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EIN 94-1624987

Koret Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
San Francisco
State
California
Year formed
1966
Most recent tax filings
2021-12-01
NTEE code, primary
T20: Private Foundations
Description
The Koret Foundation is a private foundation based in San Francisco, committed to strengthening the Bay Area community and nurturing the continuity of the Jewish people worldwide.
Total revenues
$39,088,314
2021
Total expenses
$37,309,797
2021
Total assets
$515,520,670
2021
Num. employees
n/a

Grants made by Koret Foundation

GranteeGrant descriptionAmount
Jewish Family and Children's Services (JFCS)Bay Area Jewish Youth Initiative$2,000,000
The Shalom Hartman Institute of North AmericaStrategic Expansion of the Bay Area Program, National Expansion Based on the Bay Area Model, and Binational Organizational Capacity Building (Grant Payments To Begin in 2020)$1,500,000
University of San Francisco (USF)The Lone Mountain Dining Room Capital Project$1,425,000
...and 296 more grants made totalling $42,234,283

Personnel at Koret Foundation

NameTitleCompensation
Jeffrey A. FarberChief Executive Officer$498,719
Marlena WongChief Financial Officer$261,947
Danielle ForemanChief Program Officer$234,522
Jamie WongOperations Manager and C$129,392

Financials for Koret Foundation

RevenuesFYE 12/2021
Total grants, contributions, etc.$0
Investment income and dividends$5,439,375
Net rental income$8,213,156
Net gain from sale of non-inventory assets$14,659,165
Gross sales of inventory$0
Miscellaneous revenues$11
Total revenues$39,088,314

Form 990s for Koret Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-122021-08-16990PFView PDF
2019-122021-06-09990PFView PDF
2018-122019-09-26990PFView PDF
2017-122018-12-13990PFView PDF
2016-122017-11-08990PFView PDF
...and 5 more Form 990s
Data update history
April 13, 2022
Updated personnel
Identified 1 new personnel
April 12, 2022
Used new vendors
Identified 1 new vendor, including
April 7, 2022
Posted financials
Added Form 990PF for fiscal year 2020
October 5, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 24, 2021
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
ReligionCommunity improvementEconomic development
Characteristics
ReligiousJewishProvides grantsState / local levelTax deductible donations
General information
Address
611 Front St
San Francisco, CA 94111
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
koret.org/ 
Phone
(415) 882-7740
Facebook page
KoretFoundation 
Twitter profile
@koretfoundation 
IRS details
EIN
94-1624987
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1966
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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