K T Elghanayan Fund

Foundation · Grantmaker NEW YORK, NY EIN: 46-4335058

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

-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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

New York $4.1M (81%)

Connecticut $806K (16%)

Massachusetts $60K (1%)

New Jersey $60K (1%)

Rhode Island $25K (0%)

District of Columbia $15K (0%)

Wisconsin $10K (0%)

California $4K (0%)

+3 more states

States

California Connecticut District of Columbia Illinois Massachusetts New Jersey New York Rhode Island Texas Vermont Wisconsin

Cities

BlairstownBridgehamptonBronxBrookfieldBrooklynCambridgeChicagoDallasFlushingHampton BaysLong IslandLong Island CityLos AngelesNew HavenNew YorkNorth KingstownSanta BarbaraShelburneSouthamptonWashington

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.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Philanthropy, Voluntarism & Grantmaking

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.