The Marie-Josee and Henry R Kravis
The Marie-Josee and Henry R Kravis Foundation is a private family foundation established in 1985 in New York City and currently based in West Palm Beach, Florida. The foundation was founded by Henry R. Kravis, a business financier and investor who co-founded Kohlberg Kravis Roberts & Co. (KKR), an asset manager specializing in private equity, fixed income, and capital markets. The foundation operates as a 501(c)(3) private grantmaking foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$68.2M
+45.2% YoY
Annual Giving
$45.2M
-17.8% YoY
Grant Count
56
-5.1% YoY
Avg Grant Size
$807K
-13.4% YoY
Under IRS private-foundation payout rules, The Marie-Josee and Henry R Kravis reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports primarily education, arts and culture (including museums), and social services. The foundation has demonstrated particular commitment to health, educational, and cultural institutions.
Grantmaking
Recent grants made by the foundation include:
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Geographic Focus
Where this funder awards grants
The foundation has historically focused on New York institutions with which the founders are affiliated. In recent years, funding has expanded to other communities where the Kravises spend time or have personal connections, including:
- Palm Beach, Florida
- Tulsa, Oklahoma
- Vail, Colorado
- South Florida (West Palm Beach area)
The relocation of the foundation from New York City to West Palm Beach suggests a gradual shift and expansion of funding toward Florida institutions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending November 2024:
- Total revenues: $67,557,855
- Total expenses: $46,301,609
- Total assets: $68,243,614
- Number of employees: 0
As of Fiscal Year Ending November 2023:
- Total revenues: $92,900,000
- Total expenses: $56,100,000
- Total assets: $47,000,000
Contact Information:
- Address: 700 NW 1st Ave Ste 1500, Miami, FL 33136-4118
- Telephone: 212-773-1262
- EIN: 13-3341521
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $68,243,614 | $46,987,368 | $10,230,751 |
| Revenue | $67,557,855 | $92,903,635 | $22,730,805 |
| Expenses | $46,301,609 | $56,147,018 | $56,893,802 |
| Qualifying Distributions | $45,406,332 | $55,167,018 | $56,063,802 |
| Net Investment Income | $54,954,577 | $71,608,893 | $19,851,460 |
| Distributable Amount | $1,644,468 | $1,418,456 | $127,895 |
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
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Columbia Univeristy ($6,562,500), Claremont Mckenna College ($5,000,000), Ichan School of Medicine at Mo ($5,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CN FOUNDATION KANSAS CITY, MO | GENERAL PURPOSE | $50,000 |
| MEMORIAL SLOAN-KETTERING CANCER CENTER NEW YORK, NY | GENERAL PURPOSE | $100,000 |
| FRIENDS OF THE HIGH LINE NEW YORK, NY | GENERAL PURPOSE | $20,000 |
| THE ROCKEFELLER UNIVERSITY NEW YORK, NY | GENERAL PURPOSE | $50,000 |
| MEMPHIS BROOKS MUSEUM OF ART Memphis, TN | GENERAL PURPOSE | $500,000 |
| CLAREMONT MCKENNA COLLEGE CLAREMONT, CA | GENERAL PURPOSE | $2,500,000 |
| CLAREMONT MCKENNA COLLEGE CLAREMONT, CA | GENERAL PURPOSE | $500,000 |
| CLAREMONT MCKENNA COLLEGE CLAREMONT, CA | GENERAL PURPOSE | $2,000,000 |
| CLAREMONT MCKENNA COLLEGE CLAREMONT, CA | GENERAL PURPOSE | $1,000,000 |
| CODEORG SEATTLE, WA | GENERAL PURPOSE | $250,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Henry R. Kravis - Founder and Chairman. A graduate of Claremont McKenna College and Columbia Business School, Kravis previously worked at Bear Stearns before co-founding KKR with his cousin George Roberts and investor Jerome Kohlberg. He serves as a trustee of Claremont McKenna College and has served as a trustee of Rockefeller University.
Marie-Josée Kravis - Co-founder. A prominent Canadian economist and active board member for numerous health, educational, and cultural institutions.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HENRY R KRAVIS | CHAIRMAN | 10 | — |
| MARIE-JOSEE KRAVIS | PRESIDENT | 0.5 | — |
| LEWIS M EISENBERG | TREASURER | 0.5 | — |
| JAMES GOLDRICK | SECRETARY | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has made significant gifts to major research and educational institutions in recent years, including major commitments to cancer research and scientific education. The foundation's recent activity reflects continued support for leading academic and medical institutions, with particular emphasis on research advancement and educational infrastructure.
Frequently Asked Questions
What does The Marie-Josee and Henry R Kravis fund?
The foundation supports primarily education, arts and culture (including museums), and social services. The foundation has demonstrated particular commitment to health, educational, and cultural institutions.
How do I apply for a grant from The Marie-Josee and Henry R Kravis?
Recent grants made by the foundation include: • Claremont McKenna College: $5,000,000 (2024) • The Rockefeller University: $5,000,000 (2024) • Claremont McKenna College: $2,500,000 (2024) The foundation made 38 grants totaling approximately $24.1 million in recent filings. The foundation does not maintain a public website and is described as neither accessible nor approachable regarding its giving strategies and priorities.
Where does The Marie-Josee and Henry R Kravis make grants?
The foundation has historically focused on New York institutions with which the founders are affiliated. In recent years, funding has expanded to other communities where the Kravises spend time or have personal connections, including: • Palm Beach, Florida • Tulsa, Oklahoma • Vail, Colorado • South Florida (West Palm Beach area) The relocation of the foundation from New York City to West Palm Beach suggests a gradual shift and expansion of funding toward Florida institutions.
What size grants does The Marie-Josee and Henry R Kravis award?
In 2024, The Marie-Josee and Henry R Kravis awarded 56 grants totaling $45.2M — an average of about $807K per grant, based on its IRS Form 990 filings.
How much is The Marie-Josee and Henry R Kravis required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Marie-Josee and Henry R Kravis reported a distributable amount of $1.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Marie-Josee and Henry R Kravis's EIN?
The Marie-Josee and Henry R Kravis's EIN (Employer Identification Number) is 13-3341521. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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