Kla-Tencor Foundation
- Assets
- $28.0m
- Revenue
- $8.5m
- Investments
- $25.0m
- Employees
- 0
- Location
- Milpitas, CA
- Founding
- 01/2001
- Data as of
- 12/2020
- EIN
- 77-0557004
Organization Overview
Kla-Tencor Foundation is located in Milpitas, CA. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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.
For the year ending 12/2020, Kla-Tencor Foundation generated $8.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 47.6% each year . All expenses for the organization totaled $6.9m during the year ending 12/2020. While expenses have increased by 26.0% 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.
Since 2018, Kla-Tencor Foundation has awarded 455 individual grants totaling $12,997,053. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN HEART ASSOCIATION - 2020 AUSTIN HEART WALK AND SOCIAL EQUITY FUND IN THE BAY AREA
NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE - SOCIAL JUSTICE COMMITMENT
HISPANIC FOUNDATION OF SILICON VALLEY - SUPPORT SCHOLARSHIP PROGRAM
SEMI FOUNDATION - WORKFORCE DEVELOPEMENT OF WOMEN IN INDUSTRY AWARENESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Campbell Director | 25 | $247,204 | |
Elizabeth Hirai Administrative Assistant | 10 | $28,363 | |
Rick Wallace Director | 1 | $0 | |
John Van Camp Board Chairman | 1 | $0 | |
Vince Staub Committee President | 5 | $0 | |
Terri Little Executive VP & Chief Legal Counsel | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,000,000 |
| Interest on Savings | $394,806 |
| Dividends & Interest | $6,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,827 |
| Capital Gain Net Income | $74,827 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,476,259 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $261,305 |
| Other employee salaries and wages | $80,515 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,680 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,977 |
| Printing and publications | $0 |
| Other expenses | $390,273 |
| Total operating and administrative expenses | $827,215 |
| Contributions, gifts, grants paid | $6,060,412 |
| Total expenses and disbursements | $6,887,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,283,945 |
| Savings and temporary cash investments | $619,986 |
| Net Accounts receivable | $0 |
| 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 | $8,041 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,951,327 |
| Accounts payable and accrued expenses | $506,479 |
| Grants payable | $750,000 |
| 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 | $1,256,479 |
Grants Awarded
Over the last fiscal year, Kla-Tencor Foundation has awarded $6,060,412 in support to 202 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHT FUNDS PURPOSE: EMPLOYEE DONATIONS WITH CREDITS | $1,463,399 |
Dallas, TX PURPOSE: 2020 AUSTIN HEART WALK | $751,675 |
NAACP PURPOSE: SOCIAL JUSTICE COMMITMENT | $250,000 |
HISPANIC FOUNDATION OF SILICON VALLEY PURPOSE: 2020 HISPANIC FOUNDATION OF SILICON VALLEY GRANT | $130,000 |
Milpitas, CA PURPOSE: GRANT FOR SEMI HT UNIVERSITY INVOICE#90-000114 | $111,000 |
YEAR UP INC PURPOSE: 4 INTERNS FOR KLA | $106,080 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ray And Dagmar Dolby Family Fund San Francisco, CA | $99,390,789 | $10,905,334 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $10,569,953 | $10,116,470 |
Colburn Music Fund Los Angeles, CA | $0 | $1,827,507 |
Herbalife Nutrtion Foundation Los Angeles, CA | $12,904,700 | $4,767,159 |
Kla-Tencor Foundation Milpitas, CA | $27,951,327 | $8,476,259 |
Frederick Gardner Cottrell Foundation Tucson, AZ | $51,564,715 | $11,154,134 |
Walter J & Betty C Zable Foundation San Diego, CA | $0 | $3,783,752 |
Harman Family Foundation Los Angeles, CA | $38,212,766 | $3,645,376 |
Kabcenell Family Foundation Portola Valley, CA | $21,668,470 | $1,693,426 |
Intuit Foundation Mountain View, CA | $943,354 | $4,145,973 |
In-N-Out Burgers Foundation Irvine, CA | $35,758,295 | $6,631,731 |
Gardner Grout Foundation Reno, NV | $44,721,641 | $3,909,054 |