The Kroon Foundation Inc

CHARLOTTESVILLE, VA EIN: 22-3299243

The Kroon Foundation Inc is a private, non-operating family foundation based in Charlottesville, Virginia. Established in 1993 in New Jersey, the foundation received its IRS ruling in 1994 and maintains its principal office at c/o Silvercrest, 230 Court Square, Charlottesville, VA 22902.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

-4.5% YoY

Annual Giving

$297K

+10.4% YoY

Grant Count

+2.6% YoY

Avg Grant Size

$7K

+7.6% YoY

Under IRS private-foundation payout rules, The Kroon Foundation Inc reported a distributable amount of $231K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation provides giving for education, human services, and religious organizations. According to available records, the foundation only makes contributions to preselected charitable organizations.

Grantmaking

The Kroon Foundation has demonstrated consistent grantmaking activity:

Grant Range

** Individual grants have ranged from $250 to $55,000

Average Grant

** $7,000

How to Apply

** The foundation makes contributions to preselected charitable organizations only

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in New Jersey and New York, with some activity in the District of Columbia.

Grant Distribution by State

New Jersey $767K (60%)

Connecticut $157K (12%)

New York $126K (10%)

Massachusetts $91K (7%)

Vermont $40K (3%)

District of Columbia $29K (2%)

Colorado $19K (1%)

Illinois $16K (1%)

+3 more states

States

Colorado Connecticut District of Columbia Illinois Indiana Massachusetts New Jersey New York Oregon Virginia Vermont

Cities

ArlingtonAsbury ParkBostonBronxCambridgeChicagoClintonColts NeckCos CobDenverDobbs FerryEugeneFair HavenFreeholdHighlandsHolmdelHopdaleLa GrangeLincroftLittle Silver

Financial History

Multi-year comparison from IRS filings

Total assets: $3,780,678 (most recent filing)
Annual income: $717,000
Asset growth: Total assets have grown from $3.2 million in 2011 to approximately $4 million in 2023
Tax deductibility: Contributions are tax deductible

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,780,678	$3,960,692	$4,214,683
Revenue	$131,336	$25,560	$-158,366
Expenses	$311,350	$279,551	$294,494
Qualifying Distributions	$297,415	$269,500	$277,550
Net Investment Income	$117,401	$71,647	$14,425
Distributable Amount	$231,241	$202,013	$216,008

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

185 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Red Bank Regional Source ($41,665), Yale University ($30,000), Environmental Defense Fund ($20,000).

Recipient	Purpose	Amount
ALZHEIMER'S ASSOCIATION CHICAGO, IL	GENERAL	$15,000
BROOKDALE COMMUNITY LINCROFT, NJ	GENERAL	$10,000
CLEAN OCEAN ACTION HIGHLANDS, NJ	GENERAL	$2,500
COMMUNITY YMCA RED BANK, NJ	GENERAL	$12,500
COMPASSION AND CHOICES DENVER, CO	GENERAL	$5,000
COVENANT HOUSE NEW YORK, NY	GENERAL	$2,000
CHICAGO BLACKHAWKS LA GRANGE, IL	GENERAL	$1,000
ENVIRONMENTAL DEFENSE FUND NEW YORK, NY	GENERAL	$20,000
FULFIL MANMOUTH AND OCEAN NEPTUNE TOWNSHIP, NJ	GENERAL	$1,000
FOOD FOR LANE COUNTY EUGENE, OR	GENERAL	$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

The principal officer is listed as Wood Struthers & Winthrop. The foundation is governed by 3 officers and trustees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RICHARD E KROON	PRESIDENT	0.05	—
DAVID FLEMING KROON	TRUSTEE	0.05	—
SARAH KROON CHILES	TRUSTEE	0.05	—

Contact Information

Telephone: 434-977-4420
EIN: 22-3299243

Frequently Asked Questions

What does The Kroon Foundation Inc fund?

How do I apply for a grant from The Kroon Foundation Inc?

The Kroon Foundation has demonstrated consistent grantmaking activity: • **Total grants made:** 106 grants totaling $705,000 (as of available records) • **Grant range:** Individual grants have ranged from $250 to $55,000 • **Average grant:** $7,000 • **Median grant:** $3,000 • **Recent giving:** Total giving of $297,415 (most recent filing); annual giving grew from $210,000 in 2020 to $278,000 in 2022 • **Recipient organizations:** The foundation has supported 52 unique organizations • **Applic…

Where does The Kroon Foundation Inc make grants?

The foundation primarily funds organizations in New Jersey and New York, with some activity in the District of Columbia.

What size grants does The Kroon Foundation Inc award?

In 2024, The Kroon Foundation Inc awarded 40 grants totaling $297K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is The Kroon Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kroon Foundation Inc reported a distributable amount of $231K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.