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Kean Foundation Inc. is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2013. The principal officer is Steven J Kean. It holds total assets of $6M. Annual income is reported at $466K. Total assets have decreased from $27M in 2012 to $7.9M in 2023. The foundation is governed by 4 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. According to available records, Kean Foundation Inc. has made 6 grants totaling $5.9M, with a median grant of $888K. Annual giving has grown from $2.3M in 2022 to $3.5M in 2023. Individual grants have ranged from $17K to $2.3M, with an average award of $983K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Texas and Missouri. Contributions to this foundation are tax-deductible.
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.
Kean Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in TX, MO.
Kean Foundation Inc. has distributed a total of $5.9M across 6 grants. The median grant size is $888K, with an average of $983K. Individual grants have ranged from $17K to $2.3M.
Kean Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Kean Foundation Inc. is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nora Kean Ogle | DIRECTOR | $0 | $0 | N/A |
| Steven J Kean | DIRECTOR | $0 | $0 | N/A |
| Melissa C Kean | DIRECTOR | $0 | $0 | N/A |
| Margaret Kean Wissink | DIRECTOR | $0 | $0 | N/A |
Total Giving
$3M
Total Assets
$7.9M
Fair Market Value
$9M
Net Worth
$7.9M
Grants Paid
$2.9M
Contributions
$5.3M
Net Investment Income
$5.7M
Distribution Amount
$294K
Total: $628K
Total Grants
6
Total Giving
$5.9M
Average Grant
$983K
Median Grant
$888K
Unique Recipients
3
Most Common Grant
$1.7M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Saint Constantine SchoolUNRESTRICTED | Houston, TX | $1.7M | 2023 |
| Cristo Rey Jesuit SchoolUNRESTRICTED | Houston, TX | $35K | 2023 |
| Take Part FoundationUNRESTRICTED | St Charles, MO | $17K | 2022 |