Kan Foundation
- Assets
- $581.3k
- Revenue
- $335.7k
- Investments
- $371.7k
- Employees
- 0
- Location
- San Ramon, CA
- Founding
- 03/2010
- Data as of
- 11/2023
- EIN
- 27-1523388
Organization Overview
Kan Foundation is located in San Ramon, CA. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kan Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Kan Foundation generated $335.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 52.3% each year . All expenses for the organization totaled $53.8k during the year ending 11/2023. While expenses have increased by 13.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Akira Kan CEO | 2 | $0 | |
Nami Kan CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $104,909 |
| Interest on Savings | $161 |
| Dividends & Interest | $7,190 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $223,405 |
| Capital Gain Net Income | $223,405 |
| Net ST Capital Gain | $47,050 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $335,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $768 |
| Depreciation | $100 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $37,877 |
| Printing and publications | $0 |
| Other expenses | $4,199 |
| Total operating and administrative expenses | $43,969 |
| Contributions, gifts, grants paid | $9,880 |
| Total expenses and disbursements | $53,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $197,731 |
| Savings and temporary cash investments | $10,011 |
| Net Accounts receivable | $1,264 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $600 |
| Total assets | $581,335 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kan Foundation has awarded $9,880 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UCLA FOUNDATION PURPOSE: EDUCATIONAL | $2,000 |
CORNERSTONE CHURCH PURPOSE: CHARITABLE | $400 |
UNIVERSITY OF CENTRAL FLORIDA PURPOSE: EDUCATIONAL | $300 |
DASHU ELEMENTARY SCHOOL PURPOSE: EDUCATIONAL | $5,000 |
HILLSDALE COLLEGE PURPOSE: EDUCATIONAL | $500 |
C3 CHURCH PURPOSE: CHARITABLE | $200 |