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EIN 13-6112855

The Krasne Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New York
State
New York
Year formed
1948
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Krasne Foundation is a corporate foundation of Krasdale Foods Inc, based in White Plains, NY, that primarily funds general unrestricted grants. Its purpose focuses on reversing expenses from 2020 and includes grantees such as Weill Cornell Medical College. Last year, the foundation made six grants.
Also known as...
Abraham Krasne Foundation
Total revenues
$1,167,633
2023
Total expenses
$1,438,417
2023
Total assets
$3,503,749
2023
Num. employees
0
2023

Program areas at The Krasne Foundation

Reversal 2020 expense

Grants made by The Krasne Foundation

GranteeGrant descriptionAmount
The Harvey SchoolGeneral Unrestricted$150,000
Montefiore Nyack Hospital FoundationGeneral Unrestricted$100,000
The Montauk Playhouse Community Center FoundationGeneral Unrestricted$50,000
...and 1 more grant made

Personnel at The Krasne Foundation

NameTitleCompensation
Charles A KrasnePresident$0

Financials for The Krasne Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,000,000
Investment income and dividends$167,589
Net rental income$0
Net gain from sale of non-inventory assets$44
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,167,633

Form 990s for The Krasne Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-07990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-05-16990PFView PDF
2020-122021-06-22990PFView PDF
2019-122020-09-28990PRView PDF
...and 8 more Form 990s
Data update history
August 21, 2024
Posted financials
Added Form 990PF for fiscal year 2023
January 8, 2024
Posted financials
Added Form 990PF for fiscal year 2022
December 26, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
October 31, 2021
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
Co Cleary Gottlieb 1 Liberty Plaz
New York, NY 10006
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Phone
(212) 225-2620
IRS details
EIN
13-6112855
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1948
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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