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
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
No grants recorded for .
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 HouseRelated Funders
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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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