The Crb Family Foundation Inc

PALM BEACH, FL EIN: 13-3999708

The CRB Family Foundation Inc is a private foundation based in Palm Beach, Florida. The organization is also known as The Karev Foundation and CRB Philanthropies. It was established in 1998 and operates as an independent foundation with a focus on grantmaking activities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

-30.9% YoY

Annual Giving

$3.4M

-10.0% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$285K

-32.5% YoY

Under IRS private-foundation payout rules, The Crb Family Foundation Inc reported a distributable amount of $137K for 2024 — the minimum it must pay out in qualifying distributions.

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

Grantmaking

The foundation is an active grantmaker. In 2023, the foundation made 110 grants to various organizations. Recent grant recipients include:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $8.5M (71%)

New York $2.5M (21%)

Tennessee $265K (2%)

Pennsylvania $225K (2%)

District of Columbia $169K (1%)

California $105K (1%)

PW $61K (1%)

Massachusetts $60K (0%)

+9 more states

States

California District of Columbia Florida Georgia Illinois Indiana Massachusetts Missouri New Jersey New York Ohio Pennsylvania Pw Rhode Island Tennessee Utah

Cities

AllendaleAtlantaBeverly HillsBoca RatonBriarwoodBronxChicagoCincinnatiCoconut CreekDenisonDoralEncinoLong Island CityLos AngelesMemphisMerrickMiamiNashvilleNew YorkOjai

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

Total Assets: $4,040,548
Total Revenues: $421,255
Total Expenses: $3,923,658
Total Grants, Contributions, etc.: $37,400
Number of Employees: 0

The foundation is supported by Chasbro Investments Inc.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,792,288	$4,040,548	$7,637,925
Revenue	$2,567,516	$421,255	$7,500,782
Expenses	$3,479,763	$3,923,658	$2,096,281
Qualifying Distributions	$3,447,726	$3,890,486	$2,073,034
Net Investment Income	$185,832	$350,186	$114,323
Distributable Amount	$137,067	$252,848	$221,407

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

135 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jewish Federation of Pbc ($2,833,000), Charles Bronfman Prize Foundation ($350,000), Central Park Conservancy Inc ($100,000).

Recipient	Purpose	Amount
CENTRAL PARK CONSERVANCY INC NEW YORK, NY	AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE	$100,000
CHARLES BRONFMAN PRIZE FOUNDATION NEW YORK, NY	AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE	$350,000
CHILDREN'S MIRACLE NETWORK HOSPITALS SALT LAKE CITY, UT	AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE	$125
FOOD FOR THE POOR INC COCONUT CREEK, FL	AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE	$400
GLOBAL EMPOWERMENT MISSION DORAL, FL	AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE	$500
JEWISH FEDERATION OF PBC WEST PALM BEACH, FL	AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE	$2,833,000
JOINT COUNCIL OF ECONOMIC OPPORTUNITY PERU, NY	AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE	$500
MAIMONIDES EDUCATIONAL CENTER MERRICK, NY	AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE	$2,340
PEF ISRAEL ENDOWMENT FUNDS INC NEW YORK, NY	AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE	$24,600
THE JEWISH CLIMATE TRUST PALM BEACH, FL	AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE	$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
AMANDA LEVINE	VICE PRESIDENT	1	—
CHARLES R BRONFMAN	CHAIRMAN	2	—
ELLEN BRONFMAN HOFFMAN	SUCESSOR CO-CHAIR & VP	1	—
JEFFREY SOLOMON	PRESIDENT	2	—
JOHN HOOVER	SECRETARY	1	—
RICHARD DOYLE	TREASURER	1	—
STEPHEN R BRONFMAN	SUCESSOR CO-CHAIR & VP	1	—

Location & Contact

Address: 249 Royal Palm Way, Suite 501, Palm Beach, FL 33480-4311
Telephone: 561-802-3982
EIN: 13-3999708

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

How do I apply for a grant from The Crb Family Foundation Inc?

The foundation is an active grantmaker. In 2023, the foundation made 110 grants to various organizations. Recent grant recipients include: • The Charles R Bronfman Prize Foundation ($198,000 unrestricted grant, 2023) • Town of Palm Beach United Way ($7,500 unrestricted grant, 2023) • Jewish Funders Network ($5,486 unrestricted grant, 2023) • Icahn School of Medicine at Mount Sinai Grants are typically structured as unrestricted grants to further the donee's exempt purpose.

What size grants does The Crb Family Foundation Inc award?

In 2024, The Crb Family Foundation Inc awarded 12 grants totaling $3.4M — an average of about $285K per grant, based on its IRS Form 990 filings.

How much is The Crb Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Crb Family Foundation Inc reported a distributable amount of $137K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.