Korn Ferry Charitable Foundation EIN 85-0622977 Form 990 (PDF) Claim this org

Korn Ferry Charitable Foundation

Not yet claimed Claim this org →

Empowering individuals and communities through relief, education, and grants. For fiscal year 2025 it reported $1.0M in revenue, $523K in expenses, and $789K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Los Angeles, CA
Website
www.kornferryfoundation.org
Filings
4 on file (2021–2025)
Revenue
$1.0MFY2025
Expenses
$523K
Net assets
$789K
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-0622977 Public foundation / grantmaker Los Angeles, CA
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Korn Ferry Charitable Foundation claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Empowering individuals and communities through relief, education, and grants.
Leadership
Jonathan Kuai · Chair/Director
Money in and out
$1.0M revenue, $523K expenses
Bottom line
97% program efficiency
Grants paid & assets · FY2025
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$523K
Pt IX · Ln 25
Net assets
$789K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $482K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs+0.5% vs prior filing year
Operating runway
18.1mo
months of highly liquid reserves at operating expense rate▲ +129% vs prior filing year
Surplus margin
+48%
revenue over expenses, this year▲ +102% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.0M
FY2025▲ ×45
Expenses
$523K
FY2025▲ +12%
Total assets
$789K
FY2025▲ +157%
Total liabilities
$0
FY2025
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$523K
Pt IX · Ln 25
Net assets
$789K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$482K
Total assetsPt X · Ln 16$789K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKorn Ferry Charitable Foundation
EINHdr · item D85-0622977
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.kornferryfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T12)
Ruling yearIRS BMFJun 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chair/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President and Secretary
$0Pt VII · Sec A
See Korn Ferry Charitable Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $508K of program spending, described in the organization's own filed words · FY2024.
01

Scholarship Program

The foundation also provides scholarships based on non-discriminatory, objective criteria, such as financial need and high academic achievement, for children or legal wards of korn ferry's employees. The foundation may provide scholarships to the general public as well.

$487Kprogram expense
02

Leadership Accelerator Conference

The leadership accelerator conference is designed to support college and university students heading into their first internship or job. The program leverages korn ferry's leadership development intellectual property to aid students in career preparation by exploring their purpose, goals, and skills required to navigate their careers.

$16Kprogram expense
03

General Grant-Making

The foundation makes grants to organizations, mainly 501(c)(3) public charities, that align with the foundation's charitable purpose and in conformity with irs guidelines. Through its grant-making program, the foundation intends to support organizations that, among other things, help provide relief after a major disaster AND/OR to…

$5Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$980K · 98%
Investment income$25K · 2%
Contributions & grants98%$980K
Investment income2%$25K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$508K
Management & general3%$15K
Total functional expensesLn 25$523K

Balance Sheet

Part X · end of year
CashLn 1$789K
Total assetsLn 16$789K
Total liabilitiesLn 26$0
Total net assetsLn 32$789K
Months of cash on handcomputed18.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $789K · Operating expenses/yr $523K
18.1 months
Where the money goes
Program services
Program services $508K · Total expenses $523K
97%
Management & General
Management & general $15K · Total expenses $523K
3%
Fundraising
Fundraising $0 · Total expenses $523K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $350K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $980K · Total revenue $1.0M
98%
Government reliance
Government grants — · Total revenue $1.0M
Earned-income share
Program service revenue $0 · Total revenue $1.0M
0%
Investment reliance
Investment income $25K · Total revenue $1.0M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $523K
0%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $22K
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2020 $57K · FY2024 $1.0M
+105%
Net-asset trend (YoY)
End of year $789K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $523K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $789K
Net-asset ratio
Net assets $789K · Total assets $789K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $789K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jonathan Kuai · Reported title CHAIR/DIRECTOR · Highest reported compensation $0 · Total expenses $523K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $523K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth ×45
Accounting fee ratio 1%

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.

Grants

Schedule I · received and paid
Grants received · FY2021
Pga Tour INCFY2021$25K
Total grants receivedfrom 2 funders$35K
Grants paid · 3 grants · $820K · 2022–2024
Unitemized GrantFY2024$290,000
Unitemized GrantFY2023$310,000
Unitemized GrantFY2022$220,000

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$1.0M revenue · viewing · ⤓ 990 PDF
FY2024$22K revenue · ⤓ 990 PDF
FY2023$70K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$57K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

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

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.