Kane Family Foundation Inc

COLORADO SPRINGS, CO EIN: 90-0689673

Kane Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO SPRINGS, CO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $35.8M in total assets. In 2024, it awarded 9 grants totaling $1.5M. Net investment income was $1.3M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$35.8M

+3.0% YoY

Annual Giving

$1.5M

+18.4% YoY

Grant Count

+12.5% YoY

Avg Grant Size

$172K

+5.3% YoY

Under IRS private-foundation payout rules, Kane Family Foundation Inc reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.

About Kane Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $5.3M (100%)

States

Colorado

Cities

Colorado SpringsLa JuntaLamarPuebloTrinidad

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$35,843,793	$34,789,859	$32,533,380
Revenue	$1,434,030	$1,070,072	$1,295,440
Expenses	$745,042	$1,269,711	$3,176,526
Qualifying Distributions	$1,652,279	$1,418,647	$1,428,886
Net Investment Income	$1,274,787	$910,758	$1,127,470
Distributable Amount	$1,701,334	$1,633,334	$1,812,435

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

32 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Colorado Foundation ($740,753), CSU - Pueblo Foundation ($481,241), University of Colorado Foundation ($75,000).

Recipient	Purpose	Amount
University of Colorado Foundation Colorado Springs, CO	Scholarships	$740,753
CSU - Pueblo Foundation Pueblo, CO	Scholarships	$481,241
Pikes Peak Community College Foundation Colorado Springs, CO	Scholarships	$58,960
Pueblo Community College Foundation Pueblo, CO	Scholarships	$60,041
Otero Community College La Junta, CO	Scholarships	$22,032
Trinidad State Education Foundation Trinidad, CO	Scholarships	$11,253
Lamar Community College Lamar, CO	Scholarships	$46,739
University of Colorado Foundation Colorado Springs, CO	Scholarships	$75,000
National Museum of World War II Aviation Colorado Springs, CO	Operational	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Kane Family Foundation Inc?

Kane Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO SPRINGS, CO. It holds $35.8M in total assets as of 2024.

How large is Kane Family Foundation Inc?

As of 2024, Kane Family Foundation Inc holds $35.8M in total assets with $1.4M in annual revenue. It awarded 9 grants totaling $1.5M in 2024.

Where does Kane Family Foundation Inc operate?

Kane Family Foundation Inc has awarded grants in Colorado.

What size grants does Kane Family Foundation Inc award?

In 2024, Kane Family Foundation Inc awarded 9 grants totaling $1.5M — an average of about $172K per grant, based on its IRS Form 990 filings.

How much is Kane Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kane Family Foundation Inc reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.