Daniel and Gloria Kearney Foundation

CHICAGO, IL EIN: 20-0476111

The Daniel and Gloria Kearney Foundation is a private foundation based in Chicago, Illinois, established in 2006. It operates as a 501(c)(3) organization with a focus on philanthropic grantmaking to support various charitable causes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

-1.8% YoY

Annual Giving

$185K

-6.0% YoY

Grant Count

+47.8% YoY

Avg Grant Size

$3K

-36.4% YoY

Under IRS private-foundation payout rules, Daniel and Gloria Kearney Foundation reported a distributable amount of $188K 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's primary purpose is to fund unrestricted grants to charitable organizations. Its grantmaking priorities include:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services

Grantmaking

The foundation provides unrestricted grants to its grantees, allowing organizations flexibility in how funds are deployed.

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is primarily concentrated in:

Illinois
Massachusetts
New York

Grant Distribution by State

Illinois $528K (66%)

Ohio $85K (11%)

Massachusetts $58K (7%)

New York $52K (7%)

Wisconsin $51K (6%)

District of Columbia $9K (1%)

Pennsylvania $6K (1%)

Utah $3K (0%)

+9 more states

States

California District of Columbia Florida Hawaii Idaho Illinois Massachusetts Michigan New Hampshire New Jersey New York Ohio Oregon Pennsylvania Texas Utah Wisconsin

Cities

AieaBeverlyBostonCambridgeChicagoClevelandCranberry TownshipDallasElginEvanstonFalmouthGlencoeGloucesterKetchumLos AngelesLyndeboroughMarbleheadMiamiMilwaukeeNew York

Financial History

Multi-year comparison from IRS filings

As of 2024:

Total assets: $2,586,806
Total giving: $184,745
Total revenues: $154,990
Total expenses: $204,377
Number of employees: 0

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,586,806	$2,635,243	$2,778,126
Revenue	$154,990	$73,173	$156,548
Expenses	$204,377	$215,912	$187,804
Qualifying Distributions	$187,870	$199,475	$172,545
Net Investment Income	$138,483	$56,736	$129,063
Distributable Amount	$188,122	$150,494	$148,112

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

186 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Civic Federation ($35,000), Cleveland Clinic ($30,000), Northwestern Memorial Foundation ($25,000).

Recipient	Purpose	Amount
ADVANCE ILLINOIS CHICAGO, IL	UNRESTRICTED	$1,000
ALZHEIMER'S ASSOCIATION CHICAGO, IL	UNRESTRICTED	$1,000
AMERICAN HEART ASSOCIATION DALLAS, TX	UNRESTRICTED	$500
BIG BROTHERS BIG SISTERS OF WESTCHESTER PORT CHESTER, NY	UNRESTRICTED	$5,000
CAPE ANN MUSEUM GLOUCESTER, MA	UNRESTRICTED	$1,000
CHICAGO BOTANIC GARDEN GLENCOE, IL	UNRESTRICTED	$500
CHICAGO COUNCIL ON GLOBAL AFFAIRS CHICAGO, IL	UNRESTRICTED	$1,000
CHICAGO HISTORY MUSEUM CHICAGO, IL	UNRESTRICTED	$1,000
CHICAGO POLICE MEMORIAL FOUNDATION CHICAGO, IL	UNRESTRICTED	$500
CHICAGO PUBLIC LIBRARY FOUNDATION CHICAGO, IL	UNRESTRICTED	$500

Leadership & Key People

Leadership team and compensation from IRS filings

No specific leadership information is provided in the available sources.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DANIEL P KEARNEY	PRES/TREAS	1	—
GLORIA R KEARNEY	SECRETARY	0.5	—
DANIEL P KEARNEY JR	VICE PRESIDENT	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Daniel and Gloria Kearney Foundation fund?

The foundation's primary purpose is to fund unrestricted grants to charitable organizations. Its grantmaking priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Daniel and Gloria Kearney Foundation?

**Grant Activity:** • Total giving in 2024: $184,745 • Number of grants made in 2024: 12 grants (with an additional 51 grants totaling $162,045, indicating broader grantmaking activity) • Typical award range: $200–$60,000 **Recent Grants (2024):** • The Civic Federation: $35,000 (Unrestricted) • Cleveland Clinic Health Services Professional Association: $30,000 (Unrestricted) • Northwestern Memorial Healthcare / Dekalb Behavioral Health Foundation: $25,000 (Unrestricted) The foundation provides…

Where does Daniel and Gloria Kearney Foundation make grants?

The foundation's grantmaking is primarily concentrated in: • Illinois • Massachusetts • New York

What size grants does Daniel and Gloria Kearney Foundation award?

In 2024, Daniel and Gloria Kearney Foundation awarded 68 grants totaling $185K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Daniel and Gloria Kearney Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Daniel and Gloria Kearney Foundation reported a distributable amount of $188K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Daniel and Gloria Kearney Foundation's EIN?

Daniel and Gloria Kearney Foundation's EIN (Employer Identification Number) is 20-0476111. IRS Form 990 filing data is available on this page for 2020–2024.