W D Kelley Foundation
- Assets
- $38.7m
- Revenue
- $1.5m
- Investments
- $36.7m
- Employees
- 0
- Location
- Georgetown, TX
- Founding
- 10/2001
- Data as of
- 12/2023
- EIN
- 74-3007226
Organization Overview
W D Kelley Foundation is located in Georgetown, TX. The organization was established in 2001. 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. W D Kelley 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, W D Kelley Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 12.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, W D Kelley Foundation has awarded 155 individual grants totaling $4,125,206. 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.
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 |
|---|---|---|---|
Thomas Baird Director | 1 | $0 | |
Sandra Illig Secretary | 0 | $0 | |
Dale Illig President | 15 | $66,000 | |
Carl Illig Executive Di | 35 | $162,468 | |
Cindy Posey Director | 3 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $393,597 |
| Dividends & Interest | $928,972 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $129,660 |
| Capital Gain Net Income | $129,660 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,794 |
| Total Revenue | $1,454,023 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $248,468 |
| Other employee salaries and wages | $43,958 |
| Pension plans, employee benefits | $20,700 |
| Interest | $0 |
| Taxes | $27,404 |
| Depreciation | $494 |
| Occupancy | $13,825 |
| Travel, conferences, and meetings | $12,121 |
| Printing and publications | $0 |
| Other expenses | $306,141 |
| Total operating and administrative expenses | $693,721 |
| Contributions, gifts, grants paid | $1,479,951 |
| Total expenses and disbursements | $2,173,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,708 |
| Savings and temporary cash investments | $1,796,571 |
| 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 | $9,141 |
| Net Investments - land, buildings, equipment | $195,303 |
| Investments—mortgage loans | $0 |
| Investments—other | $19,077,681 |
| Net Land, buildings, and equipment | $1,481 |
| Other assets | $5,562 |
| Total assets | $38,725,596 |
| 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 | $12,125 |
| Total liabilities | $12,125 |
Grants Awarded
Over the last fiscal year, W D Kelley Foundation has awarded $1,479,951 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
A GIFT OF TIME PURPOSE: OPERATIONS | $32,120 |
AMERICAN ASSN OF UNIV WOMEN PURPOSE: SCHOLARSHIPS | $8,000 |
BROOKWOOD IN GEORGETOWN PURPOSE: OPERATIONS | $107,043 |
CENTRAL TX COMMUNITIES FOUNDATION PURPOSE: OPERATIONS | $3,368 |
CAPITAL AREA COUNCIL BOY SCOUTS PURPOSE: OPERATIONS | $33,000 |
CASA OF WM COUNTY PURPOSE: OPERATIONS | $66,041 |