Kane Realty Foundation Inc

Foundation · Grantmaker Raleigh, NC EIN: 88-1689213

Kane Realty Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $933 in total assets. In 2024, it awarded 12 grants totaling $88K.

Key facts about Kane Realty Foundation Inc

EIN: 88-1689213
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $88,412
Grants made (2024): 12
Average grant: $7,368
Median grant: $1,000
Total assets: $933
Primary geography: North Carolina (91% of itemized 2024 grant dollars)

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

Who Kane Realty Foundation Inc funds

By grant dollars, the top recipient states for Kane Realty Foundation Inc's 12 itemized 2024 grants were North Carolina (91%) and District of Columbia (9%). The most frequent recipient cities were Raleigh, NC (10 grants). 100% of grants with a stated purpose were for general or operating support.

How Kane Realty Foundation Inc gives

In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$933

+833.0% YoY

Annual Giving

$88K

Grant Count

Avg Grant Size

$7K

Under IRS private-foundation payout rules, Kane Realty Foundation Inc reported a distributable amount of $43 for 2024 — the minimum it must pay out in qualifying distributions.

About Kane Realty 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

North Carolina $80K (91%)

District of Columbia $8K (9%)

Share of all 12 itemized 2024 grant dollars.

States

District of Columbia North Carolina

Cities

RaleighMorrisvilleWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$933	$100	$30
Revenue	$89,700	—	—
Expenses	$88,867	$130	$16,763
Qualifying Distributions	$88,640	$65	$8,382
Net Investment Income	—	—	—
Distributable Amount	$43	$3	$2

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2022–2024

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

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Citizens for a Safe and Secure Raleigh Inc ($50,000), Raleigh Police Department Foundation ($15,000), Urban Land Institute ($8,000).

Recipient	Purpose	Amount
CITIZENS FOR A SAFE AND SECURE RALEIGH INC Raleigh, NC	GENERAL SUPPORT	$50,000
RALEIGH POLICE DEPARTMENT FOUNDATION Raleigh, NC	GENERAL SUPPORT	$15,000
URBAN LAND INSTITUTE Washington, DC	GENERAL SUPPORT	$8,000
NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION Raleigh, NC	GENERAL SUPPORT	$7,500
SOUTHEAST RALEIGH PROMISE INC Raleigh, NC	GENERAL SUPPORT	$2,500
NORTH CAROLINA FC YOUTH Raleigh, NC	GENERAL SUPPORT	$1,000
DOWNTOWN RALEIGH ALLIANCE Raleigh, NC	GENERAL SUPPORT	$1,000
NORTH CAROLINA MUSEUM OF HISTORY ASSOCIATES INC Raleigh, NC	GENERAL SUPPORT	$1,000
JUNIOR LEAGUE OF RALEIGH INCORPORATED Raleigh, NC	GENERAL SUPPORT	$1,000
BIG BROTHERS BIG SISTERS OF THE TRIANGLE Morrisville, NC	GENERAL SUPPORT	$600

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
John Kane	President	2	—
Jennings Glenn	Secretary/Treasurer	2	—
Michael Smith	Vice President	1	—
Thaddeus Barringer	Assistant Secretary	1	—
Bonner Gaylord	Assistant Secretary	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Kane Realty Foundation Inc?

Kane Realty Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. It holds $933 in total assets as of 2024.

How large is Kane Realty Foundation Inc?

As of 2024, Kane Realty Foundation Inc holds $933 in total assets with $90K in annual revenue. It awarded 12 grants totaling $88K in 2024.

Where does Kane Realty Foundation Inc operate?

Kane Realty Foundation Inc has awarded grants in District of Columbia, North Carolina.

What size grants does Kane Realty Foundation Inc award?

In 2024, Kane Realty Foundation Inc awarded 12 grants totaling $88K — an average of about $7K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kane Realty Foundation Inc reported a distributable amount of $43 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.