The Krasne Foundation Inc
The Krasne Foundation Inc. is a private foundation based in New York, NY, established in 1948. It is designated as a 501(c)(3) organization and operates as a corporate foundation affiliated with Krasdale Foods Inc., which is based in White Plains, NY. The foundation focuses on providing general unrestricted grants to organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-26.9% YoY
Annual Giving
$1.1M
-24.4% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$155K
-35.2% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Health Care
The foundation's stated purpose includes reversing expenses from 2020.
Grantmaking
The foundation made six grants in 2024, totaling $1,085,000 in giving. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York and Connecticut.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
| Metric | Amount |
|---|---|
| Total Assets | $2,561,310 |
| Total Revenue | $149,038 |
| Total Expenses | $1,091,477 |
| Total Liabilities | $0 |
| Net Income | -$942,439 |
Revenue Composition (2024)
- Investment income and dividends: $149,038
- Contributions received: $0
Year-over-Year Changes (2023 to 2024)
- Total grants and contributions decreased from $1,000,000 to $0 (-100%)
- Investment income declined from $167,589 to $149,038 (-11.1%)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,561,310 | $3,503,749 | $3,774,533 |
| Revenue | $149,038 | $1,167,633 | $1,004,577 |
| Expenses | $1,091,477 | $1,438,417 | $388,658 |
| Qualifying Distributions | $1,089,200 | $1,438,150 | $388,658 |
| Net Investment Income | $149,028 | $167,491 | $4,577 |
| Distributable Amount | $143,651 | $155,404 | $147,270 |
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
30 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES A KRASNE | PRESIDENT | 2 | — |
| KENNETH KRASNE | VICE PRESIDENT/SECRETARY | 1 | — |
| THATCHER KRASNE | TREASURER | 1 | — |
| KIM KRASNE BACON | DIRECTOR | 1 | — |
| STEVEN LOEB ESQ | DIRECTOR | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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