Donald and Marilyn Keough Foundation

ATLANTA, GA EIN: 58-1709967

Donald and Marilyn Keough Foundation is a private foundation, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $99.3M in total assets. In 2024, it awarded 1 grants totaling $4.2M. Net investment income was $8.3M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$99.3M

+4.1% YoY

Annual Giving

$4.2M

-78.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$4.2M

-78.1% YoY

Under IRS private-foundation payout rules, Donald and Marilyn Keough Foundation reported a distributable amount of $7.5M for 2024 — the minimum it must pay out in qualifying distributions.

About Donald and Marilyn Keough Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $32.6M (68%)

Virginia $15.3M (32%)

States

Georgia Virginia

Cities

AtlantaVarious

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$99,343,443	$95,398,219	$105,530,241
Revenue	$9,109,996	$9,184,130	$19,987,348
Expenses	$5,341,003	$20,250,405	$10,201,708
Qualifying Distributions	$4,520,393	$19,523,204	$9,438,175
Net Investment Income	$8,272,466	$3,471,117	$4,206,926
Distributable Amount	$7,465,130	$7,278,884	$7,319,691

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include 2024 Grants ($4,200,000).

Recipient	Purpose	Amount
2024 GRANTS ATLANTA, GA	SEE ATTACHED STATEMENT	$4,200,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Donald and Marilyn Keough Foundation?

As of 2024, Donald and Marilyn Keough Foundation holds $99.3M in total assets with $9.1M in annual revenue. It awarded 1 grants totaling $4.2M in 2024.

Where does Donald and Marilyn Keough Foundation operate?

Donald and Marilyn Keough Foundation has awarded grants in Georgia, Virginia.

What size grants does Donald and Marilyn Keough Foundation award?

In 2024, Donald and Marilyn Keough Foundation awarded 1 grants totaling $4.2M — an average of about $4.2M per grant, based on its IRS Form 990 filings.

How much is Donald and Marilyn Keough Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Donald and Marilyn Keough Foundation reported a distributable amount of $7.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Donald and Marilyn Keough Foundation's EIN?

Donald and Marilyn Keough Foundation's EIN (Employer Identification Number) is 58-1709967. IRS Form 990 filing data is available on this page for 2020–2024.