Kennedy Foundation
- Assets
- $37.0m
- Revenue
- $1.1m
- Investments
- $35.9m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/1996
- Data as of
- 12/2023
- EIN
- 33-0719806
Organization Overview
Kennedy Foundation is located in Wilmington, DE. The organization was established in 1996. 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. Kennedy 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 12/2023, Kennedy Foundation generated $1.1m in total revenue. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 153.1% per year over the past 8 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 2023, Kennedy Foundation has awarded 24 individual grants totaling $923,840. 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 |
|---|---|---|---|
Amy Healey Dir | 1 | $0 | |
Parker Kennedy Cfo, Dir | 1 | $0 | |
Elizabeth Kennedy Myers Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/23 | $164,030 |
First American Bank | 12/30/23 | $133,368 |
Ensemble Capital Management Llc | 12/30/23 | $62,920 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $70,534 |
| Dividends & Interest | $1,093,709 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$92,529 |
| Capital Gain Net Income | $303,223 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,071,714 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $164,887 |
| Total operating and administrative expenses | $422,044 |
| Contributions, gifts, grants paid | $923,840 |
| Total expenses and disbursements | $1,345,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,096,189 |
| 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 | $37,033,892 |
| 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, Kennedy Foundation has awarded $923,840 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HOSPITAL OF LOS ANGELES PURPOSE: FETAL AND NEONATAL INSTITUTE FUND | $25,000 |
CHILDREN'S HOSPITAL OF LOS ANGELES PURPOSE: CANCER AND BLOOD DISEASES (CBDI) | $25,000 |
CRYSTAL COVE CONSERVANCY PURPOSE: NORTH BEACH COTTAGE RESTORATION FUND | $50,000 |
CRYSTAL COVE CONSERVANCY PURPOSE: GENERAL & UNRESTRICTED | $35,000 |
DANCE DOWNTOWN LA INC PURPOSE: GENERAL & UNRESTRICTED | $33,500 |
FRIENDS OF NEW YORK CITY NURSE FAMILY PARTNERSHIP PURPOSE: GENERAL & UNRESTRICTED | $10,000 |