Kelton Fund Inc
Kelton Fund Inc is a private foundation based in Santa Monica, California. Its 2025 filing lists grants for charitable activities to organizations including arts, health, and conservation grantees.
Kelton Fund Inc at a glance
In short: Kelton Fund Inc gave $574K across 11 grants in 2025 (avg $52K), mostly in California. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $573,900
- -58.5% vs 2024
- Grants made (2025)
- 11
- -26.7% vs 2024
- Average grant
- $52,173
- -43.4% vs 2024
- Median grant
- $3,500
- Total assets
- $1,027,807
- -34.1% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 11, 2025; small sample)
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Kelton Fund Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2716 Ocean Park Blvd 3006, Santa Monica, CA 90405
Phone: (310) 396-4514
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Kelton Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Trust for Public Land ($500K). Together the top 10 received $574K.
Grant Size Distribution
75 grants across all recorded years
The most common grant size was under $50K: 71 grants of 75 (95%).
Geographic Focus
Where this funder awards grants
The 2025 grant list includes recipients in California and Washington, DC. The listed grants were concentrated in California, including organizations in Los Angeles, San Francisco, Pasadena, and Santa Monica.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
Cities
Is Kelton Fund Inc open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 11 grantees (0%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. How we count
- 91% of 2025 grantees were also funded in 2024. Method
- Giving grew 393% from 2022 to 2025. Method
- In 2025 it paid out 824% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $100K (2021) to $1.4M (2024). In 2025 it made 11 grants totaling $574K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trust for Public Land San Francisco, CA | Support of Charitable Activities | $500,000 |
| Center Theatre Group Los Angeles, CA | Support of Charitable Activities | $30,000 |
| Los Angeles Opera Los Angeles, CA | Support of Charitable Activities | $20,000 |
| Discovery Eye Foundation Los Angeles, CA | Support of Charitable Activities | $10,000 |
| Geffen Playhouse Los Angeles, CA | Support of Charitable Activities | $5,000 |
| Los Angeles Philharmonic Associatio Los Angeles, CA | Support of Charitable Activities | $3,500 |
| A Noise Within Theatre Pasadena, CA | Support of Charitable Activities | $3,000 |
| Concern Foundation Los Angeles, CA | Support of Charitable Activities | $1,000 |
| Leo Baeck Temple Los Angeles, CA | Support of Charitable Activities | $600 |
| Kusc Los Angeles, CA | Support of Charitable Activities | $500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,027,807 | $47,727 | $578,574 | $573,900 | 11 | $577,447 | $65,836 | $70,106 |
| 2024 | $1,558,654 | $-76,393 | $1,389,023 | $1,382,600 | 15 | $1,386,140 | $141,623 | $138,583 |
| 2023 | $3,024,070 | $143,159 | $143,888 | $140,500 | 14 | $143,868 | $139,771 | $144,757 |
| 2022 | $3,024,799 | $65,928 | $119,771 | $116,505 | 19 | $125,636 | $143,457 | $136,206 |
| 2021 | $3,078,642 | $146,956 | $106,100 | $100,100 | 16 | $106,005 | $142,680 | $146,430 |
| 2020 | $3,037,786 | $144,284 | $150,169 | $144,437 | 26 | — | $150,938 | $136,650 |
Under IRS private-foundation payout rules, Kelton Fund Inc reported a distributable amount of $70K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement or formal funding priorities are stated. Its grants include support for charitable organizations with varied missions. For example, Discovery Eye Foundation says it supports research, education, and advocacy relating to sight-threatening eye disease; Geffen Playhouse says it provides theater productions and educational activities; and the American Heart Association says its mission is to promote longer, healthier lives. These are the grantees’ descriptions of their own work.
Grantmaking
In filing year 2025, the foundation reported 11 grants totaling $573,900. Grant amounts ranged from $300 to $500,000, with a median of $3,500. The largest grants included $500,000 to Trust for Public Land, $30,000 to Center Theatre Group, $20,000 to Los Angeles Opera, and $10,000 to Discovery Eye Foundation. Each was listed for “support of charitable activities.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David Kelton as President/Director, Joseph Alabada as Treasurer, and Mark Leekley as Vice President/Secretary.
Kelton Fund Inc is led by David Kelton, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
David Kelton
President & Director
On filings since 2020
1 hr/week
No compensation reported
Mark Leekley
Vice President & Secretary
Treasurer → Vice President & Secretary, 2024
On filings since 2020
1 hr/week
No compensation reported
Joseph Alabada
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (1)
- Former: Lenora Kelton (2020–2022) — V President, Secretary & Director
Data from IRS Form 990 filings, 2020–2025. "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 Kelton Fund Inc
How much does Kelton Fund Inc give each year?
Kelton Fund Inc gave $574K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.4M across 15 grants.
What is Kelton Fund Inc's typical grant size?
Kelton Fund Inc's median grant in 2025 was $3,500, and its average grant was $52,173, across 11 grants on its 2025 IRS Form 990-PF.
Where does Kelton Fund Inc give grants?
Kelton Fund Inc gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Los Angeles, CA (8 grants).
Does Kelton Fund Inc give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on Kelton Fund Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support of Charitable Activities" (11 grants).
Who are Kelton Fund Inc's largest grantees?
Kelton Fund Inc's largest 2025 grantees include Trust for Public Land ($500,000), Center Theatre Group ($30,000) and Los Angeles Opera ($20,000), according to its 2025 IRS Form 990-PF. Together they received 96% of its itemized 2025 grant dollars.
How large is Kelton Fund Inc?
Kelton Fund Inc reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $577K in qualifying distributions that year, against a required minimum of $70K (roughly 5% of its investment assets).
What does Kelton Fund Inc fund?
No mission statement or formal funding priorities are stated. Its grants include support for charitable organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Kelton Fund Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Kelton Fund Inc's EIN?
Kelton Fund Inc's EIN (Employer Identification Number) is 95-6092356. IRS Form 990 filing data is available on this page for 2020–2025.
Does Kelton Fund Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 31, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 1, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 23, 2026)
Explore Open Grants
Browse active grant opportunities in Kelton Fund Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Kelton Fund Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/kelton-fund-inc-morg_b560baaa71964feb957f86204424beca
BibTeX
@misc{grantable_956092356_2026,
author = {{Grantable}},
title = {{Kelton Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/kelton-fund-inc-morg_b560baaa71964feb957f86204424beca},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Kelton Fund 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.
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