Allen and Kelli Questrom Foundation

DALLAS, TX EIN: 27-2598904

Allen and Kelli Questrom Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $46.6M in total assets. In 2024, it awarded 7 grants totaling $3.8M. Net investment income was $4.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$46.6M

+11.0% YoY

Annual Giving

$3.8M

-2.2% YoY

Grant Count

-12.5% YoY

Avg Grant Size

$536K

+11.8% YoY

Under IRS private-foundation payout rules, Allen and Kelli Questrom Foundation reported a distributable amount of $2.6M for 2024 — the minimum it must pay out in qualifying distributions.

About Allen and Kelli Questrom Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $13.1M (96%)

Colorado $481K (4%)

Texas $75K (1%)

New York $60K (0%)

Connecticut $12 (0%)

States

Colorado Connecticut Massachusetts New York Texas

Cities

AspenAustinBostonBoulderCambridgeNew YorkStamfordSteamboat SpringsWest Point

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$46,571,679	$41,956,839	$41,667,233
Revenue	$12,934,839	$6,508,744	$5,548,799
Expenses	$4,661,649	$4,642,193	$4,389,398
Qualifying Distributions	$3,816,808	$3,888,129	$3,758,206
Net Investment Income	$4,113,512	$1,834,092	$2,663,107
Distributable Amount	$2,608,240	$2,274,281	$2,399,837

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boston University ($3,500,000), Aspen Music Festival and School ($125,000), Boston University ($50,000).

Recipient	Purpose	Amount
ASPEN MUSIC FESTIVAL AND SCHOOL ASPEN, CO	Low Income Student Scholarships	$125,000
BOSTON UNIVERSITY BOSTON, MA	INNOVATE @ BU INITIATIVE FUND	$3,500,000
BOSTON UNIVERSITY BOSTON, MA	AL Amyloidosi Clinical Research	$50,000
WEST POINT ASSOCIATION OF GRADUATES WEST POINT, NY	RECOGNITION	$25,000
THE STEAMBOAT INSTITUTE STEAMBOAT SPRINGS, CO	GENERAL	$15,000
NATIONAL REVIEW INSTITUTE NEW YORK, NY	GENERAL	$10,000
TEXAS PUBLIC POLICY FOUNDATION AUSTIN, TX	GENERAL	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ALLEN I QUESTROM	PRES/DIRECTOR	—	—
CAROL L KELLI QUESTROM	S/T/DIRECTOR	—	—
BEN BEAVERS	Director	—	—
KYLE MCHUGH	Director	—	$25,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Allen and Kelli Questrom Foundation?

Allen and Kelli Questrom Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $46.6M in total assets as of 2024.

How large is Allen and Kelli Questrom Foundation?

As of 2024, Allen and Kelli Questrom Foundation holds $46.6M in total assets with $12.9M in annual revenue. It awarded 7 grants totaling $3.8M in 2024.

Where does Allen and Kelli Questrom Foundation operate?

Allen and Kelli Questrom Foundation has awarded grants in Colorado, Connecticut, Massachusetts, New York, Texas.

What size grants does Allen and Kelli Questrom Foundation award?

In 2024, Allen and Kelli Questrom Foundation awarded 7 grants totaling $3.8M — an average of about $536K per grant, based on its IRS Form 990 filings.

How much is Allen and Kelli Questrom Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Allen and Kelli Questrom Foundation reported a distributable amount of $2.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Allen and Kelli Questrom Foundation's EIN?

Allen and Kelli Questrom Foundation's EIN (Employer Identification Number) is 27-2598904. IRS Form 990 filing data is available on this page for 2020–2024.