M & J Kennelly Foundation
- Assets
- $243.1k
- Revenue
- $10.4k
- Investments
- $241.6k
- Employees
- 0
- Location
- Burr Ridge, IL
- Founding
- 05/1981
- Data as of
- 06/2024
- EIN
- 36-3115927
Organization Overview
M & J Kennelly Foundation is located in Burr Ridge, IL. The organization was established in 1981. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. M & J Kennelly 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 06/2024, M & J Kennelly Foundation generated $10.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $13.7k during the year ending 06/2024. While expenses have increased by 4.6% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES UNRESTRICTED DONATIONS TO VARIOUS CHARITABLE INSTITUTIONS. FOR THOSE INSTITUTIONS TO WHICH DONATIONS WERE MADE IN THE CURRENT YEAR, SEE PART XV BELOW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Schindler Treasurer | 1 | $0 | |
Leah Laurie Director | 1 | $0 | |
Ralph J Schindler Jr President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,098 |
| Dividends & Interest | $8,458 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $837 |
| Capital Gain Net Income | $837 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,393 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $160 |
| Contributions, gifts, grants paid | $13,500 |
| Total expenses and disbursements | $13,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,480 |
| Savings and temporary cash investments | $0 |
| 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 | $1,695 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $243,077 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, M & J Kennelly Foundation has awarded $13,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MISERICORDIA PURPOSE: UNRESTRICTED | $3,000 |
WTTW-CHANEL 11 PURPOSE: UNRESTRICTED | $1,000 |
CHRIST THE KING JESUIT COLLEGE PURPOSE: UNRESTRICTED | $1,000 |
LEO CATHOLIC HIGH SCHOOL PURPOSE: UNRESTRICTED | $1,500 |
SALVATION ARMY PURPOSE: UNRESTRICTED | $2,000 |
MERCY HOME PURPOSE: UNRESTRICTED | $1,000 |