Kelly Family Foundation Inc
- Assets
- $550.6k
- Revenue
- $261.3k
- Investments
- $369.7k
- Employees
- 0
- Location
- Southport, CT
- Founding
- 08/2016
- Data as of
- 12/2023
- EIN
- 81-2662041
Organization Overview
Kelly Family Foundation Inc is located in Southport, CT. The organization was established in 2016. 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. Kelly Family 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 12/2023, Kelly Family Foundation Inc generated $261.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $265.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Kelly Family Foundation Inc has awarded 86 individual grants totaling $938,997. 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 |
|---|---|---|---|
John F Kelly President | 1 | $0 | |
Elizabeth L Kelly Director | 1 | $0 | |
Christopher J Kelly Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $239,723 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,824 |
| Capital Gain Net Income | $4,824 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $261,255 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $133 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $462 |
| Total operating and administrative expenses | $5,163 |
| Contributions, gifts, grants paid | $260,550 |
| Total expenses and disbursements | $265,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $178,446 |
| 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 | $2,466 |
| Other assets | $0 |
| Total assets | $550,643 |
| 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 Inc has awarded $260,550 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CHEF JOEY SCHILLING MEMORIAL FOUNDATION PURPOSE: TO SUPPORT AND ASSIST ASPIRING CHEFS TO FULFILL THEIR DREAMS IN THE FIELD OF CULINARY ART | $100 |
BROOKLYN JESUIT PREP SCHOOL PURPOSE: SUPPORT MIDDLE SCHOOL EDUCATION SERVING LOW-INCOME FAMILIES OF VARIOUS ETHNICITIES | $250 |
DIOCESE OF BRIDGEPORT PURPOSE: TO SUPPORT THE WORK OF THE BRIDEGEPORT DIOCESE | $10,000 |
FAIRFIELD COLLEGE PREPARATORY SCHOOL PURPOSE: SUPPORT FOR MERIT SCHOLARSHIPS AND HUMAN CAPITAL PROGRAMS | $55,250 |
GREENFIELD HILL CHURCH PURPOSE: APPALACHIA SERVICE PROJECT | $500 |
THOMAS MERTON FAMILY CENTER PURPOSE: TO SUPPORT THEIR SERVICES TO THE COMMUNITY, INCLUDING MEALS AND CASE MANAGEMENT | $200 |