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Nonprofit · EIN 81-4952607

KS FAMILY FOUNDATION

Tax-exempt · MILWAUKEE, WI 53201

Financials

$891K$2M2023$719K$2.1M2024
Revenue Expenses · by fiscal year end
Financials of KS FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$718,673$2,103,382-$1,384,709$6,760,518$740,661$6,019,857
December 31, 2023990-PF$891,394$1,953,086-$1,061,692$7,508,192$740,661$6,767,531
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$133,507
Net rental income
$285,203
Net gain from sales of assets
$392,401
Other income
-$454,517

Expenses

Grants and similar amounts paid
$1,568,980
Disbursements for charitable purposes
$1,593,505
Excise tax on investment income
$6,785

Balance sheet and other

Total assets, start of year
$7,508,192
Total assets, end of year
$6,760,518
Total liabilities, end of year
$740,661
Net assets, end of year
$6,019,857
Fair market value of assets
$15,623,682
Qualifying distributions
$1,593,505
Net investment income
$526,006

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARK KUTOFF
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
PRESIDENT5$0
DANIEL KUTOFF
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
SECOND VICE PRESIDENT1$0
FRANK SILVERBERG
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
FIRST VICE PRESIDENT1$0
MARK SILVERBERG
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
SECRETARY1$0
MAIER KUTOFF
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
TREASURER5$0
GERALD GOLDFEDER
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
DIRECTOR1$0
DENA SEIF
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
DIRECTOR1$0
BAILA SILVERBERG
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MARK KUTOFF
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
PRESIDENT5$0
DANIEL KUTOFF
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
SECOND VICE PRESIDENT1$0
FRANK SILVERBERG
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
FIRST VICE PRESIDENT1$0
MARK SILVERBERG
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
SECRETARY1$0
MAIER KUTOFF
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
TREASURER5$0
GERALD GOLDFEDER
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
DIRECTOR1$0
DENA SEIF
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
DIRECTOR1$0
BAILA SILVERBERG
2815 JOPPA AVE, MINNEAPOLIS, MN 55416
DIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 634, MILWAUKEE, WI 53201-0634
In care of
% MARK KUTOFF
Signed the 990-PF
-, TRUSTEE
Phone
(651) 466-8040
Return prepared by
PWC US TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-4952607
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2018
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$6,760,518
Income (IRS master file)
$2,066,091

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$718,673$2,103,382$6,760,518XML
990-TDecember 2024–––IRS
990-PFDecember 2023$891,394$1,953,086$7,508,192XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-4952607).

Questions about KS FAMILY FOUNDATION

What is the EIN of KS FAMILY FOUNDATION?
The employer identification number (EIN) of KS FAMILY FOUNDATION is 81-4952607.
Is KS FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to KS FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KS FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KS FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KS FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of KS FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does KS FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $718,673, expenses of $2,103,382 and total assets of $6,760,518 at year end.

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