KMT Foundation Inc
KMT Foundation Inc is a private foundation, based in Rochester, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 5 grants totaling $429K.
KMT Foundation Inc at a glance
In short: KMT Foundation Inc gave $429K across 5 grants in 2024 (avg $86K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $429,000
- +7.1% vs 2023
- Grants made (2024)
- 5
- +150.0% vs 2023
- Average grant
- $85,800
- -57.2% vs 2023
- Median grant
- $2,500
- Total assets
- $2,429,330
- -23.7% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who KMT Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Charter Champions of Rochester ($400K). Together the top 5 received $429K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 5 grants of 7 (71%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
How KMT Foundation Inc gives
- In 2024 it paid out 311% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $401K (2023) to $429K (2024). In 2024 it made 5 grants totaling $429K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Charter Champions of Rochester Rochester, NY | To Support the Operations of the Educational Programs | $400,000 |
| Rochester Institute of Technology Rochester, NY | To Support the Operations of the Educational Programs | $25,000 |
| Empire Center for Public Policy Inc Albany, NY | To Support the Operations of the Educational Programs | $2,500 |
| Rochester Academy Charter School Rochester, NY | To Support the Operations of the Educational Programs | $1,000 |
| Community Lutheran Ministry Inc Rochester, NY | To Support the Operations of the Educational Programs | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,429,330 | $128,037 | $874,936 | $429,000 | 5 | $429,000 | — | $137,901 |
| 2023 | $3,183,715 | $169,454 | $642,705 | $400,500 | 2 | $400,500 | — | $173,364 |
| 2022 | $3,669,090 | $3,757,258 | $92,195 | — | — | — | $195 | $16,412 |
Under IRS private-foundation payout rules, KMT Foundation Inc reported a distributable amount of $138K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
KMT Foundation Inc's 2024 filing lists 3 officers; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Elissa Klein
Director
On filings since 2022
5 hrs/week
$37K (2024)
Dale Klein
Director
On filings since 2022
5 hrs/week
No compensation reported
Joseph Klein
Director
On filings since 2022
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $37K, to Elissa Klein (Director).
Frequently asked questions about KMT Foundation Inc
How much does KMT Foundation Inc give each year?
KMT Foundation Inc gave $429K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $401K across 2 grants.
What is KMT Foundation Inc's typical grant size?
KMT Foundation Inc's median grant in 2024 was $2,500, and its average grant was $85,800, across 5 grants on its 2024 IRS Form 990-PF.
Where does KMT Foundation Inc give grants?
KMT Foundation Inc gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Rochester, NY (4 grants).
Does KMT Foundation Inc give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on KMT Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support the Operations of the Educational Programs" (5 grants).
Who are KMT Foundation Inc's largest grantees?
KMT Foundation Inc's largest 2024 grantees include Charter Champions of Rochester ($400,000), Rochester Institute of Technology ($25,000) and Empire Center for Public Policy Inc ($2,500), according to its 2024 IRS Form 990-PF.
How large is KMT Foundation Inc?
KMT Foundation Inc reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $429K in qualifying distributions that year, against a required minimum of $138K (roughly 5% of its investment assets).
What is KMT Foundation Inc's EIN?
KMT Foundation Inc's EIN (Employer Identification Number) is 87-4288769. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Live grants for the work KMT Foundation Inc funds
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