k18n Foundation
Mountain View, CA 94041 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | -$123,774 | $42,410,993 | $2,332,640,414 |
| FY2023 | $9,518,682 | $20,569,823 | $1,828,667,261 |
| FY2022 | $1,573,519,678 | $1,245,758 | $1,491,421,768 |
| FY2021 | $0 | $9,854 | -$9,854 |
Form 990 filings
The returns filed by k18n Foundation (EIN 87-3826691), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $41,629,438 | 98% |
| Management & general | $781,555 | 2% |
| Fundraising | $0 | 0% |
What the numbers show
- Program services accounted for 98% of functional expenses, management & general 2%, and fundraising 0%.
- 98% of functional expenses went to program services in FY2024. That is higher than 84.3% of 115 Philanthropy, Voluntarism & Grantmaking Foundations organizations in CA.
- Net assets covered about 660 months of expenses at the end of the reporting year. That puts it in the 95th percentile among 6903 Philanthropy, Voluntarism & Grantmaking Foundations organizations in CA.
- Total revenue was higher than 1% of 7106 Philanthropy, Voluntarism & Grantmaking Foundations organizations in CA.
- Total revenue fell from $0 in FY2021 to -$123,774 in FY2024. Revenue increased in 1 and decreased in 2 of 3 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 4 reported years (FY2021, FY2023, FY2024).
- The highest revenue on record here is $1,573,519,678 in FY2022.
- Net assets grew from -$9,854 to $2,332,640,414 between FY2021 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO SUPPORT THE PROGRAMS AND ACTIVITIES OF SILICON VALLEY COMMUNITY FOUNDATION.
IRS status
| Ruling year | 2022 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T12 — Philanthropy, Voluntarism & Grantmaking Foundations (in CA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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