Matthew G Krane Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $718K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $75K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$718K
+3.4% YoY
Annual Giving
$50K
Grant Count
1
Avg Grant Size
$50K
Under IRS private-foundation payout rules, Matthew G Krane Foundation reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
About Matthew G Krane Foundation
Based on IRS filings
Matthew G Krane Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $718K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $75K.
Focus Areas
Ready to take the next step with Matthew G Krane Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $718,466 | $695,022 | $675,004 |
| Revenue | $81,938 | $27,120 | $35,211 |
| Expenses | $58,494 | $7,102 | $7,747 |
| Qualifying Distributions | $50,730 | $171 | $288 |
| Net Investment Income | $74,535 | $20,596 | $29,251 |
| Distributable Amount | $40,307 | $35,489 | $36,384 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Johns College ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| St Johns College Santa Fe, NM | General operating expenses | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Matthew Krane | Pres Dir | 1 | — |
| Madeline J Krane | Secy Treas | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Matthew G Krane Foundation?
Matthew G Krane Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $718K in total assets as of 2024.
How large is Matthew G Krane Foundation?
As of 2024, Matthew G Krane Foundation holds $718K in total assets with $82K in annual revenue. It awarded 1 grants totaling $50K in 2024.
Where does Matthew G Krane Foundation operate?
Matthew G Krane Foundation has awarded grants in California, District of Columbia, New Mexico.
What size grants does Matthew G Krane Foundation award?
In 2024, Matthew G Krane Foundation awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is Matthew G Krane Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Matthew G Krane Foundation reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Matthew G Krane Foundation's EIN?
Matthew G Krane Foundation's EIN (Employer Identification Number) is 26-0011084. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Matthew G Krane Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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