Joy & Thomas Kealey Foundation
Joy & Thomas Kealey Foundation is a private foundation, based in Boise, ID. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $462K in total assets. In 2025, it awarded 3 grants totaling $32K. Net investment income was $23K.
Key facts about Joy & Thomas Kealey Foundation
- EIN
- 36-3487888
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $32,475
- Grants made (2025)
- 3
- Average grant
- $10,825
- Median grant
- $5,000
- Total assets
- $462,323
- Primary geography
- Idaho (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Joy & Thomas Kealey Foundation funds
By grant dollars, the top recipient states for Joy & Thomas Kealey Foundation's 3 itemized 2025 grants were Idaho (100%). The most frequent recipient cities were Boise, ID (2 grants). 100% of grants with a stated purpose were for general or operating support.
How Joy & Thomas Kealey Foundation gives
- Giving grew 91% from 2022 to 2025. Method
- In 2025 it paid out 149% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Joy & Thomas Kealey Foundation
- How to evaluate Joy & Thomas Kealey Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Joy & Thomas Kealey Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$462K
+6.2% YoY
Annual Giving
$32K
+70.9% YoY
Grant Count
3
-75.0% YoY
Avg Grant Size
$11K
+583.7% YoY
Under IRS private-foundation payout rules, Joy & Thomas Kealey Foundation reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.
About Joy & Thomas Kealey Foundation
Based on IRS filings
Joy & Thomas Kealey Foundation is a private foundation, based in Boise, ID. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $462K in total assets. In 2025, it awarded 3 grants totaling $32K. Net investment income was $23K.
Ready to take the next step with Joy & Thomas Kealey Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $462,323 | $435,224 | $383,132 |
| Revenue | $24,683 | $19,400 | $13,679 |
| Expenses | $34,171 | $20,737 | $19,845 |
| Qualifying Distributions | $32,475 | $19,000 | $17,950 |
| Net Investment Income | $22,987 | $17,663 | $12,346 |
| Distributable Amount | $21,779 | $19,608 | $17,820 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Boise State University Foundation ($24,475), St Lukes Foundation ($5,000), Sun Valley Music Festival ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOISE STATE UNIVERSITY FOUNDATION Boise, ID | GENERAL SUPPORT | $24,475 |
| ST LUKES FOUNDATION Boise, ID | GENERAL SUPPORT | $5,000 |
| SUN VALLEY MUSIC FESTIVAL Ketchum, ID | GENERAL SUPPORT | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joy M Kealey | Treasurer | 1 | — |
| Thomas F Kealey | President | 1 | — |
| Robert May | Director | 1 | — |
| Harris Kealey | Director | 1 | — |
Frequently Asked Questions
How large is Joy & Thomas Kealey Foundation?
As of 2025, Joy & Thomas Kealey Foundation holds $462K in total assets with $25K in annual revenue. It awarded 3 grants totaling $32K in 2025.
Where does Joy & Thomas Kealey Foundation operate?
Joy & Thomas Kealey Foundation has awarded grants in California, Idaho, Indiana, Massachusetts, Minnesota, New York, Wisconsin.
What size grants does Joy & Thomas Kealey Foundation award?
In 2025, Joy & Thomas Kealey Foundation awarded 3 grants totaling $32K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Joy & Thomas Kealey Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Joy & Thomas Kealey Foundation reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joy & Thomas Kealey Foundation's EIN?
Joy & Thomas Kealey Foundation's EIN (Employer Identification Number) is 36-3487888. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Joy & Thomas Kealey Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Idaho Community Foundation Inc
Boise, ID
Assets
$260.6M
Grants
348
Total Given
$12.8M
Idaho Power Foundation Inc
Boise, ID
Assets
$4.7M
Grants
78
Total Given
$260K
J R Simplot Company Foundation Inc
Boise, ID
Assets
$74.1M
Grants
134
Total Given
$3.0M
First Interstate BancSystem Foundation
Billings, MT
Assets
$20.3M
Grants
758
Total Given
$4.8M
St Luke's Health System Ltd
Boise, ID
Assets
$1.7B
Grants
125
Total Given
$7.9M
Lamb Weston Charitable Foundation
Eagle, ID
Assets
$12.9M
Grants
11
Total Given
$1.3M
Percival Stern Foundation
Garden City, ID
Assets
$1.1M
Grants
39
Total Given
$77K
Blue Cross of Idaho Foundation for
Meridian, ID
Assets
$80.7M
Grants
282
Total Given
$4.1M
Laura Moore Cunningham Foundation Inc
McCall, ID
Assets
$34.4M
Grants
124
Total Given
$5.1M
The Pesky Family Foundation Inc
Boise, ID
Assets
$7.1M
Grants
84
Total Given
$529K
Enterprise Holdings Foundation
Saint Louis, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in Idaho
Data last updated September 2026. Sourced from IRS Form 990-PF filings.