KIPP Foundation

The KIPP (Knowledge is Power Program) Foundation is a grantmaking organization that provides funds to sister KIPP organizations including KIPP-affiliated charter schools throughout the country. 1 It was founded in 2000 by Gap Inc. co-founders Doris and Donald Fisher and KIPP founders Dave Levin and Mark Feinberg. Feinberg and Levin created the KIPP Academy Houston charter school in 1994, and Levin founded the KIPP Academy New York, with the KIPP Foundation being created afterwords. 2 As of 2025, the KIPP Public Schools network consists of 278 schools, almost 16,500 teachers, and 190,000 students and alumni. 3

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At-A-Glance

Type: Non-profit, 501(c)(3)
Issue Areas: Education Policy
Website: kipp.org
Formation:

2000

Executive Director:

Shavar Jeffries

Location: San Francisco, CA View on map
Tax ID: 94-3362724
Most Recent Filing: 2024
Budget (2024): Assets: $140,977,184 Revenue: $111,413,893 Expenses: $89,830,189

Contents

    Financials

    In 2022, KIPP Foundation reported $78,346,517 in revenues and $104,630,766 in expenses with $116,066,149 in total assets and 287 employees. 4

    Listed salaries on the the KIPP Foundation’s 2022 990 form include president Kinnari Patel-Smyth ($438,061); chief academy and talent systems officer Federico Gonzalez ($381,455) through November 1, 2022; and chief development officer Shelley Goode ($348,355) through January 1, 2023. 5

    In 2022, the KIPP Foundation reported receiving in$19,803,743 government grants, accounting for 25 percent of the organization’s total revenues. 6

    The KIPP Foundation, being a grantmaking organization, has also provided funds to sister KIPP organizations including KIPP-affiliated charter schools throughout the country. In 2022, the KIPP Foundation reported 31 grants to organizations, 30 of which were KIPP-branded affiliate regional organizations and KIPP charter schools. 1

    In 2023, the Penner Family Foundation gave a $5,000,000 grant to the KIPP Foundation. Carrie Walton Penner of the Walton family and granddaughter of Walmart founders Helen and Sam Walton, was director and president of the Penner Family Foundation and a board member of the KIPP Foundation. 7 7

    Background

    The KIPP Foundation is the largest charter-school management organization in the country, with over 270 schools. 8 The KIPP Public Schools network consists of 28 regional support organizations, 278 K-12 schools, and the KIPP Foundation nonprofit. Each KIPP Regional Organization is a separate nonprofit that manages the local KIPP public charter schools under it, with KIPP schools being tuition-free and open to all students through a lottery system. 3

    People

    Shavar Jeffries is the executive director of the KIPP Foundation as of 2025. 9

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $140,977,184 $111,413,893 $89,830,189 View
    2023 $116,066,149 $78,346,517 $104,630,766 View
    2022 $136,274,072 $130,699,963 $95,902,128 View
    2021 $101,389,797 $88,532,017 $79,544,779 View
    2020 $92,182,732 $98,671,859 $71,727,584 View

    Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 301

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Shavar JeffriesCEO AND BOARD MEMBER$762,489
    Kinnari Patel-SmythPRESIDENT$540,925
    Jonathan CowanCHIEF DATA & TECHNOLOGY OFFICER$353,597
    John AlfordCHIEF NETWORK GROWTH OFFICER$334,411
    Dave LevinSTRATEGIC ADVISOR & BOARD MEMBER$312,064
    Courtney BellCHIEF PEOPLE OFFICER$295,526
    Benny VasquezCHIEF EQUITY & DIVERSITY OFFICER$293,037
    Patricia CoadVP DEV/INTERIM SEC (PARTIAL YEAR)$290,532
    Anne LatarteCHIEF STRATEGY OFFICER$274,672
    Carolyn HackINTERIM CFO (PARTIAL YEAR)$274,064
    Neyha RajanINTERIM GC/INTERIM SEC(PARTIAL YEAR)$161,876
    Aisha ChristianCHIEF LEGAL OFF/SEC (PARTIAL YEAR)$115,184
    Leanne HernandezCFO (PARTIAL YEAR)$60,041

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $499,313,195
    • Number of Grants: 852
    • Number of Funders: 205

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $20,017,0002024 Vanguard CharitableFOR RECIPIENT'S EXEMPT PURPOSE
    $15,352,4462021 Donor Advised Charitable Giving, Inc.EDUCATION
    $10,849,2282023 Donor Advised Charitable Giving, Inc.EDUCATION
    $10,400,0002023 Walton Family Foundationto support the KIPP 2025 campaign.
    $10,000,0002025 The Peter and Carmen Lucia Buck Foundation IncGENERAL OPERATING SUPPORT
    $10,000,0002023 The Bloomberg Family Foundation IncTO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S.
    $10,000,0002022 The Bloomberg Family Foundation IncTO SUPPORT THE ADVANCEMENT AND GROWTH OF CHARTER SCHOOLS
    $10,000,0002021 Walton Family FoundationTo support priorities within the Opportunity Fund
    $7,873,5502020 Donor Advised Charitable Giving, Inc.Education
    $6,109,5002020 Walton Family FoundationSupport for the 2020 Strategic Plan
    $6,000,0002024 Valhalla FoundationSCALING HIGH QUALITY PUBLIC SCHOOLS
    $6,000,0002023 Valhalla FoundationSCALING HIGH QUALITY PUBLIC SCHOOLS
    $5,000,0002024 Penner Family Foundation IncCommunity Development – 2025 Campaign and Leadership Priorities
    $5,000,0002023 Penner Family Foundation IncCommunity Development – 2025 Campaign and Leadership Priorities
    $5,000,0002023 Karsh Family FoundationEDUCATION
    $4,012,8002022 Donor Advised Charitable Giving, Inc.EDUCATION
    $3,720,0002023 The Norman R Rales and Ruth Rales FoundationEDUCATIONAL SUPPORT
    $3,333,3332021 Crankstart FoundationKIPP THROUGH COLLEGE ALUMNI NETWORK
    $3,333,3332020 Crankstart FoundationKIPP THROUGH COLLEGE ALUMNI NETWORK
    $3,000,0002024 Gs Donor Advised Philanthropy Fund for Wealth Management IncEDUCATION
    $3,000,0002023 Gs Donor Advised Philanthropy Fund for Wealth Management IncEDUCATION
    $3,000,0002022 Valhalla FoundationSCALING HIGH QUALITY PUBLIC CHARTER SCHOOLS
    $3,000,0002021 Valhalla FoundationSCALING PUBLIC CHARTER SCHOOL NETWORK
    $3,000,0002020 Valhalla FoundationSCALING CHARTER SCHOOL NETWORK
    $2,967,1002021 Walton Family FoundationTo support Grantee's national expansion and 2020 strategic plan.

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $246,749,352
    • Number of Grants: 286
    • Number of Recipients: 50

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $10,784,7922022 KIPP, Inc.NEW SCHOOL START-UP; COVID-19 EMERGENCY; GPA & ADVANCE PLACEMENT; POSTSECONDARY TRANSFER & REENROLLMENT, CAREER, MATCH, AND NUDGE; ANNIVERSARY SCHOLARSHIP; DIRECTOR OF LEADERSHIP DEVELOPMENT
    $6,891,9412021 KIPP, Inc.SCHOOL START-UP, COVID-19 ASSISTANCE, REGIONAL INTEGRATION SUPPORT, POSTSECONDARY MATCH, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, MARKETING
    $6,807,5272023 KIPP New York, IncSCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE PERSISTENCE, POSTSECONDARY MATCH, CAREER INTEGRATION, POSTSECONDARY COUNSELING COLLABORATIVE, MARKETING
    $4,732,7572023 KIPP SoCal Public SchoolsCOVID-19 ASSISTANCE, SCHOOL START-UP, MARKETING, PRINCIPAL PIPELINE & DEVELOPMENT,
    $4,579,1712023 Kipp Hoiuston Public SchoolsSCHOOL START-UP, COVID-19 ASSISTANCE, REGIONAL INTEGRATION SUPPORT, POSTSECONDARY MATCH, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, MARKETING
    $4,539,4892024 KIPP SoCal Public SchoolsACADEMIC ONE KIPP INITIATIVES, ADVOCACY AND COMMUNITY OUTREACH, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP
    $3,829,8492020 Kipp Texas IncSchool start-up, regional merger, principal pipeline & development, high school development, computer science, kipp through college, stem, covid-19 emergency relief
    $3,618,7732024 Kipp Nyc Public Charter SchoolsACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY COLLABORATIVE, POSTSECONDARY CAREER INTEGRATION, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP
    $3,411,6962022 KIPP New York, IncDIRECTOR OF LEADERSHIP DEVELOPMENT; SUCCESSOR LEADERSHIP DEVELOPMENT; NEW SCHOOL START-UP; COVID-19 EMERGENCY; MENTAL-HEALTH & HEALING; POSTSECONDARY TRANSFER & REENROLLMENT, CAREER, COUNSELING, AND MATCH; ANNIVERSARY SCHOLARSHIP
    $3,239,7202024 KIPP Public Schools Northern CaliforniaACADEMIC ONE KIPP INITIATIVES, PRINCIPAL PIPELINE & DEVELOPMENT, EXECUTIVE DIRECTOR SUPPORT, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY NUDGE PROGRAM
    $3,191,9702023 KIPP Academy NashvilleSCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE MATCH, GPA ACADEMIC HEALTH, K-12 ACADEMICS-COMPUTER SCIENCE, DATA INFRASTRUCTURE, K-12 ACADEMICS- EARLY LITERACY
    $3,032,1962024 KIPP, Inc.ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY CAREER PATHWAYS, STUDENT RECRUITMENT SUPPORT, EXECUTIVE DIRECTOR SUPPORT, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY GPA DATA INFRASTRUCTURE MANAGEMENT, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP
    $2,939,1972021 KIPP New York, IncSCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE PERSISTENCE, POSTSECONDARY MATCH, CAREER INTEGRATION, POSTSECONDARY COUNSELING COLLABORATIVE, MARKETING
    $2,390,1532022 KIPP Miami Inc.FOUNDING SCHOOL LEADER DEVELOPMENT; NEW SCHOOL START-UP; MENTAL-HEALTH & HEALING ASSISTANCE
    $2,350,4352023 KIPP BALTIMORE INCCOVID-19 ASSISTANCE, POSTSECONDARY, K-12 ACADEMICS-EARLY LITERACY
    $2,313,0362022 KIPP SoCal Public SchoolsNEW SCHOOL START-UP; POSTSECONDARY MATCH; FUNDRAISING
    $2,269,3062023 Team Academy Charter School IncSCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE PERSISTENCE, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, PRINCIPAL PIPELINE & DEVELOPMENT
    $2,257,2932020 KIPP New Jersey a NJ Nonprofit CorporationSchool start-up, principal pipeline & development, kipp through college, stem, covid-19 emergency relief
    $2,155,3402021 Kipp New Orleans IncSCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE MATCH, GPA ACADEMIC HEALTH, K-12 ACADEMICS-COMPUTER SCIENCE, K-12 ACADEMICS- EARLY LITERACY, MARKETING, PRINCIPAL PIPELINE & DEVELOPMENT
    $2,136,3642021 KIPP SoCal Public SchoolsCOVID-19 ASSISTANCE, SCHOOL START-UP, MARKETING, PRINCIPAL PIPELINE & DEVELOPMENT
    $2,095,2712023 Kipp Jacksonville IncSCHOOL START-UP, COVID-19 ASSISTANCE, MARKETING, SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT
    $2,028,7812022 Kipp DC Public Charter SchoolsCOVID-19 EMERGENCY FUNDING; MENTAL-HEALTH & HEALING ASSISTANCE; POSTSECONDARY NUDGE, MATCH, CAREER, AND TRANSFER & RE-ENROLLMENT WORK; DIRECT OF LEADERSHIP DEVELOPMENT; NEW SCHOOL START-UP
    $1,903,7552020 KIPP New York, IncSchool start-up, principal pipeline & development, kipp through college, postsecondary counseling collaborative, stem, covid-19 emergency relief
    $1,892,6962024 Kipp DC Public Charter SchoolsACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY CAREER PATHWAYS SUPPORT, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP
    $1,855,1942021 Kipp Metro AtlantaCOVID-19 ASSISTANCE, SCHOOL START-UP, K-12 ACADEMICS-EARLY LITERACY, MARKETING, PRINCIPAL PIPELINE & DEVELOPMENT

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    Financials, employee compensation, and grant information provided by Candid.

    Mentioned in this Article

    References

    1. Return of Organization Exempt from Income Tax (Form 990). KIPP Foundation. 2022. Part 13, Schedule I, Part 2.
    2. “KIPP Overview.” KIPP. Accessed March 18, 2025. http://www.kipp.org/wp-content/uploads/2016/09/KIPPOverviewPressKit.pdf.
    3.  “The KIPP Public Schools Network.” KIPP Public Charter Schools, January 31, 2025. https://www.kipp.org/about/network/.
    4. “KIPP Foundation.” ProPublica, May 9, 2013. https://projects.propublica.org/nonprofits/organizations/943362724.
    5. Return of Organization Exempt from Income Tax (Form 990). KIPP Foundation. 2022. Part 7, Section A, lines 18, 22, 23.
    6. Return of Organization Exempt from Income Tax (Form 990). KIPP Foundation. 2022. Part 8, line E.
    7. “Penner Family Foundation.” Grantmakers. Accessed March 18, 2025. https://www.grantmakers.io/profiles/v0/810831228-penner-family-foundation/.
    8. Mathews, Jay. “Why Nation’s Biggest Charter Network Dumped Its Slogan, ‘Work Hard. Be Nice.’” Washington Post, July 7, 2020. https://www.washingtonpost.com/local/education/why-nations-biggest-charter-network-dumped-its-slogan-work-hard-be-nice/2020/07/07/e7896c0a-bf9e-11ea-b4f6-cb39cd8940fb_story.html.
    9. “Foundation Team.” KIPP Public Charter Schools, January 31, 2025. https://www.kipp.org/about/foundation/.