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
Under IRS private-foundation payout rules, K T Elghanayan Fund reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
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
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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
Among its reported 2024 grants, the largest include Hss Foundation ($250,000), Nyu Langone Health ($200,000), Southampton Fresh Air Home ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| YALE UNIVERSITY NEW HAVEN, CT | CHARITABLE | $92,000 |
| WILDLIFE RESCUE CENTER HAMPTON BAYS, NY | CHARITABLE | $500 |
| UJA FEDERATION NEW YORK, NY | CHARITABLE | $30,000 |
| THE METROPOLITAN MUSEUM OF ART NEW YORK, NY | CHARITABLE | $2,000 |
| SOUTHAMPTON FRESH AIR HOME SOUTHAMPTON, NY | CHARITABLE | $125,000 |
| SMITHSONIAN INSTITUTION WASHINGTON, DC | CHARITABLE | $10,000 |
| SLIFKA CENTER FOR JEWISH LIFE NEW HAVEN, CT | CHARITABLE | $10,000 |
| SCHWARZMAN ANIMAL MEDICAL CENTER NEW YORK, NY | CHARITABLE | $27,500 |
| SCAN- HARBOR INC NEW YORK, NY | CHARITABLE | $30,000 |
| SAG HARBOR SONG FESTIVAL INC NEW YORK, NY | CHARITABLE | $1,000 |
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
Frequently Asked Questions
What does K T Elghanayan Fund fund?
The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science and STEM Education
How do I apply for a grant from K T Elghanayan Fund?
**Grant Activity:** • Made 29 grants in 2024 • Grant range: $500 to $350,000 • Median grant size: $7,500–$10,000 • Average grant amount varies by year **Recent Notable Grants (2024):** • NYU Langone Health: $200,000 • Southampton Fresh Air Home for Crippled Children (SFAH): $125,000 • Yale University: $92,000 • Open Future Institute: $10,000 **Application Policy:** The foundation operates on a preselected basis only and does not accept unsolicited applications for funds.
Where does K T Elghanayan Fund make grants?
The foundation primarily funds charitable causes in New York, Connecticut, and Wisconsin.
What size grants does K T Elghanayan Fund award?
In 2024, K T Elghanayan Fund awarded 28 grants totaling $1.1M — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is K T Elghanayan Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, K T Elghanayan Fund reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is K T Elghanayan Fund's EIN?
K T Elghanayan Fund's EIN (Employer Identification Number) is 46-4335058. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in K T Elghanayan Fund's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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