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THE KRUGMAN FAMILY FOUNDATION (ALSO KNOW AS SYLVIA KRUGMAN FUND)
NEW YORK, NY · EIN 816999346 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$143K
expenses
$27K
net assets
$2.9M
employees
—
profile · synthesized from sources

The Krugman Family Foundation, also known as the Sylvia Krugman Fund, is a private foundation based in New York that supports charitable organizations through grantmaking. The foundation funds a range of institutions, primarily in the arts, education, and cultural sectors. Its giving focuses on general support and endowment for research, education, and administrative advancement.

named programs · 2 · from sources

What they call their work

Endowment for Research and Education
Endowment grant to Boston University for technology supporting research, education, and administration
General Support Grants
Unrestricted grants provided to cultural and educational institutions such as the Metropolitan Museum of Art, Central Park Conservancy, and Blair Academy
activities · 6 groups

What they do

  • Art Museum Funding and Support 2 activities
    • Funding general support and education programs at The Metropolitan Museum of Art
      Provides general support funding and specific funding for education programs at The Metropolitan Museum of Art.
    • Funding general support to the National Gallery of Art
      Provides general support funding to the National Gallery of Art, including support specifically for education programs.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding endowment for technology advancement at Boston University
      Funds an endowment to support technology for the advancement of research, education, and administration at Boston University.
  • Private K–12 School Support 1 activity
    • Funding general support to Blair Academy
      Provides general support funding to Blair Academy.
  • Municipal and Community General Support 1 activity
    • Funding general support to Hamilton Partnership for Paterson
      Provides general support funding to Hamilton Partnership for Paterson.
  • Environmental Conservation Grantmaking 1 activity
    • Funding general support to the Central Park Conservancy
      Provides general support funding to the Central Park Conservancy.
  • Performing Arts Production Support 1 activity
    • Funding general support to the Metropolitan Opera Association
      Provides general support funding to the Metropolitan Opera Association.
financials · form 990PF · fy2024
revenue
Total revenue$143K
Contributions & grants——
Program service revenue——
Investment income$125K88%
Other revenue$14K
expenses
Total expenses$27K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$200K
balance sheet
Total assets$2.94M
Cash—
Investments—
Liabilities—
Net assets$2.94M
4 years on record · 2020–2024 · YoY revenue +58.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • CANDACE K BEINECKE — TRUSTEE
  • JAMES D KRUGMAN — TRUSTEE
  • MICHAEL F KRUGMAN — TRUSTEE
relationships · 7

Who they work with

  • BLAIR ACADEMY Partner — Receives general support funding
  • BOSTON UNIVERSITY - INFRASTRUCTURE ENDOWMENT FUND Partner — Funded to support technology for advancement of research, education, and administration
  • CENTRAL PARK CONSERVANCY Partner — Receives general support funding
  • HAMILTON PARTNERSHIP FOR PATERSON Partner — Receives general support funding
  • METROPOLITAN OPERA ASSOCIATION Partner — Receives general support funding
  • NATIONAL GALLERY OF ART Partner — Receives general support and education program funding
  • THE METROPOLITAN MUSEUM OF ART Partner — Receives general support and education program funding