KT Foundation
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.
KT Foundation at a glance
In short: KT Foundation gave $910K across 9 grants in 2024 (avg $101K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $910,000
- +1554.5% vs 2023
- Grants made (2024)
- 9
- +350.0% vs 2023
- Average grant
- $101,111
- +267.7% vs 2023
- Median grant
- $100,000
- Total assets
- $7,931,304
- +27.0% vs 2023
- Primary geography
- California (51% 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 KT Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
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
The most common grant size was in the $100–250K range: 12 grants of 33 (36%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $55K (2023) to $7.0M (2021). In 2024 it made 9 grants totaling $910K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cornell University Ithaca, NY | Lab of Ornithology | $250,000 |
| National Japanese American Historic San Francisco, CA | Kase-Tsujimoto Cultural Heritage Initiative | $150,000 |
| Cornell University Ithaca, NY | Perspectives in Global Dev Seminar Series Fund | $100,000 |
| Fuller Theological Seminary Pasadena, CA | Asian American Mental Health Initiatives | $100,000 |
| J-Sei Emeryville, CA | Roof Replacement Project | $100,000 |
| Cornell University Ithaca, NY | Scholarship Fund | $100,000 |
| Kimochi Inc San Francisco, CA | Purchase of Paratransit Van | $75,000 |
| Japanese Cultural Community Ctr San Francisco, CA | JCCCNC Kase Internship Grant | $30,000 |
| Muttville San Francisco, CA | Dog Tag Wall for Peka | $5,000 |
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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 | $7,931,304 | $2,141,578 | $1,088,032 | $910,000 | 9 | $1,026,157 | $120,224 | $320,936 |
| 2023 | $6,245,276 | $130,677 | $199,718 | $55,000 | 2 | $137,009 | $79,670 | $289,983 |
| 2022 | $5,690,611 | $1,053,293 | $2,559,955 | $2,430,000 | 5 | $2,514,005 | $29,385 | $322,403 |
| 2021 | $7,948,496 | $66,538 | $7,059,608 | $7,005,000 | 9 | $7,042,573 | $49,792 | $630,568 |
| 2020 | $14,647,702 | $15,006,016 | $739,573 | $680,000 | 8 | — | — | $68,057 |
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.
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
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work KT Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in KT Foundation's focus areas in our free grants database
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