Lora L & Martin N Kelley Family Foundation Trust
- Assets
- $18.5m
- Revenue
- $205.2k
- Investments
- $17.1m
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 06/1991
- Data as of
- 12/2023
- EIN
- 47-6174269
Organization Overview
Lora L & Martin N Kelley Family Foundation Trust is located in Oakland, CA. The organization was established in 1991. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lora L & Martin N Kelley Family Foundation Trust 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, Lora L & Martin N Kelley Family Foundation Trust generated $205.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Lora L & Martin N Kelley Family Foundation Trust has awarded 245 individual grants totaling $6,530,959. 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 |
|---|---|---|---|
Craig Kelley Managing Trustee | 32 | $112,876 | |
Mark Kelley Treasurer | 6 | $7,000 | |
Steve Kelley Secretary | 6 | $7,000 | |
Aaron Kelley Trustee | 4 | $2,500 | |
Anne Kelley Trustee | 4 | $2,500 | |
Chris Kelley Trustee | 4 | $4,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tiedemann Advisors | 12/30/21 | $131,951 |
Common Counsel Foundation | 12/30/21 | $70,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16,825 |
| Dividends & Interest | $252,295 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$240,651 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $176,695 |
| Total Revenue | $205,164 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $153,376 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $17,165 |
| Interest | $0 |
| Taxes | $17,567 |
| Depreciation | $0 |
| Occupancy | $613 |
| Travel, conferences, and meetings | $33,221 |
| Printing and publications | $0 |
| Other expenses | $136,761 |
| Total operating and administrative expenses | $515,838 |
| Contributions, gifts, grants paid | $1,302,459 |
| Total expenses and disbursements | $1,818,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $952,189 |
| Savings and temporary cash investments | $459,342 |
| 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 | $11,544,219 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,468,006 |
| 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, Lora L & Martin N Kelley Family Foundation Trust has awarded $1,422,459 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE SPRUCE HABITAT FOR HUMANITY PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
BUILDING HEALTHY FAMILIES PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
ADELANTE MUJERES PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
CAMP ELSO INCORPORATED PURPOSE: PROGRAM SUPPORT FOR OUTDOOR STEAM PROGRAMS FOR YOUTH | $10,000 |
CASCADE PAC RESOURCE CONSERV & DEVO (FISCAL SPNSR FOR OR CLIMATE & AGR) PURPOSE: PROGRAM SUPPORT FOR OREGON CLIMATE AND AGRICULTURE NETWORK | $20,000 |
CAPACES LEADERSHIP INSTITUTE PURPOSE: CAPITAL SUPPORT FOR ANAHUAC FARM PHASE II CAPITAL CAMPAIGN | $75,000 |