Steven M & Linda V Koffman Foundation

Private foundation · Grantmaker Binghamton, NY EIN: 22-2932359

Steven M & Linda V Koffman Foundation is a private foundation, based in Binghamton, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33K in total assets. In 2024, it awarded 3 grants totaling $11K. Net investment income was $5K.

Key facts about Steven M & Linda V Koffman Foundation

In short: Steven M & Linda V Koffman Foundation gave $11K across 3 grants in 2024 (avg $4K), top state California. Source: 2024 IRS Form 990-PF.

EIN
22-2932359
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$11,000
Grants made (2024)
3
Average grant
$3,667
Median grant
$5,000
Total assets
$33,136
Primary geography
California (45% 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

$33K

-14.8% YoY

Annual Giving

$11K

-17.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$4K

-17.0% YoY

Under IRS private-foundation payout rules, Steven M & Linda V Koffman Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

How Steven M & Linda V Koffman Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−3%). Method
  • In 2024 it paid out 574% of 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

4states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

Redwood CityClieftonCortlandJacksonSaddle River

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2020 1 grant2021 1 grant2022 3 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $8K (2022) to $13K (2023). In 2024 it made 3 grants totaling $11K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Malawi Children's Mission: $5KMalawi Children's Mission$5KChildren's of Mississippi: $5KChildren's of Mississippi$5KSaddle River Day School: $1KSaddle River Day School$1K

The largest 2024 recipient was Malawi Children's Mission ($5K). Together the top 3 received $11K.

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Malawi Children's Mission Redwood City, CAGen. Charitable$5,000
Children's of Mississippi Jackson, MSGen. Charity$5,000
Saddle River Day School Saddle River, NJGen. Charity$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K$20K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$33,136$38,901$50,034
Revenue$7,198$3,226$3,845
Expenses$12,963$14,359$8,854
Qualifying Distributions$12,937$14,298$8,696
Net Investment Income$5,472$2,375$2,927
Distributable Amount$2,255$2,495$2,838

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

Steven M & Linda V Koffman Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Linda V. Koffman

    Trustee

    On filings since 2020

    No compensation reported

  • Steven M. Koffman

    Trustee

    On filings since 2020

    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 Steven M & Linda V Koffman Foundation

How much does Steven M & Linda V Koffman Foundation give each year?

Steven M & Linda V Koffman Foundation gave $11K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $13K across 3 grants.

What is Steven M & Linda V Koffman Foundation's typical grant size?

Steven M & Linda V Koffman Foundation's median grant in 2024 was $5,000, and its average grant was $3,667, across 3 grants on its 2024 IRS Form 990-PF.

Where does Steven M & Linda V Koffman Foundation give grants?

Steven M & Linda V Koffman Foundation's top state is California, with 45% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Mississippi (45%) and New Jersey (9%).

Does Steven M & Linda V Koffman Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Steven M & Linda V Koffman Foundation's 2024 IRS Form 990-PF were described as general or operating support.

How large is Steven M & Linda V Koffman Foundation?

Steven M & Linda V Koffman Foundation reported $33K in total assets on its 2024 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What is Steven M & Linda V Koffman Foundation's EIN?

Steven M & Linda V Koffman Foundation's EIN (Employer Identification Number) is 22-2932359. 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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