The Kangesser Foundation
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
Under IRS private-foundation payout rules, The Kangesser Foundation reported a distributable amount of $174K for 2024 — the minimum it must pay out in qualifying distributions.
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Combined Jewish Philanthropies of Greater Boston Inc ($115,000), Joseph and Florence Mandel Jewish Day School ($60,000), Hathaway Brown School ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRIGHAM AND WOMEN'S HOSPITAL BOSTON, MA | CHARITABLE, CARDIOVASCULAR MEDICINE SUPPORT | $7,500 |
| COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC BOSTON, MA | CHARITABLE SUPPORT | $115,000 |
| HATHAWAY BROWN SCHOOL SHAKER HEIGHTS, OH | CHARITABLE ANNUAL FUND AND BUILDING FUND GENERAL SUPPORT | $40,000 |
| HEBREW ACADEMY OF CLEVELAND CLEVELAND HEIGHTS, OH | CHARITABLE SUPPORT | $5,500 |
| JEWISH FAMILY & CHILDREN'S SERVICES WALTHAM, MA | GENERAL CHARITABLE SUPPORT | $12,000 |
| JEWISH FEDERATION OF CLEVELAND CLEVELAND, OH | CHARITABLE CAMPAIGN FOR JEWISH NEEDS | $5,000 |
| JOSEPH AND FLORENCE MANDEL JEWISH DAY SCHOOL BEACHWOOD, OH | CAPITAL FUND AND ANNUAL FUND SUPPORT | $60,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEDY KANGESSER ADLER | PRESIDENT/TREASURER | 2 | — |
| DAVID F ADLER | SECRETARY | 2 | — |
Frequently Asked Questions
How large is The Kangesser Foundation?
As of 2024, The Kangesser Foundation holds $3.4M in total assets with $342K in annual revenue. It awarded 7 grants totaling $245K in 2024.
Where does The Kangesser Foundation operate?
The Kangesser Foundation has awarded grants in Massachusetts, Ohio.
What size grants does The Kangesser Foundation award?
In 2024, The Kangesser Foundation awarded 7 grants totaling $245K — an average of about $35K per grant, based on its IRS Form 990 filings.
How much is The Kangesser Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kangesser Foundation reported a distributable amount of $174K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Kangesser Foundation's EIN?
The Kangesser Foundation's EIN (Employer Identification Number) is 34-6529478. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Kangesser Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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