KD Foundation Inc
KD Foundation Inc is a private foundation, based in Pasadena, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 2 grants totaling $135K. Net investment income was $2.8M.
KD Foundation Inc at a glance
In short: KD Foundation Inc gave $135K across 2 grants in 2024 (avg $68K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $135,100
- +335.1% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $67,550
- +335.1% vs 2023
- Median grant
- $67,550
- Total assets
- $3,930,905
- +188.3% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who KD Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was La Salle College Preparatory ($85K). Together the top 2 received $135K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 3 grants of 7 (43%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How KD Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−6%). Method
- In 2024 it paid out 440% of 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 2021 to 2024, annual grant giving ranged from $31K (2023) to $144K (2021). In 2024 it made 2 grants totaling $135K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| La Salle College Preparatory Pasadena, CA | Doantions | $85,100 |
| San Marino School Foundation San Marino, CA | Donation | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,930,905 | $2,805,135 | $237,905 | $135,100 | 2 | $236,243 | $2,803,473 | $53,677 |
| 2023 | $1,363,675 | $-258,480 | $58,550 | $31,050 | 2 | $58,550 | $13,975 | $52,316 |
| 2022 | $1,678,705 | $-1,385,884 | $149,212 | $70,720 | 1 | $109,142 | — | $75,425 |
| 2021 | $3,212,101 | $2,816,069 | $320,543 | $144,167 | 2 | $320,543 | $2,816,069 | $103,973 |
| 2020 | $2,612,400 | $2,612,400 | $2,650 | — | — | — | — | $9,849 |
Under IRS private-foundation payout rules, KD Foundation Inc reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
KD Foundation Inc is led by David Dai, CEO on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
David Dai
CEO
On filings since 2020
10 hrs/week
No compensation reported
Lynn Qin
CFO
On filings since 2020
10 hrs/week
No compensation reported
Zhuling Dai
Secretary
On filings since 2020
10 hrs/week
No compensation reported
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.
Frequently asked questions about KD Foundation Inc
How much does KD Foundation Inc give each year?
KD Foundation Inc gave $135K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $31K across 2 grants.
How large is KD Foundation Inc?
KD Foundation Inc reported $3.9M in total assets on its 2024 IRS Form 990-PF. It paid out $236K in qualifying distributions that year, against a required minimum of $54K (roughly 5% of its investment assets).
Where does KD Foundation Inc operate?
KD Foundation Inc has awarded grants in California.
What is KD Foundation Inc's EIN?
KD Foundation Inc's EIN (Employer Identification Number) is 85-3195993. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work KD Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in KD Foundation Inc's focus areas in our free grants database
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