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Key Foundations EIN 76-0765352

Key Foundations

EIN  76-0765352 Private foundation / grantmaker Baton Rouge, LA
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Size
<$100K
What they do
A private foundation based in Baton Rouge, LA. It reported about $2K in revenue for 2024.
Leadership
Carolyn Myer · Executive Dir.
Money in and out
$2K revenue, $869 expenses
Bottom line
—

A private foundation based in Baton Rouge, LA. It reported about $2K in revenue for 2024. For fiscal year 2025 it reported $2K in revenue, $869 in expenses, and $2K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$2K
Pt VIII · Ln 12
Total expenses
$869
Pt IX · Ln 25
Net assets
$2K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1K
Total assets
2K
deployed as grants and operations
Grants paid
764
in FY2025
Payout rate
36%
of assets (5% rule)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$2K
FY2025▲ +54%
Expenses
$869
FY2025▲ +728%
Total assets
$2K
FY2025▲ +79%
Total liabilities
$0
FY2025
Total revenue
$2K
Pt VIII · Ln 12
Total expenses
$869
Pt IX · Ln 25
Net assets
$2K
Pt X · Ln 32
Total assetsPt II$2K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKey Foundations
EINHdr · item D76-0765352
Principal addressHdr · item CBaton Rouge, LA
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B21)
Ruling yearIRS BMFJul 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Carolyn Myer
Executive Dir.
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$2K
Total revenueLn 12$2K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.88 Operating & administrative $0.12
Grants & contributions paid88%$764
Operating & administrative12%$105
Total functional expensesLn 25$869

Balance Sheet

Part X · end of year
CashLn 1$2K
Total assetsLn 16$2K
Total liabilitiesLn 26$0
Total net assetsLn 32$2K
Months of cash on handcomputed29.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $2K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $2K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $2K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $2K · Prior year $1K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $2K · Beginning of year $1K
+79%
Balance sheet
Surplus Margin
Revenue $2K · Expenses $869
+56%
Liabilities-to-Assets
Total liabilities $0 · Total assets $2K
0%
Net-asset ratio
Net assets $2K · Total assets $2K
100%
People & payroll
Highest Reported Total Compensation
Individual Carolyn Myer · Reported title Executive Dir. · Highest reported compensation $0 · Total expenses $869
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 54%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$2K revenue · viewing · ⤓ 990 PDF
FY2024$1K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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