The NK Foundation

Foundation · Grantmaker Brooklyn, NY EIN: 81-3929625

The NK Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49K in total assets. In 2024, it awarded 1 grant totaling $35K.

Key facts about The NK Foundation

EIN
81-3929625
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$35,000
Grants made (2024)
1
Average grant
$35,000
Median grant
$35,000
Total assets
$49,338
Primary geography
New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How The NK Foundation gives

  • Giving grew 600% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$49K

-32.3% YoY

Annual Giving

$35K

-6.7% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$35K

+273.3% YoY

Under IRS private-foundation payout rules, The NK Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About The NK Foundation

Based on IRS filings

The NK Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49K in total assets. In 2024, it awarded 1 grant totaling $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Brooklyn

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11K$22K$32K$43K20202021202220232024
Metric202420232022
Total Assets$49,338$72,872$102,574
Revenue$12,491$8,823$39,212
Expenses$36,025$38,525$21,375
Qualifying Distributions$36,025$38,525$21,375
Net Investment Income———
Distributable Amount$3,076$4,257$3,487

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$19K$28K$38K1 grants20201 grants20213 grants20224 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Various -Schedule Available Upon Re: $35KVarious -Schedule AvailableUpon Re$35K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Various -Schedule Available Upon Re ($35,000).

RecipientPurposeAmount
VARIOUS -SCHEDULE AVAILABLE UPON RE Brooklyn, NYCHARITABLE$35,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Nathan KestenbaumTrustee——
Roisy KestenbaumTrustee——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The NK Foundation?

The NK Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. It holds $49K in total assets as of 2024.

How large is The NK Foundation?

As of 2024, The NK Foundation holds $49K in total assets with $12K in annual revenue. It awarded 1 grant totaling $35K in 2024.

Where does The NK Foundation operate?

The NK Foundation has awarded grants in New York.

What size grants does The NK Foundation award?

In 2024, The NK Foundation awarded 1 grant totaling $35K — an average of about $35K per grant, based on its IRS Form 990 filings.

How much is The NK Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The NK Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The NK Foundation's EIN?

The NK Foundation's EIN (Employer Identification Number) is 81-3929625. IRS Form 990 filing data is available on this page for 2020–2024.

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

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