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Kane Foundation is a private corporation based in VERNON, CA. The foundation received its IRS ruling in 2020. The principal officer is Lonnie Kane. It holds total assets of $3M. Annual income is reported at $239K. Total assets have grown from $102K in 2020 to $2.6M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of arts & culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Kane Foundation has made 16 grants totaling $184K, with a median grant of $3K. Annual giving has grown from $58K in 2021 to $124K in 2023. Individual grants have ranged from $1K to $100K, with an average award of $12K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Virginia and California and New York. 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.
Kane Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in VA, CA, NY.
Kane Foundation has distributed a total of $184K across 16 grants. The median grant size is $3K, with an average of $12K. Individual grants have ranged from $1K to $100K.
Kane Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kane Foundation is headquartered in VERNON, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lonnie Kane | CFO | $0 | $0 | N/A |
| Karen Kane | President | $0 | $0 | N/A |
Total Giving
$181K
Total Assets
$2.6M
Fair Market Value
$2.6M
Net Worth
$2.5M
Grants Paid
$124K
Contributions
$476K
Net Investment Income
$7K
Distribution Amount
$99K
Total: N/A
Total Grants
16
Total Giving
$184K
Average Grant
$12K
Median Grant
$3K
Unique Recipients
10
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Nature ConservancyNATURE CONSERVATION | Arlington, VA | $100K | 2023 |
| Childrens Hospital Of Los AngelesFamily Medical Care | Los Angeles, CA | $5K | 2023 |
| Westwood KahillaCOMMUNITY BENEFIT | Los Angeles, CA | $3K | 2023 |
| City Of HopeFAMILY MEDICAL CARE | Duarte, CA | $3K | 2023 |
| Volunteer CollectiveCOMMUNITY BENEFIT | Sacramento, CA | $3K | 2023 |
| Assistance League Of LaCOMMUNITY BENEFIT | Los Angeles, CA | $1K | 2023 |
| JdrfFamily Medical Care | New York, NY | $1K | 2023 |
| CastCOMMUNITY BENEFIT | Los Angeles, CA | $1K | 2023 |
| Santa Barbara Cottagehospital FoundationFamily Medical Care | Santa Barbara, CA | $1K | 2022 |
| Childrens Hospital Los AngelesFamily Medical Care | Los Angeles, CA | $5K | 2021 |