Kaley Foundation

Kaley Foundation — legally the Frank E. Kaley TUW-Kaley Fund, a testamentary trust under will established in 2004 — is a Bank of America-administered trust, not an active grants office with a program staff. Its Dallas, TX address is simply Bank of America Private Bank's Philanthropic Solutions unit acting as corporate trustee (paid roughly $26,000-$30,000/year across recent filings); the actual giving decisions are made locally by four unpaid or nominally paid co-trustees (William G. Andrews, Steve Erdody, Peter Basiliere, Gregory White) tied to Milford, New Hampshire. The single most important eligibility fact, stated directly on the foundation's own IRS filing, is geographic and purpose-restricted: grants must serve 'educational and other charitable purposes within the Town of Milford, NH as may be designated from time to time by committee.' Organizations outside Milford should not apply — there is no exception carved out in the filing. The foundation favors organizations already embedded in Milford civic life: the town government itself, the volunteer fire/ambulance service, the historical society, the library, the school district, and local human-service nonprofits (Share Outreach, St. Joseph Community Services, Milford Thrives). It shows a clear preference for tangible, discrete asks — equipment purchases (a $32,500 ambulance-equipment grant, fire department extrication tools, trail-crossing equipment) and short-cycle program support — over multi-year capacity grants. There is no formal LOI-to-full-proposal pipeline; the application_instructions field states the entire process is 'WRITTEN LETTER FROM ORGANIZATION REQUESTING FUNDS.' First-time applicants should treat this literally: a one-to-two-page letter on organizational letterhead, addressed to the trustee committee, stating the specific need, dollar amount, and community benefit to Milford residents — not a polished multi-exhibit grant application. Repeat funding is common (Share Outreach, St. Joseph Community Services, and Make-A-Wish each received four separate grants in the tracked history), suggesting the committee renews relationships with proven local partners year over year rather than seeking new grantees aggressively.

Across the 49 tracked grants, total disbursed is $658,650 at an average of $13,442 per grant; the foundation's own typical-grant-size data (15 recent grants) shows a median of $5,000, an average of $9,737, and a range of $1,000-$42,000 — meaning the true 'typical ask' for a first-time or single-purpose grant sits closer to $5,000-$10,000, while the $135,500 and $123,250 totals below reflect cumulative multi-year relationships with a single grantee, not single checks. All 49 recorded grants went to New Hampshire recipients (state concentration: 100% NH), and within that, the concentration is hyper-local to Milford — every named grantee (Town of Milford, Milford Ambulance Service, Milford Historical Society, Milford School District, Milford Thrives, Wadleigh Library, Souhegan Valley Boys & Girls Club) is a Milford or immediately adjacent institution. By purpose, the largest cumulative categories are community/civic support (Share Outreach $135,500 across 4 grants; Town of Milford $123,250 across 2 grants), nutrition/human services (St. Joseph Meals on Wheels $80,000 across 4 grants; NH Catholic Charities $30,000 across 3 grants), and youth programs (Milford Thrives $76,350 across 3 grants). Health/wellness, crisis/victim services, and historic preservation each draw smaller, steadier five-figure annual support. On the financial side, total giving has fluctuated with the endowment's ~$3.0-3.6M asset base and investment-income-driven revenue (the foundation receives zero direct contributions): total_giving was $224,869 in FY2011, dipped to $139,086 in FY2013, and has since run in the $146,000-$231,000 band, hitting $204,954 in FY2023 and an estimated $233,608 in expenses for FY2025 per the latest filing. Grants_paid (the narrower disbursement figure) has ranged from $109,750 (FY2019) to $200,300 (FY2011), averaging roughly $150,000/year over the last decade — a foundation of steady, unspectacular output rather than growth-oriented scaling.

These five peers were matched purely on asset size (all cluster within $3.484M-$3.487M) and shared NTEE classification (Philanthropy & Grantmaking); none publish a website in our data, which is typical of small, single-trust family or testamentary foundations administered by a bank trustee rather than run as an active grantmaking operation. Kaley Foundation is distinguished from this peer set by its unusually narrow, legally codified geographic restriction (Town of Milford, NH exclusively) and by having enough of a public trail — municipal records, food-bank donor recognition, ProPublica filings — to document real grant activity, where the peer foundations show no independently verifiable grant history in this research pass. Grant seekers should treat all six as low-overhead, relationship-driven, non-competitive funders rather than as foundations with formal RFP cycles.

The most current financial data (FY2025, filed and indexed by ProPublica as of 2026-04-12) shows the foundation's net assets at $3,485,403, up from $3,324,907 in FY2024, with revenue of $385,583 and expenses of $233,608 — indicating a year of investment recovery that likely supports level-to-slightly-higher grantmaking in the current cycle. No leadership changes were identified: Bank of America continues as corporate trustee, and the same four co-trustees (Andrews, Erdody, Basiliere, White) appear across available records with no announced additions or departures. No new program announcements, strategic-plan releases, or public statements from the foundation itself were found in this research pass — the foundation does not appear to issue press releases or maintain active social media. The most concrete recent activity comes from grantee-side reporting rather than the foundation: Milford, NH municipal and fire-department records document a grant-funded purchase of battery-powered extrication tools for the Milford Fire Department and equipment for a trail-crossing safety project, and the New Hampshire Food Bank's donor-recognition page continues to credit the 'Frank E. Kaley Foundation' for nutrition-assistance support to low-income Milford families — both consistent with the foundation's long-standing purpose lines rather than representing a new initiative. Notably, the foundation's registered website (kaley.org) returned a connection failure during this research (ECONNREFUSED), and the mission text captured in Granted's own database ('Spaceship charges a commission on each SellerHub domain sale') reads as parked-domain placeholder text rather than foundation content — strong evidence that kaley.org is not, or is no longer, an active foundation-controlled website. Applicants should not rely on it and should instead direct written letters through Bank of America's Philanthropic Solutions office or local Milford civic channels.

Do not use a web portal or online application — none exists for this foundation. The IRS filing is explicit that the entire process is a 'WRITTEN LETTER FROM ORGANIZATION REQUESTING FUNDS,' so the winning format is a short, direct letter (roughly one to two pages) on your organization's letterhead, addressed to the Kaley Foundation trustee committee, stating: the specific dollar amount requested, the concrete purpose (equipment, program, or project — not general operating appeals), and how it benefits Milford, NH residents specifically. Eligibility is the single hardest gate: funding is restricted by trust document to organizations and purposes 'within the Town of Milford, NH' — a strong regional or statewide New Hampshire mission is not sufficient if the organization or the funded activity is not physically located in or serving Milford. Given the grant-size data (median $5,000, range $1,000-$42,000, average $9,737), applicants should anchor their ask realistically in the $5,000-$15,000 range unless requesting a large one-time capital or equipment item, where the foundation has gone as high as $32,500 (Milford Ambulance Service equipment) and cumulative multi-year support has reached $135,500 (Share Outreach) and $123,250 (Town of Milford). A common mistake would be treating this like a large institutional foundation with a formal LOI-to-full-proposal pipeline, multiple funding rounds, or online guidelines — none of that infrastructure exists here, and over-engineering the submission (glossy packets, large budgets, multi-year asks) likely mismatches a trust of this size and informal process. Because four of the last major recorded grantees (Share Outreach, St. Joseph Community Services, Milford Thrives, Make-A-Wish) received repeat funding across multiple years, building an ongoing relationship — reporting back on prior grant outcomes, reapplying annually for renewed program support — appears more productive than one-off asks from unfamiliar organizations. Given the corporate trustee is Bank of America Private Bank's Philanthropic Solutions group, correspondence should likely be routed through that office (Dallas, TX trust administration) with clear reference to the Kaley/Frank E. Kaley Foundation trust, since there is no separate foundation staff or office to contact directly. There is no stated application deadline or funding cycle in the public record, so applicants should inquire directly about timing rather than assume a standard calendar-year cycle.