Kelly Family Foundation
- Assets
- $26.1m
- Revenue
- $1.6m
- Investments
- $24.6m
- Employees
- 0
- Location
- Olathe, KS
- Founding
- 11/2010
- Data as of
- 12/2023
- EIN
- 27-6825262
Organization Overview
Kelly Family Foundation is located in Olathe, KS. The organization was established in 2010. 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. Kelly 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 12/2023, Kelly Family Foundation generated $1.6m 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 (4.7%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Kelly Family Foundation has awarded 667 individual grants totaling $24,135,996. 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 |
|---|---|---|---|
Bonnie C Kelly Trustee | 1 | $0 | |
Gerald A Kelly Jr Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $656,575 |
| Interest on Savings | $94,343 |
| Dividends & Interest | $756,716 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $102,921 |
| Capital Gain Net Income | $102,921 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,610,555 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,454 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $109,175 |
| Total operating and administrative expenses | $119,883 |
| Contributions, gifts, grants paid | $2,966,337 |
| Total expenses and disbursements | $3,086,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,434,397 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,059,452 |
| 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, Kelly Family Foundation has awarded $2,966,337 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
AFIA HOLDING COMPANY PURPOSE: TO SUPPORT THE ACADEMY FOR THE INTEGRATED ARTS, A MISSOURI PUBLIC CHARTER SCHOOL. | $140,000 |
BARRIER ISLAND FREE MEDICAL CLINIC PURPOSE: DONATION TO PROVIDE MEDICAL SUPPORT TO THOSE IN NEED. | $27,000 |
THE BEMENT SCHOOL PURPOSE: TO HELP STUDENT PROGRAMS AND FURTHER STUDENT SUCCESS. | $5,000 |
BENEDICTINE COLLEGE PURPOSE: TO HELP SUPPORT COLLEGE EDUCATION. | $50,000 |
BENEDICTINE SIS OF PERPETUAL ADORAT PURPOSE: TO SUPPORT THE MINISTRY OF CHARITY, COMMUNITY LIFE, AND OFFERING A SPACE FOR SILENCE, PRAYER, AND SPIRITUAL HOSPITALITY IN A SHARED ENVIRONMENT OF MONASTIC PEACE. | $20,000 |
BRAVO VAIL PURPOSE: TO ENRICH PEOPLE'S LIVES BY FOSTERING MUSIC EDUCATION AND PROMOTING AN APPRECIATION OF THE ARTS. | $5,000 |