J C Kellogg Foundation
- Assets
- $89.4m
- Revenue
- $4.7m
- Investments
- $87.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1957
- Data as of
- 08/2023
- EIN
- 13-6092448
Organization Overview
J C Kellogg Foundation is located in New York, NY. The organization was established in 1957. 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. J C Kellogg 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 08/2023, J C Kellogg Foundation generated $4.7m 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 (18.6%) each year. All expenses for the organization totaled $7.5m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, J C Kellogg Foundation has awarded 16 individual grants totaling $36,807,833. 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 |
|---|---|---|---|
Peter R Kellogg Vice President | 0 | $0 | |
Morris W Kellogg Trustee | 0 | $0 | |
Richard I Kellogg Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Charles Schwab | 8/30/23 | $0 |
Charles Schwab | 8/30/23 | $161,398 |
Merrion Securities Llc | 8/30/23 | $161,109 |
Merrion Securities Llc | 8/30/23 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,199,245 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,017,351 |
| Capital Gain Net Income | $1,017,351 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $456,038 |
| Total Revenue | $4,672,634 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $123,170 |
| Depreciation | $197,271 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,931 |
| Total operating and administrative expenses | $648,879 |
| Contributions, gifts, grants paid | $6,858,311 |
| Total expenses and disbursements | $7,507,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $769,881 |
| Savings and temporary cash investments | $951,222 |
| 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 | $2,796,080 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $34,317 |
| Total assets | $89,441,272 |
| 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 | $463,215 |
| Total liabilities | $463,215 |
Grants Awarded
Over the last fiscal year, J C Kellogg Foundation has awarded $6,858,311 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION OF NEW JERSEY PURPOSE: DONOR ADVISED FUND | $4,758,311 |
COMMUNITY FOUNDATION OF NEW JERSEY PURPOSE: TO HELP ORGANIZATION IN ITS 501(C)3 FUNCTION | $2,100,000 |