Keen Charitable Foundation
- Assets
- $5.9m
- Revenue
- $258.4k
- Investments
- $5.8m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/2014
- Data as of
- 12/2023
- EIN
- 04-3493687
Organization Overview
Keen Charitable Foundation is located in Boston, MA. The organization was established in 2014. 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. Keen Charitable 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, Keen Charitable Foundation generated $258.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $845.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Keen Charitable Foundation has awarded 122 individual grants totaling $6,427,075. 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 |
|---|---|---|---|
Daniel A Taylor Trustee | 0.5 | $0 | |
Robert L Green Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Winchester Tax Associates | 12/30/23 | $0 |
Books Time Inc | 12/30/23 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,000 |
| Dividends & Interest | $221,080 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,271 |
| Capital Gain Net Income | $6,271 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $258,351 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $588,490 |
| Contributions, gifts, grants paid | $257,000 |
| Total expenses and disbursements | $845,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,728 |
| 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 | $5,750,521 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,918,135 |
| Accounts payable and accrued expenses | $50,000 |
| 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 | $50,000 |
Grants Awarded
Over the last fiscal year, Keen Charitable Foundation has awarded $257,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS & BUSINESS COUNCIL OF GREATER BOSTON PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATIONS EXEMPT PURPOSES | $35,000 |
CHAPA PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATIONS EXEMPT PURPOSES | $52,000 |
COMMUNITY ECONOMIC DEVELOPMENT ASSITANCE CORPORATION PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATIONS EXEMPT PURPOSES | $60,000 |
TRUST FOR PUBLIC LAND PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATIONS EXEMPT PURPOSES | $35,000 |
ISLAND HOUSING TRUST PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATIONS EXEMPT PURPOSES | $50,000 |
THE DIMOCK CENTER PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATIONS EXEMPT PURPOSES | $25,000 |