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Kt Family Foundation is a private corporation based in VERO BEACH, FL. The foundation received its IRS ruling in 1994. The principal officer is Orville K Thompson. It holds total assets of $3.1M. Annual income is reported at $1.6M. The foundation is governed by 3 officers and trustees. 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 Michigan and Florida. According to available records, Kt Family Foundation has made 62 grants totaling $1.1M, with a median grant of $15K. The foundation has distributed between $235K and $350K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $350K distributed across 15 grants. Individual grants have ranged from $723 to $60K, with an average award of $18K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Michigan, Florida, New York, which account for 84% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$15K
Largest Grant
$60K
Based on 17 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.
Kt Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 62 grants. Its grantmaking reaches organizations primarily in MI, FL, NY.
Kt Family Foundation has distributed a total of $1.1M across 62 grants. The median grant size is $15K, with an average of $18K. Individual grants have ranged from $723 to $60K.
Kt Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kt Family Foundation is headquartered in VERO BEACH, FL. While based in FL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kristen T Heaney | DIRECTOR | $0 | $0 | N/A |
| Janice L Thompson | DIRECTOR | $0 | $0 | N/A |
| Lauri A Palazzolo | DIRECTOR | $0 | $0 | N/A |
Total Giving
$277K
Total Assets
$2.9M
Fair Market Value
$5.7M
Net Worth
$2.9M
Grants Paid
$235K
Contributions
N/A
Net Investment Income
$507K
Distribution Amount
$256K
Total: $2.9M
Total Grants
62
Total Giving
$1.1M
Average Grant
$18K
Median Grant
$15K
Unique Recipients
25
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Turning PointSHELTERS | Mt Clemens, MI | $15K | 2023 |
| Covenant HouseYOUTH PROGRAM | New York, NY | $30K | 2022 |
| Abigayle MinistriesPREGNANCY CARE | Sterling Heights, MI | $30K | 2023 |
| Forgotten HarvestFOOD PROGRAM | Oak Park, MI | $30K | 2023 |
| Mental Health Association Of IrcHEALTH AND WELLNESS | Vero Beach, FL | $30K | 2023 |
| Urban Hope IncSOCIAL RESPONSIBILITY | Richmond, VA | $25K | 2023 |
| Crossroads FarmYOUTH PROGRAM | Reading, MI | $20K | 2023 |
| Camp HavenSOCIAL RESPONSIBILITY | Vero Beach, FL | $20K | 2023 |
| The SourceSHELTERS | Vero Beach, FL | $15K | 2023 |
| Youth For Christ Indian RiverYOUTH PROGRAM | Vero Beach, FL | $15K | 2023 |
| Women'S RefugeSHELTERS | Vero Beach, FL | $10K | 2023 |
| Shepherd'S GateSHELTERS | Livermore, CA | $10K | 2023 |
| Michigan Abolitionist ProjectSOCIAL RESPONSIBILITY | Dearborn Heights, MI | $5K | 2023 |
| Vna Hospice Of Indian River CountyHEALTH AND WELLNESS | Vero Beach, FL | $5K | 2023 |
| Hibiscus Children'S CenterSHELTERS | Jensen Beach, FL | $5K | 2023 |
| Indian River Youth Golf FoundationYOUTH PROGRAM | Vero Beach, FL | $3K | 2022 |
| Union League Boys And Girls ClubYOUTH PROGRAM | Chicago, IL | $723 | 2022 |
| Families Against NarcoticsSOCIAL RESPONSIBILITY | Clinton Township, MI | $5K | 2021 |
| Alzhiemer Parkinson Association Of IrcHEALTH AND WELLNESS | Vero Beach, FL | $5K | 2021 |