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

Avg Grant Size

$2K

Under IRS private-foundation payout rules, Propp Foundation Inc reported a distributable amount of $124 for 2024 — the minimum it must pay out in qualifying distributions.

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

Ready to take the next step with Propp Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

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

Florida $1.1M (88%)

New York $148K (11%)

New Jersey $4K (0%)

Michigan $2K (0%)

Massachusetts $2K (0%)

Ohio $1K (0%)

District of Columbia $750 (0%)

States

District of Columbia Florida Massachusetts Michigan New Jersey New York Ohio

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

Metric	2024	2023	2022
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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

90 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Westchester Day School ($2,324).

Recipient	Purpose	Amount
WESTCHESTER DAY SCHOOL MAMARARONECK, NY	FOR GENERAL OPERATING CHARITABLE NEEDS OF RECIPIENT ORGANIZATION	$2,324

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

Name	Title	Hours	Compensation
MORRIS PROPP	DIRECTOR	2	—
HELEN HELLER	DIRECTOR	0.5	—
GAIL PROPP	DIRECTOR	2	—
DOUGLAS PROPP	DIRECTOR	0.5	—
CHARLES RUDANSKY	DIRECTOR	1	—

Frequently Asked Questions

What does Propp Foundation Inc fund?

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

How do I apply for a grant from Propp Foundation Inc?

**Recent Grant Activity:** • In 2024, the foundation made 26 grants totaling $2,324 • Recent grantee: Westchester Day School received $2,324 for general operating charitable needs **Grant Characteristics:** • Grants are typically designated for general operating charitable needs of recipient organizations • Grant sizes appear modest relative to the foundation's asset base

Where does Propp Foundation Inc make 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

What size grants does Propp Foundation Inc award?

In 2024, Propp Foundation Inc awarded 1 grants totaling $2K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Propp Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Propp Foundation Inc reported a distributable amount of $124 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.