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Albert & Bessie Mae Kronkosky Charitable Foundation

Profile

Last Updated: 2016-05-29

At A Glance

Albert & Bessie Mae Kronkosky Charitable Foundation

112 E. Pecan, Ste. 830

San Antonio, TX United States 78205-1574

Telephone: (210) 475-9000

URL: www.kronkosky.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $362,456,708

Total giving: $15,826,225

EIN

746385152

BRIDGE Number

0725142612

Additional Contact Information

Additional tel.: (888) 309-9001

Background

Established in 1991 in TX - The Kronkosky Charitable Foundation was established on Jan. 7, 1991. The foundation received its principal funding of $295 million as a distribution from the estate of Mr. Albert Kronkosky, Jr. in August 1997. The Kronkosky family first moved to New Braunfels, Texas in the 1860s. Mr. Kronkosky's father was born in New Braunfels in 1868 and his mother, the former Augusta Graebner, was a native of San Antonio. Albert Kronkosky, Jr., an only child, was born in Boerne, Texas in 1908. The family involved itself over the years in a number of successful local business ventures. These included the Gebhardt Chili Powder Company and the San Antonio Drug Company. Mr. Albert Kronkosky, Jr. married Bessie Mae Dever in May 1936. Albert and Bessie Mae Kronkosky had no children. Mr. Albert Kronkosky, Jr. died at the age of 87 in Oct. 1995. Mrs. Kronkosky died in 2010

Purpose and Activities

To produce profound good that is tangible and measurable in Bandera, Bexar, Comal, and Kendall counties in Texas by implementing the Kronkosky's charitable purposes.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Culture

The goals of the program are: 1) to foster meaningful cultural activities and broaden public participation therein; and 2) to expand or improve the public use of information and learning available through museums and libraries.

Health and Human Services

The goals of the program are: 1) to improve the quality of life for the elderly and those with disabilities by helping them to be healthy and productive members of the communities in which they live; 2) to develop character and self-reliance in young persons through organized activities founded on traditional values of respect and responsibility; 3) to free children from abuse and neglect; and 4) to improve the health of persons living in Bandera, Bexar, Comal and Kendall counties in Texas through selected medical research efforts.

Precious Minds, New Connections

Precious Minds, New Connections is an initiative designed to maximize a child's potential during their early development (up to 3 years of age). The initiative will provide parenting education and training, and will be carried out through annual grants to 24 organizations in the foundation’s four-county service area which includes Bandera, Bexar, Comal and Kendall counties. Dr. Megan Kromer, Ph.D., a consultant to the foundation, directs the Initiative. .

Fields of Interest

Subjects
  • Animal welfare
  • Arts and culture
  • Child abuse
  • Diseases and conditions
  • Family services
  • Human services
  • Museums
  • Parent education
  • Public libraries
  • Wildlife sanctuaries
  • Youth development
  • Zoos
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Seniors
Organizations
  • Multipurpose centers

Financial Data

Year ended 2014-12-31

Assets: $362,456,708 (market value)

Expenditures: $19,458,646

Total giving: $15,826,225

Qualifying distributions: $16,949,454