KET Foundation Inc
KET Foundation Inc is a private foundation focused on Human Services, based in Fernandina Beach, FL. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $809K in total assets. In 2025, it awarded 4 grants totaling $74K. Net investment income was $44K.
Key facts about KET Foundation Inc
In short: KET Foundation Inc gave $74K across 4 grants in 2025 (avg $19K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- EIN
- 87-2423353
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $74,000
- Grants made (2025)
- 4
- Average grant
- $18,500
- Median grant
- $6,500
- Total assets
- $809,382
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$809K
-5.5% YoY
Annual Giving
$74K
+0.1% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$19K
+0.1% YoY
Under IRS private-foundation payout rules, KET Foundation Inc reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.
How KET Foundation Inc gives
- Giving grew 270% from 2022 to 2025. Method
- In 2025 it paid out 453% of 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
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $20K (2022) to $74K (2025). In 2025 it made 4 grants totaling $74K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Three Rivers Legal Services Inc ($58K). Together the top 4 received $74K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 14 grants of 16 (88%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Three Rivers Legal Services Inc Gainesville, FL | Legal Aid Clinic | $58,000 |
| Michah's Place Fernandina Beach, FL | Support victims of domestic violence | $10,000 |
| Barnabas Center Inc Fernandina Beach, FL | Support anti-hunger programs | $3,000 |
| Nassau County Council on Aging Inc Fernandina Beach, FL | Support elder programs | $3,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $809,382 | $856,366 | $892,706 |
| Revenue | $10,504 | $12,330 | $12,674 |
| Expenses | $101,771 | $98,890 | $71,824 |
| Qualifying Distributions | $101,337 | $98,137 | $71,143 |
| Net Investment Income | $43,575 | $18,650 | $51,848 |
| Distributable Amount | $22,372 | $25,623 | $25,968 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 12, 2026)
- IRS filings on file for fiscal years 2022–2025
Leadership & Key People
Officers and directors from IRS filings
KET Foundation Inc is led by Erik R. Tavzel, President on every filing since 2022; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Erik R. Tavzel
President
On filings since 2022
35 hrs/week
No compensation reported
Patricia Parr
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Kerriann Tavzel
Secretary
On filings since 2022
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 KET Foundation Inc
How much does KET Foundation Inc give each year?
KET Foundation Inc gave $74K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $74K across 4 grants.
What is KET Foundation Inc's typical grant size?
KET Foundation Inc's median grant in 2025 was $6,500, and its average grant was $18,500, across 4 grants on its 2025 IRS Form 990-PF.
Where does KET Foundation Inc give grants?
KET Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fernandina Beach, FL (3 grants).
Does KET Foundation Inc give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on KET Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is KET Foundation Inc?
KET Foundation Inc reported $809K in total assets on its 2025 IRS Form 990-PF. It paid out $101K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets).
What is KET Foundation Inc?
KET Foundation Inc is a private foundation focused on Human Services, based in Fernandina Beach, FL. It holds $809K in total assets as of 2025.
What is KET Foundation Inc's EIN?
KET Foundation Inc's EIN (Employer Identification Number) is 87-2423353. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching KET Foundation Inc by hand.
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