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Kully Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2012. The principal officer is Foundation Source. It holds total assets of $7.4M. Annual income is reported at $3M. Total assets have grown from $35K in 2011 to $7.4M in 2024. The foundation is governed by 3 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. The foundation primarily funds organizations in New York and California. According to available records, Kully Family Foundation has made 10 grants totaling $750K, with a median grant of $100K. Individual grants have ranged from $10K to $150K, with an average award of $75K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New York and Massachusetts and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$10K
Average Grant
$44K
Largest Grant
$150K
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.
Kully Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in NY, MA, CA.
Kully Family Foundation has distributed a total of $750K across 10 grants. The median grant size is $100K, with an average of $75K. Individual grants have ranged from $10K to $150K.
Kully Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kully Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonathan Kully | Pres, Dir, Treas | $0 | $0 | N/A |
| Sandra Kully | Dir, VP | $0 | $0 | N/A |
| Deborah G Kully | Sec, Dir | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$7.4M
Fair Market Value
N/A
Net Worth
$7.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$750K
Average Grant
$75K
Median Grant
$100K
Unique Recipients
4
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia University In The City Of New YorkTo support research on the pathogenesis of pulmonary fibrosis and lung regeneration | New York, NY | $150K | 2022 |
| Massachusetts General HospitalLifestyle Medicine Clinic | Boston, MA | $100K | 2022 |
| Challenged Athletes IncCharitable Event | San Diego, CA | $15K | 2022 |
| Go Project IncCharitable Event | New York, NY | $10K | 2022 |