The Raymond and Bessie Kravis Foundation
The Raymond and Bessie Kravis Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $45.3M in total assets. In 2024, it awarded 3 grants totaling $4.7M. Net investment income was $4.8M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$45.3M
+0.2% YoY
Annual Giving
$4.7M
-20.1% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$1.6M
+6.5% YoY
Under IRS private-foundation payout rules, The Raymond and Bessie Kravis Foundation reported a distributable amount of $2.6M for 2024 — the minimum it must pay out in qualifying distributions.
About The Raymond and Bessie Kravis Foundation
Based on IRS filings
The Raymond and Bessie Kravis Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $45.3M in total assets. In 2024, it awarded 3 grants totaling $4.7M. Net investment income was $4.8M.
Ready to take the next step with The Raymond and Bessie Kravis Foundation?
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 | $45,269,804 | $45,170,870 | $42,561,361 |
| Revenue | $4,965,279 | $8,709,165 | $6,025,264 |
| Expenses | $5,024,689 | $6,312,477 | $2,658,096 |
| Qualifying Distributions | $4,906,917 | $6,125,634 | $2,376,317 |
| Net Investment Income | $4,814,169 | $8,702,421 | $2,604,171 |
| Distributable Amount | $2,583,733 | $2,183,681 | $2,328,170 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sponsors for Educational Opportunity ($4,166,764), Raymond F Kravis Center for the Performing Arts ($500,000), Tulsa Public Schools ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SPONSORS FOR EDUCATIONAL OPPORTUNITY New York, NY | GENERAL | $4,166,764 |
| RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS West Palm Beach, FL | GENERAL | $500,000 |
| TULSA PUBLIC SCHOOLS TULSA, OK | GENERAL | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HENRY R KRAVIS | TRUSTEE | — | — |
| MARIE-JOSEE KRAVIS | TRUSTEE | — | — |
| ROBERT S KRAVIS | TRUSTEE | 0.5 | $45,469 |
| KIMBERLY R KRAVIS | TRUSTEE | 0.5 | $70,531 |
Frequently Asked Questions
How large is The Raymond and Bessie Kravis Foundation?
As of 2024, The Raymond and Bessie Kravis Foundation holds $45.3M in total assets with $5.0M in annual revenue. It awarded 3 grants totaling $4.7M in 2024.
Where does The Raymond and Bessie Kravis Foundation operate?
The Raymond and Bessie Kravis Foundation has awarded grants in Florida, North Carolina, New York, Oklahoma.
What size grants does The Raymond and Bessie Kravis Foundation award?
In 2024, The Raymond and Bessie Kravis Foundation awarded 3 grants totaling $4.7M — an average of about $1.6M per grant, based on its IRS Form 990 filings.
How much is The Raymond and Bessie Kravis Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Raymond and Bessie Kravis Foundation reported a distributable amount of $2.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Raymond and Bessie Kravis Foundation's EIN?
The Raymond and Bessie Kravis Foundation's EIN (Employer Identification Number) is 73-1393621. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Raymond and Bessie Kravis Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Raymond and Bessie Kravis Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Raymond and Bessie Kravis Foundation to a real strategy.