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The Philanthropists Charity
The Philanthropists Charity was formed by Michael Konig and Steven Krausman. Both men act as trustees and donors. Wealth traces to nursing-home operations and...
The Philanthropists Charity
The Philanthropists Charity was formed by Michael Konig and Steven Krausman. Both men act as trustees and donors. Wealth traces to nursing-home operations and related real-estate holdings. Confirmed assets include the Caribbean Condominium at 3737 Collins Avenue in Miami Beach, the 710 Edge residential project in Miami, and three New Jersey nursing homes: South Jersey Extended Care, Sterling Manor and Oceana Rehabilitation and Nursing Center. Additional properties comprise the Belle Harbor Theater in New York and commercial sites in Teaneck and Belle Harbor. Geographic exposure spans Florida, New Jersey and New York. The foundation lists 613 Tr as an adjacent philanthropic vehicle. No public disclosure exists on team size, additional offices or investment vehicles beyond the listed real-estate holdings. Governance links the charity directly to the same principals who control the underlying nursing-home and development assets, creating an integrated ownership chain rather than an arm's-length endowment structure.
General information
Firm type
Endowment / Foundation
Year founded
2008
Location
Region
North America
Country
United States
City
Rockaway Park
Corporate office
Rockaway Park, United States
Principals
Michael Konig
Trustee and primary donor
Steven Krausman
Trustee and donor
Sector focus
Frequently asked questions
Who runs investment decisions at The Philanthropists Charity?
Michael Konig and Steven Krausman serve as trustees and donors. No separate investment committee or external CIO is disclosed.
Where does the underlying wealth come from?
Wealth originates from nursing-home facilities and real-estate developments controlled by Konig and Krausman.
What assets does the foundation hold?
Holdings include the Caribbean Condominium in Miami Beach, 710 Edge in Miami, three New Jersey nursing homes and additional commercial properties in New York and New Jersey.
How is The Philanthropists Charity related to 613 Tr?
613 Tr appears as an adjacent philanthropic vehicle linked to the same principals.
Does the foundation participate in external fund commitments?
No information indicates participation in external funds or co-investments; holdings consist of direct real-estate assets.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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