The Kangesser Foundation

NEWTON, MA EIN: 34-6529478

The Kangesser Foundation is a private foundation, based in NEWTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 7 grants totaling $245K. Net investment income was $313K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.4M

+11.8% YoY

Annual Giving

$245K

+127.9% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$35K

+127.9% YoY

About The Kangesser Foundation

Based on IRS filings

The Kangesser Foundation is a private foundation, based in NEWTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 7 grants totaling $245K. Net investment income was $313K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BeachwoodBostonClevelandCleveland HeightsShaker HeightsWalthamWickliffe

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$94K$188K$282K$376K20202021202220232024
Metric202420232022
Total Assets$3,351,266$2,997,699$2,585,808
Revenue$342,080$87,914$36,100
Expenses$278,025$135,319$132,474
Qualifying Distributions$248,287$111,110$106,751
Net Investment Income$313,142$63,705$25,924
Distributable Amount$174,273$139,541$137,612

Giving Over Time

Total grant dollars and number of grants per year

$0$61K$123K$184K$245K7 grants20207 grants20218 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

COMBINED JEWISH PHILANTH…$115KJOSEPH AND FLORENCE MAND…$60KHATHAWAY BROWN SCHOOL$40KJEWISH FAMILY & CHILDREN…$12KBRIGHAM AND WOMEN'S HOSP…$8KHEBREW ACADEMY OF CLEVEL…$6KJEWISH FEDERATION OF CLE…$5K

Grant Size Distribution

36 grants across all recorded years

33<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
HEDY KANGESSER ADLERPRESIDENT/TREASURER2
DAVID F ADLERSECRETARY2

Related Funders

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

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