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Malcolm E Kenney Foundation is a private corporation based in MAYFIELD HEIGHTS, OH. The foundation received its IRS ruling in 2017. The principal officer is Cornerstone Family Office LLC. It holds total assets of $6.8M. Annual income is reported at $6.3M. Total assets have grown from $455K in 2019 to $710K in 2023. The foundation is governed by 2 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 2017 to 2023. According to available records, Malcolm E Kenney Foundation has made 11 grants totaling $238K, with a median grant of $20K. Annual giving has grown from $20K in 2020 to $150K in 2023. Individual grants have ranged from $5K to $45K, with an average award of $22K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Ohio. 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.
Malcolm E Kenney Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in OH.
Malcolm E Kenney Foundation has distributed a total of $238K across 11 grants. The median grant size is $20K, with an average of $22K. Individual grants have ranged from $5K to $45K.
Malcolm E Kenney Foundation typically selects its grantees rather than accepting unsolicited proposals.
Malcolm E Kenney Foundation is headquartered in MAYFIELD HEIGHTS, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marcia J Wexberg | SECRETARY, TREASURER, DIRECTOR | $0 | $0 | N/A |
| Catherine G Veres | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
Total Giving
$151K
Total Assets
$710K
Fair Market Value
$1M
Net Worth
$710K
Grants Paid
$150K
Contributions
N/A
Net Investment Income
$25K
Distribution Amount
$51K
Total: N/A
Total Grants
11
Total Giving
$238K
Average Grant
$22K
Median Grant
$20K
Unique Recipients
8
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ArgonautFUNDING THE ROBOTICS PROGRAM | Cleveland, OH | $20K | 2023 |
| Daily Dose Of ReadingPLAY & LEARN PROGRAM EXPANSION | South Euclid, OH | $45K | 2023 |
| Holden Forests & GardensGREEN CORPS PROGRAM FUNDING | Cleveland, OH | $25K | 2023 |
| Great Lakes Museum Of Science Environment And TechnologyTOTAL ECLIPSE FESTIVAL 2024 FUNDING | Cleveland, OH | $25K | 2023 |
| St Paul'S Episcopal ChurchHIRING A PART-TIME EMPLOYEE TO ASSIST WITH CHILDREN AND YOUTH MINISTRIES | Cleveland Heights, OH | $20K | 2023 |
| Cleveland Museum Of Natural HistoryFUNDING THE TOTAL SOLAR ECLIPSE PROGRAMMING | Cleveland, OH | $15K | 2023 |
| Cleveland Museum Of ArtGENERAL OPERATIONS | Cleveland, OH | $34K | 2022 |
| Cleveland OrchestraMALCOLM E KENNEY ARTIST IN RESIDENCE FUND | Cleveland, OH | $5K | 2020 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH