Edward & Kathleen Kelly Family Foundation
- Assets
- $460.5k
- Revenue
- $50.0k
- Investments
- $445.8k
- Employees
- 0
- Location
- Devon, PA
- Founding
- 11/1999
- Data as of
- 12/2021
- EIN
- 25-6638459
Organization Overview
Edward & Kathleen Kelly Family Foundation is located in Devon, PA. The organization was established in 1999. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Edward & Kathleen Kelly 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, Edward & Kathleen Kelly Family Foundation generated $50.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $40.6k during the year ending 12/2021. While expenses have increased by 3.5% 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.
Since 2016, Edward & Kathleen Kelly Family Foundation has awarded 75 individual grants totaling $183,000. 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 |
|---|---|---|---|
Edward Kelly Director | 0 | $0 | |
Kathleen Kelly Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $303 |
| Interest on Savings | $1 |
| Dividends & Interest | $11,816 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,908 |
| Capital Gain Net Income | $19,621 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $303 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,252 |
| Total operating and administrative expenses | $12,555 |
| Contributions, gifts, grants paid | $28,000 |
| Total expenses and disbursements | $40,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,725 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $460,488 |
| 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, Edward & Kathleen Kelly Family Foundation has awarded $28,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Chester, PA PURPOSE: CHARITABLE PURPOSES | $5,750 |
UNITED WAY OF PALM BEACH COUNTY PURPOSE: CHARITABLE PURPOSES | $5,000 |
LUSTGARTEN FOUNDATION PURPOSE: CHARITABLE PURPOSES | $3,500 |
PARKINSON'S DISEASE FOUNDATION PURPOSE: CHARITABLE PURPOSES | $2,750 |
DOBBS FERRY SCHOOL FOUNDATION PURPOSE: CHARITABLE PURPOSES | $2,000 |
PETER'S PLACE PURPOSE: CHARITABLE PURPOSES | $1,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Legacy Ministries International Miamisburg, OH | $19,772,122 | $9,496,870 |
Hampton Classic Horse Show Inc Bridgehampton, NY | $1,702,497 | $4,948,481 |
Peggy Mcgrath Rockefeller Foundation New York, NY | $16,278,993 | $1,905,197 |
Rosenkranz Foundation Inc New York, NY | $20,933,111 | $6,809,267 |
Llewellyn Family Foundation New York, NY | $59,134,047 | $5,278,479 |
Multiplying Good Inc New York, NY | $3,981,550 | $5,192,295 |
Otzar Hachesed Foundation Trust Lawrence, NY | $1,994 | $3,213,357 |
Resource Generation New York, NY | $3,097,699 | $3,226,740 |
Ahrc New York City Foundation Inc New York, NY | $37,872,404 | $3,668,368 |