Walter Kann Foundation Inc

WESTPORT, CT EIN: 13-3381799

Walter Kann Foundation Inc is a private foundation, based in WESTPORT, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $237K in total assets. In 2024, it awarded 6 grants totaling $41K. Net investment income was $16K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$237K

-10.4% YoY

Annual Giving

$41K

-25.9% YoY

Grant Count

-40.0% YoY

Avg Grant Size

$7K

+23.5% YoY

Under IRS private-foundation payout rules, Walter Kann Foundation Inc reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.

About Walter Kann Foundation Inc

Based on IRS filings

Ready to take the next step with Walter Kann Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $81K (48%)

Connecticut $62K (36%)

Massachusetts $16K (9%)

District of Columbia $4K (2%)

Georgia $3K (2%)

Vermont $2K (1%)

Alabama $2K (1%)

Texas $350 (0%)

States

Alabama Connecticut District of Columbia Georgia Massachusetts New York Texas Vermont

Cities

BostonBridgeportBrooklynCiscoDecaturMiddleburyMontgomeryNeedhamNew HavenNew YorkStamfordWashingtonWestport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$236,840	$264,315	$264,710
Revenue	$24,948	$65,197	$18,645
Expenses	$52,423	$65,592	$37,237
Qualifying Distributions	$42,518	$56,700	$25,200
Net Investment Income	$15,953	$56,305	$8,006
Distributable Amount	$35,102	$35,034	$38,235

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

38 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Building One Community ($15,000), Doctors Without Borders ($10,000), Kingsborough Community College ($7,500).

Recipient	Purpose	Amount
BROOKLYN BOTANIC GARDEN BROOKLYN, NY	TO SUPPORT AN URBAN BOTANIC GARDEN THAT CONNECTS PEOPLE TO THE WORLD OF PLANTS	$2,500
BROOKLYN BOTANIC GARDEN BROOKLYN, NY	TO SUPPORT AN URBAN BOTANIC GARDEN THAT CONNECTS PEOPLE TO THE WORLD OF PLANTS	$1,000
BUILDING ONE COMMUNITY STAMFORD, CT	TO SUPPORT IMMIGRANT FAMILIES' EDUCATION AND EMPLOYMENT	$15,000
BUILDING ONE COMMUNITY STAMFORD, CT	TO SUPPORT IMMIGRANT FAMILIES' EDUCATION AND EMPLOYMENT	$5,000
DOCTORS WITHOUT BORDERS NEW YORK, NY	TO SUPPORT MEDICAL AID AROUND THE WORLD	$10,000
KINGSBOROUGH COMMUNITY COLLEGE BROOKLYN, NY	TO SUPPORT THE PROVISION OF EDUCATION TO STUDENTS	$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL A KANN	DIRECTOR	0.1	—
JACQUELINE KANN	DIRECTOR	0.1	—
WENDY KANN	DIRECTOR	0.1	—

Frequently Asked Questions

How large is Walter Kann Foundation Inc?

As of 2024, Walter Kann Foundation Inc holds $237K in total assets with $25K in annual revenue. It awarded 6 grants totaling $41K in 2024.

Where does Walter Kann Foundation Inc operate?

Walter Kann Foundation Inc has awarded grants in Alabama, Connecticut, District of Columbia, Georgia, Massachusetts, New York, Texas, Vermont.

What size grants does Walter Kann Foundation Inc award?

In 2024, Walter Kann Foundation Inc awarded 6 grants totaling $41K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Walter Kann Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Walter Kann Foundation Inc reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.