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· Private foundation

The Kbk Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$1.7M
Granted FY2025still arriving
14
Grants FY2025still arriving
6
States reached
$1.1M
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Arts & Culture$6.8MPublic Safety & Disaster$1.2MFood & Nutrition$1.1MHousing & Shelter$610kPhilanthropy$580kEducation$435kScience & Tech$265kAnimals$140kOther$0
02FY2025 · 14 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k3 grants · $15k
  • $10k–50k4 grants · $80k
  • $50k–250k5 grants · $300k
  • $250k+2 grants · $1.3M
$50,000
Median grant
6
States reached
$89k
Total assets
Largest grants
RecipientAmount
SPENCER THEATER FOR THE PERFORMING ARTS INC$1,076,000
GREATER BOSTON FOOD BANK$250,000
Individual grant recipient$100,000
PROJECT BREAD$50,000
SALVATION ARMY$50,000
UNITED WAY OF MASSACHUSETTS$50,000
AMERICAN RED CROSS$50,000
METRO HOUSING BOSTON$40,000
HABITAT FOR HUMANITY$20,000
NEW ENGLAND AQUARIUM$10,000
BOSTON MUSEUM OF SCIENCE$10,000
EMERALD NECKLACE CONSERVANCY$5,000
BOSTON MUSEUM OF FINE ARTS$5,000
KENT DENVER SCHOOL$5,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–25, $575k) land where the poverty rate runs at 14%, against an area that typically sits at 9%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%AMERICAN RED CROSS: $175k → 14%AMERICAN RED CROSS: $150k → 14%AMERICAN RED CROSS: $100k → 14%AMERICAN RED CROSS: $60k → 14%AMERICAN RED CROSS: $50k → 14%AMERICAN RED CROSS: $40k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

100%of every dollar goes to organizations it has funded before.
$11M · 19 repeat orgs$0 to everyone else

19 repeat relationships: 14 still active in FY2025, 5 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

19
0

Total granted

$11M
$0

Still filing today

42%
0%

New vs renewed · share of each year

In FY2025, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
EducationFood & NutritionPhilanthropyAnimalsRecreation & SportsHuman ServicesOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • ST
    SPENCER THEATER FOR THE PERFORMING ARTS INC
    9× · 2017–2025 · $6.7M · revenue +53% · 42% of their budget
  • GB
    GREATER BOSTON FOOD BANK INC
    9× · 2017–2025 · $850k · revenue +89%
  • AN
    American National Red Cross & Its Constituent Chapters and Branches
    6× · 2020–2025 · $575k · revenue +38%

Funded once

    How this is measured

    Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

    04Its field

    Closest unfunded matches

    The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

    1
    Boston Architectural College

    The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

    —
    2
    Massachusetts Institute of Technology

    The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

    Education
    3
    Bentley University

    Organization's mission bentley university believes good business can impact more than the bottom line - it can change the world. bentley is a community of future business leaders who will deliver value in the marketplace and lasting…

    Education
    4
    Boston Harbor Now Inc

    Our mission is to ensure that the people of greater boston benefit from a vibrant, resilient, and inclusive waterfront, harbor, and islands; these spaces are equitable, accessible, and adapted to climate change; and to ensure our public,…

    Environment
    5
    Native Plant Trust Inc

    The organization's mission is to conserve and promote new england's native plants to ensure healthy, biologically diverse landscapes.

    Environment
    6
    Wentworth Institute of Technology Inc

    Wentworth institute of technology is a nationally recognized private coeducational and residential university of higher education with a mission to empower, inspire and innovate through experiential learning with a core purpose of career…

    Education
    7
    Northeast College of Health Sciences

    Northeast college of health sciences (the college) is committed to academic excellence, leadership, and professional best practices in the health sciences.

    Education
    8
    Mass General Brigham Health Plan Inc

    Mass general brigham health plan's mission is to promote the health and wellness of our members, and to help ensure equitable, affordbale health care for the diverse communities we serve.

    Health
    9
    Neighborhealth Corporation

    Neighborhealth's mission is to promote and sustain healthy communities, families, and individuals by providing accessible, person-centered, and compassionate, high-quality health care services to all who live and work in our service area,…

    Health
    10
    Massachusetts Higher Education Assistance Corporation

    The organization's primary exempt purpose is to provide access to and conduct activities in furtherance of higher education.

    —
    11
    Trustees of Boston University

    Organization's mission: boston university is an international, comprehensive, private research university, committed to educating students to be reflective, resourceful individuals ready to live, adapt, and lead in an interconnected world.…

    —
    12
    Massachusetts Housing Investment Corporation

    Mhic's mission is to be an innovative private financier of afforable housing and community development throughout new england, providing financing that would not otherwise be available, and extending the impact of that financing to ensure…

    Housing & Shelter
    How this is measured
    The grantee most central to the portfolio’s shape is Project Bread-the Walk for Hunger Inc; the most unlike its peers is Spencer Theater for the Performing Arts Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
    04the grantee network

    10 grantees tracked through their own filings, 2017–2025.

    Each grant beside the grantee’s revenue from every source, year by year.

    How this is measured

    Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 10 of the 19 grantees resolved in that span have returns of their own we could reconcile.

    Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

    1
    Load-bearing (≥25% of a budget)
    2
    Early backer (in before they grew)
    8/10
    Grantees still filing
    7/10
    Grew since first funded

    Where the money sits, by cause and then by grantee

    SPENCER THEATER FOR THE PERFORMING ARTS INC: $6,688,802 · OtherSPENCER THEATER FOR THE PERFORMING ARTS INCGREATER BOSTON FOOD BANK INC: $850,000 · OtherGREATER BOSTON FOOD BANK INCSALVATION ARMY: $470,000 · OtherUNITED WAY OF MASSACHUSETTS: $430,000 · Other+8 more: $1,465,000 · Other+8 moreAmerican National Red Cross & Its Constituent Chapters and Branches: $575,000 · Human ServicesPROJECT BREAD-THE WALK FOR HUNGER INC: $245,000 · Food & NutritionKENT DENVER COUNTRY DAY SCHOOL: $110,000 · EducationPINE MANOR COLLEGE: $95,000 · EducationUnited Way Of Massachusetts Bay Inc: $150,000 · PhilanthropyNEW ENGLAND AQUARIUM CORPORATION: $140,000 · AnimalsEMERALD NECKLACE CONSERVANCY INC: $70,000 · Recreation & Sports
    Other$9,903,802Human Services$575,000Food & Nutrition$245,000Education$205,000Philanthropy$150,000Animals$140,000Recreation & Sports$70,000

    Each grantee by its size and the funder’s share of it; top left is load-bearing

    25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetSPENCER THEATER FOR THE PERFORMING ARTS INC: $6,688,802 over 9y, 42% of budgetGREATER BOSTON FOOD BANK INC: $850,000 over 9y, 0.1% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $575,000 over 6y, 0.0% of budgetPROJECT BREAD-THE WALK FOR HUNGER INC: $245,000 over 9y, 0.3% of budgetUnited Way Of Massachusetts Bay Inc: $150,000 over 2y, 0.2% of budgetNEW ENGLAND AQUARIUM CORPORATION: $140,000 over 9y, 0.1% of budgetKENT DENVER COUNTRY DAY SCHOOL: $110,000 over 9y, 0.1% of budgetPINE MANOR COLLEGE: $95,000 over 6y, 2.8% of budgetEMERALD NECKLACE CONSERVANCY INC: $70,000 over 9y, 0.6% of budget
    Grantee by grantee: a decade per organization, before and after funding

    A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

    • Who funds SPENCER THEATER FOR THE PERFORMING ARTS INC ↗
    • Who funds GREATER BOSTON FOOD BANK INC ↗
    • Who funds American National Red Cross & Its Constituent Chapters and Branches ↗
    • Who funds PROJECT BREAD-THE WALK FOR HUNGER INC ↗
    • Who funds United Way Of Massachusetts Bay Inc ↗
    • Who funds NEW ENGLAND AQUARIUM CORPORATION ↗
    • Who funds KENT DENVER COUNTRY DAY SCHOOL ↗
    • Who funds HABITAT FOR HUMANITY INC ↗
    • Who funds PINE MANOR COLLEGE ↗
    • Who funds EMERALD NECKLACE CONSERVANCY INC ↗

    How much its grantees rely on government

    Each dot is one organization The Kbk Foundation funds: left to right is the share of its income from government, bottom to top the share from The Kbk Foundation. Bigger dots raise more.

    2024
    ’20’21’22’23’24’25
    no gov · 00%3%13%28%50%funder's share of their income ↑0%8%15%22%30%share of the org’s income from government →median 22%
    • United Way of Massachusetts Bay Inc: 23% of income from government
    • Greater Boston Food Bank Inc: 22% of income from government
    • New England Aquarium Corporation: 12% of income from government
    • Emerald Necklace Conservancy Inc: 0% of income from government
    no gov moneyreceives it· size = income
    0get no government money at all
    3report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–30%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 19 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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