Karfunkel Family Foundation
Preselected recipients only
Karfunkel Family Foundation is a private foundation in New York, New York. In tax year 2024 it gave $1.1 million in 2 grants; the typical grant was $525,000 and the largest $525,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.1 million
- Number of grants2
- Typical grant$525,000
- Largest grant$525,000
- Assets$22.7 million
Giving in 2024 was up from $950,000 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $950,000 | 2 | $22.3 million |
| 2024 | $1.1 million | 2 | $22.7 million |
How to apply
Its grants go to individuals, not organizations. Every grant in its 2024 filing was paid to an individual (for example a scholarship or assistance with costs), so it is not a funding prospect for a nonprofit.
Karfunkel Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Karfunkel Family Foundation funds
Where it gives
All of its grants went to recipients in New York.
| State | Grants | Amount |
|---|---|---|
| New York | 2 | $1.1 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Amounts are given to cover operating expenses for schools and synagogues as well as educational scholarships and assistance to the needy. | $525,000 |
| Individual | Amounts are given to cover operating expenses for schools and synagogues as well as educational scholarships and assistance to the needy. | $525,000 |
Officers and trustees
- George Karfunkel
- Henry Reinhold
Questions people ask
Does Karfunkel Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Karfunkel Family Foundation give?
$1.1 million in tax year 2024, across 2 grants, with a typical grant of $525,000.
Who runs Karfunkel Family Foundation?
Its 2024 filing lists George Karfunkel (Trustee) and Henry Reinhold (Trustee).
What does Karfunkel Family Foundation fund?
Based on its grants, mainly education, faith communities and human services.