The Krasne Foundation Inc
The Krasne Foundation Inc. is a private foundation based in New York, NY. Its 2025 filing reports grants to charitable organizations in New York and Tennessee, including a Jewish education organization, a synagogue, and a sailing foundation.
The Krasne Foundation Inc at a glance
In short: The Krasne Foundation Inc gave $55K across 3 grants in 2025 (avg $18K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $55,000
- -94.9% vs 2024
- Grants made (2025)
- 3
- -57.1% vs 2024
- Average grant
- $18,333
- -88.2% vs 2024
- Median grant
- $10,000
- Total assets
- $2,604,896
- +1.7% vs 2024
- Primary geography
- New York (82% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to The Krasne Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Co Cleary Gottlieb 1 Liberty Plaz, New York, NY 10006
Phone: (212) 225-2620
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Krasne Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was National Committee for the Furtherance of Jewish Education ($35K). Together the top 3 received $55K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was in the $100–250K range: 10 grants of 22 (45%).
Geographic Focus
Where this funder awards grants
In 2025, 82% of grant dollars went to recipients in New York and 18% to recipients in Tennessee.
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How The Krasne Foundation Inc gives
- Giving fell 86% from 2022 to 2025. Method
- In 2025 it paid out 47% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $55K (2025) to $1.4M (2023). In 2025 it made 3 grants totaling $55K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Committee for the Furtherance of Jewish Education Brooklyn, NY | General Support | $35,000 |
| Bet Am Shalom Synagogue White Plains, NY | General Support | $10,000 |
| The Usmma Sailing Foundation Inc Spring Hills, TN | General Support | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,604,896 | $105,033 | $61,447 | $55,000 | 3 | $59,240 | $105,013 | $124,922 |
| 2024 | $2,561,310 | $149,038 | $1,091,477 | $1,085,000 | 7 | $1,089,200 | $149,028 | $143,651 |
| 2023 | $3,503,749 | $1,167,633 | $1,438,417 | $1,435,000 | 6 | $1,438,150 | $167,491 | $155,404 |
| 2022 | $3,774,533 | $1,004,577 | $388,658 | $385,000 | 4 | $388,658 | $4,577 | $147,270 |
| 2021 | $3,158,614 | $1,002,400 | $184,670 | $180,000 | 2 | $183,422 | — | $112,705 |
| 2020 | $2,340,884 | $501,582 | $349,150 | $346,500 | 11 | — | $1,457 | $105,182 |
| 2019 | $2,188,452 | $10,402 | $82,619 | $80,000 | 2 | — | $10,277 | $109,858 |
Under IRS private-foundation payout rules, The Krasne Foundation Inc reported a distributable amount of $125K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. One 2025 grantee, The USMMA Sailing Foundation Inc., describes its own mission as supporting the United States Merchant Marine Academy and other 501(c)(3) organizations, and conducting maritime education and training.
Grantmaking
The foundation reported 3 grants totaling $55,000 in 2025. Those grants ranged from $10,000 to $35,000, with a median of $10,000. Its reported grant totals were $1,085,000 across 7 grants in 2024 and $1,435,000 across 6 grants in 2023.
The largest reported 2025 grant was $35,000 to the National Committee for the Furtherance of Jewish Education in Brooklyn, NY, for general support. Bet Am Shalom Synagogue in White Plains, NY, and The USMMA Sailing Foundation Inc. in Spring Hill, TN, each received $10,000 for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Charles A Krasne as president; Kenneth Krasne as vice president/secretary; Thatcher Krasne as treasurer; and Kim Krasne Bacon and Steven Loeb Esq as directors.
The Krasne Foundation Inc is led by Charles A. Krasne, President on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Charles A. Krasne
President
On filings since 2019
2 hrs/week
No compensation reported
Kim Krasne Bacon
Director
On filings since 2019
1 hr/week
No compensation reported
Steven Loeb Esq.
Director
On filings since 2019
1 hr/week
No compensation reported
Kenneth Krasne
Vice President & Secretary
On filings since 2019
1 hr/week
No compensation reported
Thatcher Krasne
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Krasne Foundation Inc
How much does The Krasne Foundation Inc give each year?
The Krasne Foundation Inc gave $55K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.1M across 7 grants.
What is The Krasne Foundation Inc's typical grant size?
The Krasne Foundation Inc's median grant in 2025 was $10,000, and its average grant was $18,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Krasne Foundation Inc give grants?
The Krasne Foundation Inc gives mostly in New York: 82% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (18%).
Does The Krasne Foundation Inc give general operating support?
Yes: 100% of The Krasne Foundation Inc's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Krasne Foundation Inc?
The Krasne Foundation Inc reported $2.6M in total assets on its 2025 IRS Form 990-PF. It paid out $59K in qualifying distributions that year, against a required minimum of $125K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Krasne Foundation Inc fund?
No mission statement for the foundation is provided. One 2025 grantee, The USMMA Sailing Foundation Inc., describes its own mission as supporting the United States Merchant Marine Academy and other 501(c)(3) organizations, and conducting maritime education and training. See mission & focus areas ↑
How do I apply for a grant from The Krasne Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Krasne Foundation Inc's EIN?
The Krasne Foundation Inc's EIN (Employer Identification Number) is 13-6112855. IRS Form 990 filing data is available on this page for 2019–2025.
Does The Krasne Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 23, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 20, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
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