The Marie-Josee And Henry R Kravis Foundation
- Assets
- $47.0m
- Revenue
- $92.9m
- Investments
- $17.3m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 08/1986
- Data as of
- 11/2023
- 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 11/2023, Marie-Josee And Henry R Kravis Foundation generated $92.9m in total revenue. All expenses for the organization totaled $56.1m during the year ending 11/2023. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 181 individual grants totaling $145,252,732. 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
2023
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 | $87,039,699 |
| Interest on Savings | $1,220,614 |
| Dividends & Interest | $367,520 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,266,434 |
| Capital Gain Net Income | $71,871,573 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,368 |
| Total Revenue | $92,903,635 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $980,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $273 |
| Total operating and administrative expenses | $1,172,832 |
| Contributions, gifts, grants paid | $54,974,186 |
| Total expenses and disbursements | $56,147,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,706,705 |
| 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 | $17,280,663 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $46,987,368 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Marie-Josee And Henry R Kravis Foundation has awarded $54,974,186 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING INC PURPOSE: GENERAL PURPOSE | $200,000 |
CF FOUNDATION INC PURPOSE: GENERAL PURPOSE | $25,000 |
CLAREMONT MCKENNA COLLEGE PURPOSE: GENERAL PURPOSE | $11,500,000 |
CODEORG PURPOSE: GENERAL PURPOSE | $250,000 |
COLUMBIA BUSINESS SCHOOL PURPOSE: GENERAL PURPOSE | $100,000 |
COLUMBIA UNIVERSITY PURPOSE: GENERAL PURPOSE | $7,562,500 |