The Kaman Foundation Inc
The Kaman Foundation is a philanthropic organization associated with Kaman Corporation, a company with a longstanding commitment to community involvement and charitable giving. The foundation supports educational initiatives, scholarships, and community organizations across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.1M
-5.2% YoY
Annual Giving
$758K
+16.3% YoY
Grant Count
21
+75.0% YoY
Avg Grant Size
$36K
-33.6% YoY
Under IRS private-foundation payout rules, The Kaman Foundation Inc reported a distributable amount of $746K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation prioritizes support for:
- Education: Merit-based scholarships for students, support for engineering degree programs, and educational museum programs
- STEM Advancement: Sponsorship of science, technology, engineering, and mathematics initiatives
- Community Organizations: Charitable and civic organizations including arts councils, youth organizations, food pantries, and health organizations
Grantmaking
The foundation sponsors the Team America Rocketry Challenge (TARC), an Aerospace Industry Association program that promotes young Americans' interest in STEM careers. Approximately 4,000 students from across the United States participate annually in the competition.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,124,056 | $8,569,504 | $8,840,760 |
| Revenue | $515,124 | $585,155 | $983,316 |
| Expenses | $958,026 | $855,736 | $988,797 |
| Qualifying Distributions | $856,245 | $770,757 | $917,880 |
| Net Investment Income | $408,720 | $518,428 | $913,205 |
| Distributable Amount | $746,179 | $722,210 | $762,406 |
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
83 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Elizabeth Park Conservancy ($100,000), The Stone Age Institute ($100,000), Outpost Productions Inc ($90,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ART DIVISION LOS ANGELES, CA | GENERAL SUPPORT | $25,000 |
| AUSTIN CLASSICAL GUITAR AUSTIN, TX | GENERAL SUPPORT | $50,000 |
| DRIPPING SPRINGS VISITORS BUREAU DRIPPING SPRINGS, TX | GENERAL SUPPORT | $25,000 |
| ELIZABETH PARK CONSERVANCY WEST HARTFORD, CT | GENERAL SUPPORT | $100,000 |
| FERNANDINA SONGWRITERS FOUNDATION FERNANDINA BEACH, FL | GENERAL SUPPORT | $15,000 |
| FIDELCO GUIDE DOG FOUNDATION BLOOMFIELD, CT | GENERAL SUPPORT | $30,000 |
| FORT COLLINS MUSIC ASSOCIATION FORT COLLINS, CO | GENERAL SUPPORT | $19,000 |
| GRACE ACADEMY HARTFORD, CT | GENERAL SUPPORT | $5,000 |
| HARTFORD PUBLIC LIBRARY HARTFORD, CT | GENERAL SUPPORT | $43,050 |
| LA ARTCORE LOS ANGELES, CA | GENERAL SUPPORT | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C WILLIAM KAMAN II - TRUSTEE | PRES & TREASURER | 2 | $21,000 |
| CATHLEEN H KAMAN - TRUSTEE | VICE PRESIDENT | 2 | $21,000 |
| GLENN M MESSEMER - TRUSTEE | SECRETARY | 3 | $21,000 |
Recent News & Activity
Recent developments and announcements
The foundation has awarded grants to Family House, supporting their mission
Family House Announces Kamin Family Foundation Grant \u2013 Family HouseThe foundation established the Dr. Bart Kamen Memorial Scholarship Fund, with FIRST announcing inaugural recipients
FIRST Announces Recipients of Inaugural Dr. Bart Kamen Memorial ScholarshipThe foundation has funded research initiatives, including the Kamin Endowed Research Fund at the Eye & Ear Foundation of Pittsburgh
Family House Announces Kamin Family Foundation Grant \u2013 Family HouseFrequently Asked Questions
What does The Kaman Foundation Inc fund?
The foundation prioritizes support for: • **Education**: Merit-based scholarships for students, support for engineering degree programs, and educational museum programs • **STEM Advancement**: Sponsorship of science, technology, engineering, and mathematics initiatives • **Community Organizations**: Charitable and civic organizations including arts councils, youth organizations, food pantries, and health organizations
How do I apply for a grant from The Kaman Foundation Inc?
**Kaman Scholarships**: The foundation awards annual competitive merit-based scholarships to children of Kaman Corporation employees. Scholarships are provided to exceptionally able high school students and include annual stipends renewable based on academic performance for up to four years of study or until completion of a baccalaureate degree, whichever occurs first. The program is administered by the National Merit Scholarship Corporation. **Dr. Bart Kamen Memorial Scholarship Fund**: The fo…
What size grants does The Kaman Foundation Inc award?
In 2024, The Kaman Foundation Inc awarded 21 grants totaling $758K — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is The Kaman Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kaman Foundation Inc reported a distributable amount of $746K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Kaman Foundation Inc's EIN?
The Kaman Foundation Inc's EIN (Employer Identification Number) is 06-1386119. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Kaman Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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