The Marie-Josee And Henry R Kravis Foundation
- Assets
- $65.2m
- Revenue
- $101.3m
- Investments
- $5.6m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 08/1986
- Data as of
- 11/2021
- EIN
- 13-3341521
Organization Overview
The Marie-Josee And Henry R Kravis Foundation is located in West Palm Beach, FL. The organization was established in 1986. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marie-Josee And Henry R Kravis Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2021, Marie-Josee And Henry R Kravis Foundation generated $101.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $35.2m during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Marie-Josee And Henry R Kravis Foundation has awarded 68 individual grants totaling $34,374,741. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry R Kravis Chairman | 0 | $0 | |
Marie-Josee Kravis President | 0 | $0 | |
Lewis M Eisenberg Treasurer | 0 | $0 | |
James Goldrick Secretary | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kkr Financial Services Company Llc | 11/29/15 | $49,000 |
Milbank Tweed Hadley & Mccloy | 11/29/15 | $120,739 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $99,277,042 |
| Interest on Savings | $4,240 |
| Dividends & Interest | $1,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,982,270 |
| Capital Gain Net Income | $93,771,413 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,049 |
| Total Revenue | $101,287,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $735,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $498 |
| Total operating and administrative expenses | $846,628 |
| Contributions, gifts, grants paid | $34,374,741 |
| Total expenses and disbursements | $35,221,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,545,185 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,648,563 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $65,193,748 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $20,800,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,800,000 |
Grants Awarded
Over the last fiscal year, The Marie-Josee And Henry R Kravis Foundation has awarded $34,374,741 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL PURPOSE | $13,600,000 |
New York, NY PURPOSE: GENERAL PURPOSE | $5,100,000 |
New York, NY PURPOSE: GENERAL PURPOSE | $2,633,278 |
Claremont, CA PURPOSE: GENERAL PURPOSE | $2,500,000 |
Etna, NH PURPOSE: GENERAL PURPOSE | $2,000,000 |
New York, NY PURPOSE: GENERAL PURPOSE | $1,719,835 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Distribution Cooperative Inc Mcdonough, GA | $32,404,421 | $108,129,645 |
The Coca-Cola Foundation Inc Atlanta, GA | $328,454,102 | $178,366,620 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |