Kathleen Kennedy Foundation

Foundation · Grantmaker Boone, NC EIN: 81-3254029

Kathleen Kennedy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boone, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 12 grants totaling $415K. Net investment income was $639K.

Key facts about Kathleen Kennedy Foundation

EIN: 81-3254029
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $414,500
Grants made (2024): 12
Average grant: $34,542
Median grant: $37,500
New grantees (estimate): 17% first-time grantees (2 of 12, 2024)
Total assets: $7,677,634
Primary geography: North Carolina (60% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Kathleen Kennedy Foundation funds

By grant dollars, the top recipient states for Kathleen Kennedy Foundation's 12 itemized 2024 grants were North Carolina (60%) and Florida (40%). The most frequent recipient cities were Boone, NC (7 grants) and Miami, FL (2 grants). None of its 12 grants with a stated purpose were described as general or operating support.

Is Kathleen Kennedy Foundation open to new grantees?

17%

first-time grantees, 2024

In 2024, 2 of 12 grantees (17%) were first-time recipients. First grants averaged $55K; repeat grants $30K. How we count

Medians: $55K first-time, $30K repeat.

75% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (−18%). Method
In 2024 it paid out 129% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.7M

+3.0% YoY

Annual Giving

$415K

-55.0% YoY

Grant Count

-7.7% YoY

Avg Grant Size

$35K

-51.2% YoY

Under IRS private-foundation payout rules, Kathleen Kennedy Foundation reported a distributable amount of $364K for 2024 — the minimum it must pay out in qualifying distributions.

About Kathleen Kennedy Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $250K (60%)

Florida $165K (40%)

Share of all 12 itemized 2024 grant dollars.

States

District of Columbia Florida North Carolina South Carolina

Cities

BooneMiamiDeep GapSouth MiamiMiami LakesCharlestonMiami BeachMiami ShoresNorth MiamiWashingtonWinstomsalem

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,677,634	$7,450,669	$7,379,836
Revenue	$721,500	$477,231	$407,398
Expenses	$560,968	$1,057,117	$923,499
Qualifying Distributions	$469,259	$975,358	$831,721
Net Investment Income	$638,668	$401,047	$320,081
Distributable Amount	$363,619	$359,100	$417,453

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

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

65 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Dranoff International 2 Piano Found ($60,000), High Country Caregivers Foundation ($50,000), Project Dance Foundation ($50,000).

Recipient	Purpose	Amount
DRANOFF INTERNATIONAL 2 PIANO FOUND Miami, FL	SUPPORT PIANO SLAM 2024/2025	$60,000
HIGH COUNTRY CAREGIVERS FOUNDATION Boone, NC	KINSHIP NAVIGATION PROGRAM	$50,000
PROJECT DANCE FOUNDATION Boone, NC	THE CAROLINA SNOWBELLS PROGRAM	$50,000
EDUCATE TOMORROW Miami Shores, FL	ENRICHMENT STUDENT'S PROGRAM	$50,000
WAMY COMMUNITY ACTION INC Boone, NC	SUPPORT OUR STUDENTS SCHOLARSHIP	$50,000
WOMEN'S FUND OF THE BLUE RIDGE Boone, NC	WOMAN'S ISSUES SUPPORT	$45,000
HOSPITALITY HOUSE OF NW N CAROLI Boone, NC	RENOVATION FOR HEALTH INITIATIV WING	$30,000
WOMENS FUND MIAMI-DADE Miami, FL	SUPPORT WOMENS FUND	$30,000
AMOUR DANCE THEATRE South Miami, FL	MENTAL HEALTH SERVICES & INTERVENTIO	$25,000
HIGH COUNTRY SOCCER ASSOCIATION Boone, NC	SCHOLARSHIP PROGRAM	$12,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Kathleen Kennedy-Olsen	Director/Pre	14	$80,000
Amanda Jackson-Willy	Secretary/Tr	1	—
Odd Olsen	Vice Preside	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Kathleen Kennedy Foundation?

Kathleen Kennedy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boone, NC. It holds $7.7M in total assets as of 2024.

How large is Kathleen Kennedy Foundation?

As of 2024, Kathleen Kennedy Foundation holds $7.7M in total assets with $722K in annual revenue. It awarded 12 grants totaling $415K in 2024.

Where does Kathleen Kennedy Foundation operate?

Kathleen Kennedy Foundation has awarded grants in District of Columbia, Florida, North Carolina, South Carolina.

What size grants does Kathleen Kennedy Foundation award?

In 2024, Kathleen Kennedy Foundation awarded 12 grants totaling $415K — an average of about $35K per grant, based on its IRS Form 990 filings.

How much is Kathleen Kennedy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kathleen Kennedy Foundation reported a distributable amount of $364K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.