Wm Keck Foundation logo

Wm Keck Foundation

Private foundation · Grantmaker Los Angeles, CA EIN: 95-6092354 Website

The W.M. Keck Foundation is a private foundation based in Los Angeles, California, established in 1954. It supports basic science research, engineering, and medical research nationwide, as well as arts and culture, education, health, and community service projects in Southern California.

Wm Keck Foundation at a glance

In short: Wm Keck Foundation gave $69.7M across 260 grants in 2024 (avg $268K), mostly in California. 46% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$69,656,739
+8.0% vs 2023
Grants made (2024)
260
+9.2% vs 2023
Average grant
$267,911
-1.1% vs 2023
Median grant
$10,000
Total assets
$1,651,776,277
+6.6% vs 2023
New grantees (estimate)
46% first-time grantees (114 of 246, 2024)
Primary geography
California (58% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Wm Keck Foundation

Invitation Only

The Research Program requires applications to go through the institution’s designated liaison. Its application process has two phases, with up to three applications per institution per cycle; the Foundation says it will not fund more than one project in the same field from the same institution in a cycle. Initial submissions do not require a budget. The Southern California Program process includes an optional concept review, an application, and an invitation-only site visit. Research awards do not include indirect costs, and the institution is expected to waive them. The Foundation makes grants to eligible institutions, not individuals.

Review Cycle
The Foundation awards grants twice annually, in June and December. Its Research Program describes submission deadlines in those months.
Deadline
The Foundation awards grants twice annually, in June and December.
Contact

Application contact: Httpswwwwmkeckorg
Mailing address: 515 South Flower Street Suite 800, Los Angeles, CA 90071
Phone: (213) 612-2000
Website: https://wmkeck.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Wm Keck Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Southern California: $7.7M across 2 grantsUniversity of SouthernCalifornia$7.7M · 2 grantsClaremont McKenna College: $4.2M across 2 grantsClaremont McKenna College$4.2M · 2 grantsChapman University: $4.0MChapman University$4.0MLinfield University: $2.0M across 2 grantsLinfield University$2.0M · 2 grantsMuseum Associates: $2.0MMuseum Associates$2.0MRegents of the University of Colorado: $2.0M across 2 grantsRegents of the University ofColorado$2.0M · 2 grantsThe Colburn School: $2.0MThe Colburn School$2.0MWoods Hole Oceanographic Institution: $1.6M across 2 grantsWoods Hole OceanographicInstitution$1.6M · 2 grantsSalk Institute for Biological Studies: $1.6MSalk Institute for BiologicalStudies$1.6MMemorial Sloan-Kettering Cancer Center: $1.5MMemorial Sloan-KetteringCancer Center$1.5M

The largest 2024 recipient was University of Southern California ($7.7M across 2 grants). Together the top 10 received $28.6M.

Grant Size Distribution

1,237 grants across all recorded years

729<$50K113$50–100K148$100–250K58$250–500K29$500K–1M153$1–5M7$5M+

The most common grant size was under $50K: 729 grants of 1,237 (59%).

Geographic Focus

Where this funder awards grants

The Research Program funds projects nationwide at eligible U.S. institutions. The Foundation states that it does not make grants to organizations outside the United States, although up to 10% of a requested amount may go to a collaborator outside the country.

The Southern California Program focuses on the region, with the program description emphasizing communities in Los Angeles County. In filing year 2024, 58% of grant dollars went to California recipients. Other leading recipient states were Massachusetts (6%), Oregon (5%), New York (5%), and Colorado (3%).

Grant Distribution by State

40states

Share of 2024 grant dollars across all 260 itemized grants.

Cities

Los AngelesPasadenaNew YorkWashingtonSanta MonicaBendSanta BarbaraLong BeachCulver CityBaltimoreCambridgeHoustonClaremontIrvineSan PedroArlingtonBerkeleyEugeneMcminnvilleColorado Springs

Is Wm Keck Foundation open to new grantees?

46%

first-time grantees, 2024

In 2024, 114 of 246 grantees (46%) were first-time recipients. First grants averaged $267K; repeat grants $297K. How we count

Medians: $10K first-time, $10K repeat.

  • 39% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−6%). Method
  • In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M$80M252 grants2020 228 grants2021 259 grants2022 238 grants2023 260 grants2024

From 2020 to 2024, annual grant giving ranged from $61.9M (2020) to $73.8M (2021). In 2024 it made 260 grants totaling $69.7M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Southern California Los Angeles, CATo accelerate groundbreaking medical, clinical and translational research and education$7,500,000
Chapman University Orange, CATo enhance and elevate chapman universitys science and engineering$4,000,000
Claremont McKenna College Claremont, CATo enhance claremont mckenna college's interdiciplinary science research and education$4,000,000
Linfield University McMinnville, ORTo enhance linfield university's interdiciplinary science research and education$2,000,000
Museum Associates Los Angeles, CATo Improve Access to Art and Art Education$2,000,000
The Colburn School Los Angeles, CATo support the for the new colburn center and endow the youth ensemble$2,000,000
Salk Institute for Biological Studies La Jolla, CATo Develop Mapping Methods with Generative Manifold Networks$1,600,000
Woods Hole Oceanographic Institution Woods Hole, MATo construct and field a self-deploying autonomous mooring system$1,600,000
Memorial Sloan-Kettering Cancer Center New York, NYTo understand how a neuronal communication pathway also functions in the immune system$1,500,000
University of Oregon Foundation Eugene, ORTo understand parameters that govern transcriptional adaptation to enable novel rna-based therapeutics$1,500,000
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Financial History

Multi-year comparison from IRS filings

The filing states an annual grantmaking budget of $76 million for 2025.

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,651,776,277$220,502,754$82,687,983$69,656,739260$76,520,071$225,444,627$77,095,770
2023$1,550,102,225$74,686,983$78,668,053$64,486,669238$70,546,991$76,616,569$70,708,247
2022$1,370,447,360$52,701,006$78,262,167$67,830,470259$73,822,315$34,417,881$76,059,565
2021$1,878,594,082$132,529,748$99,211,131$73,780,948228$79,390,428$183,863,180$80,967,491
2020$1,638,138,521$69,852,668$72,945,021$61,861,593252—$93,312,080$65,914,193

Under IRS private-foundation payout rules, Wm Keck Foundation reported a distributable amount of $77.1M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The Foundation’s stated purpose is to provide far-reaching benefits for humanity. Its Research Program supports pioneering discoveries in biological and physical science and engineering, including promising technologies, instrumentation, and methodologies. The Foundation’s website describes its research interests as fundamental basic science and emphasizes projects that question prevailing paradigms or open new territory in a field. Its research funding excludes, among other things, clinical trials, therapies and procedures, drug discovery or delivery, and projects focused solely on engineering equipment, tools, or materials.

The Southern California Program supports projects in arts and culture, civic and community services, early childhood care and education, health care, and precollegiate education. The Foundation highlights work that promotes children’s and youths’ healthy development, strengthens families, and enriches lives in the region. It also supports undergraduate education through board-initiated transformative special projects rather than accepting applications to an undergraduate education program.

Its grantees include universities, research institutions, and cultural organizations. For example, Chapman University describes its mission as providing personalized education of distinction, while The Colburn School describes its work as performance-centered education that advances access to excellence in the performing arts. These are the grantees’ stated missions, not the Foundation’s.

Grantmaking

The Foundation reported 260 grants totaling $69,656,739 in filing year 2024. Individual grants ranged from $26 to $7.5 million, with a median grant of $10,000. For Research Program applicants, the Foundation’s prospective applicant information describes typical awards of $1 million to $1.3 million over three years.

Among the largest reported 2024 grants were $7.5 million to the University of Southern California for medical, clinical, and translational research and education; $4 million each to Chapman University for science and engineering and Claremont McKenna College for interdisciplinary science research and education; and $2 million each to Linfield University for interdisciplinary science research and education, Museum Associates to improve access to art and art education, and The Colburn School for its new center and youth ensemble. Other substantial grants included $1.6 million to the Salk Institute for Biological Studies and $1.6 million to Woods Hole Oceanographic Institution.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Joseph Day and Stephen M. Keck as co-CEOs and co-chairs. It also lists Stephanie Argyros, James A. Baker III, Peter K. Barker, Todd Barker, Robert Bradway, Dr. Willam R. Brody, Peter Carlton, and Dorothy W. Day as members/directors.

Wm Keck Foundation is led by Stephen M. Keck, Co-Ceo, Co-Chair, Member & Director since 2024 (on filings since 2020); 11 of 31 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Stephen M. Keck

    Co-Ceo, Co-Chair, Member & Director

    Co-President, Member & Director → Co-Ceo, Member & Director, 2022

    Co-Ceo, Member & Director → Co-Ceo, Co-Chair, Member & Director, 2024

    On filings since 2020

    12 hrs/week

    $100K (2020) → $300K (2024)

  • Joseph Day

    Co-Ceo, Co-Chair, Member & Director

    Co-President, Member & Director → Co-Ceo, Member & Director, 2022

    Co-Ceo, Member & Director → Co-Ceo, Co-Chair, Member & Director, 2024

    On filings since 2021

    12 hrs/week

    $100K (2021) → $300K (2024)

  • Allison M. Keller

    President & CFO

    Senior Vice President, CFO & Executive Director → COO, CFO & Executive Director, 2021

    COO, CFO & Executive Director → President & CFO, 2024

    On filings since 2020

    40 hrs/week

    $475K (2020) → $578K (2024)

  • Edward M. Stolper

    Member & Director

    On filings since 2020

    2 hrs/week

    $40K (2020) → $60K (2024)

  • James S. Economou

    Member & Director

    On filings since 2020

    2 hrs/week

    $40K (2020) → $60K (2024)

  • Lucinda Day Fournier

    Vice President, Member & Director

    Member & Director → Vice President, Member & Director, 2021

    On filings since 2020

    2.5 hrs/week

    $20K (2020) → $60K (2024)

  • Peter K. Barker

    Member & Director

    On filings since 2020

    2 hrs/week

    $20K (2020) → $60K (2024)

  • Richard N. Foster

    Member & Director

    On filings since 2020

    2 hrs/week

    $20K (2020) → $60K (2024)

  • Ronald P. Spogli

    Member & Director

    On filings since 2020

    1 hr/week

    $20K (2024)

  • Willam R. Brody

    Member & Director

    On filings since 2020

    2 hrs/week

    $80K (2021) → $80K (2024)

  • Bradford Freeman

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brian A. Finch

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brighton Keck

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dorothy W. Day

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • James A. Baker III

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jonathon S. Day

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kent Kresa

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Maria Hummer-Tuttle

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Matt Day Jr.

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Matt Day Sr.

    Vice Chair, Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Peter Carlton

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sherry Lansing

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Theodore J. Keck

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas E. Everhart

    Member & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Christopher Hopkins

    Member & Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mark C. Holscher

    Member & Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Robert Bradway

    Member & Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Stephanie Argyros

    Member & Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kelsey Martin

    Director

    Member & Director → Director, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Todd Barker

    Member & Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Stephanie L. Garacochea

    Corporate Secretary

    On filings since 2020

    40 hrs/week

    $140K (2020) → $242K (2024)

Former officers (8)
  • Former: Maria Pellegrini (2020–2023) — Executive Director of Programs
  • Former: Robert A. Day (2020–2023) — Chairman, Member & Director
  • Former: Edward C. Stone Jr. (2020–2022) — Member & Director
  • Former: Nelson Rising (2020–2021) — Member & Director
  • Former: James R. Ukropina (2020) — Member & Director
  • Former: Jerry Carlton (2020) — Member & Director
  • Former: Joseph Deegan-Day (2020) — Co-President, Member & Director
  • Former: Vernon E. Jordan Jr. (2020) — Member & Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Allison M Keller — President and CFO: $578KAllison M KellerPresident and CFO$578KJoseph Day — Co-CEO, Co-Chair and Member /Director: $300KJoseph DayCo-CEO, Co-Chair and Member…$300KStephen M Keck — Co-CEO, Co-Chair and Member /Director: $300KStephen M KeckCo-CEO, Co-Chair and Member…$300KStephanie L Garacochea — Corporate Secretary: $242KStephanie L GaracocheaCorporate Secretary$242KDr Willam R Brody — Member/Director: $80KDr Willam R BrodyMember/Director$80KPeter K Barker — Member/Director: $60KPeter K BarkerMember/Director$60KDr James S Economou — Member/Director: $60KDr James S EconomouMember/Director$60KDr Richard N Foster — Member/Director: $60KDr Richard N FosterMember/Director$60KLucinda Day Fournier — Vice President and Member/Director: $60KLucinda Day FournierVice President and…$60KDr Edward M Stolper — Member/Director: $60KDr Edward M StolperMember/Director$60KRonald P Spogli — Member/Director: $20KRonald P SpogliMember/Director$20K

The highest reported compensation on the 2024 filing was $578K, to Allison M Keller (President and CFO). 11 officers or directors reported compensation on that filing.

Frequently asked questions about Wm Keck Foundation

How much does Wm Keck Foundation give each year?

Wm Keck Foundation gave $69.7M across 260 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $64.5M across 238 grants.

What is Wm Keck Foundation's typical grant size?

Wm Keck Foundation's median grant in 2024 was $10,000, and its average grant was $267,911, across 260 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Wm Keck Foundation that year got $267K on average.

Where does Wm Keck Foundation give grants?

Wm Keck Foundation gives mostly in California: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (6%) and Oregon (5%). The most frequent recipient cities were Los Angeles, CA (58 grants), New York, NY (15 grants), Pasadena, CA (11 grants) and Washington, DC (9 grants).

Does Wm Keck Foundation give general operating support?

Yes: 80% of Wm Keck Foundation's 2024 grants with a stated purpose (207 of 260) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Wm Keck Foundation's largest grantees?

Wm Keck Foundation's largest 2024 grantees include University of Southern California ($7,731,250 across 2 grants), Claremont McKenna College ($4,165,000 across 2 grants) and Chapman University ($4,000,000), according to its 2024 IRS Form 990-PF. Together they received 23% of its itemized 2024 grant dollars.

How large is Wm Keck Foundation?

Wm Keck Foundation reported $1.7B in total assets on its 2024 IRS Form 990-PF. It paid out $76.5M in qualifying distributions that year, against a required minimum of $77.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Wm Keck Foundation fund?

The Foundation’s stated purpose is to provide far-reaching benefits for humanity. Its Research Program supports pioneering discoveries in biological and physical science and engineering, including promising technologies, instrumentation, and methodologies. See mission & focus areas ↑

How do I apply for a grant from Wm Keck Foundation?

The Research Program requires applications to go through the institution’s designated liaison. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Wm Keck Foundation's EIN?

Wm Keck Foundation's EIN (Employer Identification Number) is 95-6092354. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Wm Keck Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/wm-keck-foundation-morg_66534373522a40e8ad68c12a9c8c42e6

BibTeX
@misc{grantable_956092354_2026,
  author       = {{Grantable}},
  title        = {{Wm Keck Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/wm-keck-foundation-morg_66534373522a40e8ad68c12a9c8c42e6},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Wm Keck Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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