K5 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $47.0M in total assets. In 2024, it awarded 5 grants totaling $3.7M. Net investment income was $609K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$47.0M
+9.4% YoY
Annual Giving
$3.7M
+80.0% YoY
Grant Count
5
-50.0% YoY
Avg Grant Size
$745K
+259.9% YoY
Under IRS private-foundation payout rules, K5 Foundation reported a distributable amount of $2.2M for 2024 — the minimum it must pay out in qualifying distributions.
About K5 Foundation
Based on IRS filings
K5 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $47.0M in total assets. In 2024, it awarded 5 grants totaling $3.7M. Net investment income was $609K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $46,994,909 | $42,945,817 | $38,163,626 |
| Revenue | $761,449 | $5,096,996 | $3,878,651 |
| Expenses | $5,387,997 | $1,563,541 | $5,062,502 |
| Qualifying Distributions | $3,844,151 | $2,179,263 | $1,738,044 |
| Net Investment Income | $608,681 | $5,020,191 | $3,840,919 |
| Distributable Amount | $2,245,840 | $1,878,434 | $2,665,272 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Northwestern University ($2,000,000), Board of trts Leland Stanford Unive ($1,000,000), Town School for Boys ($350,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Town School for Boys San Francisco, CA | Town School Tomorrow Begins Campaign | $350,000 |
| Northwestern University Evanston, IL | to support creation of an integrated program to ensure enhanced academic, social, and career to support | $2,000,000 |
| Sponsors For Educ Opportunities San Francisco, CA | General Operating SupportEndowments & Foundations Fellowship program | $350,000 |
| Board of trts Leland Stanford Unive Stanford, CA | The Karr Family Programming Fund | $1,000,000 |
| Larkin Street Youth Services San Francisco, CA | Bridge Academy | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Latonia Karr | Director | 2 | — |
| Adam Karr | Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is K5 Foundation?
K5 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. It holds $47.0M in total assets as of 2024.
How large is K5 Foundation?
As of 2024, K5 Foundation holds $47.0M in total assets with $761K in annual revenue. It awarded 5 grants totaling $3.7M in 2024.
Where does K5 Foundation operate?
K5 Foundation has awarded grants in California, Illinois, Massachusetts.
What size grants does K5 Foundation award?
In 2024, K5 Foundation awarded 5 grants totaling $3.7M — an average of about $745K per grant, based on its IRS Form 990 filings.
How much is K5 Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, K5 Foundation reported a distributable amount of $2.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is K5 Foundation's EIN?
K5 Foundation's EIN (Employer Identification Number) is 83-1599193. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in K5 Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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