The KLA Foundation is a corporate foundation based in Ann Arbor, Michigan. The organization operates with a volunteer board and a full-time executive director, focusing on community engagement and philanthropic support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$39.6M
Annual Giving
$6.3M
Grant Count
171
Avg Grant Size
$37K
Grantmaking
The foundation has demonstrated significant grantmaking activity, having invested more than $1 million in nonprofits across the Bay Area and Michigan to advance social equity, access, and education. The foundation has announced inaugural funding rounds focused on education opportunity and social equity initiatives.
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Geographic Focus
Where this funder awards grants
The KLA Foundation funds organizations in the Bay Area and Michigan.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
According to the most recent available data:
- Total Assets: $0
- Annual Grants: $0 (2024)
- The foundation's financial reporting shows no reported assets, expenses, or revenue in the available data
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $39,615,445 | — |
| Revenue | $6,018,361 | — |
| Expenses | $7,117,282 | — |
| Qualifying Distributions | $6,260,251 | — |
| Net Investment Income | $1,078,044 | — |
| Distributable Amount | $1,689,972 | — |
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
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by Executive Director Jen Shea, who serves full-time without compensation. The volunteer board includes:
- Rick Wallace
- John Van Camp
- John McLaughlin
- Marybeth Wilkinson
- Bobby Bell
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICK WALLACE | DIRECTOR | 1 | — |
| JOHN VAN CAMP | BOARD CHAIRMAN | 1 | — |
| JOHN MCLAUGHLIN | PRESIDENT | 1 | — |
| MARYBETH WILKINSON | DIRECTOR | 1 | — |
| JEN SHEA | TREASURER/SECRETARY | 40 | — |
| RANDI POLANICH | DIRECTOR | 1 | — |
Contact Information
Website: https://www.kla.foundation/
Address: 1200 Woodridge Ave, Ann Arbor, MI 48105
Tax ID: 92-2290961
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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