J C Kennedy Foundation Inc
- Assets
- $50.5m
- Revenue
- $5.7m
- Investments
- $49.3m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 20-0424251
Organization Overview
J C Kennedy Foundation Inc is located in Atlanta, GA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. J C Kennedy Foundation Inc 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, J C Kennedy Foundation Inc generated $5.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.0% each year . All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 21.7% 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 2019, J C Kennedy Foundation Inc has awarded 185 individual grants totaling $6,018,659. 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 |
|---|---|---|---|
James C Kennedy Jr Secretary/treasurer/trustee | 0.4 | $0 | |
Barbara K Harty Vice President/trustee | 0.4 | $0 | |
Nancy K Rigby Assistant Secretary | 5 | $0 | |
Clay K Kennedy Trustee | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,660,787 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,947,166 |
| Capital Gain Net Income | $3,947,166 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63,243 |
| Total Revenue | $5,671,196 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $38,576 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,005 |
| Total operating and administrative expenses | $347,541 |
| Contributions, gifts, grants paid | $2,461,400 |
| Total expenses and disbursements | $2,808,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,150,368 |
| 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 | $2,996,022 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $50,453,497 |
| 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, J C Kennedy Foundation Inc has awarded $2,461,400 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: SUPPORT FOR THE WINSHIP PATIENT ASSISTANCE PROGRAM | $310,000 |
Atlanta, GA PURPOSE: SUPPORT FOR THE DIVISION OF INFECTIOUS DISEASE | $250,000 |
Portland, OR PURPOSE: PROGRAM SUPPORT | $200,000 |
ALL SAINTS' EPISCOPAL CHURCH PURPOSE: ANNUAL FUND SUPPORT | $150,000 |
Memphis, TN PURPOSE: SUPPORT FOR DUCKS UNLIMITED DE MEXICO | $100,000 |
Bozeman, MT PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |
University Of Central Florida Research Foundation Inc Orlando, FL | $26,737,307 | $16,545,937 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Wonderful Life Foundation West Palm Beach, FL | $22,652,179 | $19,424,572 |
Thompson-Hartford Foundation Inc Tampa, FL | $0 | $6,094,384 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Harrell Family Charities Inc Lakeland, FL | $0 | $11,320,223 |