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Kennedy Foundation Inc. is a private corporation based in CHATTANOOGA, TN. The foundation received its IRS ruling in 1987. It holds total assets of $53M. Annual income is reported at $10.9M. Total assets have grown from $3.9M in 2011 to $48.8M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Tennessee and Texas. According to available records, Kennedy Foundation Inc. has made 21 grants totaling $16.7M, with a median grant of $10K. Annual giving has grown from $902K in 2020 to $15.7M in 2023. Individual grants have ranged from $2K to $14.7M, with an average award of $797K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Pennsylvania, Tennessee, District of Columbia, which account for 81% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$100K
Average Grant
$301K
Largest Grant
$800K
Based on 3 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.
Kennedy Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in PA, TN, DC.
Kennedy Foundation Inc. has distributed a total of $16.7M across 21 grants. The median grant size is $10K, with an average of $797K. Individual grants have ranged from $2K to $14.7M.
All contributions are to qualified 501(c) organizations.
Kennedy Foundation Inc. is headquartered in CHATTANOOGA, TN. While based in TN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Molly K Kennedy | SECRETARY & TREASURER | $0 | $0 | N/A |
| James D Kennedy Iii | PRESIDENT | $0 | $0 | N/A |
| Elizabeth K Spratlin | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$16M
Total Assets
$48.8M
Fair Market Value
$48.8M
Net Worth
$48.8M
Grants Paid
$15.7M
Contributions
$3.3M
Net Investment Income
$999K
Distribution Amount
$2.2M
Total: $28.9M
Total Grants
21
Total Giving
$16.7M
Average Grant
$797K
Median Grant
$10K
Unique Recipients
15
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jp Morgan Charitable Giving Fund National Philanthropic Trust Kennedy FTO CONTRIBUTE FUNDS TO A NON-PROFIT CHARITY | Lancaster, PA | $14.7M | 2023 |
| Erlanger Health System FoundationsTO SUPPORT A PUBLIC CHARITY | Chattanooga, TN | $800K | 2023 |
| University Of Chattanooga Foundation IncTO PROVIDE FUNDING AND SCHOLARSHIP TO THE POETRY PROGRAM | Chattanooga, TN | $100K | 2023 |
| Friends Of The National World War Ii MemorialTO SUPPORT A PUBLIC CHARITY | Washington, DC | $50K | 2023 |
| Friends Of Special Children For The Benefit Of Signal Centers LlcTO SUPPORT A PUBLIC CHARITY | Chattanooga, TN | $25K | 2023 |
| University Of The SouthTO PROVIDE FUNDING AND SCHOLARSHIP OPPORTUNITIES | Sewanee, TN | $10K | 2023 |
| Erlanger HospitalTO PROVIDE SUPPORT TO NON-PROFIT HOSPITAL | Chattanooga, TN | $10K | 2023 |
| Mary Cameron Robinson FoundationTO SUPPORT A PUBLIC CHARITY | Chattanooga, TN | $10K | 2023 |
| United Way Of Greater ChattanoogaTO SUPPORT A PUBLIC CHARITY | Chattanooga, TN | $5K | 2023 |
| St Paul'S Episcopal ChurchTO PROVIDE FUNDS FOR CHURCH UPKEEP | Chattanooga, TN | $5K | 2023 |
| Metropolitan MinistriesTO SUPPORT A PUBLIC CHARITY | Chattanooga, TN | $5K | 2023 |
| Haiti Deaf AcademyTO SUPPORT A PUBLIC CHARITY | Walker, IA | $5K | 2023 |
| American Heart Association IncTO SUPPORT ANNUAL CAMPAIGN | Dallas, TX | $3K | 2023 |
| Chattanooga Public LibraryTO SUPPORT A PUBLIC CHARITY | Chattanooga, TN | $25K | 2022 |
| International Committee Of The Red Cross- Ukraine Crisis ReliefTO PROVIDE RELIEF TO VICTIMS OF UKRAINIAN WAR. | Washington, DC | $5K | 2022 |