The information for Denise And Michael Kellen Foundation Inc is as of the organization's most recent filing in December 2019. This organization is located in New York, NY. It has been in existence for 4 years, following its founding in 2015.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Denise and Michael Kellen Foundation's NTEE code is T20. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking. Every organization is also governed by a specific section of the Internal Revenue Code. The Denise and Michael Kellen Foundation is a 501(c)(3) organization, which is described by the IRS as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Our dataset has four years of grant history for the Denise And Michael Kellen Foundation Inc. In that time period, they have awarded 22 grants, with an average check size of $385,364. Nine grants were awarded in the Education sector, two in the Voluntary Health Associations & Medical Disciplines sector, and one in the Human Services sector. Additionally, the organization most frequently awards grants in the state of Connecticut (10), Massachusetts (3), New York (6), and the District of Columbia (2). Pennsylvania has received one grant from the organization.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Denise T Kellen Vice-President | 0.1 | $0 | |
Caroline Kellen Director | 0.1 | $0 | |
Christopher Kellen Director | 0.1 | $0 | |
Michael M Kellen President/treasurer | 0.1 | $0 | |
Nina M Gorrissen Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $25 |
Dividends & Interest | $602,511 |
Profit on Inventory Sales | $0 |
Other Income | $113 |
Total Revenue | $1,319,601 |
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 | $881,983 |
Contributions, gifts, grants paid | $3,452,000 |
Total expenses and disbursements | $4,333,983 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $47,794 |
Investments—mortgage loans | $0 |
Investments—other | $44,103,574 |
Other assets | $12,993,500 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, Denise And Michael Kellen Foundation Inc has awarded $4,227,500 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
Wellsley, MA PURPOSE: GENERAL FUND | $2,000,000 |
WEILL MEDICAL COLLEGE PURPOSE: GENERAL FUND | $1,000,000 |
New York, NY PURPOSE: GENERAL FUND | $700,000 |
Ridgefield, CT PURPOSE: GENERAL FUND | $250,000 |
New York, NY PURPOSE: GENERAL FUND | $127,500 |
EAST HILL SYNAGOGUE CHESED FUND PURPOSE: GENERAL FUND | $100,000 |
Over the last fiscal year, we have identified 1 grants that Denise And Michael Kellen Foundation Inc has recieved totaling $11,153,418.
Awarding Organization | Amount |
---|---|
Anna Maria And Stephen Kellen Foundation Inc New York, NY PURPOSE: GENERAL TAX EXEMPT PURPOSES | $11,153,418 |
Organization Name | Assets | Revenue |
---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |