Kennedy Family Charitable Foundation is located in Ponte Vedra Beach, FL. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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 Family Charitable 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, Kennedy Family Charitable Foundation generated $417.1k in total revenue. All expenses for the organization totaled $151.2k during the year ending 12/2023. While expenses have increased by 192.3% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas A Kennedy Trustee | 1 | $0 | |
Elaine M Kennedy Trustee | 1 | $0 | |
Kylene M Kennedy Trustee | 1 | $0 | |
Kelly M Kennedy Trustee | 1 | $0 | |
Karlyn M Kennedy Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $13,111 |
| Dividends & Interest | $154,018 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $417,129 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,739 |
| Contributions, gifts, grants paid | $137,500 |
| Total expenses and disbursements | $151,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $355,352 |
| 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 | $3,995,313 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,449,548 |
| 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 |
Over the last fiscal year, Kennedy Family Charitable Foundation has awarded $137,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MAYO CLINIC PURPOSE: TO PROVIDE WHOLE-PERSON CARE TO EVERYONE WHO NEEDS HEALING. | $100,000 |
UNIVERSITY OF CALIFORNIA LOS ANGELES PURPOSE: WOMEN IN ENGINEERING FUND - TO ENABLE THE FULL PARTICIPATION, SUCCESS, AND ADVANCEMENT OF WOMEN IN ENGINEERING AND COMPUTER SCIENCE. | $20,000 |
RUTGERS UNIVERSITY PURPOSE: ENGINEERING SCHOLARSHIP - TO SUPPORT STUDENTS BASED ON FINANCIAL NEED AND ACADEMIC MERIT THROUGHOUT THEIR ENTIRE UNDERGRADUATE YEARS. | $17,500 |