Stuart and Nicole Kovensky Family Foundation
The Stuart and Nicole Kovensky Family is a private foundation based in Charlottesville, Virginia. Its 2024 filing reports grants to charitable organizations and states that the foundation contributes only to preselected organizations; it does not accept unsolicited requests for funds.
Stuart and Nicole Kovensky Family Foundation at a glance
In short: Stuart and Nicole Kovensky Family Foundation gave $84K across 24 grants in 2024 (avg $4K), top state Massachusetts. 13% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $84,499
- +88.7% vs 2023
- Grants made (2024)
- 24
- -20.0% vs 2023
- Average grant
- $3,521
- +135.9% vs 2023
- Median grant
- $650
- Total assets
- $1,389,848
- +14.4% vs 2023
- New grantees (estimate)
- 13% first-time grantees (3 of 24, 2024; small sample)
- Primary geography
- Massachusetts (36% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Stuart and Nicole Kovensky Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation contributes only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: C/O Silvercrest 230 Court Square, Charlottesville, VA 22902
Phone: (434) 977-4420
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Stuart and Nicole Kovensky Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Rally to Give Foundation Inc ($29K). Together the top 10 received $78K.
Grant Size Distribution
161 grants across all recorded years
The most common grant size was under $50K: 161 grants of 161 (100%).
Geographic Focus
Where this funder awards grants
In 2024, grant dollars were distributed among recipients in Massachusetts (36%), New York (27%), New Jersey (18%), Vermont (16%), and California (1%). The listed grants also included recipients in Connecticut and other states.
Grant Distribution by State
Share of 2024 grant dollars across all 24 itemized grants.
States
Cities
Is Stuart and Nicole Kovensky Family Foundation open to new grantees?
13%
first-time grantees, 2024
In 2024, 3 of 24 grantees (13%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $719; repeat grants $4K. How we count
Medians: $1K first-time, $600 repeat.
- 50% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+15%). Method
- In 2024 it paid out 136% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2020 to 2024, annual grant giving ranged from $45K (2023) to $138K (2020). In 2024 it made 24 grants totaling $84K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rally to Give Foundation Inc Concord, MA | General | $28,750 |
| CTC Academy Fair Lawn, NJ | General | $15,300 |
| Kenya Drylands Education Fund Manchester, VT | General | $12,000 |
| Mount Kisco Children Care Center Mt Kisco, NY | General | $9,570 |
| Congregation B'nai Yisrael Armonk, NY | General | $5,266 |
| Cystic Fibrosis Foundation New York, NY | General | $3,000 |
| Pan Mass Challengejimmy Fund Needham, MA | General | $1,266 |
| Go Fund ME West Hollywood, CA | General | $1,000 |
| Save the Sound New Haven, CT | General | $1,000 |
| Tina's Wish New York, NY | General | $1,000 |
Ready to take the next step with Stuart and Nicole Kovensky Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,389,848 | $269,621 | $94,897 | $84,499 | 24 | $84,499 | $265,223 | $62,097 |
| 2023 | $1,215,124 | $67,394 | $51,086 | $44,774 | 30 | $44,774 | $62,705 | $60,820 |
| 2022 | $1,198,816 | $95,723 | $94,438 | $79,678 | 27 | $79,678 | $90,938 | $62,835 |
| 2021 | $1,197,531 | $130,493 | $85,485 | $73,195 | 35 | $73,195 | $125,954 | $61,084 |
| 2020 | $1,152,523 | $22,897 | $155,602 | $137,690 | 45 | — | $68,798 | $61,664 |
Under IRS private-foundation payout rules, Stuart and Nicole Kovensky Family Foundation reported a distributable amount of $62K for 2024 — 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 foundation mission is stated in the available information. Its 2024 grants included support for organizations with varied missions. For example, Save the Sound says its mission is to protect and improve the land, air, and water of the Long Island Sound region. Vermont Foodbank says it gathers and shares food so that no one in Vermont will go hungry. Soul Ryeders says it provides resources, programs, and community support to people in the New York tri-state area affected by cancer. These are the grantees’ own descriptions of their work.
Grantmaking
In 2024, the foundation made 24 grants totaling $84,499. Grant amounts ranged from $100 to $28,750, with a median of $650. Its largest grants included:
The filing also lists $1,000 grants to Save the Sound and Tina’s Wish, among other recipients. Save the Sound describes its work as protecting and improving the Long Island Sound region’s land, air, and water.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Stuart R. Kovensky as “PRESIDENT &T” and Nicole Greene Kovensky as “CHAIRMAN & S.”
Stuart and Nicole Kovensky Family Foundation is led by Stuart R. Kovensky, President & T on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Stuart R. Kovensky
President & T
On filings since 2020
0.1 hrs/week
No compensation reported
Nicole Greene Kovensky
Chairman & S
On filings since 2020
0.1 hrs/week
No compensation reported
Former officers (1)
- Former: Hume R. Steyer (2020–2021) — Assistant Secretary
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 Stuart and Nicole Kovensky Family Foundation
How much does Stuart and Nicole Kovensky Family Foundation give each year?
Stuart and Nicole Kovensky Family Foundation gave $84K across 24 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $45K across 30 grants.
What is Stuart and Nicole Kovensky Family Foundation's typical grant size?
Stuart and Nicole Kovensky Family Foundation's median grant in 2024 was $650, and its average grant was $3,521, across 24 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Stuart and Nicole Kovensky Family Foundation that year got $719 on average.
Where does Stuart and Nicole Kovensky Family Foundation give grants?
Stuart and Nicole Kovensky Family Foundation's top state is Massachusetts, with 36% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (27%) and New Jersey (18%). The most frequent recipient cities were New York, NY (5 grants), Armonk, NY (3 grants) and Mt Kisco, NY (2 grants).
Does Stuart and Nicole Kovensky Family Foundation give general operating support?
Yes: 100% of Stuart and Nicole Kovensky Family Foundation's 2024 grants with a stated purpose (24 of 24) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Stuart and Nicole Kovensky Family Foundation's largest grantees?
Stuart and Nicole Kovensky Family Foundation's largest 2024 grantees include Rally to Give Foundation Inc ($28,750), CTC Academy ($15,300) and Kenya Drylands Education Fund ($12,000), according to its 2024 IRS Form 990-PF. Together they received 66% of its itemized 2024 grant dollars.
How large is Stuart and Nicole Kovensky Family Foundation?
Stuart and Nicole Kovensky Family Foundation reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $84K in qualifying distributions that year, against a required minimum of $62K (roughly 5% of its investment assets).
What does Stuart and Nicole Kovensky Family Foundation fund?
No foundation mission is stated in the available information. Its 2024 grants included support for organizations with varied missions. For example, Save the Sound says its mission is to protect and improve the land, air, and water of the Long Island Sound region. See mission & focus areas ↑
How do I apply for a grant from Stuart and Nicole Kovensky Family Foundation?
The foundation contributes only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Stuart and Nicole Kovensky Family Foundation's EIN?
Stuart and Nicole Kovensky Family Foundation's EIN (Employer Identification Number) is 38-3859398. IRS Form 990 filing data is available on this page for 2020–2024.
Does Stuart and Nicole Kovensky Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Stuart and Nicole Kovensky Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Stuart and Nicole Kovensky Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
United Way Worldwide
Alexandria, VA
United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.
Assets
$68.0M
Grants
209
Total Given
$11.4M
Synchrony Foundation
Stamford, CT
In 2024, Synchrony Foundation supported charitable organizations across workforce development, education, financial assistance, and giving, with grants ranging from $150 to $2.6 million and a median of $10,000. Its largest shares of grant funding went to Connecticut, New York, and South Carolina, followed by the District of Columbia and New Jersey; it does not accept unsolicited requests and funds preselected organizations only.
Assets
$72.3M
Grants
394
Total Given
$20.5M
Mutual of America Foundation
New York, NY
Assets
$136K
Grants
539
Total Given
$839K
Community Foundation of New Jersey
Morristown, NJ
The Community Foundation of New Jersey supports a broad range of causes, including arts, education, health, human services, and the environment, through donor-directed and other charitable funds. Its 2024 itemized grants had a median of $19,759, with awards ranging widely; its current health grant opportunity serves Morris and Somerset counties. Eligible New Jersey nonprofits may apply to specific grant opportunities, subject to each opportunity’s guidelines.
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
More similar funders
More Funders in Virginia
Cite this profile
Grantable. (2026). Stuart and Nicole Kovensky Family Foundation funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/stuart-and-nicole-kovensky-family-foundation-morg_44b6bae54c8945ae8f2254aa60380fa8
BibTeX
@misc{grantable_383859398_2026,
author = {{Grantable}},
title = {{Stuart and Nicole Kovensky Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/stuart-and-nicole-kovensky-family-foundation-morg_44b6bae54c8945ae8f2254aa60380fa8},
note = {Accessed 2026-10-23. 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 Stuart and Nicole Kovensky Family 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.
Stuart and Nicole Kovensky Family Foundation down — hundreds of funders to go?