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Kd Foundation Inc. is a private corporation based in PASADENA, CA. The foundation received its IRS ruling in 2021. The principal officer is David Dai. It holds total assets of $3.9M. Annual income is reported at $18.3M. Total assets have grown from $2.6M in 2020 to $3.9M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Kd Foundation Inc. has made 4 grants totaling $172K, with a median grant of $44K. Annual giving has decreased from $141K in 2022 to $31K in 2023. Individual grants have ranged from $13K to $71K, with an average award of $43K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in California. 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.
Kd Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA.
Kd Foundation Inc. has distributed a total of $172K across 4 grants. The median grant size is $44K, with an average of $43K. Individual grants have ranged from $13K to $71K.
Kd Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Kd Foundation Inc. is headquartered in PASADENA, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Zhuling Dai | SECRETARY | $0 | $0 | N/A |
| Lynn Qin | CFO | $0 | $0 | N/A |
| David Dai | CEO | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.9M
Fair Market Value
N/A
Net Worth
$3.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$172K
Average Grant
$43K
Median Grant
$44K
Unique Recipients
2
Most Common Grant
$71K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| La Salle College PreparatoryDOANTIONS | Pasadena, CA | $18K | 2023 |
| Schools Mentoring & Resource TeamDONATIONS | San Francisco, CA | $13K | 2023 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA