George D Kennedy and Valerie P Kennedy Charitable Trust
George D Kennedy and Valerie P Kennedy Charitable Trust is a private foundation, based in Chicago, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $337K in total assets. In 2024, it made $9K in qualifying distributions. Net investment income was $14K.
George D Kennedy and Valerie P Kennedy Charitable Trust at a glance
- Total assets
- $337,430
- +1.5% vs 2023
- Revenue (2024)
- $13,879
- -93.0% vs 2023
- Qualifying distributions (2024)
- $8,759
- -99.9% vs 2023
- Expenses (2024)
- $8,759
- -99.9% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who George D Kennedy and Valerie P Kennedy Charitable Trust funds
How this funder distributes its grants
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 3 grants of 7 (43%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How George D Kennedy and Valerie P Kennedy Charitable Trust gives
- Giving grew 110809% from 2020 to 2023. Method
- In 2024 it paid out 409% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $135 (2022) to $6.1M (2023). In 2023 it made 4 grants totaling $6.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Williams College Williamstown, MA | Program Support | $3,000,000 |
| Ann and Robert H Lurie Children's Hospital Chicago, IL | Program Support | $2,000,000 |
| Sand County Foundation Madison, WI | Program Support | $1,000,000 |
| Norman Rockwell Museum Stockbridge, MA | Museum Support | $100,000 |
Ready to take the next step with George D Kennedy and Valerie P Kennedy Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $337,430 | $13,879 | $8,759 | — | — | $8,759 | $13,879 | $2,139 |
| 2023 | $332,310 | $197,563 | $6,106,966 | $6,100,000 | 4 | $6,106,966 | $83,049 | $150,661 |
| 2022 | $6,251,580 | $6,233,323 | $2,935 | $135 | 1 | $1,535 | $22,137 | $38,287 |
| 2021 | $21,192 | — | $2,580 | $800 | 1 | $1,690 | — | $1,047 |
| 2020 | $22,972 | $9 | $8,030 | $5,500 | 1 | — | $9 | $1,111 |
| 2019 | $20,993 | $3,060 | $1,500 | — | — | — | $10 | $1,034 |
Under IRS private-foundation payout rules, George D Kennedy and Valerie P Kennedy Charitable Trust reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
George D Kennedy and Valerie P Kennedy Charitable Trust's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Timothy C. Kennedy
Trustee
On filings since 2019
1 hr/week
No compensation reported
Valerie P. Kennedy
Trustee
On filings since 2019
1 hr/week
No compensation reported
Former officers (1)
- Former: George D. Kennedy (2019–2022) — Trustee
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about George D Kennedy and Valerie P Kennedy Charitable Trust
How large is George D Kennedy and Valerie P Kennedy Charitable Trust?
George D Kennedy and Valerie P Kennedy Charitable Trust reported $337K in total assets on its 2024 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
Where does George D Kennedy and Valerie P Kennedy Charitable Trust operate?
George D Kennedy and Valerie P Kennedy Charitable Trust has awarded grants in Illinois, Massachusetts, Wisconsin.
What is George D Kennedy and Valerie P Kennedy Charitable Trust's EIN?
George D Kennedy and Valerie P Kennedy Charitable Trust's EIN (Employer Identification Number) is 36-7014327. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 24, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 29, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 6, 2025)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in George D Kennedy and Valerie P Kennedy Charitable Trust's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Illinois
The Allayne and Douglas Wick Foundation
Gates Mills, OH
The foundation’s 2025 grants supported charitable organizations in areas including food assistance, education, health and mental health, arts and culture, and historic preservation, with most funding going to Ohio and smaller shares to Massachusetts, New Hampshire, New York, and North Carolina. It made 59 grants totaling $383,677; awards ranged from $500 to $252,677, with a median of $1,500. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$695K
Grants
59
Total Given
$384K
John Roach Trust Fund
Chicago, IL
The John Roach Trust Fund supports a range of charitable organizations, with recent grants listed for education, health, human services, and community programs. Its 2025 grants were typically $34,245 each and went mainly to New York organizations, with others in Massachusetts, Pennsylvania, New Jersey, and Washington, DC. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$8.3M
Grants
14
Total Given
$479K
Per Jacobsson Foundation
Washington, DC
Assets
$450K
Grants
1
Total Given
$25K
Community Foundation of Tompkins County Inc
Ithaca, NY
The foundation funds flexible operating support and other grants for organizations serving Tompkins County, with interests including equity, racial and social justice, community resilience, and organizational capacity. Its 2025 grants ranged from $5,200 to $145,272, with a median of $11,000; the 2026 regular-cycle grants offered up to $15,000. Unsolicited off-cycle requests are not accepted: applicants must first consult foundation staff and receive an invitation to apply.
Assets
$31.9M
Grants
115
Total Given
$2.1M
Greenaway Foundation
Stamford, CT
Assets
$175K
Grants
3
Total Given
$54K
Rosalie Conte Foundation
Memphis, TN
The Rosalie Conte Foundation funds educational institutions, with 2025 grants ranging from $1,000 to $18,000 and a median of $4,000. Recent grants went to organizations in Massachusetts, Tennessee, New York, and New Hampshire. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$3.8M
Grants
11
Total Given
$68K
More similar funders
More Funders in Illinois
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from George D Kennedy and Valerie P Kennedy Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
George D Kennedy and Valerie P Kennedy Charitable Trust down — hundreds of funders to go?