Kakatu Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MUNCIE, IN. IRS filing data is available from 2018 through 2023. As of 2023, the organization holds $2.2M in total assets. In 2023, it awarded 28 grants totaling $117K. Net investment income was $92K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$2.2M
-1.4% YoY
Annual Giving
$117K
-25.3% YoY
Grant Count
28
-12.5% YoY
Avg Grant Size
$4K
-14.7% YoY
Under IRS private-foundation payout rules, Kakatu Foundation Inc reported a distributable amount of $121K for 2023 — the minimum it must pay out in qualifying distributions.
About Kakatu Foundation Inc
Based on IRS filings
Kakatu Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MUNCIE, IN. IRS filing data is available from 2018 through 2023. As of 2023, the organization holds $2.2M in total assets. In 2023, it awarded 28 grants totaling $117K. Net investment income was $92K.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $2,237,990 | $2,270,469 | $2,383,698 |
| Revenue | $115,328 | $59,762 | $170,758 |
| Expenses | $145,251 | $175,578 | $172,605 |
| Qualifying Distributions | $119,000 | $156,000 | $148,000 |
| Net Investment Income | $92,145 | $36,446 | $145,283 |
| Distributable Amount | $121,387 | $124,832 | $150,154 |
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 2023
Grant Size Distribution
153 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Hillcroft Services ($16,000), Montana State University ($10,000), Montana State University ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE INSTITUTE FOR HUMAN SERVICES HONOLULU, HI | GENRAL PURPOSE | $1,000 |
| RESIDENTIAL YOUTH SERVICES EMPOWER HONOLULU, HI | GENERAL MISSION | $2,000 |
| ACCESSURF HAWAII INC HONOLULU, HI | GENERAL MISSION | $2,000 |
| SURFRIDER FOUNDATION SEAL BEACH, CA | HSB CHAPTER | $1,000 |
| MONTANA STATE UNIVERSITY BOZEMAN, MT | FRED URBASKA ENDOWNMENT | $10,000 |
| HAWAII FOODBANK HONOLULU, HI | GENERAL MISSION | $1,000 |
| EDUCATIONAL ENRICHMENT FNDTN ARTS HUNTINGTON BEACH, CA | EFFA - GENERAL PURPOSE | $2,000 |
| BOYS GIRLS CLUB OF HAWAII HONOLULU, HI | WINDWARD CLUBHOUSE | $2,000 |
| HILLCROFT SERVICES MUNCIE, IN | RELIABLE TRANSIT DIVISION | $16,000 |
| BILLINGS SENIOR HIGH SCHOOL BILLINGS, MT | JOHN W URBASKA ART MURAL | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN MEEKS | PRESIDENT | 0.5 | — |
| DAVID MEEKS JR | VICE PRESIDENT | 0.5 | — |
| JAMES P BORGMANN | SECRETARY | 0.5 | — |
| SHEELA DAVIS | TREASURER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kakatu Foundation Inc?
Kakatu Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MUNCIE, IN. It holds $2.2M in total assets as of 2023.
How large is Kakatu Foundation Inc?
As of 2023, Kakatu Foundation Inc holds $2.2M in total assets with $115K in annual revenue. It awarded 28 grants totaling $117K in 2023.
Where does Kakatu Foundation Inc operate?
Kakatu Foundation Inc has awarded grants in Alabama, Arizona, California, Hawaii, Indiana, Michigan, Montana.
What size grants does Kakatu Foundation Inc award?
In 2023, Kakatu Foundation Inc awarded 28 grants totaling $117K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Kakatu Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Kakatu Foundation Inc reported a distributable amount of $121K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kakatu Foundation Inc's EIN?
Kakatu Foundation Inc's EIN (Employer Identification Number) is 35-2064839. IRS Form 990 filing data is available on this page for 2018–2023.
Explore Open Grants
Browse active grant opportunities in Kakatu Foundation Inc'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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