust, both for conservation; $30,000 to The Gunn School and $25,000 to Community Foundation for St Vincent, for education; and $20,000 to Tewksbury Land Trust for conservation. Other grants included $10,000 to Island Heritage Trust for public good and $5,000 each to Flemington Area Food Pantry for public good, Foundation for Morristown Medical Center for health, and Great Swamp Watershed Association for conservation.
Leadership & Key People
Leadership team and compensation from IRS filings
Gustav Koven is listed as a director.
Koven Foundation is led by Gustav Koven, Director on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Gustav Koven
Director
On filings since 2019
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Koven Foundation
How much does Koven Foundation give each year?
Koven Foundation gave $244K across 42 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $278K across 42 grants.
What is Koven Foundation's typical grant size?
Koven Foundation's median grant in 2025 was $2,000, and its average grant was $5,810, across 42 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Koven Foundation that year got $1K on average.
Where does Koven Foundation give grants?
Koven Foundation gives mostly in New Jersey: 58% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Connecticut (23%) and Maryland (8%). The most frequent recipient cities were Oldwick, NJ (4 grants), Flemington, NJ (3 grants), New Vernon, NJ (2 grants) and Morristown, NJ (2 grants).
Does Koven Foundation give general operating support?
Not in 2025: none of the 42 grants with a stated purpose on Koven Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Conservation" (14 grants), "Public Good" (14 grants) and "Education" (7 grants).
Who are Koven Foundation's largest grantees?
Koven Foundation's largest 2025 grantees include New Jersey Highlands Coalition ($30,000), The Gunn School ($30,000) and Community Foundation for St Vincent ($25,000), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.
How large is Koven Foundation?
Koven Foundation reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $244K in qualifying distributions that year, against a required minimum of $133K (roughly 5% of its investment assets).
What does Koven Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included awards designated for conservation, education, public good, and health. See mission & focus areas ↑
How do I apply for a grant from Koven Foundation?
Contact Gus Koven and provide the organization’s name and purpose. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Koven Foundation's EIN?
Koven Foundation's EIN (Employer Identification Number) is 22-6028758. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 16, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
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Cite this profile
Grantable. (2026). Koven Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/koven-foundation-morg_d6cd192907584e7098e6b008ae323f61
BibTeX
@misc{grantable_226028758_2026,
author = {{Grantable}},
title = {{Koven Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/koven-foundation-morg_d6cd192907584e7098e6b008ae323f61},
note = {Accessed 2026-10-12. 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 Koven 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.
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