KT Foundation

Private foundation · Grantmaker Berkeley, CA EIN: 94-3354182

KT Foundation is a private foundation, based in Berkeley, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.9M in total assets. In 2024, it awarded 9 grants totaling $910K. Net investment income was $120K.

Key facts about KT Foundation

In short: KT Foundation gave $910K across 9 grants in 2024 (avg $101K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
94-3354182
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$910,000
Grants made (2024)
9
Average grant
$101,111
Median grant
$100,000
Total assets
$7,931,304
Primary geography
California (51% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.9M

+27.0% YoY

Annual Giving

$910K

+1554.5% YoY

Grant Count

9

+350.0% YoY

Avg Grant Size

$101K

+267.7% YoY

Under IRS private-foundation payout rules, KT Foundation reported a distributable amount of $321K for 2024 — the minimum it must pay out in qualifying distributions.

How KT Foundation gives

  • Giving fell 87% from 2021 to 2024. Method
  • In 2024 it paid out 320% 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

2states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

San FranciscoIthacaSanta RosaAlamedaEast AuroraEmeryvilleOaklandPalo AltoPasadenaPleasant HillRichmondSan LorenzoTrumbull

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M8 grants2020 9 grants2021 5 grants2022 2 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $55K (2023) to $7.0M (2021). In 2024 it made 9 grants totaling $910K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Cornell University: $450K across 3 grantsCornell University$450K · 3 grantsNational Japanese American Historic: $150KNational Japanese AmericanHistoric$150KFuller Theological Seminary: $100KFuller Theological Seminary$100KJ-Sei: $100KJ-Sei$100KKimochi Inc: $75KKimochi Inc$75KJapanese Cultural Community Ctr: $30KJapanese Cultural CommunityCtr$30KMuttville: $5KMuttville$5K

The largest 2024 recipient was Cornell University ($450K across 3 grants). Together the top 7 received $910K.

Grant Size Distribution

33 grants across all recorded years

9<$50K6$50–100K12$100–250K1$250–500K1$500K–1M4$1–5M$5M+

The most common grant size was in the $100–250K range: 12 grants of 33 (36%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cornell University Ithaca, NYLab of Ornithology$250,000
National Japanese American Historic San Francisco, CAKase-Tsujimoto Cultural Heritage Initiative$150,000
Cornell University Ithaca, NYPerspectives in Global Dev Seminar Series Fund$100,000
Fuller Theological Seminary Pasadena, CAAsian American Mental Health Initiatives$100,000
J-Sei Emeryville, CARoof Replacement Project$100,000
Cornell University Ithaca, NYScholarship Fund$100,000
Kimochi Inc San Francisco, CAPurchase of Paratransit Van$75,000
Japanese Cultural Community Ctr San Francisco, CAJCCCNC Kase Internship Grant$30,000
Muttville San Francisco, CADog Tag Wall for Peka$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$7,931,304$6,245,276$5,690,611
Revenue$2,141,578$130,677$1,053,293
Expenses$1,088,032$199,718$2,559,955
Qualifying Distributions$1,026,157$137,009$2,514,005
Net Investment Income$120,224$79,670$29,385
Distributable Amount$320,936$289,983$322,403

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

KT Foundation is led by Mark Tsujimoto, President on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Mark Tsujimoto

    President

    On filings since 2020

    17 hrs/week

    $24K (2020) → $48K (2024)

  • Franklin Tsao

    Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

  • Iris Ng

    Treasurer

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (4)
  • Former: Dick Yamamoto (2020–2021) — Secretary
  • Former: Dion Griffin (2020–2021) — CFO
  • Former: Pauline Nagata (2020–2021) — Treasurer
  • Former: Whitney Caruso (2020–2021) — Assistant Secretary

Data from IRS Form 990 filings, 2020–2024. "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

Mark Tsujimoto — President: $48KMark TsujimotoPresident$48K

The highest reported compensation on the 2024 filing was $48K, to Mark Tsujimoto (President).

Frequently asked questions about KT Foundation

How much does KT Foundation give each year?

KT Foundation gave $910K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $55K across 2 grants.

What is KT Foundation's typical grant size?

KT Foundation's median grant in 2024 was $100,000, and its average grant was $101,111, across 9 grants on its 2024 IRS Form 990-PF.

Where does KT Foundation give grants?

KT Foundation gives mostly in California: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (49%). The most frequent recipient cities were San Francisco, CA (4 grants) and Ithaca, NY (3 grants).

Does KT Foundation give general operating support?

Not in 2024: none of the 9 grants with a stated purpose on KT Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are KT Foundation's largest grantees?

KT Foundation's largest 2024 grantees include Cornell University ($450,000 across 3 grants), National Japanese American Historic ($150,000) and Fuller Theological Seminary ($100,000), according to its 2024 IRS Form 990-PF. Together they received 77% of its itemized 2024 grant dollars.

How large is KT Foundation?

KT Foundation reported $7.9M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $321K (roughly 5% of its investment assets).

What is KT Foundation's EIN?

KT Foundation's EIN (Employer Identification Number) is 94-3354182. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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