The KW Fund
The KW Fund is a private foundation focused on Philanthropy, based in Brooklyn, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.7M in total assets. In 2025, it awarded 3 grants totaling $694K. Net investment income was $607K.
Key facts about The KW Fund
In short: The KW Fund gave $694K across 3 grants in 2025 (avg $231K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- EIN
- 13-2895298
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $693,650
- Grants made (2025)
- 3
- Average grant
- $231,217
- Median grant
- $225,000
- Total assets
- $3,742,453
- Primary geography
- Massachusetts (60% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.7M
+6.0% YoY
Annual Giving
$694K
+5.3% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$231K
-29.8% YoY
Under IRS private-foundation payout rules, The KW Fund reported a distributable amount of $172K for 2025 — the minimum it must pay out in qualifying distributions.
How The KW Fund gives
- Giving held roughly steady from 2022 to 2025 (−1%). Method
- In 2025 it paid out 404% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $206K (2021) to $704K (2023). In 2025 it made 3 grants totaling $694K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Fidelity Charitable ($417K). Together the top 3 received $694K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 3 grants of 11 (27%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Boston, MA | To Further Exempt Purpose | $417,000 |
| Vanguard Charitable Endowment Progr Warwick, RI | To Further Exempt Purpose | $225,000 |
| The OJC Fund Brooklyn, NY | To Further Exempt Purpose | $51,650 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,742,453 | $3,529,463 | $3,709,478 |
| Revenue | $907,960 | $506,584 | $1,300,736 |
| Expenses | $694,970 | $686,599 | $707,242 |
| Qualifying Distributions | $693,650 | $658,800 | $704,000 |
| Net Investment Income | $607,436 | $255,347 | $1,040,736 |
| Distributable Amount | $171,732 | $187,197 | $170,541 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 13, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 18, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 17, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
The KW Fund's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Chanie Wallerstein
Director
On filings since 2019
No compensation reported
Fraida Chayn
Director
On filings since 2019
No compensation reported
Shmuel Wallerstein
Director
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 KW Fund
How much does The KW Fund give each year?
The KW Fund gave $694K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $659K across 2 grants.
What is The KW Fund's typical grant size?
The KW Fund's median grant in 2025 was $225,000, and its average grant was $231,217, across 3 grants on its 2025 IRS Form 990-PF.
Where does The KW Fund give grants?
The KW Fund gives mostly in Massachusetts: 60% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Rhode Island (32%) and New York (7%).
How large is The KW Fund?
The KW Fund reported $3.7M in total assets on its 2025 IRS Form 990-PF. It paid out $694K in qualifying distributions that year, against a required minimum of $172K (roughly 5% of its investment assets).
What is The KW Fund?
The KW Fund is a private foundation focused on Philanthropy, based in Brooklyn, NY. It holds $3.7M in total assets as of 2025.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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