WAUKESHA, WI
The Robert D And Patricia E Kern Family Foundation Inc.
Quick Facts
- EIN
- 391923558
- Location
- WAUKESHA, WI
- Category
- Philanthropy & Grantmaking
- Total Assets
- $837M
- Annual Income
- $203.7M
- IRS Ruling Year
- 1999
About This Foundation
The Robert D And Patricia E Kern Family Foundation Inc. is a private foundation based in WAUKESHA, WI. The foundation received its IRS ruling in 1999. It holds total assets of $837M. Annual income is reported at $203.7M. The foundation operates in the area of philanthropy & grantmaking.
View 990 FilingsFinancial Overview
Total Giving
$80.7M
2023+65%
Total Assets
$841.8M
2023+22%
Fair Market Value
$841.8M
2023
Net Worth
$841.8M
2023
Grants Paid
$54M
2023
Contributions
$150.7M
2023
Net Investment Income
$21.9M
2023
Distribution Amount
$40.8M
2023
Total Giving by Year
$29.9M
11$32.2M
12$36.8M
13$45.5M
14$43.5M
15$61.9M
19$67.4M
20$79.8M
21$48.8M
22$80.7M
23Asset Growth
$564.5M
11$549.7M
12$541.9M
13$534.5M
14$518.7M
15$718.4M
19$718M
20$759.4M
21$688M
22$841.8M
23Investment Portfolio (2023)
Total: $445.8M
Corporate Stock: $359.5M
Corporate Bonds: $86.3M
Other Investments: $385M
Cash: $36K
Corporate Stock (43%)
Corporate Bonds (10%)
Other Investments (46%)
Cash (0%)
Expense Breakdown (2023)
Grants Paid$54M
Travel & Conferences$2.3M
Officer Compensation$1.5M
Pension & Benefits$1.4M
Legal Fees$107K
Accounting Fees$45K
Occupancy$28K
Printing & Publications$4K
Revenue Sources (2023)
- Contributions
- $150.7M
- Other Income
- $8.6M
- Dividends
- $7.7M
- Capital Gains (Net)
- $3.2M
Financial Details (2023)
- Total Revenue
- $170.2M
- Total Expenses
- $80.7M
- Exempt Purpose Expenses
- $75.5M
- Required Distribution
- $40.8M
- Undistributed Income
- $0
- Grants Approved (Future)
- $159.8M
- Total Liabilities
- $1
- Excise Tax
- $304K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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