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Nonprofiteer
← KENNEDY FAMILY FOUNDATION INC

Form 990 for tax year 2023

Filed by KENNEDY FAMILY FOUNDATION INC.

Totals

Total revenue
$433,414
Total expenses
$432,826
Contributions and grants received
$485,665
Grants paid
$424,422
Program service revenue
$0
Investment income
$0
Other revenue
-$52,251
Total assets, end of year
$1,148
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,148
Program services expenses (Part IX)
$424,576
Management and general expenses
$8,250
Fundraising expenses
$0
Program service expenses (Part III)
$424,576

Program services were 98.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $236,915

  • 1f · All other contributions, gifts and grants

    $248,750

  • 1g · Noncash contributions included above

    $31,150

  • 8a · Fundraising events: gross income

    $36,820

  • 8a · Fundraising events: contributions included on line 1c

    $236,915

  • 8b · Fundraising events: direct expenses

    $89,071

  • 8c · Net income from fundraising events

    total -$52,251 · excluded -$52,251

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $424,422 · program services $424,422

  • 11b · Fees: legal

    total $130 · program services $91 · management and general $39

  • 11c · Fees: accounting

    total $6,330 · management and general $6,330

  • 13 · Office expenses

    total $1,944 · program services $63 · management and general $1,881

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $560 · end of year $1,148

  • 27 · Net assets without donor restrictions

    beginning of year $560 · end of year $1,148

Mission and programs · 2023

Mission

THE KENNEDY FAMILY FOUNDATION, INC. IS ORGANIZED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES, INCLUDING, FOR SUCH PURPOSE, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER IRC SECTION 501(C)(3) AND LIMITED PRIMARILY TO OR FOR THE BENEFIT OF THE RESIDENTS OF ROCK COUNTY, WISCONSIN AND SURROUNDING AREAS.

Activities or mission (Part I)

THE PURPOSE OF THE FOUNDATION IS TO RAISE FUNDS AND DISTRIBUTE THEM TO 501(C)(3) ORGANIZATIONS THAT ARE LIMITED TO OR PRIMARILY FOR SUPPORTING RESIDENTS OF ROCK COUNTY, WISCONSIN AND SURROUNDING AREAS.

  • RAISED FUNDS AND DISTRIBUTED $424,422 TO QUALIFYING ORGANIZATIONS IN ROCK COUNTY, WISCONSIN AND SURROUNDING AREAS.

    Expenses $424,576 · Grants $424,422

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • William E Kennedy

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    7.5

  • Robert J Kennedy

    VICE PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Stephen M Kennedy

    SECRETARY/TREASURER/DIRECTOR

    Total calculated
    $0
    Hours/week
    7.5

  • Michael E Grubb

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
2 October 2024
IRS schema version
2023v5.1
Source object
202432889349302228

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.