OVERIVIEW: The Albert Kundstadter Family Foundation’s international grantmaking is relatively broad-based, but its taxes reveal a tendency to support schools and education in low-income countries, particularly in Asia.
IP TAKE: This is a great funder for small and grassroots groups to get to know because it advocates for general operating support grants; however, this funder is not particularly accessible.
PROFILE: The Kundstadter family earned their wealth through the garment industry, and founded the Formfit Company in 1917. The family established the Albert Kundstadter Family Foundation in the early 1950s; however, it did not begin making grants internationally until about 1987.
This family foundation's grantmaking scope is broad, and ranges from building libraries in Asia to installing water systems in schools in Vietnam. It also supports organizations that groom the next generation of thought leaders and change makers in global philanthropy.
In Geraldine Kunstadter’s 2010 interview with Alliance, she states, “Often foundations think they are experts in everything. They will sometimes tell NGOs, ‘We’ll fund your project but you have to do it from this point of view.’ That’s not what you’re supposed to do, you’re supposed to be responsive.” This provides insight into the foundation's support of organizations like the Center for International Humanitarian Cooperation and the Institute of World Affairs.
The foundation’s grantmaking interests are fairly broad, but from tax filings, appear to favor schools and education in low-income countries, particularly Asia. Grants typically range from $5,000 to $10,000.
The Albert Kunstadter Family Foundation maintains a low public profile and does not operate a website. Additionally, the foundation does not accept unsolicited grant applications or requests for funding.
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Albert Kundstadter Family Foundation
c/o Sacks 600 Third Avenue No. 18fl
New York, New York 10016