Keane Fam Foundation 092493
- Assets
- $34.8m
- Revenue
- $18.2m
- Investments
- $25.9m
- Employees
- 0
- Location
- Needham, MA
- Founding
- 03/1994
- Data as of
- 12/2022
- EIN
- 04-6743248
Organization Overview
Keane Fam Foundation 092493 is located in Needham, MA. 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. Keane Fam Foundation 092493 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 12/2022, Keane Fam Foundation 092493 generated $18.2m in total revenue. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 11.1% per year over the past 4 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.
Since 2020, Keane Fam Foundation 092493 has awarded 51 individual grants totaling $3,302,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoire K Lang Trustee | 1 | $0 | |
Brian T Keane Trustee | 1 | $0 | |
John F Keane Jr Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,472,326 |
| Interest on Savings | $85,585 |
| Dividends & Interest | $490,771 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,348 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,189,416 |
| Total Revenue | $18,228,750 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,119 |
| Total operating and administrative expenses | $139,483 |
| Contributions, gifts, grants paid | $1,202,000 |
| Total expenses and disbursements | $1,341,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,896,520 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,099,808 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $34,771,631 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Keane Fam Foundation 092493 has awarded $1,202,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON CHILDREN'S HOSPITAL PURPOSE: CHARITABLE CONTRIBUTION UNRESTRICTED | $50,000 |
BOYS & GIRLS CLUB OF BOSTON PURPOSE: CHARITABLE CONTRIBUTION UNRESTRICTED | $20,000 |
PRESIDENTS AND FELLOWS OF HARVARD COLLEGE PURPOSE: CHARITABLE CONTRIBUTION UNRESTRICTED | $300,000 |
PRESIDENTS AND FELLOWS OF HARVARD COLLEGE PURPOSE: CHARITABLE CONTRIBUTION UNRESTRICTED | $45,000 |
NEWTON WELLESLEY HOSPITAL PURPOSE: CHARITABLE CONTRIBUTION UNRESTRICTED | $30,000 |
SKI & SNOWBOARD CLUB VAIL PURPOSE: CHARITABLE CONTRIBUTION UNRESTRICTED | $155,000 |