Kla Foundation

MILPITAS, CA EIN: 77-0557004

KLA Foundation is a corporate foundation based in Milpitas, California, established in 2000. The foundation is affiliated with KLA Corporation and operates as a 501(c)(3) organization committed to advancing humanity by investing in communities to create a more equitable, inclusive, and accessible world.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$594K

-92.0% YoY

Grant Count

10

-96.3% YoY

Avg Grant Size

$59K

+114.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

KLA Foundation is committed to advancing humanity by investing in communities to create a more equitable, inclusive, and accessible world. The foundation believes that making an impact requires listening, ongoing collaboration, patience, and a holistic understanding of human needs.

The foundation's primary funding areas include:

  • Education — with special emphasis on science, technology, engineering, and math (STEM) education
  • Health and Wellness
  • Social Services and Social Equity
  • Access and Equity — expanding access to quality education among underrepresented students

Grantmaking

KLA Foundation strategically partners with organizations that know their communities best to create upstream solutions for sustainable change. The foundation also empowers employees to get involved in causes close to their hearts through matching gift programs.

Grant Range

**

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Geographic Focus

Where this funder awards grants

The foundation funds organizations primarily in:

  • California (Bay Area)
  • Oregon
  • Southeast Michigan
  • Virginia
  • New Hampshire

Grant Distribution by State

25states
+17 more states

Cities

AlamedaAlbuquequeAlbuquerqueAllentownAnn ArborArlingtonAthertonAtlantaAustinBaltimoreBeavertonBedfordBethlehemBillericaBoiseBostonBreaBurlingtonCampbellCasa Grande

Financial History

Multi-year comparison from IRS filings

2024 Financial Data:

  • Total Assets: $0
  • Total Giving: $594,026
  • Revenue: $3.3 million

2024 Expenses: $886,000

Tax Status: Tax-exempt since January 2001; designated as a 501(c)(3) organization

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$11M$17M$22M20202021202220232024
Metric202420232022
Total Assets$37,846,768$38,477,470
Revenue$3,300,972$6,872,021$20,218,873
Expenses$885,856$8,349,171$7,675,687
Qualifying Distributions$594,026$7,396,319$7,022,140
Net Investment Income$303,074$1,057,668$346,744
Distributable Amount$412,325$1,604,077$1,327,469

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$7M202 grants202097 grants2021153 grants2022267 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BENEVITY-MATCHING$372KAMERICAN CANCER SOCIETY$50KAMERICAN DIABETES ASSOCI…$50KRESOURCE AREA FOR TEACHE…$50KJAPANESE RED CROSS SOCIETY$40KSILICON VALLEY BICYCLE C…$10KCIVIC FORCE$10KBLESSINGS IN A BACKPACK$8KFOR INSPIRATION AND RECO…$3KMILPITAS HIGH SCHOOL$2K

Grant Size Distribution

210 grants across all recorded years

175<$50K25$50–100K3$100–250K3$250–500K2$500K–1M2$1–5M$5M+

Open Grants

1 open opportunity from Kla Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Jen McCollum — Executive Director
  • Jen Shea — Executive Director (referenced in 2023 announcement)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICK WALLACEDIRECTOR1
JOHN VAN CAMPBOARD CHAIRMAN1
JOHN MCLAUGHLINPRESIDENT1
MARYBETH WILKINSONDIRECTOR1
BOBBY BELLDIRECTOR1
JEN SHEAEXECUTIVE DIRECTOR40

Recent News & Activity

Recent developments and announcements

2022

**December 2022:** KLA Foundation distributed more than $1 million in grants and donations to support social equity, access, and education with emphasis in STEM in the Bay Area and Southeast Michigan. This represented the first time the foundation made a single investment of this magnitude.

KLA Foundation Invests More Than $1 Million in Bay Area and Michigan Nonprofits
2023

**August 2023:** KLA Foundation announced inaugural KLA Education Equity Fund grants totaling $1 million to four education-related nonprofits working to narrow the gap for underrepresented K-12 students in California and Oregon. The foundation selected grantees based on their impactful change in communities where KLA Corporation has a presence and their alignment with three core values: expanding access to education, advancing emotional well-being, and improving systems.

KLA Foundation Invests More Than $1 Million in Bay Area and Michigan Nonprofits

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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