KLM Foundation is a private foundation established in 1997 and based in Los Angeles, California. The organization holds 501(c)(3) tax-exempt status and operates as a grantmaking foundation focused on philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$113.9M
+10.2% YoY
Annual Giving
$5.1M
+0.7% YoY
Grant Count
253
+4.5% YoY
Avg Grant Size
$20K
-3.7% YoY
Under IRS private-foundation payout rules, Klm Foundation reported a distributable amount of $4.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to effect change in underserved, rural communities by helping to improve access to higher education and social opportunities for talented young people from marginalized communities in the Mpumalanga Province of South Africa.
Primary funding focus areas include:
- Education
- Higher education access
- Philanthropy and grantmaking
- Human services
- Science and STEM education
Grantmaking
Grant Range
$5,000
Average Grant
amount: $18,000
Invitation Only
** The foundation does not accept unsolicited applications. Grantmaking is invitation-only and preselected; the foundation typically selects grantees rather than accepting unsolicited proposals.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated primarily in:
- California
- District of Columbia
- New York
These three states account for approximately 77% of all grants. Grantmaking reaches organizations across 30 states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2023: $103,388,474
- 2024: $113,922,592
Revenue (2023):
- Total revenues: $3,163,559
- Total grants and contributions: $461,036
- Investment income and dividends: $1,748,958
- Net gain from sale of non-inventory assets: $938,165
Expenses (2023):
- Total expenses: $5,712,142
Liabilities (2023):
- Total liabilities: $1,020,000
Giving Rate: Approximately 4.9% of assets annually
Historical Asset Growth: Assets have grown from $35.1 million in 2011 to $113.9 million in 2024.
Cumulative Grantmaking: According to available records, the foundation has made 1,026 grants totaling $19 million and has supported 313 unique organizations.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $113,922,592 | $103,388,474 | $90,908,860 |
| Revenue | $10,304,793 | $3,163,559 | $2,521,955 |
| Expenses | $5,763,260 | $5,712,142 | $5,847,206 |
| Qualifying Distributions | $5,243,870 | $5,188,060 | $5,219,655 |
| Net Investment Income | $9,462,771 | $2,219,557 | $3,217,549 |
| Distributable Amount | $4,697,528 | $4,134,185 | $4,107,240 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Catholic Education Foundation ($250,000), Catholic Relief Services ($50,000), Equestrian Order of the Holy Sepulchre of Jerusalem ($26,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A PLACE CALLED HOME LOS ANGELES, CA | GENERAL | $5,000 |
| ACCESS BOOKS LOS ANGELES, CA | GENERAL | $5,000 |
| AFRICAN WILDLIFE FOUNDATION WASHINGTON, DC | GENERAL | $5,000 |
| AMERICA MEDIA NEW YORK, NY | GENERAL | $2,500 |
| AMERICAN FARMLAND TRUST WASHINGTON, DC | GENERAL | $10,000 |
| AMERICAN INDIAN COLLEGE FUND DENVER, CO | GENERAL | $5,000 |
| AMERICAN RED CROSS LOS ANGELES LOS ANGELES, CA | GENERAL | $10,000 |
| AMERICARES STAMFORD, CT | GENERAL | $5,000 |
| ANGELUS ARLINGTON, TX | GENERAL | $2,500 |
| AQUARIUM OF THE PACIFIC LONG BEACH, CA | GENERAL | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer: Kathleen L. McCarthy
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHLEEN L MCCARTHY | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Klm Foundation fund?
The foundation's mission is to effect change in underserved, rural communities by helping to improve access to higher education and social opportunities for talented young people from marginalized communities in the Mpumalanga Province of South Africa. Primary funding focus areas include: • Education • Higher education access • Philanthropy and grantmaking • Human services • Science and STEM education
How do I apply for a grant from Klm Foundation?
**Grant Activity (2023):** • Total giving: $5.1 million • Number of grants: 239 • Median grant size: $5,000 • Grant range: $1,000 to $1,000,000 • Average grant amount: $18,000 **Recent Notable Grants (2023):** • Marymount High School: $1,000,000 • Loyola Marymount University: $250,000 • Loyola High School of Los Angeles: $250,000 **Application Process:** The foundation does not accept unsolicited applications. Grantmaking is invitation-only and preselected; the foundation typically selects gran…
Where does Klm Foundation make grants?
The foundation's grantmaking is concentrated primarily in: • California • District of Columbia • New York These three states account for approximately 77% of all grants. Grantmaking reaches organizations across 30 states.
What size grants does Klm Foundation award?
In 2024, Klm Foundation awarded 253 grants totaling $5.1M — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Klm Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Klm Foundation reported a distributable amount of $4.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Klm Foundation's EIN?
Klm Foundation's EIN (Employer Identification Number) is 95-4682685. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Klm Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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