HENRY J KAISER FAMILY FOUNDATION Charity Report

Public IRS 990 nonprofit record

HENRY J KAISER FAMILY FOUNDATION

EIN 94-6064808 · Private Independent Foundations (T22)

What they do

SEE SCHEDULE O.KFF FILLS THE NEED for TRUSTED, INDEPENDENT INFORMATION ON NATIONAL HEALTH ISSUES THROUGH POLICY ANALYSIS, POLLING & SURVEY RESEARCH, and JOURNALISM. THE HALLMARK of KFF is OUR FOCUS ON HOW POLICY AFFECTS PEOPLE. WE BELIEVE IN THE IMPORTANCE of EVIDENCE, INFORMATION and FACTS. WE PROVIDE A VOICE for PEOPLE WHO DONT ALWAYS HAVE A SEAT AT THE TABLE. WE NEVER TRY to ACHIEVE ANY PARTICULAR POLICY, or TAKE POSITIONS or ADVOCATE for POLICIES or PROGRAMS. WE WANT to ENSURE THAT DEBATE is INFORMED BY CREDIBLE and TIMELY INFORMATION - WHETHER ITS A POLICY ANALYSIS, A POLL, or A KFF HEALTH NEWS STORY or INVESTIGATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

191.08%of revenue went to mission work82.8% of expenses · Program services

3.09%of revenue went to fundraising1.3% of expenses

$230.84spent for every $100 of revenueSpending was higher than revenue this year.

36.67%of revenue went to management and office costs15.9% of expenses

$10.28in assets for every $1 spent this yearSome assets cannot be spent right away.

54.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $42,382,664 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,123,905 for DREW ALTMAN (TRUSTEE, PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$32,391,992

Mission workProgram services$61,893,433191.08% of revenue82.8% of expenses

ManagementOffice and general costs$11,878,74636.67% of revenue15.9% of expenses

FundraisingAsking for donations$1,002,4773.09% of revenue1.3% of expenses

Total expenses$74,774,656230.84% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.8% mission · 15.9% management · 1.3% fundraisingTotal expenses: 230.84% of revenue

2023Expense mix: 80.4% mission · 18.2% management · 1.3% fundraisingTotal expenses: 89.70% of revenue

2022Expense mix: 80.2% mission · 18.8% management · 1.1% fundraisingTotal expenses: 100.26% of revenue

2021Expense mix: 77.0% mission · 22.4% management · 0.6% fundraisingTotal expenses: 60.11% of revenue

2020Expense mix: 76.2% mission · 23.6% management · 0.2% fundraisingTotal expenses: 47.66% of revenue

2019Expense mix: 83.5% mission · 16.5% management · 0.0% fundraisingTotal expenses: 102.00% of revenue

Money in and money out

Revenue$32,391,992

Expenses$74,774,656

Annual shortfall $42,382,664 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$61,893,433 · 82.8% of expenses

Management and office costs$11,878,746 · 15.9% of expenses

Fundraising$1,002,477 · 1.3% of expenses

See all reported dollar amounts

Revenue$32,391,992

Expenses$74,774,656

Assets$768,899,607

Income$161,317,697

Contributions$17,684,590

Mission work (program services)$61,893,433

Fundraising$1,002,477

Grants given$3,155,910

Average grant$17,152

Management and general$11,878,746

Executive compensation (total)$3,106,667

Stocks and bonds$51,457,727

Accounting fees$303,059

Investing fees$922,748

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DREW ALTMANTRUSTEE, PRESIDENT & CEO · 38 hrs/week $1,123,905Base $1,012,215 · Other $111,690

MOLLYANN BRODIEEXECUTIVE VICE PRESIDENT & COO · 38 hrs/week $634,305Base $522,273 · Other $112,032

LAWRENCE LEVITT EXECUTIVEVICE PRESIDENT FOR HEALTH POLICY · 38 hrs/week $617,541Base $522,425 · Other $95,116

DEAN DUCHAKCHIEF INVESTMENT OFFICER · 38 hrs/week $575,041Base $473,072 · Other $101,969

DAVID ROUSSEAUPUBLISHER KFF HEALTH NEWS · 38 hrs/week $570,819Base $475,549 · Other $95,270

ANN DEFABIOSENIOR VICE PRESIDENT & CCO · 38 hrs/week $460,811Base $390,569 · Other $70,242

ELIZABETH CAINCHIEF FINANCIAL OFFICER · 38 hrs/week $460,135Base $382,365 · Other $77,770

ELISABETH ROSENTHAL SENIORCONTRIBUTING EDITOR KFF HEALTH NEWS · 38 hrs/week $456,694Base $380,004 · Other $76,690

IRVING WASHINGTON III SENIORVICE PRESIDENT & EXECUTIVE DIRECTOR · 38 hrs/week $452,190Base $398,753 · Other $53,437

SUSAN SIEGELTRUSTEE · 4 hrs/week $32,500

KATHLEEN SEBELIUSTRUSTEE · 4 hrs/week $31,750

OLYMPIA SNOWETRUSTEE, CHAIR · 4 hrs/week $31,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

DREW ALTMANTRUSTEE, PRESIDENT & CEO

MOLLYANN BRODIEEXECUTIVE VICE PRESIDENT & COO

LAWRENCE LEVITT EXECUTIVEVICE PRESIDENT FOR HEALTH POLICY

DEAN DUCHAKCHIEF INVESTMENT OFFICER

DAVID ROUSSEAUPUBLISHER KFF HEALTH NEWS

ANN DEFABIOSENIOR VICE PRESIDENT & CCO

ELIZABETH CAINCHIEF FINANCIAL OFFICER

ELISABETH ROSENTHAL SENIORCONTRIBUTING EDITOR KFF HEALTH NEWS

IRVING WASHINGTON III SENIORVICE PRESIDENT & EXECUTIVE DIRECTOR

SUSAN SIEGELTRUSTEE

KATHLEEN SEBELIUSTRUSTEE

OLYMPIA SNOWETRUSTEE, CHAIR

KEVIN MERIDATRUSTEE

REED V TUCKSONTRUSTEE

JAMES E CANALESTRUSTEE, VICE-CHAIR

MARCELLA NUNEZ-SMITHTRUSTEE

FREDERICK P CERISETRUSTEE

SOLEDAD OBRIENTRUSTEE

FRED TERRELLTRUSTEE

About this charity

Recognized since: January 2019
Location: 185 BERRY ST STE 2000, SAN FRANCISCO, CA 94107-1704
County: City and County of San Francisco
In care of: ELIZABETH A CAIN
Primary officer: ELIZABETH A CAIN, CFO

How to reach them

WebsiteVisit the charity’s website Phone(650) 854-9400

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Private Independent Foundations (T22)
IRS tax category: Private Independent Foundations
Grant-giving organization: Yes