Kessler Family Foundation

Organization Overview

Kessler Family Foundation is located in Palm Beach, FL. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kessler Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Kessler Family Foundation generated $10.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Howard J Kessler
Trustee
$0
Patricia M Kessler
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $6,019,948
Interest on Savings $1,444
Dividends & Interest $1,133,341
Net Rental Income$0
Net Gain on Sale of Assets $3,513,058
Capital Gain Net Income $3,513,058
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $11,780
Total Revenue $10,679,571

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