Martha & Irv Kaplan Foundation

PENNINGTON, NJ EIN: 95-3697275

The Martha & Irv Kaplan Foundation is a private foundation based in Pennington, New Jersey. Established in 1982, the foundation operates as a non-operating private foundation with a focus on supporting charitable organizations through strategic grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.6M

-2.0% YoY

Annual Giving

$683K

-32.9% YoY

Grant Count

21

+0.0% YoY

Avg Grant Size

$33K

-32.9% YoY

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

Mission & Focus Areas

The foundation's primary funding areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Science and STEM Education

Grantmaking

The foundation does not accept unsolicited applications and operates on an invite-only basis, making contributions only to preselected charitable organizations.

Grant Range

$16,000

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in:

  • California
  • Pennsylvania
  • Oregon
  • New York

These three states account for approximately 87% of all grants. Grantmaking reaches organizations across 9 states total.

Grant Distribution by State

16states
+8 more states

Cities

ArlingtonAtlantaBeverly HillsCambridgeChicagoClarksburgCosta MesaDallasDes MoinesDuarteEncinoEugeneGaithersburgLawrenceLong BeachLos AngelesMontgomeryNational CityNew YorkPacific Palisades

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $24,586,413 (2024)
  • Annual Income: $638,000
  • Total Giving: $683,000 (2024)
  • Giving Rate: 2.8% of assets

Asset Growth: Total assets have grown from $608,000 in 2011 to $25.1 million in 2023, demonstrating significant growth over the past decade.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$388K$777K$1M$2M20202021202220232024
Metric202420232022
Total Assets$24,586,413$25,083,764$26,158,032
Revenue$637,910$624,706$910,247
Expenses$687,127$1,027,572$930,955
Qualifying Distributions$685,359$1,020,896$919,781
Net Investment Income$101,040$161,500$435,280
Distributable Amount$626,304$682,627$991,906

Giving Over Time

Total grant dollars and number of grants per year

$0$327K$654K$980K$1M22 grants202050 grants202127 grants202221 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE UNIVERSITY OF PENNSY…$100KPENNSYLVANIA STATE UNIVE…$100KWINDWARD SCHOOL$100KJEWISH GRADUATE STUDENT …$80KPARA LOS NINOS$50KLOS ANGELES POLICE MUSEUM$50KUC SANTA BARBARA FOUNDAT…$25KSUGAR RAY LEONARD FOUNDA…$25KUNIVERSITY OF SOUTHERN C…$25KSHERIFFS YOUTH FDN OF LO…$17K

Grant Size Distribution

141 grants across all recorded years

110<$50K11$50–100K17$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Principal Officer: William W. Sparks, CPA

The foundation is governed by 2 officers and trustees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JORDAN KAPLANPRESIDENT
DAVID KAPLANTREASURER
JORDAN KAPLANSOLE DIRECTOR

Related Funders

Similar funders by location and focus area

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

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