Kelsey Family Foundation
- Assets
- $1.1m
- Revenue
- $59.7k
- Investments
- $1.0m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 95-4738164
Organization Overview
Kelsey Family Foundation is located in Los Angeles, CA. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Kelsey 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, Kelsey Family Foundation generated $59.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $95.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Kelsey Family Foundation has awarded 210 individual grants totaling $356,049. 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 |
|---|---|---|---|
Kathleen K Macker V.P. & Operating Director | 2 | $0 | |
Van R Kelsey III V.P. & Operating Director | 2 | $0 | |
Mark R Kelsey President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,724 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,296 |
| Capital Gain Net Income | $51,572 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,715 |
| Total Revenue | $59,735 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $106 |
| Taxes | $34 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,757 |
| Total operating and administrative expenses | $34,813 |
| Contributions, gifts, grants paid | $61,000 |
| Total expenses and disbursements | $95,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,670 |
| 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 | $562,995 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,056,537 |
| 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, Kelsey Family Foundation has awarded $61,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
CORPUS CHRISTI CHURCH PURPOSE: GENERAL FUND | $5,000 |
CATHOLIC BIG BROTHERS BIG SISTERS OF LOS ANGELES COUNTY PURPOSE: CHAMPIONS FOR YOUTH VIRTUAL EVENT | $5,000 |
Washington, DC PURPOSE: PROTECTING AND PRESERVING THE ENVIRONMENT | $5,000 |
Irvine, CA PURPOSE: TO PROVIDE FOOD FOR ORANGE COUNTY RESIDENTS IN NEED | $5,000 |
MIDLAND SCHOOL PURPOSE: ANNUAL SCHOLARSHIP FUND | $5,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mufg Union Bank Foundation Ag Phoenix, AZ | $2,989,069 | $8,302,055 |
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |
Marks Family Foundation Redwood City, CA | $49,983,289 | $16,693,138 |
Herbalife Nutrtion Foundation Los Angeles, CA | $22,239,401 | $8,092,128 |
Kla-Tencor Foundation Milpitas, CA | $26,702,881 | $5,233,772 |
Walter J & Betty C Zable Foundation San Diego, CA | $89,922,595 | $8,940,204 |
In-N-Out Burgers Foundation Irvine, CA | $42,997,314 | $8,211,700 |
Smidt Fam Foundation Newbury Park, CA | $69,750,078 | $4,896,207 |
The Caesars Foundation Las Vegas, NV | $826,760 | $3,036,101 |
Harman Family Foundation Los Angeles, CA | $38,396,572 | $3,606,150 |
Kabcenell Family Foundation Portola Valley, CA | $22,759,228 | $4,877,522 |