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Nonprofit · EIN 46-2692867

KAENA FOUNDATION

Tax-exempt · MINNEAPOLIS, MN 55402

Financials

$4.2M$8.4M2023$10.3M$15.4M2024
Revenue Expenses · by fiscal year end
Financials of KAENA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$10,276,932$15,418,841-$5,141,909$95,432,791$0$95,432,791
December 31, 2023990-PF$4,219,572$8,447,540-$4,227,968$100,574,700$0$100,574,700
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,305,039
Net gain from sales of assets
$8,940,917
Other income
$30,976

Expenses

Grants and similar amounts paid
$14,155,000
Compensation of officers, directors and key employees
$60,000
Disbursements for charitable purposes
$14,912,083
Excise tax on investment income
$162,239

Balance sheet and other

Total assets, start of year
$100,574,700
Total assets, end of year
$95,432,791
Total liabilities, end of year
$0
Net assets, end of year
$95,432,791
Fair market value of assets
$115,307,484
Qualifying distributions
$14,912,083
Net investment income
$12,201,508

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JEFFREY WESTON
1957 CARSON STREET SUITE 102, TORRANCE, CA 90501
VICE PRESIDENT/DIRECTOR1$20,000
MICHELLE GALDOS
50 SOUTH SIXTH STREET SUITE 1500, MINNEAPOLIS, MN 55402
VICE PRESIDENT/DIRECTOR1$20,000
SONNY MILLER
50 SOUTH SIXTH STREET SUITE 1500, MINNEAPOLIS, MN 55402
PRES/TREAS/SECRETARY/DIRECTOR1$20,000
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JEFFREY WESTON
1957 CARSON STREET SUITE 102, TORRANCE, CA 90501
VICE PRESIDENT/DIRECTOR1$20,000
MICHELLE GALDOS
1214 FIFTH AVENUE APT 44C, NEW YORK, NY 10029
VICE PRESIDENT/DIRECTOR1$20,000
SONNY MILLER
50 SOUTH SIXTH STREET SUITE 1500, MINNEAPOLIS, MN 55402
PRES/TREAS/SECRETARY/DIRECTOR1$20,000

Address and contacts

Address (IRS master file)
50 S 6TH ST STE 1500, MINNEAPOLIS, MN 55402-1498
In care of
% DORSEY
Signed the 990-PF
SONNY MILLER, PRESIDENT
Phone
(612) 492-6813
Return prepared by
DELOITTE TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
46-2692867
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2014
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$95,432,791
Income (IRS master file)
$45,318,814

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$10,276,932$15,418,841$95,432,791XML
990-TDecember 2024–––IRS
990-PFDecember 2023$4,219,572$8,447,540$100,574,700XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-2692867).

Questions about KAENA FOUNDATION

What is the EIN of KAENA FOUNDATION?
The employer identification number (EIN) of KAENA FOUNDATION is 46-2692867.
Is KAENA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to KAENA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KAENA FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KAENA FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KAENA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of KAENA FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $20,000 (JEFFREY WESTON, VICE PRESIDENT/DIRECTOR).
How much revenue does KAENA FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $10,276,932, expenses of $15,418,841 and total assets of $95,432,791 at year end.

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