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Khan Foundation Inc. is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2005. The principal officer is Thomas D Clarkson. It holds total assets of $6.4M. Annual income is reported at $8.9M. Total assets have grown from $3.6M in 2011 to $6.2M in 2023. 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 2023. The foundation primarily funds organizations in Illinois and Florida. According to available records, Khan Foundation Inc. has made 10 grants totaling $8.3M, with a median grant of $75K. Annual giving has grown from $790K in 2020 to $3.6M in 2023. Grantmaking activity was highest in 2022 with $3.9M distributed across 2 grants. Individual grants have ranged from $5K to $3.9M, with an average award of $831K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Illinois and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$75K
Average Grant
$132K
Largest Grant
$500K
Based on 6 grants from the most recent 990-PF filing.
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.
Khan Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in IL, FL.
Khan Foundation Inc. has distributed a total of $8.3M across 10 grants. The median grant size is $75K, with an average of $831K. Individual grants have ranged from $5K to $3.9M.
Khan Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Khan Foundation Inc. is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$3.7M
Total Assets
$6.2M
Fair Market Value
$7.1M
Net Worth
$6.2M
Grants Paid
$3.6M
Contributions
$765K
Net Investment Income
$2.7M
Distribution Amount
$154K
Total Grants
10
Total Giving
$8.3M
Average Grant
$831K
Median Grant
$75K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Illinois FoundationSinfonia da Camera 100,000; Khan Veterinary Center 3,000,000; and Khan Building Fund 500,000 | Champaign, IL | $3.6M | 2023 |
| 40 NorthGeneral Operating | Champaigm, IL | $10K | 2023 |
| University Of IllinoisKhan Building Fund | Champaign, IL | $500K | 2020 |
| Champaign County Humane SocietyExpanding PAW Print | Urbana, IL | $125K | 2020 |
| Naples Botanical GardenOperating | Naples, FL | $50K | 2020 |
| Forty NorthOperating | Champaign, IL | $10K | 2020 |
| Nch Health Care SystemsOperating | Naples, FL | $5K | 2020 |