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Denise And Michael Kellen Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2015. It holds total assets of $624.7M. Annual income is reported at $121.7M. Total assets have grown from $14.9M in 2015 to $624.7M in 2024. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Funding is distributed across 4 states, including New York, Connecticut, Massachusetts. According to available records, Denise And Michael Kellen Foundation Inc. has made 25 grants totaling $23.3M, with a median grant of $128K. Annual giving has grown from $5.3M in 2022 to $18M in 2024. Individual grants have ranged from $5K to $10.1M, with an average award of $933K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, Connecticut, which account for 84% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$250K
Average Grant
$604K
Largest Grant
$2M
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Denise And Michael Kellen Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in MA, NY, CT.
Denise And Michael Kellen Foundation Inc. has distributed a total of $23.3M across 25 grants. The median grant size is $128K, with an average of $933K. Individual grants have ranged from $5K to $10.1M.
Denise And Michael Kellen Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Denise And Michael Kellen Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| MARIA SZABO-GOESSLER | SECRETARY | $72K | $0 | $72K |
| TRACY TUCKER-KNOX | DIRECTOR | $0 | $0 | N/A |
| CHRISTOPHER KELLEN | DIRECTOR | $0 | $0 | N/A |
| CAROLINE KELLEN | DIRECTOR | $0 | $0 | N/A |
| DENISE T KELLEN | VICE-PRESIDENT | $0 | $0 | N/A |
| MICHAEL M KELLEN | PRESIDENT/TREASURER | $0 | $0 | N/A |
Total Giving
$18M
Total Assets
$624.7M
Fair Market Value
$613.2M
Net Worth
$624.7M
Grants Paid
$18M
Contributions
$45.4M
Net Investment Income
$40.3M
Distribution Amount
$29.6M
Total: $106.5M
Total Grants
25
Total Giving
$23.3M
Average Grant
$933K
Median Grant
$128K
Unique Recipients
20
Most Common Grant
$100K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| WELLESLEY COLLEGEGENERAL FUND | WELLESLEY, MA | $10.1M | 2024 |
| THE JOAN AND SANFORD I WEILLGENERAL FUND | NEW YORK, NY | $5M | 2024 |
| ANIMAL MEDICAL CENTERGENERAL FUND | NEW YORK, NY | $1.3M | 2024 |
| ROCKEFELLER UNIVERSITYGENERAL FUND | NEW YORK, NY | $1M | 2024 |
| SILVER HILL HOSPITALGENERAL FUND | NEW CANAAN, CT | $200K | 2024 |
| ACT OF CONNECTICUTGENERAL FUND | RIDGEFIELD, CT | $141K | 2024 |
| CHAPEL & YORK FOUNDATIONGENERAL FUND | NEW YORK, NY | $128K | 2024 |
| HOSPITAL FOR SPECIAL SURGERYGENERAL FUND | NEW YORK, NY | $100K | 2024 |
| CHABAD OF ICELAND INCGENERAL FUND | BROOKLYN, NY | $50K | 2024 |
| RIDGEFIELD LIBRARY ASSOCIATIONGENERAL FUND | RIDGEFIELD, CT | $10K | 2024 |
| RIDGEFIELD CONSERVATORY OF DANCEGENERAL FUND | RIDGEFIELD, CT | $10K | 2024 |
| THE NEW YORK HISTORICAL SOCIETYGENERAL FUND | NEW YORK, NY | $8K | 2024 |
| GLEN ROCK BOOSTER CLUBGENERAL FUND | GLEN ROCK, NJ | $5K | 2024 |
| Vassar Brothers HospitalGENERAL FUND | Poughkeepsie, NY | $500K | 2022 |
| Melanoma Research Alliance FoundationGENERAL FUND | Washington, DC | $350K | 2022 |
| International Documentary AssociationGENERAL FUND | Los Angeles, CA | $125K | 2022 |
| Weill Medical CollegeGENERAL FUND | New York, NY | $100K | 2022 |
| Memorial Sloankettering Cancer CenterGENERAL FUND | New York, NY | $100K | 2022 |
| Inquiring Systems IncGENERAL FUND | Santa Rosa, CA | $100K | 2022 |
| Friends Of The United HatzalahGENERAL FUND | New York, NY | $72K | 2022 |