Propp Foundation Inc

JUPITER, FL EIN: 13-6098342

Propp Foundation Inc is a private foundation based in Jupiter, Florida, designated as a 501(c)(3) organization. The foundation has been tax-exempt since April 1933. It operates as a grantmaking foundation with a focus on supporting charitable organizations across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$160

-94.4% YoY

Annual Giving

$2K

Grant Count

1

Avg Grant Size

$2K

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary purpose is to invest in a publicly traded partnership to generate income for charitable distribution. Its funding priorities include:

  • Education
  • Religion
  • Human Services

Grantmaking

Grant Range

s appear modest relative to the foundation's asset base

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple U.S. locations, including:

  • Boca Raton, Florida
  • Boston, Massachusetts
  • Brooklyn, New York
  • New York, New York
  • Additional funding in states including Florida, Massachusetts, Michigan, and New York

Grant Distribution by State

7states

Cities

Boca RatonBostonBrooklynFt LauderdaleJupiterMamararoneckNew Hyde ParkNew YorkParamusPrincetonSouthfieldWashingtonWickliffe

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $160
  • Total Revenue: $0
  • Total Expenses: $2,680
  • Total Giving: $2,324

As of 2023:

  • Total Assets: $2,840
  • Total Revenue: $7
  • Total Expenses: $0

The foundation operates with minimal liquid assets and revenue, suggesting reliance on investment income from its publicly traded partnership holdings to fund its grantmaking activities.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$319K$639K$958K$1M20202021202220232024
Metric202420232022
Total Assets$160$2,840$2,833
Revenue$7$4,506
Expenses$2,680$1,161,273
Qualifying Distributions$2,329$42,000
Net Investment Income$7$4,506
Distributable Amount$124$140$2,466

Giving Over Time

Total grant dollars and number of grants per year

$0$290K$580K$869K$1M35 grants202026 grants202128 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

WESTCHESTER DAY SCHOOL$2K

Grant Size Distribution

90 grants across all recorded years

89<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by a board of directors serving without compensation:

  • Morris Propp
  • Helen Heller
  • Gail Propp
  • Douglas Propp
  • Charles Rudansky

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MORRIS PROPPDIRECTOR2
HELEN HELLERDIRECTOR0.5
GAIL PROPPDIRECTOR2
DOUGLAS PROPPDIRECTOR0.5
CHARLES RUDANSKYDIRECTOR1

Related Funders

Similar funders by location and focus area

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

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