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Filing year 2024

The Krone Foundation Inc

Albany, New York·EIN 20-5810908·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.8M
Total assets
$5.3M
Total expenses
$174k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. The Krone Foundation Inc reported 2 unpaid officers and board members on its 990-PF.

President/director
Sec/treas/director

Grants paid

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

Total granted

$121k

Itemized grants

11

Median grant

$10k

RecipientLocationPurposeAmount
Boy Scouts of America National FoundationIrving, TXgeneral charitable purposes$50k
Mountain Retreat AssociationMontreat, NCgeneral charitable purposes$10k
Capital Area Food BankWashington, DCgeneral charitable purposes$10k
Haiti Reforestation PartnershipCharlottesville, VAgeneral charitable purposes$10k
Transatlantic Council Boy Scouts of AmericaAPO, AEgeneral charitable purposes$10k
WETAARLINGTON, VAgeneral charitable purposes$10k
DC ScoresWashington, DCgeneral charitable purposes$5k
The Light HouseAnnapolis, MDGeneral$5k
Harvard Business SchoolCambridge, MAgeneral charitable purposes$5k
Start the Adventure in Reading Annapolis IncAnnapolis, MDgeneral charitable purposes$5k
Scouting America Silicon Valley Monterey Bay CouncSan Jose, CAgeneral charitable purposes$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Krone Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$918k
$89k
2023
$2.8M
$174k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New York

The Krone Foundation Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New York earns a median of $20,079.

25th percentile
$6k
Median
$20,079
75th percentile
$88k
90th percentile
$228k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,519 organizations across 2,519 filings (2020 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New York
FAQ

Common questions about The Krone Foundation Inc

What are The Krone Foundation Inc's revenue and expenses?

In 2024, The Krone Foundation Inc reported $2.8M in total revenue and $174k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.