The Bikubenfoundation New York Inc

Private foundation · Grantmaker New York, NY EIN: 58-2680849

The Bikubenfoundation New York Inc is a private foundation, based in New York, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $11.8M in total assets. In 2025, it made $471K in qualifying distributions.

Key facts about The Bikubenfoundation New York Inc

EIN
58-2680849
Latest 990 filing
Form 990-PF, 2025
Total assets
$11,765,638

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$11.8M

-5.3% YoY

Revenue

$115K

-83.0% YoY

Qualifying Distributions

$471K

+7.6% YoY

Expenses

$874K

+3.8% YoY

Under IRS private-foundation payout rules, The Bikubenfoundation New York Inc reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$500K$1M$1.5M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$11,765,638$12,418,699$12,472,041
Revenue$115,491$679,950$397,611
Expenses$874,235$842,216$946,601
Qualifying Distributions$470,882$437,693$542,078
Distributable Amount$19,701$4,350$7,580

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 12, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Bikubenfoundation New York Inc is led by Soeren Kaare-Andersen, Director & Board Chairperson since 2020 (on filings since 2019); 1 of 3 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Soeren Kaare-Andersen

    Director & Board Chairperson

    Director & President Wef → Director & Board Chairperson, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Irene Krarup

    Director & Treasurer

    Vice President & Director - Treasurer Wef → Director & Treasurer, 2020

    On filings since 2019

    5 hrs/week

    $10K (2021) → $14K (2025)

  • Niels Smedegaard

    Director & Secretary

    Director & Secr Wef → Director & Secretary, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Peter Hoejland (2019) — Former Director & Secr Wef

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Irene Krarup — Director/Treasurer: $14KIrene KrarupDirector/Treasurer$14K

The highest reported compensation on the 2025 filing was $14K, to Irene Krarup (Director/Treasurer).

Frequently asked questions about The Bikubenfoundation New York Inc

How large is The Bikubenfoundation New York Inc?

The Bikubenfoundation New York Inc reported $11.8M in total assets on its 2025 IRS Form 990-PF. It paid out $471K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).

What is The Bikubenfoundation New York Inc's EIN?

The Bikubenfoundation New York Inc's EIN (Employer Identification Number) is 58-2680849. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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