//
Also known as: FIRST OPTION BANK TRUSTEE
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Kelly Charitable Trust is a private trust based in PAOLA, KS. The foundation received its IRS ruling in 2009. The principal officer is Kathy Lovig. It holds total assets of $1.3M. Annual income is reported at $730K. Total assets have grown from $997K in 2011 to $1.3M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2024. According to available records, Kelly Charitable Trust has made 5 grants totaling $180K, with a median grant of $54K. Annual giving has grown from $54K in 2021 to $126K in 2023. Individual grants have ranged from $3K to $60K, with an average award of $36K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Kansas. 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.
Kelly Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in KS.
Kelly Charitable Trust has distributed a total of $180K across 5 grants. The median grant size is $54K, with an average of $36K. Individual grants have ranged from $3K to $60K.
The application deadline is REQUEST MUST BE RECEIVED BEFORE MARCH 1 EACH YEAR. Entities under sec 170(c)(2), 501(c)(3), 2522(a)(2) if gift deductible.
Kelly Charitable Trust is headquartered in PAOLA, KS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Option Bank | TRUSTEE | $23K | $0 | $23K |
Total Giving
$76K
Total Assets
$1.3M
Fair Market Value
$1.3M
Net Worth
$1.3M
Grants Paid
$49K
Contributions
N/A
Net Investment Income
$49K
Distribution Amount
$62K
Total: $1.2M
Total Grants
5
Total Giving
$180K
Average Grant
$36K
Median Grant
$54K
Unique Recipients
3
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Miami County Medical Center IncMIAMI COUNTY HOSPICE CARE | Paola, KS | $60K | 2023 |
| Usd # 368SOS BACK TO SCHOOL PROGRAM | Paola, KS | $3K | 2023 |
| My Fathers House Community Services IncREPLACE HVAC SYSTEM | Paola, KS | $54K | 2021 |