GrantAuthority

Kinnert Inc

Grantmaking foundation in Orlando, Florida · EIN 59-6194199

Total giving
$22MTax year 2025
Total assets
$31MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

KINNERET, INC. AND KINNERET II, INC. (COLLECTIVELY "KINNERET") ARE NOT-FOR-PROFIT CORPORATIONS ORIGINALLY ORGANIZED FOR THE PURPOSE OF PROVIDING HOUSING AND SERVICES TO ELDERLY AND DISABLED MEMBERS OF THE GREATER ORLANDO JEWISH COMMUNITY, WHO HAVE LOW OR MODERATE INCOMES, AND PROVIDING PROGRAMS AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND SPIRITUAL NEEDS. IN CONNECTION WITH ITS MISSIONS, KINNERET PREVIOUSLY OPERATED TWO ADJACENT APARTMENT BUILDINGS. ON SEPTEMBER 23, 2022, KINNERET SOLD THEIR APARTMENT BUILDINGS AND ASSOCIATED REAL AND PERSONAL PROPERTY LOCATED IN ORLANDO, FLORIDA TO AN UNRELATED BUYER AND DISCONTINUED OPERATING THE APARTMENT BUILDINGS. THE COMBINED SALE PRICE WAS APPROXIMATELY $57,700,000. THE GAIN ON THE SALE WAS APPROXIMATELY $51,900,000. AS A CONDITION OF THE SALE AGREEMENT, THE BUYER IS REQUIRED TO MAINTAIN THE RELATED PROPERTIES AS LOW-INCOME HOUSING FOR A PERIOD OF TEN (10) YEARS FOLLOWING THE DATE OF SALE.

Quoted from the foundation's IRS filing.

Giving by year

$62K2023
$50K2024
$22M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Kinneret Council on Aging Inc$50K2023

Amounts are rounded. The full grantee list is available with a free account.

Website: www.kinneretapartments.com

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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.