Kayne Anderson Capital Advisors Foundation

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OVERVIEW: The Kayne Anderson Capital Advisors Foundation supports education, human services, health, homelessness and youth in Los Angeles and other places where company employees work.

IP TAKE: Matching grants for employee donations are a large part Kayne Anderson’s giving strategy, with many small grants going to groups in Southern California. Network with an employee to get on its radar.

PROFILE: Established in 2011, the Kayne Anderson Capital Advisors Foundation (KACAF) is a corporate foundation based in Los Angeles, California. It is the philanthropic entity of Kayne Anderson Capital Advisors, which focuses on investment in real estate, private equity, credit and infrastructure. The firm is the creation of Richard Kayne and John Anderson – both of Los Angeles. KACAF’s mission is “to build a movement of corporate giving and engagement that creates positive, sustainable change in local communities.” This funder takes a three-pronged approach to its philanthropy.

  • The corporation’s employee matching program matches employee donations dollar-for-dollar up to $5,000 per employee.

  • KACAF provides direct support through its grantmaking program “to organizations that offer education, mentorship, and job-force training” in areas where Kayne Anderson maintains operations.

  • Kayne Anderson provides up to three days of “of paid time off to volunteer at organizations our employees are passionate about.” It also “with non-profit organizations to provide group volunteer opportunities across the United States.”

This foundation maintains a simple webpage on the larger Kayne Anderson site, limiting information about its grantmaking goals and strategies. Grantmaking focuses on organizations in Boca Raton, Chicago, Los Angeles, New York, and Houston, where the foundation’s parent company maintains operations.

Grants for Education and Youth

A significant portion of KACAF’s grants support education and youth development initiatives. While the foundation does not name specific priorities, higher education appears to be a main area of focus, with grants going to UCLA, Texas Tech, Pomona College and the University of Florida.

Grantees working in K-12 education and with younger children and teens include Worcester Academy, the Boys and Girls Clubs of Chicago, the Children’s Advocacy Center for the Pike’s Peak Region, Grandview Preparatory School in Boca Raton and Vocel, which works to “strengthen early learning” broadly in Chicago.

Grants for Veterans, Mental Health, Housing, Work and Opportunity

This funder has supported several organizations working in mental health and case management for veterans and other vulnerable people. Helping people who face barriers to employment develop sustainable careers appears to be an area of interest. In New York, the foundation has made grants to the Headstrong Project, which provides mental health services to veterans and active service members suffering from PTSD. Another grantee, the Virginia-based Entryway, helps homeless and vulnerable people develop economic independence and stability. Other grantees working in these areas include Grantees in these overlapping areas include Chrysalis, Sonrise Harbor and Alexandria House, all of Los Angeles.

Grants for Public Health and Food Systems

Health and hunger are smaller areas of giving for this foundation, but a few grants go in these directions each year. The foundation has given to Meals on Wheels America, the Alzheimer’s Association of the Great Plains, the Chicago Abortion Fund and the Movember Foundation, which works in the area of men’s health and mortality.

Important Grant Details:

Grants and donations range from $10 to about $36,000.

  • This funder’s giving is national in scope but clusters around the locations where its parent company maintains operations: Boca Raton, Chicago, Los Angeles, New York, and Houston.

  • This foundation tends to support small and medium-sized organizations.

  • In addition to grantmaking, this funder matches its employees’ donations, which may account for the dozens of very small donations it makes each year.

  • This funder does not accept applications for funding.

  • For additional information about past giving, see the foundation’s tax records.

Direct general questions to the staff at foundation@kaynecapital.com or 310-282-7935.

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