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Filing year 2024

KRESA FAMILY FOUNDATION

Pennington, New Jersey·EIN 20-2890253·NTEE Z99 · Unknown·501(c)(3)
Total revenue
$4.2M
Total assets
$14.3M
Total expenses
$737k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. KRESA FAMILY FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

President
Secretary

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$613k

Itemized grants

6

Median grant

$55k

RecipientLocationPurposeAmount
MASSACHUSETTS INSTITUTE OF TECHNOLOGYBOSTON, MAUNRESTRICTED GENERAL$250k
CALIFORNIA INSTITUTE OF TECHNOLOGY BOOTH-KRESA LEADERSHIP CHAIR CITPASADENA, CACENTER FOR AUTONOMOUS$240k
WELLESLEY COLLEGEWELLESLEY, MAUNRESTRICTED GENERAL$92k
PETERSEN AUTOMOTIVE MUSEUM FDNLOS ANGELES, CAUNRESTRICTED GENERAL$18k
REGENTS UNIVERSITY OF CALIFORNIALOS ANGELES, CAUNRESTRICTED GENERAL$9k
KEEP BEL AIR BEAUTIFULLOS ANGELES, CAUNRESTRICTED GENERAL$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

KRESA FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$774k
$799k
2023
$4.2M
$737k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What organizationPage.redesign.benchmarkBuilder.ntee.Z executives earn

KRESA FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable organizationpage.redesign.benchmarkbuilder.ntee.z organization nationwide earns a median of $77,386.

25th percentile
$31k
Median
$77,386
75th percentile
$147k
90th percentile
$249k

These are organizationpage.redesign.benchmarkbuilder.ntee.z sector-wide figures, not this organization's reported pay. Based on 1,572 organizations across 1,572 filings (2021 – 2024).

See full organizationPage.redesign.benchmarkBuilder.ntee.Z compensation data
FAQ

Common questions about KRESA FAMILY FOUNDATION

What are KRESA FAMILY FOUNDATION's revenue and expenses?

In 2024, KRESA FAMILY FOUNDATION reported $4.2M in total revenue and $737k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.