Kalliopeia Foundation

Private foundation · Grantmaker Inverness, CA EIN: 94-3270387

Kalliopeia Foundation is a private foundation, based in Inverness, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $291.6M in total assets. In 2024, it awarded 1 grant totaling $6.9M. Net investment income was $16.0M.

Key facts about Kalliopeia Foundation

In short: Kalliopeia Foundation gave $6.9M across 1 grant in 2024 (avg $6.9M), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
94-3270387
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$6,890,000
Grants made (2024)
1
Average grant
$6,890,000
Median grant
$6,890,000
Total assets
$291,607,071
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$291.6M

+2.5% YoY

Annual Giving

$6.9M

+0.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$6.9M

+0.7% YoY

How Kalliopeia Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+2%). Method
  • In 2023 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Open Grants

1 open opportunity from Kalliopeia Foundation

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $6.5M (2022) to $6.9M (2024). In 2024 it made 1 grant totaling $6.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

See Grant Statement: $6.9MSee Grant Statement$6.9M

The largest 2024 recipient was See Grant Statement ($6.9M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

The most common grant size was $5M or more: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
See Grant Statement See Grant Statement, CASee Grant Statement$6,890,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50M$100M$150M$200M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$291,607,071$284,507,941$228,488,345
Revenue$18,406,741$46,125,271$139,078,294
Expenses$14,205,571$15,208,871$16,055,219
Qualifying Distributions$14,779,323$13,519,650$12,881,070
Net Investment Income$16,003,693$5,405,303$13,018,771
Distributable Amount—$11,893,639$4,792,234

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Kalliopeia Foundation is led by Z Fuller-Rowell, Executive Director on every filing since 2022; 5 of 6 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Z Fuller-Rowell

    Executive Director

    On filings since 2022

    35 hrs/week

    $178K (2022) → $200K (2024)

  • L Kleger

    Board Chair

    Director → Treasurer, 2022

    Treasurer → Board Chair, 2023

    On filings since 2020

    3 hrs/week

    $10K (2020) → $25K (2024)

  • S Manu

    Director

    On filings since 2020

    3 hrs/week

    $10K (2020) → $0 (2024)

  • J Huxley

    Director

    On filings since 2023

    3 hrs/week

    $25K (2023) → $25K (2024)

  • Z Whalen

    Director

    On filings since 2023

    3 hrs/week

    $25K (2023) → $10K (2024)

  • D Weeren

    Sect'y & Treasurer

    Secretary → Sect'y & Treasurer, 2023

    On filings since 2020

    3 hrs/week

    $10K (2020) → $25K (2024)

Former officers (2)
  • Former: M Horn (2020–2022) — Board Chair
  • Former: T Sargent (2020–2021) — Treasurer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Z Fuller-Rowell — Executive Dir.: $200KZ Fuller-RowellExecutive Dir.$200KL Kleger — Board Chair: $25KL KlegerBoard Chair$25KJ Huxley — Director: $25KJ HuxleyDirector$25KD Weeren — Sect'y/Treas: $25KD WeerenSect'y/Treas$25KZ Whalen — Director: $10KZ WhalenDirector$10K

The highest reported compensation on the 2024 filing was $200K, to Z Fuller-Rowell (Executive Dir.). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Kalliopeia Foundation

How much does Kalliopeia Foundation give each year?

Kalliopeia Foundation gave $6.9M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6.8M across 1 grant.

How large is Kalliopeia Foundation?

Kalliopeia Foundation reported $291.6M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $18.4M.

Where does Kalliopeia Foundation operate?

Kalliopeia Foundation has awarded grants in California.

What is Kalliopeia Foundation's EIN?

Kalliopeia Foundation's EIN (Employer Identification Number) is 94-3270387. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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