Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 81-3588323

KELSON FOUNDATION

Tax-exempt · SAN FRANCISCO, CA 94109

Financials

$1.8M$8.6M2023$8.1M$7.6M2024
Revenue Expenses · by fiscal year end
Financials of KELSON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$8,090,595$7,607,566$483,029$149,047,301$3,050,331$145,996,970
December 31, 2023990-PF$1,798,886$8,554,338-$6,755,452$150,209,559$4,010,933$146,198,626
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$422,635
Interest
$121
Net gain from sales of assets
$7,667,839

Expenses

Grants and similar amounts paid
$7,168,830
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$8,267,931
Excise tax on investment income
$144,711

Balance sheet and other

Total assets, start of year
$150,209,559
Total assets, end of year
$149,047,301
Total liabilities, end of year
$3,050,331
Net assets, end of year
$145,996,970
Fair market value of assets
$149,047,301
Qualifying distributions
$8,267,931
Net investment income
$11,634,635

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
JAKE MORITZ
1660 BUSH ST SUITE 300, SAN FRANCISCO, CA 94109
PRESIDENT1$0
MICHAEL MORITZ
1660 BUSH ST SUITE 300, SAN FRANCISCO, CA 94109
SECRETARY; TREASURER0$0
MELISSA NARULA
1660 BUSH ST SUITE 300, SAN FRANCISCO, CA 94109
CEO & ASSISTANT SECRETARY2$0
GRETCHEN SELFRIDGE
1660 BUSH ST SUITE 300, SAN FRANCISCO, CA 94109
AUDIT CHAIR0$0
KATHERINE DWYER FIELDING
1660 BUSH ST SUITE 300, SAN FRANCISCO, CA 94109
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JAKE MORITZ
1660 BUSH ST SUITE 300, SAN FRANCISCO, CA 94109
PRESIDENT1$0
MICHAEL MORITZ
1660 BUSH ST SUITE 300, SAN FRANCISCO, CA 94109
SECRETARY; TREASURER0$0
MELISSA NARULA
1660 BUSH ST SUITE 300, SAN FRANCISCO, CA 94109
CEO & ASSISTANT SECRETARY2$0
GRETCHEN SELFRIDGE
1660 BUSH ST SUITE 300, SAN FRANCISCO, CA 94109
AUDIT CHAIR0$0

Address and contacts

Address (IRS master file)
1660 BUSH ST SUITE 300, SAN FRANCISCO, CA 94109-5308
In care of
% FR & CO
Signed the 990-PF
MISSY NARULA, CEO & ASSISTANT SECRETARY
Phone
(415) 561-6540
Return prepared by
FRANK RIMERMAN CO LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 81-3588323 or by the name KELSON FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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
81-3588323
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
2017
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$149,047,301
Income (IRS master file)
$11,773,171

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$8,090,595$7,607,566$149,047,301XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,798,886$8,554,338$150,209,559XML
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-PFDecember 2018–––IRS
990-PFDecember 2017–––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 81-3588323).

Questions about KELSON FOUNDATION

What is the EIN of KELSON FOUNDATION?
The employer identification number (EIN) of KELSON FOUNDATION is 81-3588323.
Is KELSON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to KELSON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KELSON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KELSON 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 KELSON 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 KELSON FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does KELSON FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $8,090,595, expenses of $7,607,566 and total assets of $149,047,301 at year end.

Other nonprofits in SAN FRANCISCO

All nonprofits in SAN FRANCISCO · California · Philanthropy, voluntarism and grantmaking foundations