The K T Elghanayan Fund is a private family foundation based in New York City. Established in 2015, it operates as a 501(c)(3) organization focused on philanthropic grantmaking to charitable causes across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.6M
+7.6% YoY
Annual Giving
$1.1M
+2.5% YoY
Grant Count
28
-26.3% YoY
Avg Grant Size
$39K
+39.1% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science and STEM Education
Grantmaking
The foundation operates on a preselected basis only and does not accept unsolicited applications for funds.
Grant Range
$500 to $350,000
Average Grant
amount varies by year
Ready to take the next step with K T Elghanayan Fund?
Geographic Focus
Where this funder awards grants
The foundation primarily funds charitable causes in New York, Connecticut, and Wisconsin.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
| Metric | Amount |
|---|---|
| Total Assets | $20,603,581 |
| Total Revenue | $2,722,507 |
| Total Expenses | $1,274,066 |
| Total Liabilities | $0 |
| Investment Income & Dividends | $805,916 |
| Net Gain from Sale of Assets | $1,867,205 |
| Total Giving | $1,088,000 |
Giving Rate: Approximately 5.5% of assets annually
Staffing: The foundation operates with no paid employees, relying entirely on volunteer board leadership.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,603,581 | $19,155,140 | $18,986,317 |
| Revenue | $2,722,507 | $1,421,659 | $2,559,914 |
| Expenses | $1,274,066 | $1,252,836 | $1,415,517 |
| Qualifying Distributions | $1,088,112 | $1,061,257 | $1,172,853 |
| Net Investment Income | $2,536,050 | $1,233,300 | $2,317,266 |
| Distributable Amount | $1,187,835 | $1,093,000 | $1,076,183 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
147 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- K Thomas Elghanayan – President
- Madeline Elghanayan – Secretary
- Jacob Elghanayan – Treasurer
- Jessica Elghanayan Shell – Director
All board members serve without compensation and on a volunteer basis (0 hours per week reported).
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| K THOMAS ELGHANAYAN | PRESIDENT | — | — |
| MADELINE ELGHANAYAN | SECRETARY | — | — |
| JACOB ELGHANAYAN | TREASURER | — | — |
| JESSICA ELGHANAYAN SHELL | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with K T Elghanayan Fund on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities