Anna Maria And Stephen Kellen Foundation Inc
- Assets
- $1.3b
- Revenue
- $57.4m
- Investments
- $1.1b
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1983
- Data as of
- 04/2022
- EIN
- 13-3173593
Organization Overview
Anna Maria And Stephen Kellen Foundation Inc is located in New York, NY. The organization was established in 1983. 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. Anna Maria And Stephen 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 04/2022, Anna Maria And Stephen Kellen Foundation Inc generated $57.4m 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 (26.9%) each year. All expenses for the organization totaled $78.9m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Anna Maria And Stephen Kellen Foundation Inc has awarded 1,490 individual grants totaling $458,474,027. 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 |
|---|---|---|---|
Michael M Kellen President | 20 | $0 | |
Marina K French Vice-President | 20 | $16,000 | |
Andrew Gundlach Secretary/treasurer | 5 | $0 | |
Annabelle Garrett Director | 5 | $16,000 | |
Caroline L Kellen Director | 5 | $16,000 | |
Christopher N Kellen Director | 10 | $16,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Paul Hastings Llp | 4/29/23 | $190,000 |
Joel E Sammet & Co Llp | 4/29/23 | $87,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,339,294 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,434,771 |
| Capital Gain Net Income | $18,469,628 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,587,546 |
| Total Revenue | $57,361,611 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $64,000 |
| Other employee salaries and wages | $177,151 |
| Pension plans, employee benefits | $138,831 |
| Interest | $0 |
| Taxes | $2,860,124 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,288,635 |
| Total operating and administrative expenses | $9,037,466 |
| Contributions, gifts, grants paid | $69,900,597 |
| Total expenses and disbursements | $78,938,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $168,023,757 |
| 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 | $742,168,076 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $39,050,650 |
| Total assets | $1,287,407,560 |
| 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, Anna Maria And Stephen Kellen Foundation Inc has awarded $76,293,784 in support to 205 organizations.
| Grant Recipient | Amount |
|---|---|
ACKERMAN INSTITUTE FOR THE FAMILY PURPOSE: GENERAL TAX EXEMPT PURPOSES | $25,000 |
ACT OF CONNECTICUT INC PURPOSE: GENERAL TAX EXEMPT PURPOSES | $250,000 |
AFAR - AMERICAN FEDERATION FOR AGING RESEARCH PURPOSE: GENERAL TAX EXEMPT PURPOSES | $75,000 |
AMERICAN ACADEMY IN BERLIN PURPOSE: GENERAL TAX EXEMPT PURPOSES | $1,954,984 |
AMERICAN AUSTRIAN FOUNDATION PURPOSE: GENERAL TAX EXEMPT PURPOSES | $20,000 |
AMERICAN COUNCIL ON GERMANY PURPOSE: GENERAL TAX EXEMPT PURPOSES | $115,000 |