The Khan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 4 grants totaling $4.2M. Net investment income was $3.4M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.4M
+2.4% YoY
Annual Giving
$4.2M
+15.2% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$1.0M
-42.4% YoY
About The Khan Foundation Inc
Based on IRS filings
The Khan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 4 grants totaling $4.2M. Net investment income was $3.4M.
Focus Areas
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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 | $6,383,629 | $6,233,161 | $6,410,093 |
| Revenue | $7,950,262 | $3,522,382 | $7,242,371 |
| Expenses | $4,270,568 | $3,699,169 | $3,949,356 |
| Qualifying Distributions | $4,160,000 | $3,610,000 | $3,910,000 |
| Net Investment Income | $3,446,432 | $2,667,858 | $3,319,378 |
| Distributable Amount | $167,976 | $154,061 | $120,710 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
14 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 |
|---|---|---|---|
| Ann Khan | Pres Sec Dir | 1 | — |
| Shadid Khan | VP Dir | 1 | — |
| Antony Khan | VP Dir | 1 | — |
| Samia Khan | VP | 1 | — |
| Zakia Khan | VP | 1 | — |
| Thomas D Clarkson | Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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