Brian and Karen Kelley Foundation

Foundation · Grantmaker Wilmington, DE EIN: 87-3732567

Brian and Karen Kelley Foundation is a private foundation focused on Religion Related, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $160K in total assets. In 2024, it awarded 5 grants totaling $9K. Net investment income was $3K.

Key facts about Brian and Karen Kelley Foundation

EIN: 87-3732567
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $8,704
Grants made (2024): 5
Average grant: $1,741
Median grant: $500
Total assets: $160,292
Primary geography: Delaware (92% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Brian and Karen Kelley Foundation funds

By grant dollars, the top recipient states for Brian and Karen Kelley Foundation's 5 itemized 2024 grants were Delaware (92%) and Texas (6%). The most frequent recipient cities were Wilmington, DE (3 grants). None of its 5 grants with a stated purpose were described as general or operating support.

How Brian and Karen Kelley Foundation gives

In 2024 it paid out 123% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Brian and Karen Kelley Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$160K

+23.0% YoY

Annual Giving

$9K

+7.6% YoY

Grant Count

-28.6% YoY

Avg Grant Size

$2K

+50.6% YoY

Under IRS private-foundation payout rules, Brian and Karen Kelley Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Brian and Karen Kelley Foundation

Based on IRS filings

Focus Areas

Religion Related

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Delaware $8K (92%)

Texas $500 (6%)

Michigan $160 (2%)

Share of all 5 itemized 2024 grant dollars.

States

District of Columbia Delaware Maryland Michigan Pennsylvania Texas

Cities

WilmingtonAustinHillsdaleLandenbergSilver SpringWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$160,292	$130,293	$103,553
Revenue	$39,687	$36,000	$45,000
Expenses	$9,892	$9,260	$4,447
Qualifying Distributions	$8,704	$8,091	$3,150
Net Investment Income	$3,288	—	—
Distributable Amount	$7,095	$6,417	$5,100

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include St Ann Parish ($7,044), Brownstone Institute ($500), Children & Families First ($500).

Recipient	Purpose	Amount
ST ANN PARISH Wilmington, DE	TO SUPPORT RELIGIOUS EDUCATION	$7,044
BROWNSTONE INSTITUTE Austin, TX	TO PROMOTE HUMAN RIGHTS, DEFEND FREE	$500
CHILDREN & FAMILIES FIRST Wilmington, DE	TO SUPPORT A THERAPEUTIC GROUP HOME	$500
CHRISTIANA CARE HEALTH SERVICES INC Wilmington, DE	TO SUPPORT WOMEN & CHILDREN'S HEALTH	$500
HILLSDALE COLLEGE Hillsdale, MI	SUPPORT LIBERAL ARTS COLLEGE STUDENT	$160

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Brian Kelley	President	2	—
Karen Kelley	Secretary	2	—

Subject Areas

Focus areas based on grantmaking activity

Religion Related

Frequently Asked Questions

What is Brian and Karen Kelley Foundation?

Brian and Karen Kelley Foundation is a private foundation focused on Religion Related, based in Wilmington, DE. It holds $160K in total assets as of 2024.

How large is Brian and Karen Kelley Foundation?

As of 2024, Brian and Karen Kelley Foundation holds $160K in total assets with $40K in annual revenue. It awarded 5 grants totaling $9K in 2024.

Where does Brian and Karen Kelley Foundation operate?

Brian and Karen Kelley Foundation has awarded grants in District of Columbia, Delaware, Maryland, Michigan, Pennsylvania, Texas.

What size grants does Brian and Karen Kelley Foundation award?

In 2024, Brian and Karen Kelley Foundation awarded 5 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Brian and Karen Kelley Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Brian and Karen Kelley Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Brian and Karen Kelley Foundation's EIN?

Brian and Karen Kelley Foundation's EIN (Employer Identification Number) is 87-3732567. IRS Form 990 filing data is available on this page for 2021–2024.