The Kodosky Foundation
The Kodosky Foundation is a private foundation based in Austin, Texas, established in 1996 to support philanthropic initiatives in the Central Texas community and beyond. The foundation was created by Jeff and Gail Kodosky following the success of National Instruments, which Jeff co-founded. The organization is classified as a 501(c)(3) entity and has been tax-exempt since March 1998.
Key facts about The Kodosky Foundation
- EIN
- 74-2802674
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $4,313,646
- Grants made (2024)
- 19
- Average grant
- $227,034
- Median grant
- $8,000
- New grantees (estimate)
- 5% first-time grantees (1 of 19, 2024)
- Primary geography
- Texas (99% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation operates on a preselected basis only and does not accept unsolicited applications for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Kodosky Foundation funds
By grant dollars, the top recipient states for The Kodosky Foundation's 19 itemized 2024 grants were Texas (99%). The most frequent recipient cities were Austin, TX (17 grants). None of its 19 grants with a stated purpose were described as general or operating support. Recurring purposes include "Organization's Exempt Purpose" (19 grants).
Is The Kodosky Foundation open to new grantees?
5%
first-time grantees, 2024
In 2024, 1 of 19 grantees (5%) were first-time recipients. First grants averaged $4.1M; repeat grants $13K. How we count
Medians: $4.1M first-time, $7K repeat.
- 95% of 2024 grantees were also funded in 2023. Method
- Giving grew 1480% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Kodosky Foundation
- How to evaluate The Kodosky Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to The Kodosky Foundation with AI
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$4.3M
+1311.5% YoY
Grant Count
19
-5.0% YoY
Avg Grant Size
$227K
+1385.8% YoY
Under IRS private-foundation payout rules, The Kodosky Foundation reported a distributable amount of $185K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's philanthropic priorities center on:
- Arts and Culture: Performing arts, museums, and children's museums
- Education: Higher education and STEM education initiatives
- Mathematics Education: Support for math curriculum development, teacher professional development, and summer math programs for K-12 students
The foundation's giving reflects a commitment to workforce development and educational excellence, with particular emphasis on strengthening mathematics and science education across Texas.
Grantmaking
Grant Range
$1,000 to $4,076,646
How to Apply
**
Ready to take the next step with The Kodosky Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds projects in:
- Texas: Austin and San Marcos
- New York: Troy and other locations
Grant Distribution by State
Share of all 19 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (2024):
- Total Assets: $3,623,132
- Total Expenses: $4,313,646
- Revenue: $42,500
- Annual Expenses: $334,444
Historical Context: The foundation has been actively involved in philanthropic efforts for over 30 years, distributing millions to support education, the performing arts, and various nonprofits and universities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $3,623,132 | $3,184,450 |
| Revenue | $42,504 | $773,126 | $511,001 |
| Expenses | $4,335,065 | $334,444 | $253,879 |
| Qualifying Distributions | $4,318,370 | $307,933 | $241,638 |
| Net Investment Income | $67,016 | $758,223 | $501,260 |
| Distributable Amount | $185,488 | $172,673 | $167,855 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
94 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Austin Community Foundation Inc ($4,076,646), Austin Opera ($55,000), Rensselaer Polytechnic Institute ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AUSTIN COMMUNITY FOUNDATION INC Austin, TX | ORGANIZATION'S EXEMPT PURPOSE | $4,076,646 |
| AUSTIN OPERA Austin, TX | ORGANIZATION'S EXEMPT PURPOSE | $55,000 |
| RENSSELAER POLYTECHNIC INSTITUTE Troy, NY | ORGANIZATION'S EXEMPT PURPOSE | $40,000 |
| AUSTIN SYMPHONY ORCHESTRA Austin, TX | ORGANIZATION'S EXEMPT PURPOSE | $25,000 |
| UNIVERSITY OF TEXAS AT AUSTIN Austin, TX | ORGANIZATION'S EXEMPT PURPOSE | $16,000 |
| AUSTIN CHAMBER MUSIC CENTER Austin, TX | ORGANIZATION'S EXEMPT PURPOSE | $15,000 |
| AUSTIN CLASSICAL GUITAR SOCIETY Austin, TX | ORGANIZATION'S EXEMPT PURPOSE | $15,000 |
| BALLET AUSTIN Austin, TX | ORGANIZATION'S EXEMPT PURPOSE | $15,000 |
| CONSPIRARE Austin, TX | ORGANIZATION'S EXEMPT PURPOSE | $15,000 |
| ARMSTRONG COMMUNITY MUSIC SCHOOL Austin, TX | ORGANIZATION'S EXEMPT PURPOSE | $8,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Jeffrey L. Kodosky — President, Treasurer, and Director
- Gail T. Kodosky — Vice President, Secretary, and Director
- Laura L. Walterman — Director
- Karen Kodosky Tips — Director
All directors serve without compensation.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jeffrey L Kodosky | Pres., Treas., & Director | 0.25 | — |
| Gail T Kodosky | Vice Pres., Secr., & Director | 0.25 | — |
| Laura L Walterman | Drector | 0.25 | — |
| Karen Kodosky Tips | Director | 0.25 | — |
Recent News & Activity
Recent developments and announcements
**Conspirare Support**: The foundation provided a $1 million gift to Austin's Conspirare, a performing arts organization.
Austin\u2019s Conspirare Receives $1 Million Gift From the Kodosky Foundation\**Mathworks Endowment**: In November 2010, Jeff and Gail Kodosky pledged $1.5 million to establish the Kodosky Foundation Mathworks Endowment at Texas State University in San Marcos. This consisted of a $300,000 outright donation and a $1.2 million challenge match to support summer math programs, teacher training, and math curriculum development. The match challenge was completed in December 2014.
Austin\u2019s Conspirare Receives $1 Million Gift From the Kodosky Foundation\**Ongoing Mathworks Support**: The foundation has continued to provide grants to Mathworks, including a $4,000 grant reported in 2022.
Kodosky Foundation Grants Mathworks $4,000**Donor-Advised Fund**: In addition to maintaining the private foundation, Jeff Kodosky established a donor-advised fund at the Austin Community Foundation in the early 2000s to supplement the family's charitable giving and test this alternative giving vehicle.
Austin\u2019s Conspirare Receives $1 Million Gift From the Kodosky Foundation\Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Kodosky Foundation fund?
The foundation's philanthropic priorities center on: • **Arts and Culture**: Performing arts, museums, and children's museums • **Education**: Higher education and STEM education initiatives • **Mathematics Education**: Support for math curriculum development, teacher professional development, and summer math programs for K-12 students The foundation's giving reflects a commitment to workforce development and educational excellence, with particular emphasis on strengthening mathematics and scie…
How do I apply for a grant from The Kodosky Foundation?
The foundation operates on a preselected basis only and does not accept unsolicited applications for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does The Kodosky Foundation make grants?
The foundation primarily funds projects in: • **Texas**: Austin and San Marcos • **New York**: Troy and other locations
What size grants does The Kodosky Foundation award?
In 2024, The Kodosky Foundation awarded 19 grants totaling $4.3M — an average of about $227K per grant, based on its IRS Form 990 filings.
How much is The Kodosky Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kodosky Foundation reported a distributable amount of $185K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Kodosky Foundation's EIN?
The Kodosky Foundation's EIN (Employer Identification Number) is 74-2802674. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Kodosky Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.