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Kelly - Laustsen Family Foundation is a private trust based in SANTA BARBARA, CA. The foundation received its IRS ruling in 2014. The principal officer is Stafford T Kelly. It holds total assets of $1.1M. Annual income is reported at $317K. Total assets have grown from $35K in 2013 to $1.1M in 2024. The foundation is governed by 4 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 2024. Funding is distributed across 4 states, including Colorado, California, New Jersey. According to available records, Kelly - Laustsen Family Foundation has made 16 grants totaling $110K, with a median grant of $5K. The foundation has distributed between $51K and $59K annually from 2021 to 2022. Individual grants have ranged from $1K to $20K, with an average award of $7K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Colorado, California, Texas, which account for 50% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$20K
Based on 4 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.
Kelly - Laustsen Family Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CO, CA, TX.
Kelly - Laustsen Family Foundation has distributed a total of $110K across 16 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $1K to $20K.
Kelly - Laustsen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kelly - Laustsen Family Foundation is headquartered in SANTA BARBARA, CA. While based in CA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stafford T Kelly | TRUSTEE | $0 | $0 | N/A |
| Rolf B Kelly | TRUSTEE | $0 | $0 | N/A |
| Alison R Del Duca | TRUSTEE | $0 | $0 | N/A |
| Elaine M Laustsen | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.1M
Fair Market Value
N/A
Net Worth
$1.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$110K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | Santa Barbara, CA | $13K | 2022 |
| Las Cumbres ObservatoryUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | Goleta, CA | $1K | 2022 |
| Colorado School Of Mines ScholarshipUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | Golden, CO | $20K | 2022 |
| Texas A&M FoundationUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | College Station, TX | $8K | 2022 |
| Duke UniversityUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | Durham, NC | $5K | 2022 |
| Cornell UniversityUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | Boone, IA | $5K | 2022 |
| Rensselaer Polytechnic InstituteUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | Troy, NY | $5K | 2022 |
| University Of California Santa Barbara - Kavli InstituteUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | Santa Barbara, CA | $1K | 2022 |
| God'S Hidden Treasures - Presbyterian FoundationUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | Jeffersonville, IN | $1K | 2022 |
| University Of PennslyvaniaUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | Philadelphia, PA | $5K | 2021 |
| Western Kentucky Tornado Relief FundUNRESTRICTED FOR CHARITABLE EXEMPT PURPOSE | Frankfurt, KY | $1K | 2021 |