Kennedy Krieger Foundation Inc
- Assets
- $94.7m
- Revenue
- $9.8m
- Investments
- $295.0k
- Employees
- 13
- Location
- Baltimore, MD
- Founding
- 07/1996
- Data as of
- 06/2021
- EIN
- 52-1734695
Organization Overview
Kennedy Krieger Foundation Inc is located in Baltimore, MD. The organization was established in 1996. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Kennedy Krieger Foundation Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kennedy Krieger 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 06/2021, Kennedy Krieger Foundation Inc generated $9.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $5.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kennedy Krieger Foundation Inc has awarded 25 individual grants totaling $52,802,971. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FUNDRAISING AND MANAGING ENDOWMENT FUNDS TO BENEFIT KENNEDY KRIEGER INSTITUTE AFFILIATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO SUPPORT THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES OF THE AFFILIATED CORPORATIONS THAT MAKE UP THE KENNEDY KRIEGER INSTITUTE.
FOUNDATION STAFF IS OFTEN INVOLVED IN PROGRAMMATIC ACTIVITIES AS PART OF THEIR WORK WEEK, ACTIVITIES THAT DO NOT FALL UNDER THEIR MANAGEMENT OR FUND RAISING FUNCTIONS. HIGHLIGHTS INCLUDE DIRECT INVOLVEMENT IN: JOINING VOLUNTEERS TO HELP WITH ACTIVITIES THAT DIRECTLY BENEFIT INPATIENT AND OUTPATIENT CHILDREN AND THEIR FAMILIES; RESEARCH BRIEFINGS FOR INTERESTED PARENTS AND COMMUNITY GROUPS; AND SPECIAL EVENTS OR GATHERINGS TO SPECIFICALLY BENEFIT THE PATIENTS AND FAMILIES SERVED. THE FOUNDATION STAFF IS ALSO ACTIVE IN EDUCATING CONSTITUENTS AND THE GENERAL PUBLIC ABOUT KENNEDY KRIEGER SERVICES, RESEARCH EFFORTS, THE UNIQUE NEEDS OF THE PATIENT AND STUDENT POPULATIONS, AND THE WORK OF OVER 140 FACULTY AND OVER 900 TRAINEES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary W Goldstein MD Former President & CEO | 0 | $395,734 | |
Linda Cameron VP - Philanthropy | Officer | 40 | $310,562 |
Jennifer Doyle Director - Leadership Giving | 40 | $141,128 | |
Orlee Kahn Director - Planned Giving | 40 | $139,006 | |
Sarah Weber Oettel Director - Corporate Relations | 40 | $123,721 | |
Leslie Marsiglia Director - Individual Giving | 40 | $109,647 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blackbaud Database Management | 6/29/21 | $109,745 |
Missiontixcom Promotion | 6/29/21 | $153,302 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,040,203 |
| Related organizations | $14,517 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,667,992 |
| Noncash contributions included in lines 1a–1f | $324,060 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,722,712 |
| Total Program Service Revenue | $0 |
| Investment income | $2,347,118 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,116,442 |
| Net Income from Fundraising Events | -$357,919 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,828,353 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,604,623 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $405,575 |
| Compensation of current officers, directors, key employees. | $18,368 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $994,366 |
| Pension plan accruals and contributions | $80,121 |
| Other employee benefits | $478,386 |
| Payroll taxes | $80,006 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,550 |
| Fees for services: Accounting | $1,242 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,293 |
| Fees for services: Other | $511,351 |
| Advertising and promotion | $78,728 |
| Office expenses | $173,836 |
| Information technology | $16,863 |
| Royalties | $0 |
| Occupancy | $251,846 |
| Travel | $1,540 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,601 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,468 |
| All other expenses | $0 |
| Total functional expenses | $5,928,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,962,856 |
| Savings and temporary cash investments | $2,602,395 |
| Pledges and grants receivable | $897,968 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,722 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $75,949,774 |
| Investments—other securities | $295,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $94,709,715 |
| Accounts payable and accrued expenses | $15,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,890,890 |
| Total liabilities | $11,905,890 |
| Net assets without donor restrictions | $71,667,576 |
| Net assets with donor restrictions | $11,136,249 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $94,709,715 |
Grants Awarded
Over the last fiscal year, Kennedy Krieger Foundation Inc has awarded $2,604,623 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: TRANSFER OF RESTRICTED CONTRIBUTIONS | $1,007,861 |
Baltimore, MD PURPOSE: TRANSFER OF RESTRICTED CONTRIBUTIONS | $950,304 |
Baltimore, MD PURPOSE: SUPPORT OPERATING NEEDS OF ORGANIZATION | $646,458 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kennedy Krieger Foundation Inc has recieved totaling $103,659.
| Awarding Organization | Amount |
|---|---|
Louis And Phyllis Friedman Foundation Inc Towson, MD PURPOSE: OSTEOGENESIS IMPERFECTA RESEARCH FD | $100,000 |
John C Pangborn Tr Uw Item 15 Nect Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $3,159 |
David W Buck Family Foundation Inc Sparks, MD PURPOSE: GENERAL SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $56,641,600 |
| Earnings | $17,563,622 |
| Admin Expense | $40,293 |
| Ending Balance | $74,164,929 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |
Pittsburgh Promise Foundation Pittsburgh, PA | $59,585,111 | $15,082,951 |
Silver Valley Research Foundation Mclean, VA | $1,699,232 | $12,100,000 |
Pennsylvania Ems Provider Foundation Harrisburg, PA | $55,116 | $0 |
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |
York Foundation Herndon, VA | $79,294,285 | $7,194,037 |
Taubman Foundation For The Arts Roanoke, VA | $20,057,493 | $918,229 |