Kelley Foundation Inc
Kelley Foundation Inc is a private foundation, based in Mocksville, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 3 grants totaling $36K. Net investment income was $33K.
Kelley Foundation Inc at a glance
In short: Kelley Foundation Inc gave $36K across 3 grants in 2024 (avg $12K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $36,050
- -0.1% vs 2023
- Grants made (2024)
- 3
- -50.0% vs 2023
- Average grant
- $12,017
- +99.7% vs 2023
- Median grant
- $14,000
- Total assets
- $1,985,196
- +7.6% vs 2023
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Kelley Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Young Life ($18K). Together the top 3 received $36K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 22 grants of 22 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Kelley Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−17%). Method
- In 2024 it paid out 60% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2024, annual grant giving ranged from $24K (2022) to $43K (2021). In 2024 it made 3 grants totaling $36K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Young Life Advance, NC | General Operations | $18,050 |
| Green Meadows Baptist Church Mocksville, NC | General Operations | $14,000 |
| Pica Foundation Scholarship Fund Charlotte, NC | General Operations | $4,000 |
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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 | $1,985,196 | $191,526 | $50,159 | $36,050 | 3 | $36,050 | $33,223 | $60,242 |
| 2023 | $1,844,344 | $879,208 | $41,797 | $36,100 | 6 | $36,100 | $13,658 | $47,428 |
| 2022 | $1,007,114 | $48,223 | $25,995 | $24,000 | 4 | $24,000 | $13,040 | $47,495 |
| 2021 | $984,963 | $360,575 | $45,264 | $43,380 | 4 | $43,380 | $5,570 | $50,019 |
| 2020 | $669,913 | $142,075 | $36,835 | $35,150 | 5 | — | $5,894 | $39,740 |
Under IRS private-foundation payout rules, Kelley Foundation Inc reported a distributable amount of $60K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Kelley Foundation Inc is led by Lynne Stapleton Kelley, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lynne Stapleton Kelley
President
On filings since 2020
2 hrs/week
No compensation reported
Philip D. Kelley Jr.
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Kelley Foundation Inc
How much does Kelley Foundation Inc give each year?
Kelley Foundation Inc gave $36K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $36K across 6 grants.
What is Kelley Foundation Inc's typical grant size?
Kelley Foundation Inc's median grant in 2024 was $14,000, and its average grant was $12,017, across 3 grants on its 2024 IRS Form 990-PF.
Where does Kelley Foundation Inc give grants?
Kelley Foundation Inc gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Kelley Foundation Inc give general operating support?
Yes: 100% of Kelley Foundation Inc's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is Kelley Foundation Inc?
Kelley Foundation Inc reported $2.0M in total assets on its 2024 IRS Form 990-PF. It paid out $36K in qualifying distributions that year, against a required minimum of $60K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Kelley Foundation Inc's EIN?
Kelley Foundation Inc's EIN (Employer Identification Number) is 26-1470777. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Kelley Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Kelley Foundation Inc's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Kelley Foundation Inc'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.
Kelley Foundation Inc down — hundreds of funders to go?