Ric & Suzanne Kayne Foundation
The Ric & Suzanne Kayne Foundation is a private foundation established in 1987 by Ric and Suzanne Kayne to support education, arts, and social service nonprofit organizations. Based in Los Angeles, California, the foundation formalizes the Kayne family's philanthropic efforts and operates with a commitment to meaningful collaboration and community advancement.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.3M
+2.4% YoY
Annual Giving
$2.9M
+39.6% YoY
Grant Count
44
+193.3% YoY
Avg Grant Size
$66K
-52.4% YoY
Mission & Focus Areas
The foundation is committed to empowering individuals and communities in Los Angeles by investing in opportunities that foster economic mobility and community well-being. Their philanthropic approach emphasizes thoughtful stewardship to provide people with the tools and resources needed for positive transformation.
Primary focus areas include:
Education & Youth Development: Supporting pathways for advancement, particularly for youth not in education, employment, or training (NEET). Investments focus on increasing postsecondary participation, expanding career opportunities, and supporting community health.
Economic Empowerment: Advancing economic mobility through scholarship and training programs.
Community Well-Being: Supporting initiatives that strengthen community health and social services.
Arts: Supporting arts organizations and cultural initiatives.
Grantmaking
The foundation made 44 grants in its most recent fiscal year, with a median grant size of $25,000 and a range from $100 to $500,000. Total giving in 2024 was approximately $2.8 million.
Grant Range
of $25,000 and a range from $100 to $500,000. Total giving in 2024 was approximately $2.8 million.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in Los Angeles, California. The foundation also maintains philanthropic efforts in Aotearoa (New Zealand) alongside its Los Angeles work.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total Assets: $13,339,590
- Total Revenue: $2,737,407
- Total Expenses: $3,475,736
- Total Giving: $2,883,871
Staffing: The foundation has one full-time employee (Sarah Ali, Managing Director, with compensation of $311,000 in 2024). Board members serve with minimal hours reported.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,339,590 | $13,029,662 | $12,372,737 |
| Revenue | $2,737,407 | $2,586,828 | $4,091,891 |
| Expenses | $3,475,736 | $1,344,220 | $2,634,825 |
| Qualifying Distributions | $3,161,622 | $2,188,274 | $1,982,215 |
| Net Investment Income | $426,110 | $1,463,585 | $1,154,315 |
| Distributable Amount | $1,144,558 | $605,016 | $498,253 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
88 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board & Staff:
- Suzanne L. Kayne - CEO/President
- Richard A. Kayne - Director (Founder)
- Saree Kayne - CFO/Secretary. Saree is a medical student and cultural anthropologist who earned her doctorate in anthropology from Stanford University in 2020 and graduated Phi Beta Kappa from the University of Chicago. She also serves on the board of the KCRW Foundation, an NPR affiliate in Los Angeles. She is deeply invested in collaborative efforts to uplift community health and empower young people across Southern California and Aotearoa New Zealand.
- Jennifer Kayne-Ehrlich - Director
- Maggie Kayne - Director
- Sarah Ali - Managing Director/Chief Operating Officer. Sarah is a leader in philanthropy, impact strategy, and education who works across Los Angeles and Aotearoa New Zealand, leading investments in economic empowerment, community well-being, and postsecondary opportunity.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUZANNE L KAYNE | CEO/PRESIDENT | 1 | — |
| RICHARD A KAYNE | DIRECTOR | 1 | — |
| SAREE KAYNE | CFO/SECRETARY | 1 | — |
| JENNIFER KAYNE-EHRLICH | DIRECTOR | 1 | — |
| MAGGIE KAYNE | DIRECTOR | 1 | — |
| SARAH ALI | MANAGING DIRECTOR | 40 | $311,133 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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