The Kw Fund

BROOKLYN, NY EIN: 13-2895298

The Kw Fund is a private foundation focused on Philanthropy, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 2 grants totaling $659K. Net investment income was $255K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.5M

-4.9% YoY

Annual Giving

$659K

-6.4% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$329K

-6.4% YoY

Under IRS private-foundation payout rules, The Kw Fund reported a distributable amount of $187K for 2024 — the minimum it must pay out in qualifying distributions.

About The Kw Fund

Based on IRS filings

The Kw Fund is a private foundation focused on Philanthropy, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 2 grants totaling $659K. Net investment income was $255K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BostonBrooklyn

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$358K$715K$1M$1M20202021202220232024
Metric202420232022
Total Assets$3,529,463$3,709,478$3,115,984
Revenue$506,584$1,300,736$121,267
Expenses$686,599$707,242$703,370
Qualifying Distributions$658,800$704,000$702,000
Net Investment Income$255,347$1,040,736$95,702
Distributable Amount$187,197$170,541$147,731

Giving Over Time

Total grant dollars and number of grants per year

$0$176K$352K$528K$704K2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

FIDELITY CHARITABLE$605KTHE OJC FUND$54K

Grant Size Distribution

10 grants across all recorded years

4<$50K1$50–100K1$100–250K1$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fidelity Charitable ($605,000), The Ojc Fund ($53,800).

RecipientPurposeAmount
FIDELITY CHARITABLE BOSTON, MATO FURTHER EXEMPT PURPOSE$605,000
THE OJC FUND BROOKLYN, NYTO FURTHER EXEMPT PURPOSE$53,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SHMUEL WALLERSTEINDIRECTOR1
CHANIE WALLERSTEINDIRECTOR
FRAIDA CHAYNDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Kw Fund?

The Kw Fund is a private foundation focused on Philanthropy, based in BROOKLYN, NY. It holds $3.5M in total assets as of 2024.

How large is The Kw Fund?

As of 2024, The Kw Fund holds $3.5M in total assets with $507K in annual revenue. It awarded 2 grants totaling $659K in 2024.

Where does The Kw Fund operate?

The Kw Fund has awarded grants in Massachusetts, New York.

What size grants does The Kw Fund award?

In 2024, The Kw Fund awarded 2 grants totaling $659K — an average of about $329K per grant, based on its IRS Form 990 filings.

How much is The Kw Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kw Fund reported a distributable amount of $187K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Kw Fund's EIN?

The Kw Fund's EIN (Employer Identification Number) is 13-2895298. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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