Kataly Foundation

Private foundation · Grantmaker San Francisco, CA EIN: 83-2592980

Kataly Foundation is a private foundation, based in San Francisco, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $237.8M in total assets. In 2024, it awarded 3 grants totaling $69.4M. Net investment income was $10.3M.

Key facts about Kataly Foundation

In short: Kataly Foundation gave $69.4M across 3 grants in 2024 (avg $23.1M), mostly in Maryland. Source: 2024 IRS Form 990-PF.

EIN
83-2592980
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$69,361,800
Grants made (2024)
3
Average grant
$23,120,600
Median grant
$15,300,000
Total assets
$237,781,150
Primary geography
Maryland (75% 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

$237.8M

-21.1% YoY

Annual Giving

$69.4M

-0.2% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$23.1M

-0.2% YoY

Under IRS private-foundation payout rules, Kataly Foundation reported a distributable amount of $11.2M for 2024 — the minimum it must pay out in qualifying distributions.

How Kataly Foundation gives

  • Giving grew 78% from 2021 to 2024. Method
  • 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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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 3 itemized 2024 grant dollars.

Cities

BethesdaWashingtonSan FranciscoOakland

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M$80M2 grants20202 grants20213 grants20223 grants20233 grants2024

From 2020 to 2024, annual grant giving ranged from $39.1M (2021) to $69.5M (2023). In 2024 it made 3 grants totaling $69.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Impactassets Inc: $52.0MImpactassets Inc$52.0MPossibility Labs: $15.3MPossibility Labs$15.3MAmalgamated Charitable Foundation: $2.1MAmalgamated CharitableFoundation$2.1M

The largest 2024 recipient was Impactassets Inc ($52.0M). Together the top 3 received $69.4M.

Grant Size Distribution

13 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M4$1–5M9$5M+

The most common grant size was $5M or more: 9 grants of 13 (69%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Impactassets Inc Bethesda, MDCharitable Activities$52,000,000
Possibility Labs San Francisco, CACharitable Activities$15,300,000
Amalgamated Charitable Foundation Washington, DCCharitable Activities$2,061,800

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50M$100M$150M20202021202220232024
Metric202420232022
Total Assets$237,781,150$301,447,884$358,072,110
Revenue$10,938,637$12,798,906$20,339,784
Expenses$86,215,072$58,234,054$67,310,787
Qualifying Distributions$132,736,822$73,932,854$43,261,462
Net Investment Income$10,325,372$15,419,175$19,921,981
Distributable Amount$11,242,875$14,941,602$18,304,513

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

Kataly Foundation is led by Nwamaka Agbo, Chief Executive Officer on every filing since 2020; 3 of 9 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Nwamaka Agbo

    Chief Executive Officer

    On filings since 2020

    40 hrs/week

    $120K (2020) → $504K (2024)

  • Christopher Olin

    Director & President

    On filings since 2020

    2.5 hrs/week

    No compensation reported

  • Regan Pritzker

    Director & Chairperson

    On filings since 2020

    2.5 hrs/week

    No compensation reported

  • Susan S. Pritzker

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Joleen Ruffin

    Chief Financial Officer

    On filings since 2021

    40 hrs/week

    $197K (2021) → $340K (2024)

  • Lynne M. Hoey

    Chief Investment Officer

    On filings since 2021

    40 hrs/week

    $113K (2021) → $278K (2024)

  • James Schwaba

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Amy Freidinger

    Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

  • Lori D. Mills

    Vice President

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Joseph I. Perkovich (2020–2021) — Vice President & Secretary · Filing note: Thru 123121

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

Nwamaka Agbo — Chief Executive Officer: $504KNwamaka AgboChief Executive Officer$504KJoleen Ruffin — Chief Financial Officer: $340KJoleen RuffinChief Financial Officer$340KLynne M Hoey — Chief Investment Officer: $278KLynne M HoeyChief Investment Officer$278K

The highest reported compensation on the 2024 filing was $504K, to Nwamaka Agbo (Chief Executive Officer). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Kataly Foundation

How much does Kataly Foundation give each year?

Kataly Foundation gave $69.4M across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $69.5M across 3 grants.

What is Kataly Foundation's typical grant size?

Kataly Foundation's median grant in 2024 was $15,300,000, and its average grant was $23,120,600, across 3 grants on its 2024 IRS Form 990-PF.

Where does Kataly Foundation give grants?

Kataly Foundation gives mostly in Maryland: 75% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (22%).

Does Kataly Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Kataly Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Activities" (3 grants).

How large is Kataly Foundation?

Kataly Foundation reported $237.8M in total assets on its 2024 IRS Form 990-PF. It paid out $132.7M in qualifying distributions that year, against a required minimum of $11.2M (roughly 5% of its investment assets).

What is Kataly Foundation's EIN?

Kataly Foundation's EIN (Employer Identification Number) is 83-2592980. 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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