Kelton Fund Inc
Kelton Fund Inc is a private foundation based in Santa Monica, California. The organization is designated as a 501(c)(3) tax-exempt entity and has been operating since 1957. The foundation engages in grantmaking activities focused on charitable purposes across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-48.5% YoY
Annual Giving
$1.4M
+884.1% YoY
Grant Count
15
+7.1% YoY
Avg Grant Size
$92K
+818.5% YoY
Under IRS private-foundation payout rules, Kelton Fund Inc reported a distributable amount of $139K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
No information regarding application procedures or guidelines is available in the provided sources.
How to Apply
**
Ready to take the next step with Kelton Fund Inc?
Geographic Focus
Where this funder awards grants
The foundation's grant-making activities are primarily concentrated in:
- California
- District of Columbia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2023):
- Total Assets: $3.02 million
- Revenue: $143,000
- Expenses: $144,000
- Total Liabilities: $0
Additional Financial Data (2024 filing):
- Total Assets: $1,558,654
- Total Giving: $1,382,600
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,558,654 | $3,024,070 | $3,024,799 |
| Revenue | $-76,393 | $143,159 | $65,928 |
| Expenses | $1,389,023 | $143,888 | $119,771 |
| Qualifying Distributions | $1,386,140 | $143,868 | $125,636 |
| Net Investment Income | $141,623 | $139,771 | $143,457 |
| Distributable Amount | $138,583 | $144,757 | $136,206 |
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
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Trust for Public Land ($1,250,000), Guadalupe Kids Come First Foundatio ($60,000), Center Theatre Group ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| American Heart Association Washington, DC | SUPPORT OF CHARITABLE ACTIVITIES | $200 |
| Center Theatre Group Los Angeles, CA | SUPPORT OF CHARITABLE ACTIVITIES | $25,000 |
| Discovery Eye Foundation Los Angeles, CA | SUPPORT OF CHARITABLE ACTIVITIES | $5,000 |
| Geffen Playhouse Los Angeles, CA | SUPPORT OF CHARITABLE ACTIVITIES | $3,000 |
| Guadalupe Kids Come First Foundatio Guadalupe, CA | SUPPORT OF CHARITABLE ACTIVITIES | $60,000 |
| KUSC Los Angeles, CA | SUPPORT OF CHARITABLE ACTIVITIES | $200 |
| Leo Baeck Temple Los Angeles, CA | SUPPORT OF CHARITABLE ACTIVITIES | $250 |
| Los Angeles Opera Los Angeles, CA | SUPPORT OF CHARITABLE ACTIVITIES | $20,000 |
| Los Angeles Philharmonic Associatio Los Angeles, CA | SUPPORT OF CHARITABLE ACTIVITIES | $3,500 |
| Saint John's Health Center Foundati Santa Monica, CA | SUPPORT OF CHARITABLE ACTIVITIES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David Kelton | President/Dir | 1 | — |
| Joseph Alabada | Treasurer | 1 | — |
| Mark Leekley | Vice Pres/Sec | 1 | — |
Contact Information
Address: 2716 Ocean Park Boulevard, Suite 3006 Santa Monica, CA 90405-5299
Telephone: 310-396-4514
Frequently Asked Questions
What does Kelton Fund Inc fund?
The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Kelton Fund Inc?
**Grant Activity:** • Total giving: $1,382,600 (based on most recent IRS Form 990 filing) • Typical award range: $100–$1,250,000 • The foundation maintains an active grantmaking program with recent grant activity documented in tax filings **Application Process:** No information regarding application procedures or guidelines is available in the provided sources.
Where does Kelton Fund Inc make grants?
The foundation's grant-making activities are primarily concentrated in: • California • District of Columbia
What size grants does Kelton Fund Inc award?
In 2024, Kelton Fund Inc awarded 15 grants totaling $1.4M — an average of about $92K per grant, based on its IRS Form 990 filings.
How much is Kelton Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kelton Fund Inc reported a distributable amount of $139K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Kelton Fund Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Gochnauer Family Foundation
CORONA DEL MAR, CA
Assets
$15.2M
Grants
39
Total Given
$313K
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Kelton Fund Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Kelton Fund Inc to a real strategy.