The Kay Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.5M in total assets. In 2024, it awarded 9 grants totaling $322K. Net investment income was $736K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.5M
+2.1% YoY
Annual Giving
$322K
-36.8% YoY
Grant Count
9
-18.2% YoY
Avg Grant Size
$36K
-22.8% YoY
Under IRS private-foundation payout rules, The Kay Family Foundation reported a distributable amount of $750K for 2024 — the minimum it must pay out in qualifying distributions.
About The Kay Family Foundation
Based on IRS filings
The Kay Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.5M in total assets. In 2024, it awarded 9 grants totaling $322K. Net investment income was $736K.
Focus Areas
Ready to take the next step with The Kay Family 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 | $15,547,546 | $15,233,466 | $15,221,943 |
| Revenue | $937,897 | $1,058,924 | $219,232 |
| Expenses | $571,329 | $656,667 | $17,344,705 |
| Qualifying Distributions | $421,234 | $586,711 | $962,555 |
| Net Investment Income | $735,981 | $678,014 | $136,891 |
| Distributable Amount | $750,453 | $750,842 | $1,087,765 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Western Mandarin Immersion Charter School ($150,000), Hoag Hospital Foundation ($50,000), Regents Univ of California ($29,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GIVE2ASIA SAN FRANCISCO, CA | Scholarship fund for TMU College of Management Foreign Students | $12,500 |
| HOAG HOSPITAL FOUNDATION NEWPORT BEACH, CA | Elim & Helena Kay Motility Excellence Fund | $50,000 |
| JOHN RITTER FOUNDATION FOR AORTIC HEALTH LOS ANGELES, CA | General & Unrestricted | $25,000 |
| NORTH AMERICAN TAIWANESE ENGINEERS ASSOCIATION SUNNYVALE, CA | General & Unrestricted | $10,000 |
| REGENTS UNIV OF CALIFORNIA LOS ANGELES, CA | General & Unrestricted | $29,000 |
| UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION IRVINE, CA | School of Education - in support of early childhood education | $25,000 |
| UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION IRVINE, CA | Support UCI Athletics - Men's Basketball | $10,000 |
| UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION IRVINE, CA | Support UCI Athletics - Men's Golf | $10,000 |
| WESTERN MANDARIN IMMERSION CHARTER SCHOOL IRVINE, CA | General & Unrestricted | $150,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Eleanor Kay | Sec, Dir | 1 | — |
| Elim Kay | Dir, Pres | 10 | — |
| Ethan Kay | Treas, Dir | 1 | — |
| Timothy Tang | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Kay Family Foundation?
The Kay Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $15.5M in total assets as of 2024.
How large is The Kay Family Foundation?
As of 2024, The Kay Family Foundation holds $15.5M in total assets with $938K in annual revenue. It awarded 9 grants totaling $322K in 2024.
Where does The Kay Family Foundation operate?
The Kay Family Foundation has awarded grants in Alabama, California, North Carolina.
What size grants does The Kay Family Foundation award?
In 2024, The Kay Family Foundation awarded 9 grants totaling $322K — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is The Kay Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kay Family Foundation reported a distributable amount of $750K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Kay Family Foundation's EIN?
The Kay Family Foundation's EIN (Employer Identification Number) is 55-0883567. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Kay Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Kay Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Kay Family Foundation to a real strategy.