Kay Family Foundation

Wilmington, DE
Tax-exempt since July 2005
EIN: 55-0883567

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$938k (2024)

Expenses

$571k (2024)

Total Assets

$15.5M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$937,897

Expenses

$571,329

Net Income

$366,568

Net Assets

$15,547,546

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$62,637	6.7%
Dividends	$351,260	37.5%
Sales of Assets	$447,587	47.7%
Other Income	$76,413	8.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$421,234	73.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$15,547,546
Total Liabilities	$0
Net Assets	$15,547,546

Compensation

Key Employees and Officers	Compensation	Other
Eleanor Kay (Sec, Dir)	$0	$0
Elim Kay (Dir, Pres)	$0	$0
Ethan Kay (Treas, Dir)	$0	$0
Timothy Tang (Dir)	$0	$0

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990-PF

Filed on Nov. 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$1,058,924

Expenses

$656,667

Net Income

$402,257

Net Assets

$15,008,466

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$668,726	63.2%
Sales of Assets	$359,979	34.0%
Other Income	$30,219	2.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$586,711	89.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$15,233,466
Total Liabilities	$225,000
Net Assets	$15,008,466

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Director/Chair)	$0	$0
Helen Kay (Director/Vice Chair)	$0	$0
Ethan Kay (Director/Treasurer)	$0	$0
Eleanor Kay (Director/Secretary)	$0	$0
Elim Kay (Director)	$0	$0
Timothy Tang (Director)	$0	$0

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990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$219,232

Expenses

$17,344,705

Net Income

-$17,125,473

Net Assets

$14,689,793

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$56,344	25.7%
Sales of Assets	$162,888	74.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$962,555	5.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$15,221,943
Total Liabilities	$532,150
Net Assets	$14,689,793

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Directorchair)	$0	$0
Helen Kay (Directorvice Chair)	$0	$0
Ethan Kay (Directortreasurer)	$0	$0
Eleanor Kay (Directorsecretary)	$0	$0
Elim Kay (Directorpresident)	$0	$0
Timothy Tang (Directorgrants)	$0	$0

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990-PF

Filed on Oct. 24, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$6,311,739

Expenses

$2,071,224

Net Income

$4,240,515

Net Assets

$31,821,407

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,394	0.1%
Sales of Assets	$6,241,677	98.9%
Other Income	$61,668	1.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,390,272	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$33,724,296
Total Liabilities	$1,902,889
Net Assets	$31,821,407

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Director/Chair)	$0	$0
Helen Kay (Director/Vice Chair)	$0	$0
Ethan Kay (Director/Treasurer)	$0	$0
Eleanor Kay (Director/Secretary)	$0	$0
Elim Kay (Director/President)	$0	$0
Timothy Tang (Director/Grants)	$0	$0

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990-PF

Filed on Jan. 12, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

-$6,390,513

Expenses

$878,444

Net Income

-$7,268,957

Net Assets

$27,472,401

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$4,804
Sales of Assets	$0
Other Income	$520,553

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,216,087	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,913,623
Total Liabilities	$1,441,222
Net Assets	$27,472,401

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Director/Chair)	$0	$0
Helen Kay (Director/Vice Chair)	$0	$0
Ethan Kay (Director/Treasurer)	$0	$0
Eleanor Kay (Director/Secretary)	$0	$0
Elim Kay (Director/President)	$0	$0
Timothy Tang (Director/Grants)	$0	$0

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990-PF

Filed on Nov. 15, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$4,741,811

Expenses

$2,931,595

Net Income

$1,810,216

Net Assets

$34,896,666

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$511,780	10.8%
Dividends	$21,921	0.5%
Sales of Assets	$3,993,723	84.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,291,577	78.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$37,456,914
Total Liabilities	$2,560,248
Net Assets	$34,896,666

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Director, Chair)	$0	$0
Eleanor Kay (Director, Secretary)	$0	$0
Ethan Kay (Director, Finance)	$0	$0
Elim Kay (Director, President)	$0	$0
Timothy Tang (Director, Grants)	$0	$0

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990-PF

Filed on Nov. 17, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$331,713

Expenses

$1,323,982

Net Income

-$992,269

Net Assets

$33,279,395

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$417	0.1%
Dividends	$33,739	10.2%
Sales of Assets	$0
Other Income	$1,368	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,940,406	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$35,032,976
Total Liabilities	$1,753,581
Net Assets	$33,279,395

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Director, Chair)	$0	$0
Eleanor Kay (Director, Secretary)	$0	$0
Ethan Kay (Director, Finance)	$0	$0
Elim Kay (Director, President)	$0	$0
Timothy Tang (Director, Grants)	$0	$0

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990-PF

Filed on Nov. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$1,309,747

Expenses

$1,409,631

Net Income

-$99,884

Net Assets

$34,058,356

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$105	0.0%
Dividends	$55,903	4.3%
Sales of Assets	$1,009,833	77.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,312,435	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$36,859,437
Total Liabilities	$2,801,081
Net Assets	$34,058,356

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Director, Chair)	$0	$0
Eleanor Kay (Director, Secretary)	$0	$0
Ethan Kay (Director, Finance)	$0	$0
Elim Kay (Director, President)	$0	$0
Timothy Tang (Director, Grants)	$0	$0

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990-PF

Filed on Nov. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$3,077,677

Expenses

$2,238,585

Net Income

$839,092

Net Assets

$32,439,675

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	1.6%
Interest Revenue	$0
Dividends	$39,497	1.3%
Sales of Assets	$2,744,274	89.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,778,044	79.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$36,979,028
Total Liabilities	$4,539,353
Net Assets	$32,439,675

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Director, Chair)	$0	$0
Eleanor Kay (Director, Secretary)	$0	$0
Ethan Kay (Director, Finance)	$0	$0
Elim Kay (Director, President)	$0	$0
Timothy Tang (Director, Grants)	$0	$0

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990-PF

Filed on Nov. 14, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2015

Revenue

$2,962,509

Expenses

$2,191,173

Net Income

$771,336

Net Assets

$31,600,583

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$83,308	2.8%
Sales of Assets	$2,636,491	89.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,916,984	87.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$35,887,057
Total Liabilities	$4,286,474
Net Assets	$31,600,583

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Director, Chair)	$0	$0
Eleanor Kay (Director, Secretary)	$0	$0
Ethan Kay (Director, Finance)	$0	$0
Elim Kay (Director, President)	$0	$0
Timothy Tang (Director, Grants)	$0	$0

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990-PF

Filed on Nov. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$3,911,142

Expenses

$1,647,780

Net Income

$2,263,362

Net Assets

$30,733,708

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,320,000	33.7%
Interest Revenue	$0
Dividends	$5,427	0.1%
Sales of Assets	$2,431,627	62.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,465,440	88.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$34,953,274
Total Liabilities	$4,219,566
Net Assets	$30,733,708

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Director, Chair)	$0	$0
Eleanor Kay (Director, Secretary)	$0	$0
Ethan Kay (Director, Finance)	$0	$0
Elim Kay (Director, President)	$0	$0
Timothy Tang (Director, Grants)	$0	$0

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990-PF

Filed on Nov. 16, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$2,433,497

Expenses

$1,947,634

Net Income

$485,863

Net Assets

$27,621,241

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$500,000	20.5%
Interest Revenue	$384,449	15.8%
Dividends	$16,225	0.7%
Sales of Assets	$1,316,117	54.1%
Other Income	$22,512	0.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,743,694	89.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$32,477,515
Total Liabilities	$4,856,274
Net Assets	$27,621,241

Compensation

Key Employees and Officers	Compensation	Other
Steeve Kay (Director, Chair)	$0	$0
Eleanor Kay (Director, Secretary)	$0	$0
Ethan Kay (Director, Finance)	$0	$0
Elim Kay (Director, President)	$0	$0
Timothy Tang (Director, Grants)	$0	$0

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990-PF

Filed on Nov. 18, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$2,923,954

Expenses

$1,488,335

Net Income

$1,435,619

Net Assets

$26,916,937

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,000,000	68.4%
Interest Revenue	$329,350	11.3%
Dividends	$90,727	3.1%
Sales of Assets	$283,477	9.7%
Other Income	$1,350	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,294,275	87.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,633,477
Total Liabilities	$4,716,540
Net Assets	$26,916,937

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$689,802

Expenses

$2,101,069

Net Income

-$1,411,267

Net Assets

$27,639,611

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$535,920	77.7%
Dividends	$181,642	26.3%
Sales of Assets	$0
Other Income	$5,608	0.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$798,573	38.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,754,319
Total Liabilities	$114,708
Net Assets	$27,639,611

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

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Kay Family Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $938k (2024)

Expenses $571k (2024)

Total Assets $15.5M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$938k (2024)

Expenses

$571k (2024)

Total Assets

$15.5M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005