The Krugman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 6 grants totaling $200K. Net investment income was $118K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
-2.8% YoY
Annual Giving
$200K
+83.5% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$33K
-8.3% YoY
Under IRS private-foundation payout rules, The Krugman Family Foundation reported a distributable amount of $154K for 2024 — the minimum it must pay out in qualifying distributions.
About The Krugman Family Foundation
Based on IRS filings
The Krugman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 6 grants totaling $200K. Net investment income was $118K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,937,680 | $3,021,552 | $3,072,626 |
| Revenue | $143,036 | $90,551 | $36,495 |
| Expenses | $226,908 | $141,625 | $125,259 |
| Qualifying Distributions | $200,000 | $113,933 | $97,637 |
| Net Investment Income | $118,128 | $83,827 | $38,181 |
| Distributable Amount | $154,289 | $146,068 | $150,005 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boston University - Infrastructure Endowment Fund ($100,000), National Gallery of Art ($25,000), Blair Academy ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON UNIVERSITY - INFRASTRUCTURE ENDOWMENT FUND BOSTON, MA | ENDOWMENT TO SUPPORT TECHNOLOGY FOR ADVANCEMENT OF RESEARCH, EDUCATION AND ADMINISTRATION | $100,000 |
| METROPOLITAN OPERA ASSOCIATION NEW YORK, NY | GENERAL SUPPORT | $15,000 |
| NATIONAL GALLERY OF ART WASHINGTON, DC | GENERAL SUPPORTGENERAL SUPPORT | $25,000 |
| BLAIR ACADEMY BLAIRSTOWN, NJ | GENERAL SUPPORT | $25,000 |
| CENTRAL PARK CONSERVANCY NEW YORK, NY | GENERAL SUPPORT | $25,000 |
| THE METROPOLITAN MUSEUM OF ART NEW YORK, NY | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CANDACE K BEINECKE | TRUSTEE | 0.25 | — |
| JAMES D KRUGMAN | TRUSTEE | 0.25 | — |
| MICHAEL F KRUGMAN | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Krugman Family Foundation?
The Krugman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $2.9M in total assets as of 2024.
How large is The Krugman Family Foundation?
As of 2024, The Krugman Family Foundation holds $2.9M in total assets with $143K in annual revenue. It awarded 6 grants totaling $200K in 2024.
Where does The Krugman Family Foundation operate?
The Krugman Family Foundation has awarded grants in District of Columbia, Massachusetts, Maryland, New Jersey, New York.
What size grants does The Krugman Family Foundation award?
In 2024, The Krugman Family Foundation awarded 6 grants totaling $200K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is The Krugman Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Krugman Family Foundation reported a distributable amount of $154K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Krugman Family Foundation's EIN?
The Krugman Family Foundation's EIN (Employer Identification Number) is 81-6999346. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Krugman Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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