The Todd and Deborah Krasnow Foundation
The Todd and Deborah Krasnow Foundation is a private family foundation established in 1993 and based in North Palm Beach, Florida. The foundation is a 501(c)(3) tax-exempt organization with no employees, operating as a grantmaking entity focused on supporting charitable causes aligned with the founders' philanthropic vision.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-15.1% YoY
Annual Giving
$261K
-13.0% YoY
Grant Count
21
-12.5% YoY
Avg Grant Size
$12K
-0.5% YoY
Under IRS private-foundation payout rules, The Todd and Deborah Krasnow Foundation reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities center on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation emphasizes education as a core focus area, with leadership noting that education "connects very well to the Smithsonian's mission of expanding knowledge and educating and improving the world." The foundation's approach to philanthropy is rooted in a commitment to giving back, described as an act of patriotic philanthropy.
Grantmaking
The foundation makes general grants to selected organizations. Specific application procedures are not detailed in available sources.
Ready to take the next step with The Todd and Deborah Krasnow Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- Massachusetts
- Florida
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
- Total assets: $1,288,140
- Total revenues: $63,807
- Total expenses: $282,449
- Net income: -$218,642
- Net assets: $1,281,820
- Total liabilities: $6,320
Prior Year (2023):
- Total grants, contributions received: $1,163,800
- Investment income and dividends: $10,934
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,288,140 | $1,516,795 | $616,255 |
| Revenue | $63,807 | $1,206,879 | $5,459 |
| Expenses | $282,449 | $321,918 | $153,906 |
| Qualifying Distributions | $282,449 | $321,918 | $153,906 |
| Net Investment Income | $63,807 | $43,079 | $13,333 |
| Distributable Amount | $43,215 | $32,195 | $35,542 |
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
91 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Combined Jewish Philanthropies of Greater Boston Inc ($100,000), Smithsonian Institution ($100,000), Anti-defamation League ($14,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF NATAL INC NEW YORK, NY | GENERAL GRANT | $371 |
| ANTI-DEFAMATION LEAGUE NEW YORK, NY | GENERAL GRANT | $14,000 |
| C&S CHARITIES KEENE, NH | GENERAL GRANT | $1,000 |
| CARING BRIDGE BLOOMINGTON, MN | GENERAL GRANT | $500 |
| COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC BOSTON, MA | GENERAL GRANT | $100,000 |
| FLORIDIANS PROTECTING FREEDON MIAMI, FL | GENERAL GRANT | $258 |
| FRIENDS OF ISRAEL DEFENSE FORCES NEW YORK, NY | GENERAL GRANT | $5,000 |
| HILLEL WASHINGTON, DC | GENERAL GRANT | $1,800 |
| JEWISH NATIONAL FUND BOSTON, MA | GENERAL GRANT | $4,140 |
| MOISHE HOUSE ENCINITAS, CA | GENERAL GRANT | $11,836 |
Leadership & Key People
Leadership team and compensation from IRS filings
Todd Krasnow is the foundation's namesake and primary leader. He has had a distinguished career as an entrepreneur and business executive, serving as part of the founding management team at Staples and as president of the private equity firm Cobbs Capital. He serves as a chair and member of the advisory board of the Smithsonian Astrophysical Observatory.
Deborah Krasnow is co-founder of the foundation and partner in the family's philanthropic endeavors.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TODD KRASNOW | TRUSTEE/CHAIRMAN | 5 | — |
| DEBORAH KRASNOW | TRUSTEE | 5 | — |
Recent News & Activity
Recent developments and announcements
In 2021, Todd and Deborah Krasnow made a $1 million gift to the Smithsonian Astrophysical Observatory to support pioneering space science research. The gift supports the observatory's work in studying black holes, researching the magnetic field of the sun, and developing tools for the Giant Magellan Telescope to observe exoplanets.
Frequently Asked Questions
What does The Todd and Deborah Krasnow Foundation fund?
The foundation's giving priorities center on: • **Education** • **Philanthropy, Voluntarism & Grantmaking** • **Human Services** The foundation emphasizes education as a core focus area, with leadership noting that education "connects very well to the Smithsonian's mission of expanding knowledge and educating and improving the world." The foundation's approach to philanthropy is rooted in a commitment to giving back, described as an act of patriotic philanthropy.
How do I apply for a grant from The Todd and Deborah Krasnow Foundation?
**Grant Activity:** • Total giving in 2024: $261,448 • Number of grants made in 2024: 16 grants • Typical award range: $3–$126,800 **Recent Grantees (2024):** • Combined Jewish Philanthropies of Greater Boston: $100,000 • Smithsonian Institution: $100,000 • Anti-Defamation League (ADL): $14,000 The foundation makes general grants to selected organizations. Specific application procedures are not detailed in available sources.
Where does The Todd and Deborah Krasnow Foundation make grants?
The foundation primarily funds organizations in: • New York • Massachusetts • Florida
What size grants does The Todd and Deborah Krasnow Foundation award?
In 2024, The Todd and Deborah Krasnow Foundation awarded 21 grants totaling $261K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is The Todd and Deborah Krasnow Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Todd and Deborah Krasnow Foundation reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Todd and Deborah Krasnow Foundation's EIN?
The Todd and Deborah Krasnow Foundation's EIN (Employer Identification Number) is 04-3213639. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Todd and Deborah Krasnow Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Virgil P Warren Fdn Tr Ua
ORLANDO, FL
Assets
$4.2M
Grants
14
Total Given
$96K
Palm Valley Academy Parent-teacher
PONTE VEDRA, FL
Assets
$261K
Grants
1
Total Given
$78K
The Fritch Foundation
FT LAUDERDALE, FL
Assets
—
Grants
17
Total Given
$167K
Leiman Asterisk Foundation Inc
DELRAY BEACH, FL
Assets
$1.2M
Grants
2
Total Given
$62K
Rachel Memorial Foundation
SANTA RSA BCH, FL
Assets
—
Grants
6
Total Given
$10K
My Brother'ssister's Keeper Charitable
ROYAL PALM BEACH, FL
Assets
$462K
Grants
1
Total Given
$50K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Todd and Deborah Krasnow 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 Todd and Deborah Krasnow Foundation to a real strategy.