Brian & Joelle Kelly Family Foundation

RED BANK, NJ EIN: 26-6139249

The Brian & Joelle Kelly Family Foundation is a private foundation established in 2007 in New Jersey and granted tax-exempt status in February 2008. Based in Red Bank, New Jersey, the foundation operates as a family foundation with a broad philanthropic mission supporting various charitable causes across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$58.7M

+4.1% YoY

Annual Giving

$3.3M

+16.1% YoY

Grant Count

135

-33.8% YoY

Avg Grant Size

$25K

+75.5% YoY

Under IRS private-foundation payout rules, Brian & Joelle Kelly Family Foundation reported a distributable amount of $2.9M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation provides funding for scholarships and supports a diverse range of charitable activities. Primary funding areas include:

  • Education
  • Philanthropy and grantmaking
  • Human services
  • Religious support and community outreach
  • Arts and cultural preservation, particularly Irish heritage
  • Food security and disaster relief
  • Religious education and media

Grantmaking

The foundation operates on a preselected basis only and does not accept unsolicited applications for funds. The foundation only makes contributions to preselected charitable organizations.

Grant Range

$100 to $835,834

Average Grant

amount varies by program

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple states, with particular activity in:

  • New Jersey (primary focus area)
  • New York
  • District of Columbia
  • Broader national reach across numerous states including Alaska, California, Florida, Illinois, Maryland, and others

Grant Distribution by State

37states
+29 more states

Cities

Albert LeaAlexandriaAllenwoodAnthemArlingtonAsburyAsbury ParkAshevilleAshlandAtlantaBaltimoreBaton RougeBaysideBelmarBergenfieldBethesedaBloomfieldBostonBoys TowneBradley Beach

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $58,656,697
  • Total Revenue: $3,174,832
  • Total Expenses: $3,757,404
  • Total Giving: $3,348,865
  • Giving Rate: 5.5%
  • Total Liabilities: $123,000

As of 2023:

  • Total Assets: $56,322,089
  • Total Revenue: $2,625,861
  • Total Expenses: $3,146,889
  • Total Giving: $2,978,500
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$58,656,697$56,322,089$51,920,166
Revenue$3,174,832$2,625,861$2,554,488
Expenses$3,757,404$3,146,889$2,908,171
Qualifying Distributions$3,515,052$2,978,500$2,744,844
Net Investment Income$1,933,490$7,004,605$930,033
Distributable Amount$2,889,882$2,567,595$2,616,263

Giving Over Time

Total grant dollars and number of grants per year

$0$837K$2M$3M$3M181 grants2020193 grants2021224 grants2022204 grants2023135 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NOTRE DAME UNIVERSITY$433KMEMORIAL SLOAN-KETTERING…$200KFORDHAM UNIVERSITY$200KBOSTON COLLEGE$167KST CATHARINE-ST MARGARET…$66KMarine Sgt Eddie Ryan$25KHERITAGE FOUNDATION$25KCHURCH OF SAINT VINCENT …$11KST AIDAN'S GAELIC FOOTBA…$9KDOE FUND INC$5K

Grant Size Distribution

250 grants across all recorded years

229<$50K5$50–100K12$100–250K2$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Notre Dame University ($433,334), Memorial Sloan-kettering Cancer Cen ($200,000), Fordham University ($200,000).

RecipientPurposeAmount
Franciscan Mission Associates Mount Vernon, NYPromotes information about and interest in the missionaries and their people - particularly in the Franciscan Missions of Central America, but also in the inner cities of the United States and Canada as well as every continent in the world. Our mission is: excellence in the provision of healthcare ... their family members, nursing associates, hospital associates.$100
Marine Sgt Eddie Ryan Lake George, NYTo help, aid and support wounded Marine Sgt. Eddie Ryan with the task of getting him back on his feet.$25,000
MARINE CORPS HERITAGE FOUNDATION DUMFRIES, VAThe Foundations mission is to preserve and propagate the history, traditions and culture of the Marine Corps as well as to educate all Americans$100
SPRING LAKE FIRE COMPANY NO1 SPRING LAKE, NJTo serve and help protect the residents of Spring Lake and neighboring towns$150
CATO INSTITUTE WASHINGTON, DCThe Cato Institute is a public policy research organization a think tank dedicated to the principles of individual liberty, limited government, free markets and peace. Its scholars and analysts conduct independent, nonpartisan research on a wide range of policy issues.$1,100
STATE POLICY NETWORK ARLINGTON, VASPN providing programs to better educate local citizens, policy makers and opinion leaders about market-oriented alternatives to state and local policy challenges.$100
CHURCH OF SAINT VINCENT FERRER NEW YORK, NYIs a Roman Catholic Parish whose members participate in charitable efforts through serving shelters and food pantries. They are also involved in interfaith lobbying for affordable housing in Manhattan.$11,080
DOE FUND INC NEW YORK, NYIs to develop and implement cost-effective, holistic programs that meet the needs of a diverse population working to break the cycles of homelessness, addiction, and criminal recidivism.$5,000
WOUNDED WARRIOR PROJECT JACKSONVILLE, FLTo raise awareness and enlist the public's aid for the needs of injured service members.To help injured service members aid and assist each other. To provide unique, direct programs and services to meet the needs of injured service members.$500
PARALYZED VETERANS OF AMERICA WILTON, NHOur mission is to change lives and build brighter futures for the seriously injured veterans, people with disabilities, and their families so that they have eveything they need to live full and productive lives.$100

Leadership & Key People

Leadership team and compensation from IRS filings

  • Brian G. Kelly - Trustee (12 hours per week, no compensation)
  • Joelle S. Kelly - Trustee (2 hours per week, no compensation)
  • A. Moore - Advisor (15 hours per week, $108,000 annual compensation)

The foundation operates with limited paid staffing.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRIAN G KELLYTrustee12
JOELLE S KELLYTrustee2

Contact Information

Address: 225 Highway 35, Suite 102C Red Bank, NJ 07701

Phone: 732-345-8300

EIN: 26-6139249

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Brian & Joelle Kelly Family Foundation fund?

The foundation provides funding for scholarships and supports a diverse range of charitable activities. Primary funding areas include: • Education • Philanthropy and grantmaking • Human services • Religious support and community outreach • Arts and cultural preservation, particularly Irish heritage • Food security and disaster relief • Religious education and media

How do I apply for a grant from Brian & Joelle Kelly Family Foundation?

**Grant Activity:** • Made 144-148 grants in recent years • Grant range: $100 to $835,834 • Median grant amount: $500-$100 • Average grant amount varies by program **Application Process:** The foundation operates on a preselected basis only and does not accept unsolicited applications for funds. The foundation only makes contributions to preselected charitable organizations. **Recent Grant Examples:** • Notre Dame University Bangladesh Fund Corporation: $433,334 (2024) • Fordham University: (20…

Where does Brian & Joelle Kelly Family Foundation make grants?

The foundation supports organizations across multiple states, with particular activity in: • New Jersey (primary focus area) • New York • District of Columbia • Broader national reach across numerous states including Alaska, California, Florida, Illinois, Maryland, and others

What size grants does Brian & Joelle Kelly Family Foundation award?

In 2024, Brian & Joelle Kelly Family Foundation awarded 135 grants totaling $3.3M — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Brian & Joelle Kelly Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Brian & Joelle Kelly Family Foundation reported a distributable amount of $2.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Brian & Joelle Kelly Family Foundation's EIN?

Brian & Joelle Kelly Family Foundation's EIN (Employer Identification Number) is 26-6139249. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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