Overview

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Est.

1974

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

The Montclair Kimberley Academy Foundation, with EIN 23-7365263, is dedicated to supporting elementary and secondary education. With an operating budget of $46.1 million and total revenue of $57.4 million for the 2024 filing year, the organization relies on a diverse range of funding sources, none of which constitute 50% or more of its revenue. More information about the foundation can be found on its website, www.mka.org.

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Mission Statement

SEE SCHEDULE O

Cause Areas

1
Elementary and secondary education
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Financials

2024
Revenues
$57.4M
Expenses
$52M
Net Income:
+$5.4M
Assets
$102.3M
Liabilities
$10.4M
Net Assets:
+$91.9M

Financial Trends

2024
Operating Budget
$46.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Logo for "FIDELITY INVESTMENTS CHARITABLE GIFT FUND"
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
BOSTON, MA, US
$51.8B
< 1%
Logo for "COASTAL COMMUNITY FOUNDATION"
COASTAL COMMUNITY FOUNDATION
N Charleston, SC, US
$177.2M
< 1%
Logo for "NATIONAL PHILANTHROPIC TRUST"
NATIONAL PHILANTHROPIC TRUST
JENKINTOWN, PA, US
$19.6B
< 1%

Grants Received

2024
Total No. of Grants
14
Median grant size
$22.5K
Largest grant received
$176.6K

Board & Team

N
Nigel D Furlonge
Board Member
R
Ralph Pacifico
Board Member
L
Luke a Sarsfield III
Board Member

Frequently Asked Questions

What is MONTCLAIR KIMBERLEY ACADEMY FOUNDATION’s budget?
In 2024, MONTCLAIR KIMBERLEY ACADEMY FOUNDATION reported an annual operating budget of around $46.1 million. More detailed financial information is available to registered users.
What causes does MONTCLAIR KIMBERLEY ACADEMY FOUNDATION support?
MONTCLAIR KIMBERLEY ACADEMY FOUNDATION supports work in Elementary and secondary education.
Where does MONTCLAIR KIMBERLEY ACADEMY FOUNDATION operate?
MONTCLAIR KIMBERLEY ACADEMY FOUNDATION is headquartered in MONTCLAIR, NJ.
Who funded MONTCLAIR KIMBERLEY ACADEMY FOUNDATION recently?
In 2025, MONTCLAIR KIMBERLEY ACADEMY FOUNDATION received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CHARITIES AID FOUNDATION AMERICA, and RAYMOND JAMES CHARITABLE ENDOWMENT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant MONTCLAIR KIMBERLEY ACADEMY FOUNDATION received in 2024?
The largest grant to MONTCLAIR KIMBERLEY ACADEMY FOUNDATION in 2024 exceeds $177 thousand.
What is MONTCLAIR KIMBERLEY ACADEMY FOUNDATION’s reliance on government grants?
MONTCLAIR KIMBERLEY ACADEMY FOUNDATION relied on government grants for less than 5% of their total revenue in 2024.