The Krone Foundation Inc
The Krone Foundation Inc is a private foundation based in Albany, New York. It reported 12 grants totaling $449,333 in filing year 2025, supporting organizations including Scouting America Foundation, the Smithsonian Institution, and Montreat Conference Center.
The Krone Foundation Inc at a glance
In short: The Krone Foundation Inc gave $449K across 12 grants in 2025 (avg $37K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $449,333
- +270.1% vs 2024
- Grants made (2025)
- 12
- +9.1% vs 2024
- Average grant
- $37,444
- +239.3% vs 2024
- Median grant
- $10,000
- Total assets
- $7,503,707
- +40.8% vs 2024
- Primary geography
- Texas (79% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Krone Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Co Goldman Sachs Ayco PO Box 15201, Albany, NY 12212-5201
Phone: (518) 640-5000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Krone Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Scouting America Foundation ($333K). Together the top 10 received $439K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 32 grants of 35 (91%).
Geographic Focus
Where this funder awards grants
In filing year 2025, 79% of grant dollars went to recipients in Texas, 11% to the District of Columbia, 4% to North Carolina, and 2% each to Virginia and Maryland.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
States
Cities
How The Krone Foundation Inc gives
- 33% of 2025 grantees were also funded in 2024. Method
- Giving grew 1697% from 2022 to 2025. Method
- In 2025 it paid out 132% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $10K (2019) to $449K (2025). In 2025 it made 12 grants totaling $449K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Scouting America Foundation Irving, TX | Sustaining | $333,333 |
| Smithsonian Institution Washington, DC | Sustaining | $25,000 |
| Montreat Conference Center Montreat, NC | Sustaining | $20,000 |
| Weta Leadership Circle Arlington, VA | Sustaining | $11,000 |
| University of Texas at Arlington Arlington, TX | Sustaining | $10,000 |
| The University of Texas at Austin Austin, TX | Sustaining | $10,000 |
| Rails to Trails Conservancy Washington, DC | Sustaining | $10,000 |
| Capital Area Food Bank Washington, DC | Sustaining | $10,000 |
| President and Fellows of Harvard College Cambridge, MA | Sustaining | $5,000 |
| Start the Adventure in Reading Annapolis Annapolis, MD | Sustaining | $5,000 |
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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 | $7,503,707 | $4,661,197 | $510,918 | $449,333 | 12 | $451,772 | $1,691,851 | $342,180 |
| 2024 | $5,328,519 | $2,812,837 | $173,808 | $121,400 | 11 | $123,729 | $1,222,039 | $299,447 |
| 2023 | $3,760,585 | $918,397 | $88,544 | $70,000 | 7 | $72,223 | $402,027 | $185,301 |
| 2022 | $3,249,909 | $59,346 | $51,448 | $25,000 | 4 | $28,605 | $57,869 | $180,855 |
| 2021 | $3,242,011 | $166,258 | $84,467 | $65,000 | 1 | $65,000 | $123,729 | $194,845 |
| 2020 | $3,160,220 | $86,816 | $73,917 | $55,000 | 1 | — | $70,784 | $180,186 |
| 2019 | $3,147,321 | $84,045 | $51,080 | $10,000 | 1 | — | $68,901 | $155,826 |
Under IRS private-foundation payout rules, The Krone Foundation Inc reported a distributable amount of $342K 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. Its 2025 grants went to organizations with varied missions. For example, the Smithsonian Institution says its mission is to increase and diffuse knowledge by preserving heritage, discovering new knowledge, and sharing resources. Montreat Conference Center says it serves the church by offering a place for spiritual commitment and renewal. The Capital Area Food Bank says it works to improve equitable access to food and opportunity through community partnerships.
Grantmaking
In filing year 2025, the foundation made 12 grants totaling $449,333. Grant amounts ranged from $5,000 to $333,333, with a median of $10,000; each grant was listed with the purpose “SUSTAINING.” The largest grant was $333,333 to Scouting America Foundation. Other notable grants included $25,000 to the Smithsonian Institution, $20,000 to Montreat Conference Center, and $11,000 to WETA Leadership Circle.
Other 2025 recipients included the University of Texas at Arlington and the University of Texas at Austin ($10,000 each), Rails to Trails Conservancy and Capital Area Food Bank ($10,000 each), and President and Fellows of Harvard College, Start the Adventure in Reading Annapolis, Light House, and DC SCORES ($5,000 each). The Rails to Trails Conservancy describes its work as building a nation connected by trails and making it safer for people to walk, bike, and be active outdoors. DC SCORES says it creates neighborhood teams to help children develop skills and confidence.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Roger A. Krone as president and director, and Helen B. Krone as secretary, treasurer, and director.
The Krone Foundation Inc is led by Roger A. Krone, President & Director since 2022 (on filings since 2019); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Roger A. Krone
President & Director
President - As Needed → President, 2020
President → President & Director, 2022
On filings since 2019
1 hr/week
No compensation reported
Helen B. Krone
Secretary, Treasurer & Director
Secretary & Treasurer-As Needed → Secretary & Treasurer, 2020
Secretary & Treasurer → Secretary, Treasurer & Director, 2022
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 Krone Foundation Inc
How much does The Krone Foundation Inc give each year?
The Krone Foundation Inc gave $449K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $121K across 11 grants.
What is The Krone Foundation Inc's typical grant size?
The Krone Foundation Inc's median grant in 2025 was $10,000, and its average grant was $37,444, across 12 grants on its 2025 IRS Form 990-PF.
Where does The Krone Foundation Inc give grants?
The Krone Foundation Inc gives mostly in Texas: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (11%). The most frequent recipient cities were Washington, DC (4 grants) and Annapolis, MD (2 grants).
Does The Krone Foundation Inc give general operating support?
Not in 2025: none of the 12 grants with a stated purpose on The Krone Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Sustaining" (12 grants).
Who are The Krone Foundation Inc's largest grantees?
The Krone Foundation Inc's largest 2025 grantees include Scouting America Foundation ($333,333), Smithsonian Institution ($25,000) and Montreat Conference Center ($20,000), according to its 2025 IRS Form 990-PF. Together they received 84% of its itemized 2025 grant dollars.
How large is The Krone Foundation Inc?
The Krone Foundation Inc reported $7.5M in total assets on its 2025 IRS Form 990-PF. It paid out $452K in qualifying distributions that year, against a required minimum of $342K (roughly 5% of its investment assets).
What does The Krone Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied missions. For example, the Smithsonian Institution says its mission is to increase and diffuse knowledge by preserving heritage, discovering new knowledge, and sharing resources. See mission & focus areas ↑
How do I apply for a grant from The Krone Foundation Inc?
The foundation states that it 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 Krone Foundation Inc's EIN?
The Krone Foundation Inc's EIN (Employer Identification Number) is 20-5810908. IRS Form 990 filing data is available on this page for 2019–2025.
Does The Krone Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 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 May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 3, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 27, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
Explore Open Grants
Browse active grant opportunities in The Krone Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Krone Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/the-krone-foundation-inc-morg_3f9f7472af094de5928d3123ad85680b
BibTeX
@misc{grantable_205810908_2026,
author = {{Grantable}},
title = {{The Krone Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-krone-foundation-inc-morg_3f9f7472af094de5928d3123ad85680b},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Krone Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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