Kennedy-Herterich Foundation

Organization Overview

Kennedy-Herterich Foundation is located in Blowing Rock, NC. 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. Kennedy-Herterich 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 12/2021, Kennedy-Herterich Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $542.5k during the year ending 12/2021. While expenses have increased by 11.8% per year over the past 5 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 2017, Kennedy-Herterich Foundation has awarded 114 individual grants totaling $1,599,001. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $500
Dividends & Interest $196,607
Net Rental Income$0
Net Gain on Sale of Assets $820,072
Capital Gain Net Income $820,072
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,017,179

Grants Awarded

Over the last fiscal year, Kennedy-Herterich Foundation has awarded $386,000 in support to 23 organizations.

Grant RecipientAmount

HIGH COUNTRY CAREGIVERS FOUNDATION

Org PageRecipient Profile

Boone, NC

PURPOSE: PROGRAMMING RESTRUCTURING SUPPORT

$66,000

Arden, NC

PURPOSE: EDUCATION

$51,000

Charleston, SC

PURPOSE: EDUCATION SUPPORT

$50,000

APPALACHIAN STATE UNIVERSITY FOUNDA

Org PageRecipient Profile

Boone, NC

PURPOSE: EDUCATION SUPPORT

$25,000

THE VILLAGE FDT OF BLOWING ROCK

PURPOSE: OPERATIONS SUPPORT

$25,000

THE GREEN HEART PROJECT INC

Org PageRecipient Profile

Charleston, SC

PURPOSE: GENERAL OPERATING

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Kennedy-Herterich Foundation has recieved totaling $382,024.

Awarding OrganizationAmount
The Ethel And W George Kennedy Family Foundation Inc

Miami, FL

PURPOSE: UNDISTRIBUTED INCOME OF 2016

$191,034
The Ethel And W George Kennedy Family Foundation Inc

Miami, FL

PURPOSE: UNDISTRIBUTED INCOME OF 2017

$190,990
View Grant Recipient Profile

Peer Organizations

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