Denise And Michael Kellen Foundation Inc is located in New York, NY. The organization was established in 2015. 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. Denise And Michael Kellen 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, Denise And Michael Kellen Foundation Inc generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (35.9%) each year. All expenses for the organization totaled $4.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Denise And Michael Kellen Foundation Inc has awarded 51 individual grants totaling $21,482,000. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael M Kellen President/treasurer | 0.1 | $0 | |
Denise T Kellen Vice-President | 0.1 | $0 | |
Caroline Kellen Director | 0.1 | $0 | |
Christopher Kellen Director | 0.1 | $0 | |
Tracy Tucker-Knox Director | 0.1 | $0 | |
Maria Szabo-Goessler Secretary | 0.1 | $26,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $3 |
Dividends & Interest | $540,631 |
Profit on Inventory Sales | $0 |
Other Income | $225,339 |
Total Revenue | $2,579,968 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Pension plans, employee benefits | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $153,557 |
Contributions, gifts, grants paid | $4,227,500 |
Total expenses and disbursements | $4,381,057 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $29,426 |
Investments—mortgage loans | $0 |
Investments—other | $40,223,901 |
Other assets | $11,743,500 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, Denise And Michael Kellen Foundation Inc has awarded $5,324,500 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
ACT OF CONNECTICUT PURPOSE: GENERAL FUND | $250,000 |
CHAPEL & YORK FOUNDATION PURPOSE: GENERAL FUND | $127,500 |
ROCKEFELLER UNIVERSITY PURPOSE: GENERAL FUND | $100,000 |
VASSAR BROTHERS HOSPITAL PURPOSE: GENERAL FUND | $500,000 |
MELANOMA RESEARCH ALLIANCE FOUNDATION PURPOSE: GENERAL FUND | $350,000 |
WEILL MEDICAL COLLEGE PURPOSE: GENERAL FUND | $100,000 |