Kasnet Fam Foundation Tr

Organization Overview

Kasnet Fam Foundation Tr is located in Manchesterbythesea, MA. The organization was established in 2003. 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. Kasnet Fam Foundation Tr 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 12/2021, Kasnet Fam Foundation Tr generated $4.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.5%) each year. All expenses for the organization totaled $3.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (30.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

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Board, Officers & Key Employees

Name (title)Compensation
Marie-Louise Kasnet
Trustee
$0
Stephen G Kasnet
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $4,118
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $4,118

Grants Awarded

Over the last fiscal year, Kasnet Fam Foundation Tr has awarded $45,000 in support to 15 organizations.

Grant RecipientAmount

PEABODY ESSEX MUSEUM

Org PageRecipient Profile

Salem, MA

PURPOSE: PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION

$6,000

PEABODY ESSEX MUSEUM

Org PageRecipient Profile

Salem, MA

PURPOSE: PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION

$6,000

PEABODY ESSEX MUSEUM

Org PageRecipient Profile

Salem, MA

PURPOSE: PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION

$6,000

GOVERNOR'S EMERGENCY FIRE

PURPOSE: PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION

$5,000

GOVERNOR'S EMERGENCY FIRE

PURPOSE: PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION

$5,000

GOVERNOR'S EMERGENCY FIRE

PURPOSE: PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION

$5,000
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