Kathleen and David Kennedy Foundation
Kathleen and David Kennedy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE FOREST, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $476K in total assets. In 2024, it awarded 19 grants totaling $239K. Net investment income was $167K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$476K
-13.7% YoY
Annual Giving
$239K
-9.3% YoY
Grant Count
19
-9.5% YoY
Avg Grant Size
$13K
+0.3% YoY
Under IRS private-foundation payout rules, Kathleen and David Kennedy Foundation reported a distributable amount of $89K for 2024 — the minimum it must pay out in qualifying distributions.
About Kathleen and David Kennedy Foundation
Based on IRS filings
Kathleen and David Kennedy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE FOREST, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $476K in total assets. In 2024, it awarded 19 grants totaling $239K. Net investment income was $167K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $476,306 | $551,856 | $610,387 |
| Revenue | $170,652 | $214,171 | $155,365 |
| Expenses | $242,845 | $265,975 | $253,340 |
| Qualifying Distributions | $242,845 | $265,975 | $253,340 |
| Net Investment Income | $167,057 | $211,950 | $152,775 |
| Distributable Amount | $88,744 | $75,453 | $85,960 |
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
93 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Loyola Academy ($31,250), Tunnel to Towers ($25,000), Greater Chicago Food Depositary ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| KELLOGG SCHOOL OF MANAGEMENT EVANSTON, IL | Education | $20,000 |
| ST MARY'S CHURCH LAKE FOREST, IL | Religious | $10,000 |
| ST PAULS CATHOLIC STUDENT CTR MADISON, WI | Religious | $1,000 |
| COLLEGE OF LOYOLA UN CHGO CHICAGO, IL | Education | $10,000 |
| BOYS HOPE GIRLS HOPE WILMETTE, IL | educational | $5,000 |
| BY THE HAND CLUBS FOR KIDS CHICAGO, IL | rovide Assistance | $4,000 |
| SMILE TRAIN ORG NEW YORK, NY | Medical | $20,000 |
| CATHOLIC CHARITIES CHICAGO, IL | Religious | $20,000 |
| LUMEN CHRISTIAN URBANA, IL | Religious | $2,000 |
| TUNNEL TO TOWERS STATEN ISLAND, NY | Charitable - general | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID KENNEDY | President | 5 | — |
| KATHLEEN KENNEDY | Vice President | 5 | — |
| ROSEMARY DOWDLE | Vice President | — | — |
| LAURETTA MULHOLLAND | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kathleen and David Kennedy Foundation?
Kathleen and David Kennedy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE FOREST, IL. It holds $476K in total assets as of 2024.
How large is Kathleen and David Kennedy Foundation?
As of 2024, Kathleen and David Kennedy Foundation holds $476K in total assets with $171K in annual revenue. It awarded 19 grants totaling $239K in 2024.
Where does Kathleen and David Kennedy Foundation operate?
Kathleen and David Kennedy Foundation has awarded grants in Arizona, Illinois, New York, Oregon, Pennsylvania, Wisconsin.
What size grants does Kathleen and David Kennedy Foundation award?
In 2024, Kathleen and David Kennedy Foundation awarded 19 grants totaling $239K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Kathleen and David Kennedy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kathleen and David Kennedy Foundation reported a distributable amount of $89K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kathleen and David Kennedy Foundation's EIN?
Kathleen and David Kennedy Foundation's EIN (Employer Identification Number) is 26-1292997. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Kathleen and David Kennedy Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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