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Joseph Kellman Family Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2001. The principal officer is Stuart Grass. It holds total assets of $8.8M. Annual income is reported at $684K. Total assets have decreased from $21.5M in 2011 to $8.8M in 2024. The foundation is governed by 7 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 2018 to 2024. The foundation primarily funds organizations in Illinois and Florida. According to available records, Joseph Kellman Family Foundation has made 14 grants totaling $1.5M, with a median grant of $10K. The foundation has distributed between $132K and $1.3M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.3M distributed across 8 grants. Individual grants have ranged from $1K to $462K, with an average award of $111K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Joseph Kellman Family Foundation reported 14 individual grants totaling $1.5 million between 2020 and 2023 across its IRS Form 990-PF filings, with a median grant of $10,000. Half of those grants fell between $6,250 and $153,413. Its largest single grant in the record was $461,928. Its most recent available filing, for fiscal year 2023, reports $695,153 in total giving.
Grantmaking is concentrated in IL, which received 14 of the 14 grants on record (100 percent). Of its 6 distinct grantees, 67 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Better Boys Foundation ($923,856), Kellman Corporate Community Schools Of America ($574,658) and Hyde Park School Of Dance ($40,000).
Computed from 14 individual grant records (2020–2023) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$30K
Largest Grant
$100K
Based on 5 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.
Joseph Kellman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in IL.
Joseph Kellman Family Foundation has distributed a total of $1.5M across 14 grants. The median grant size is $10K, with an average of $111K. Individual grants have ranged from $1K to $462K.
Joseph Kellman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joseph Kellman Family Foundation is headquartered in CHICAGO, IL. The foundation primarily funds organizations in Illinois, Florida.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Troy Ratliff | VICE PRESIDENT/SECRETARY | $60K | $0 | $60K |
| Allan Muchin | BOARD MEMBER | $0 | $0 | N/A |
| Jack Kellman | PRESIDENT | $0 | $0 | N/A |
| Kyle Gillen | BOARD MEMBER | $0 | $0 | N/A |
| Colette Gillen | BOARD MEMBER | $0 | $0 | N/A |
| Jake Kellman | BOARD MEMBER | $0 | $0 | N/A |
| Lorrie Jones | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$8.8M
Fair Market Value
N/A
Net Worth
$8.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$1.5M
Average Grant
$111K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kellman Corporate Community Schools Of AmericaGENERAL CHARITABLE PURPOSE | Chicago, IL | $122K | 2023 |
| Hyde Park School Of DanceGENERAL CHARITABLE PURPOSE | Chicago, IL | $10K | 2023 |
| Better Boys FoundationGENERAL CHARITABLE PURPOSE | Chicago, IL | $462K | 2022 |
| Misericordia FoundationGENERAL CHARITABLE PURPOSE | Chicago, IL | $3K | 2022 |
| Kennedy Forum IllinoisGENERAL CHARITABLE PURPOSE | Chicago, IL | $5K | 2020 |
| Jewish United FundGENERAL CHARITABLE PURPOSE | Chicago, IL | $1K | 2020 |