KB Foundation Inc
KB Foundation Inc is a private foundation focused on International, Foreign Affairs & National Security, based in Dayton, OH. IRS filing data is available from 2019 through 2023. In 2023, it awarded 1 grant totaling $4K.
KB Foundation Inc at a glance
In short: KB Foundation Inc gave $4K across 1 grant in 2023 (avg $4K), mostly in Texas. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $4,135
- +727.0% vs 2022
- Grants made (2023)
- 1
- +0.0% vs 2022
- Average grant
- $4,135
- +727.0% vs 2022
- Median grant
- $4,135
- Primary geography
- Texas (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who KB Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Ekal Vidyalaya ($4K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 5 grants of 6 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
How KB Foundation Inc gives
- Giving fell 59% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $500 (2022) to $204K (2019). In 2023 it made 1 grant totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ekal Vidyalaya Houston, TX | Support Continuing Operations | $4,135 |
Ready to take the next step with KB Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2023 | — | — | $4,135 | $4,135 | 1 | $4,135 | $179 |
| 2022 | $4,135 | — | $500 | $500 | 1 | $500 | $216 |
| 2021 | $4,635 | — | $1,300 | $1,000 | 1 | $1,000 | $288 |
| 2020 | $5,935 | — | $10,000 | $10,000 | 1 | — | $719 |
| 2019 | $15,935 | $150,000 | $204,050 | $203,650 | 2 | — | $1,749 |
Under IRS private-foundation payout rules, KB Foundation Inc reported a distributable amount of $179 for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
KB Foundation Inc is led by Kirit Patel, President on every filing since 2019; none of the 4 officers listed in 2023 report compensation.
Officers on the 2023 filing
Kirit Patel
President
On filings since 2019
No compensation reported
Vilasben Vilas Patel
Director
On filings since 2019
No compensation reported
Aakash Patel
Treasurer
On filings since 2019
No compensation reported
Neil Patel
Secretary
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about KB Foundation Inc
How much does KB Foundation Inc give each year?
KB Foundation Inc gave $4K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $500 across 1 grant.
What is KB Foundation Inc?
KB Foundation Inc is a private foundation focused on International, Foreign Affairs & National Security, based in Dayton, OH.
Where does KB Foundation Inc operate?
KB Foundation Inc has awarded grants in New Jersey, Ohio, Texas.
How much is KB Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, KB Foundation Inc reported a distributable amount of $179 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is KB Foundation Inc's EIN?
KB Foundation Inc's EIN (Employer Identification Number) is 47-5436438. IRS Form 990 filing data is available on this page for 2019–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 30, 2020)
- IRS filings on file for fiscal years 2020–2023
Other open foundation grants in Ohio
Ohio Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in KB Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Tara and Jay Panara Family Foundation
Largo, FL
Assets
$660K
Grants
3
Total Given
$31K
Renu and Divyang Charitable Foundation
St Petersburg, FL
Assets
$976K
Grants
7
Total Given
$13K
DBM Family Foundation
Haymarket, VA
DBM Family Foundation supports charitable, educational, and religious purposes, including higher education, humanitarian relief, and programs serving people in the United States and India. Its 2025 grants ranged from $150 to $25,000, with a median of $1,250. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$217K
Grants
11
Total Given
$38K
Gandhi Charitable Foundation Inc
Oakbrook, IL
The foundation funds preselected organizations working in areas including education and research, community development, water, humanitarian response, and Jain and yogic activities, with 2025 grants ranging from $5,000 to $60,000 and a median of $10,000. Its 2025 grants went to recipients in Illinois, California, Tennessee, Texas, and Washington, DC; it does not accept unsolicited funding requests.
Assets
$2.9M
Grants
12
Total Given
$205K
Credit Suisse Americas Foundation
New York, NY
Before dissolving on October 16, 2024, Credit Suisse Americas Foundation made general operating grants, with its 2024 awards ranging from $6,954 to $811,880. Nearly all 2024 grant dollars went to organizations in Pennsylvania, with 1% going to Illinois; it accepted written proposals with an IRS determination letter, with deadlines of February 15 and August 15.
Assets
—
Grants
2
Total Given
$819K
The Shashi and Pratima Patel
Satellite Beach, FL
Assets
$140K
Grants
5
Total Given
$85K
More similar funders
More Funders in Ohio
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from KB Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
KB Foundation Inc down — hundreds of funders to go?