Kelly Charitable Trust

Foundation · Grantmaker Paola, KS EIN: 26-4060029

Kelly Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Paola, KS. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $1.4M in total assets. In 2026, it awarded 4 grants totaling $53K. Net investment income was $117K.

Key facts about Kelly Charitable Trust

In short: Kelly Charitable Trust gave $53K across 4 grants in 2026 (avg $13K), mostly in Kansas. Source: 2026 IRS Form 990-PF.

EIN
26-4060029
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$53,178
Grants made (2026)
4
Average grant
$13,295
Median grant
$7,028
Total assets
$1,367,312
Primary geography
Kansas (100% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$1.4M

+3.7% YoY

Annual Giving

$53K

+5.8% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$13K

+32.3% YoY

Under IRS private-foundation payout rules, Kelly Charitable Trust reported a distributable amount of $69K for 2026 — the minimum it must pay out in qualifying distributions.

How Kelly Charitable Trust gives

  • Giving held roughly steady from 2023 to 2026 (−16%). Method
  • In 2026 it paid out 97% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 4 itemized 2026 grant dollars.

States

Cities

PaolaOsawatomieLacygneFort ScottLouisburgOverland Park

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grants20214 grants20222 grants20237 grants20245 grants20254 grants2026

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2026

Usd # 416 Louisburg Public Schools: $35KUsd # 416 Louisburg PublicSchools$35KMy Father's House Community Services Inc: $10KMy Father's House CommunityServices Inc$10KPrairie View Educational Foundation: $5KPrairie View EducationalFoundation$5KOsawatomie Partners in Education Inc: $4KOsawatomie Partners inEducation Inc$4K

Grant Size Distribution

22 grants across all recorded years

21<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
USD # 416 LOUISBURG PUBLIC SCHOOLS Louisburg, KSSCOREBOARDS$35,122
MY FATHER'S HOUSE COMMUNITY SERVICES INC Paola, KSHUD MATCHING FUNDS$9,515
PRAIRIE VIEW EDUCATIONAL FOUNDATION Lacygne, KSCLASSROOM SUPPLIES$4,541
OSAWATOMIE PARTNERS IN EDUCATION INC Osawatomie, KSTEACHER GRANTS$4,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K202120222023202420252026
Metric202620252024
Total Assets$1,367,312$1,318,983$1,293,588
Revenue$130,715$102,106$57,840
Expenses$82,386$77,396$75,711
Qualifying Distributions$66,464$63,016$61,382
Net Investment Income$116,562$88,428$48,531
Distributable Amount$68,849$65,860$62,480

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 14, 2026)
  2. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Kelly Charitable Trust's only listed officer is First Option Bank, Trustee on every filing since 2021 (compensated).

Officers on the 2026 filing

  • First Option Bank

    Trustee

    On filings since 2021

    0.5 hrs/week

    $25K (2021) → $25K (2026)

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

First Option Bank — Trustee: $25KFirst Option BankTrustee$25K

Frequently asked questions about Kelly Charitable Trust

How much does Kelly Charitable Trust give each year?

Kelly Charitable Trust gave $53K across 4 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $50K across 5 grants.

What is Kelly Charitable Trust's typical grant size?

Kelly Charitable Trust's median grant in 2026 was $7,028, and its average grant was $13,295, across 4 grants on its 2026 IRS Form 990-PF.

Where does Kelly Charitable Trust give grants?

Kelly Charitable Trust gives mostly in Kansas: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there.

Does Kelly Charitable Trust give general operating support?

Not in 2026: none of the 4 grants with a stated purpose on Kelly Charitable Trust's 2026 IRS Form 990-PF were described as general or operating support.

How large is Kelly Charitable Trust?

Kelly Charitable Trust reported $1.4M in total assets on its 2026 IRS Form 990-PF. It paid out $66K in qualifying distributions that year, against a required minimum of $69K (roughly 5% of its investment assets).

What is Kelly Charitable Trust?

Kelly Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Paola, KS. It holds $1.4M in total assets as of 2026.

What is Kelly Charitable Trust's EIN?

Kelly Charitable Trust's EIN (Employer Identification Number) is 26-4060029. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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