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Ina Kay Foundation Inc. is a private corporation based in GERMANTOWN, MD. The foundation received its IRS ruling in 2004. The principal officer is Shelley Kay. It holds total assets of $11.9M. Annual income is reported at $2.1M. Total assets have grown from $6.9M in 2011 to $12.1M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, Ina Kay Foundation Inc. has made 3 grants totaling $3.6M, with a median grant of $1.1M. Annual giving has grown from $1M in 2020 to $1.5M in 2022. Individual grants have ranged from $1M to $1.5M, with an average award of $1.2M. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ina Kay Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MD.
Ina Kay Foundation Inc. has distributed a total of $3.6M across 3 grants. The median grant size is $1.1M, with an average of $1.2M. Individual grants have ranged from $1M to $1.5M.
The application deadline is ROLLING.
Ina Kay Foundation Inc. is headquartered in GERMANTOWN, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lauren Ann Kay | TREASURER | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$12.1M
Fair Market Value
$28.4M
Net Worth
$12.1M
Grants Paid
$1.2M
Contributions
N/A
Net Investment Income
$1.3M
Distribution Amount
$1.3M
Total: $11.8M
Total Grants
3
Total Giving
$3.6M
Average Grant
$1.2M
Median Grant
$1.1M
Unique Recipients
1
Most Common Grant
$1.5M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedCHARITABLE | See Attached, MD | $1.5M | 2022 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD