//
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Kelly Foundation is a private corporation based in LIBERTYVILLE, IL. The foundation received its IRS ruling in 2014. The principal officer is Paul Kelly. It holds total assets of $5.1M. Annual income is reported at $3.4M. Total assets have grown from $1M in 2013 to $3.2M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Kelly Foundation has made 2 grants totaling $534K, with a median grant of $267K. Annual giving has decreased from $306K in 2022 to $227K in 2023. Individual grants have ranged from $227K to $306K, with an average award of $267K. Grant recipients are concentrated in Illinois. 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 Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in IL.
Kelly Foundation has distributed a total of $534K across 2 grants. The median grant size is $267K, with an average of $267K. Individual grants have ranged from $227K to $306K.
Kelly Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kelly Foundation is headquartered in LIBERTYVILLE, IL.
Track this funder — get alerted when new grants match
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Kelly | PRESIDENT | $0 | $0 | N/A |
| Michele Kelly | SECRETARY | $0 | $0 | N/A |
| Frederick M Lerner | DIRECTOR | $0 | $0 | N/A |
Total Giving
$252K
Total Assets
$3.2M
Fair Market Value
$2.4M
Net Worth
$3.2M
Grants Paid
$227K
Contributions
$800K
Net Investment Income
$36K
Distribution Amount
$120K
Total Grants
2
Total Giving
$534K
Average Grant
$267K
Median Grant
$267K
Unique Recipients
1
Most Common Grant
$306K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached Statement Of ContributionsGENERAL FUND | Libertyville, IL | $227K | 2023 |