Koven Foundation
Koven Foundation is an independent private foundation established in 1952, based in Green Village, New Jersey. The foundation operates as a 501(c)(3) organization with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-1.0% YoY
Annual Giving
$278K
-6.4% YoY
Grant Count
42
-8.7% YoY
Avg Grant Size
$7K
+2.5% YoY
Under IRS private-foundation payout rules, Koven Foundation reported a distributable amount of $137K for 2024 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
The foundation is based in Green Village, New Jersey.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2023):
- Total Assets: $1,293,558
- Total Giving: $296,500
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,280,403 | $1,293,558 | $1,452,554 |
| Revenue | $288,334 | $158,843 | $89,351 |
| Expenses | $301,489 | $317,839 | $225,817 |
| Qualifying Distributions | $277,500 | $296,500 | $200,900 |
| Net Investment Income | $265,091 | $137,504 | $65,820 |
| Distributable Amount | $137,014 | $120,249 | $129,774 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
214 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation for St Vincent ($69,500), New Jersey Highlands Coalition ($45,000), Harding Land Trust ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTER FOR RURAL PRESERVATION BEDMINSTER, NJ | CONSERVATION | $2,000 |
| COMMUNITY FOUNDATION FOR ST VINCENT HEBRON, CT | EDUCATION | $69,500 |
| FAIRMONT FIRE COMPANY LONG VALLEY, NJ | PUBLIC GOOD | $1,000 |
| FLEMINGTON AREA FOOD PANTRY FLEMINGTON, NJ | PUBLIC GOOD | $5,000 |
| FOUNDATION FOR MORRISTOWN MEDICAL CENTER MORRISTOWN, NJ | HEALTH | $5,000 |
| FRONTIER NURSING SERVICE VERSAILLES, KY | HEALTH | $1,000 |
| GEORGETOWN UNIVERSITY LAW CENTER WASHINGTON DEPOT, DC | EDUCATION | $2,000 |
| GREAT SWAMP WATERSHED ASSOCIATION MORRISTOWN, NJ | CONSERVATION | $5,000 |
| GREEN VILLAGE FIRE COMPANY GREEN VILLAGE, NJ | PUBLIC GOOD | $2,000 |
| HARDING LAND TRUST NEW VERNON, NJ | CONSERVATION | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GUSTAV KOVEN | DIRECTOR | 5 | — |
Contact Information
Address: PO Box 52, Green Village, NJ 07935-0052
Telephone: 201-259-1113
EIN: 22-6028758
Frequently Asked Questions
Where does Koven Foundation make grants?
The foundation is based in Green Village, New Jersey.
What size grants does Koven Foundation award?
In 2024, Koven Foundation awarded 42 grants totaling $278K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Koven Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Koven Foundation reported a distributable amount of $137K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Koven Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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