Koum Family Foundation
- Assets
- $1.4b
- Revenue
- -$6.6m
- Investments
- $777.9m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 47-5446562
Organization Overview
Koum Family Foundation is located in Palo Alto, CA. The organization was established in 2016. 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. Koum Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Koum Family Foundation has awarded 476 individual grants totaling $413,214,975. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Koum Director | 3 | $0 | |
Yana Kalika President | 40 | $447,750 | |
Audrey Scott Secretary | 10 | $0 | |
Sara Colorado CFO | 5 | $0 | |
Alexandra Laforge Employee | 40 | $270,379 | |
Iryna Gubenko Employee | 40 | $216,303 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldman Sachs & Co | 12/30/22 | $141,003 |
Geoffrey Turetsky | 12/30/22 | $66,456 |
Frank Rimerman Co Llp | 12/30/22 | $129,375 |
Arabella Advisors | 12/30/22 | $400,919 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,790,030 |
| Interest on Savings | $3,175,294 |
| Dividends & Interest | $12,638,089 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,747,331 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,546,902 |
| Total Revenue | -$6,597,016 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $447,750 |
| Other employee salaries and wages | $486,682 |
| Pension plans, employee benefits | $201,296 |
| Interest | $23,292 |
| Taxes | $45,374 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $131,198 |
| Printing and publications | $0 |
| Other expenses | $2,624,593 |
| Total operating and administrative expenses | $4,617,822 |
| Contributions, gifts, grants paid | $107,256,912 |
| Total expenses and disbursements | $111,874,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $622,607,025 |
| 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 | $14,809,862 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $837,132 |
| Total assets | $1,401,385,958 |
| Accounts payable and accrued expenses | $939,508 |
| Grants payable | $31,127,333 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,909,621 |
| Total liabilities | $35,976,462 |
Grants Awarded
Over the last fiscal year, Koum Family Foundation has awarded $107,256,912 in support to 177 organizations.
| Grant Recipient | Amount |
|---|---|
AGUDATH ISRAEL OF AMERICA PURPOSE: GENERAL CHARITY | $282,000 |
AMERICAN FRIENDS OF KIEV JEWISH COMMUNITY PURPOSE: GENERAL CHARITY | $960,000 |
AMERICAN COMMITTEE FOR SHAARE ZEDEK PURPOSE: GENERAL CHARITY | $1,550,000 |
AMERICAN FRIENDS OF KIEV JEWISH COMMUNITY PURPOSE: GENERAL CHARITY | $320,000 |
AMERICAN FRIENDS OF YAD ELIEZER INC PURPOSE: GENERAL CHARITY | $2,000,000 |
AMERICAN ISRAEL EDUCATION FOUNDATION INC PURPOSE: GENERAL CHARITY | $700,000 |