Kpmg U S Foundation Inc is a 501(c)(3) organization based in Montvale, New Jersey, registered in 1994, with $26,497,027 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$26.5M
▼ 0.9% vs prior year
Public Safety median: $166K
Expenses (FY2023)
$32.7M
Net assets
-$2.3M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Kpmg U S Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kpmg U S Foundation Inc: 0 mo reserves · -24% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Kpmg U S Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kpmg U S Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $729K (FY2013) to $26.5M (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-23.5%
Spent more than it raised in the latest fiscal year.
Total assets
$13.2M
Total liabilities
$15.5M
Net assets
-$2.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $26,497,027▼0.9% | $32,733,767▲12.1% | -$2,288,869▼169% | $13,178,747▼2.8% | 990 |
| 2022 | $26,733,528▲25.5% | $29,208,869▲46.1% | $3,323,180▼21.8% | $13,556,127▲76.8% | 990 |
| 2021 | $21,294,183▲34.7% | $19,993,945▲41.7% | $4,251,527▲42.6% | $7,668,523▲4.8% | 990 |
| 2020 | $15,805,359▼7.7% | $14,113,133▼20.9% | $2,982,145▲126% | $7,316,074▲13.1% | 990 |
| 2019 | $17,122,595▲10.2% | $17,849,240▲21.8% | $1,320,541▲85.2% | $6,466,563▼10.4% | 990 |
| 2017 | $15,543,280▲13.8% | $14,650,515▲38.0% | $713,205▲497% | $7,217,371▲32.9% | 990 |
| 2016 | $13,656,838▲1359% | $10,616,423▲1596% | -$179,560▼115% | $5,431,165▲360% | 990 |
| 2014 | $936,092▲28.4% | $626,117▼5.8% | $1,175,610▲35.8% | $1,179,660▲35.7% | 990 |
| 2013 | $729,184 | $664,375▼41.1% | $865,635▲8.1% | $869,485▲8.1% | 990 |
| 2012 | — | $1,128,813 | $800,826 | $804,576 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
69 grants to Kpmg U S Foundation Inc totaling $4.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mile High United Way Inc | Other | 2024 | $452,202 |
| Mile High United Way Inc | Other | 2024 | $452,202 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $258,800 |
| American Endowment Foundation | Educational | 2024 | $15,000 |
| Community Foundation of New Jersey | Universities, graduate schools or law schools | 2024 | $12,500 |
| Greater Houston Community Foundation | Educational | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $6,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $71,250 |
| Mile High United Way Inc | Desig | 2023 | $38,958 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $38,150 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $33,800 |
| American Endowment Foundation | Educational | 2023 | $18,600 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2023 | $12,500 |
| St Louis Community Foundation Incorporated | $10000 directed to university of missouri - columbia | 2023 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $9,000 |
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Data for Kpmg U S Foundation Inc (EIN 22-3263347) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.