The Ben and Peggy Kates Foundation
The Ben and Peggy Kates Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Oklahoma City, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $898K in total assets. In 2024, it awarded 12 grants totaling $45K. Net investment income was $92K.
Key facts about The Ben and Peggy Kates Foundation
- EIN
- 47-5457957
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $44,500
- Grants made (2024)
- 12
- Average grant
- $3,708
- Median grant
- $3,750
- New grantees (estimate)
- 17% first-time grantees (2 of 12, 2024)
- Total assets
- $897,967
- Primary geography
- Oklahoma (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Ben and Peggy Kates Foundation funds
By grant dollars, the top recipient states for The Ben and Peggy Kates Foundation's 12 itemized 2024 grants were Oklahoma (100%). The most frequent recipient cities were Oklahoma City, OK (10 grants). 92% of grants with a stated purpose were for general or operating support.
Is The Ben and Peggy Kates Foundation open to new grantees?
17%
first-time grantees, 2024
In 2024, 2 of 12 grantees (17%) were first-time recipients. First grants averaged $4K; repeat grants $4K. How we count
Medians: $4K first-time, $4K repeat.
- 83% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+17%). Method
- In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Ben and Peggy Kates Foundation
- How to evaluate The Ben and Peggy Kates Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$898K
+5.1% YoY
Annual Giving
$45K
+2.3% YoY
Grant Count
12
-14.3% YoY
Avg Grant Size
$4K
+19.3% YoY
Under IRS private-foundation payout rules, The Ben and Peggy Kates Foundation reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.
About The Ben and Peggy Kates Foundation
Based on IRS filings
The Ben and Peggy Kates Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Oklahoma City, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $898K in total assets. In 2024, it awarded 12 grants totaling $45K. Net investment income was $92K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $897,967 | $854,499 | $844,805 |
| Revenue | $91,565 | $55,499 | $14,920 |
| Expenses | $48,106 | $45,805 | $51,729 |
| Qualifying Distributions | $47,295 | $45,485 | $50,860 |
| Net Investment Income | $91,564 | $55,482 | $14,859 |
| Distributable Amount | $51,473 | $44,690 | $45,418 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Positive Tomorrows ($7,500), Sunbeam Family Services ($7,500), Fields Futures ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| POSITIVE TOMORROWS Oklahoma City, OK | ELEMENTARY SCHOOL FOR HOMELESS CHILD | $7,500 |
| SUNBEAM FAMILY SERVICES Oklahoma City, OK | GENERAL OPERATIONS | $7,500 |
| FIELDS FUTURES Edmond, OK | GENERAL OPERATIONS | $5,000 |
| TEEM Oklahoma City, OK | GENERAL OPERATIONS | $5,000 |
| LIONS MEADOWS OF HOPE Stillwater, OK | GENERAL OPEARTAIONS | $5,000 |
| GROUND ZERO Oklahoma City, OK | GENERAL OPERATIONS | $5,000 |
| PIVOT PROJECT OKC Oklahoma City, OK | GENERAL OPERATIONS | $2,500 |
| YMCA Oklahoma City, OK | GENERAL OPERATIONS | $2,000 |
| HOPE IS ALIVE Oklahoma City, OK | GENERAL OPERATIONS | $1,500 |
| CASA Oklahoma City, OK | GENERAL OPERATIONS | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Peggy Kates | Officer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Ben and Peggy Kates Foundation?
The Ben and Peggy Kates Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Oklahoma City, OK. It holds $898K in total assets as of 2024.
How large is The Ben and Peggy Kates Foundation?
As of 2024, The Ben and Peggy Kates Foundation holds $898K in total assets with $92K in annual revenue. It awarded 12 grants totaling $45K in 2024.
Where does The Ben and Peggy Kates Foundation operate?
The Ben and Peggy Kates Foundation has awarded grants in Oklahoma.
What size grants does The Ben and Peggy Kates Foundation award?
In 2024, The Ben and Peggy Kates Foundation awarded 12 grants totaling $45K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Ben and Peggy Kates Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ben and Peggy Kates Foundation reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ben and Peggy Kates Foundation's EIN?
The Ben and Peggy Kates Foundation's EIN (Employer Identification Number) is 47-5457957. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.