The Leona and Ralph W Kern Foundation
The Leona and Ralph W Kern 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 $25.9M in total assets. In 2024, it awarded 7 grants totaling $777K. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.9M
+12.0% YoY
Annual Giving
$777K
+34.7% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$111K
-3.8% YoY
Under IRS private-foundation payout rules, The Leona and Ralph W Kern Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
About The Leona and Ralph W Kern Foundation
Based on IRS filings
The Leona and Ralph W Kern 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 $25.9M in total assets. In 2024, it awarded 7 grants totaling $777K. Net investment income was $1.2M.
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 | $25,917,431 | $23,142,504 | $20,514,666 |
| Revenue | $3,309,826 | $2,740,347 | $2,715,365 |
| Expenses | $824,560 | $682,522 | $610,201 |
| Qualifying Distributions | $1,132,281 | $895,687 | $600,201 |
| Net Investment Income | $1,152,638 | $950,512 | $515,365 |
| Distributable Amount | $1,127,639 | $1,004,890 | $915,847 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Metropolitan Opera ($166,667), New York City Ballet ($150,000), Hitchcock Center for the Environment ($135,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRACTURED ATLAS INC NEW YORK, NY | GENERAL PURPOSE | $50,000 |
| NATIONAL YIDDISH BOOK CENTER AMHERST, MA | GENERAL PURPOSE | $125,000 |
| NEW YORK CITY BALLET NEW YORK, NY | GENERAL PURPOSE | $150,000 |
| THE METROPOLITAN OPERA NEW YORK, NY | GENERAL PURPOSE | $166,667 |
| THE PHILHARMONIC SYMPHONY SOCIETY OF NY INC NEW YORK, NY | GENERAL PURPOSE | $100,000 |
| UNIVERSITY OF CHICAGO CHICAGO, IL | GENERAL PURPOSE | $50,000 |
| HITCHCOCK CENTER FOR THE ENVIRONMENT AMHERST, MA | GENERL PURPOSE | $135,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM D KERN | TRUSTEE, EXECUTIVE DIRECTOR | 3 | — |
| LEONA KERN | TRUSTEE | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Leona and Ralph W Kern Foundation?
The Leona and Ralph W Kern Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $25.9M in total assets as of 2024.
How large is The Leona and Ralph W Kern Foundation?
As of 2024, The Leona and Ralph W Kern Foundation holds $25.9M in total assets with $3.3M in annual revenue. It awarded 7 grants totaling $777K in 2024.
Where does The Leona and Ralph W Kern Foundation operate?
The Leona and Ralph W Kern Foundation has awarded grants in Illinois, Massachusetts, Maine, New York.
What size grants does The Leona and Ralph W Kern Foundation award?
In 2024, The Leona and Ralph W Kern Foundation awarded 7 grants totaling $777K — an average of about $111K per grant, based on its IRS Form 990 filings.
How much is The Leona and Ralph W Kern Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Leona and Ralph W Kern Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Leona and Ralph W Kern Foundation's EIN?
The Leona and Ralph W Kern Foundation's EIN (Employer Identification Number) is 37-6560613. 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.