Kla-Tencor Foundation
- Assets
- $0.0
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Milpitas, CA
- Founding
- 01/2001
- Data as of
- 03/2024
- 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. Kla-Tencor Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2024, Kla-Tencor Foundation generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $885.9k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Kla-Tencor Foundation has awarded 715 individual grants totaling $25,521,046. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
MILPITAS UNIFIED SCHOOL DISTRICT - SUPPORT FOR INNOVATION BUILDING ($250,000 PAYMENTS IN 2022 AND 2023)
AMERICAN HEART ASSOCIATION - SUPPORT FOR BAY AREA AND DETROIT SOCIAL IMPACT FUND
BUSINESS IN THE COMMUNITY - SUPPORT TO PLACE BASE PROGRAMMING IN NEWPORT, UNITED KINGDOM
INTERNATIONAL RESCUE COMMITTE - SUPPORT FOR HUMANITARIAN EFFORTS IN AND AROUND UKRAINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Wallace Director | 1 | $0 | |
John Van Camp Board Chairman | 1 | $0 | |
John Mclaughlin President | 1 | $0 | |
Marybeth Wilkinson Director | 1 | $0 | |
Bobby Bell Director | 1 | $0 | |
Jen Shea Executive Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000,000 |
| Interest on Savings | $266,521 |
| Dividends & Interest | $43,043 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,592 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,300,972 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $244,462 |
| Total operating and administrative expenses | $291,830 |
| Contributions, gifts, grants paid | $594,026 |
| Total expenses and disbursements | $885,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Kla-Tencor Foundation has awarded $594,026 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SILICON VALLEY BICYCLE COALITION PURPOSE: SPONSORSHIP OF BIKE TO WORK DAYS | $10,000 |
JAPANESE RED CROSS SOCIETY PURPOSE: SUPPORT FOR DISASTER RELIEF DUE TO EARTHQUAKE IN JAPAN | $40,000 |
CIVIC FORCE PURPOSE: SUPPORT FOR DISASTER RELIEF DUE TO EARTHQUAKE IN JAPAN | $10,000 |
AMERICAN CANCER SOCIETY PURPOSE: SUPPORT FOR ACCESS TO PATIENT SERVICE INCLUDING PATIENT SCREENINGS AND LODGING IN MICHIGAN AND CALIFORNIA | $50,000 |
AMERICAN DIABETES ASSOCIATION PURPOSE: NORTHERN CALIFORNIA TOUR DE CURE SPONSORSHIP | $50,000 |
BLESSINGS IN A BACKPACK PURPOSE: GLOBAL VOLUNTEER WEEK- ANN ARBOR- FOOD PACKING EVENT | $8,000 |