Kennedy Memorial Fund
- Assets
- $21.8m
- Revenue
- $419.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 08/1965
- Data as of
- 04/2022
- EIN
- 98-6001394
Organization Overview
Kennedy Memorial Fund is located in null. The organization was established in 1965. 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 Memorial Fund 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 04/2022, Kennedy Memorial Fund generated $419.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $1.3m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADMINISTER THE KENNEDY MEMORIAL FUND SET UP TO COMMEMORATE PRESIDENT JOHN F KENNEDY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARD SCHOLARSHIPS EACH YEAR TO BRITISH GRADUATE STUDENTS TO ATTEND HARVARD UNIVERSITY AND THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY.
ADMINISTER A MEMORIAL IN LANDSCAPE AND STONE SITUATED AT RUNNYMEDE, SURREY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Emily Jane Charnock Director | Officer | 40 | $67,399 |
Dr Peter Englander Obe Trustee | Trustee | 0 | $0 |
Ms Stephanie Flanders Trustee | Trustee | 0 | $0 |
Prof Fiona Mcpherson Trustee | Trustee | 0 | $0 |
Prof Sir Mark Walport Trustee | Trustee | 0 | $0 |
Ms Mary Ann Sieghart Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $265,892 |
| Noncash contributions included in lines 1a–1f | $6,774 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $265,892 |
| Total Program Service Revenue | $0 |
| Investment income | $115,739 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $38,231 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $419,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,180,335 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,918 |
| Compensation of current officers, directors, key employees. | $16,922 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,138 |
| Fees for services: Accounting | $20,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,413 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,258 |
| Travel | $57,781 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,343,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $413,186 |
| Savings and temporary cash investments | $3,759 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $69,328 |
| 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 | $0 |
| Net Land, buildings, and equipment | $90,562 |
| Investments—publicly traded securities | $21,205,607 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,782,442 |
| Accounts payable and accrued expenses | $32,418 |
| 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 | $0 |
| Total liabilities | $32,418 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $21,750,024 |
| 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 | $21,782,442 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joseph Rowntree Foundation | $422,657,604 | $8,163,690 |
Jgive-Friends Of Asor Fund Usa Inc | $3,714,986 | $11,909,625 |
Croucher Foundation | $269,521,861 | $18,069,736 |
Friends Of Mcmaster Incorporated | $3,409,342 | $8,608,370 |
Donner Canadian Foundation | $109,552,134 | $11,529,289 |
Jubilo Trust | $16,173,209 | $19,859,267 |
United Way Of Canada Centraide | $6,263,959 | $7,770,840 |
Lily Street Foundation | $36,632,003 | $1,348,328 |
Natasha Foundation | $563,928,700 | $64,687,838 |
Laidlaw Foundation | $52,854,194 | $8,143,738 |
F K Morrow Foundation | $51,955,966 | $5,559,671 |
Figo Charitable Foundation | $0 | $4,234,333 |