Kelly Foundation
Kelly Foundation is a private foundation, based in Wellesley, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $412K in total assets. In 2025, it awarded 5 grants totaling $41K. Net investment income was $16K.
Kelly Foundation at a glance
In short: Kelly Foundation gave $41K across 5 grants in 2025 (avg $8K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $41,000
- +74.5% vs 2024
- Grants made (2025)
- 5
- +25.0% vs 2024
- Average grant
- $8,200
- +39.6% vs 2024
- Median grant
- $10,000
- Total assets
- $412,010
- -6.5% vs 2024
- Primary geography
- Massachusetts (51% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Kelly Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Nantucket Golf Club Foundation ($11K). Together the top 5 received $41K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How Kelly Foundation gives
- In 2025 it paid out 139% of its IRS minimum distribution (the 5% rule). 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 2019 to 2025, annual grant giving ranged from $24K (2024) to $50K (2019). In 2025 it made 5 grants totaling $41K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nantucket Golf Club Foundation Siasconset, MA | Unrestricted | $11,000 |
| College of the Holy Cross Worcester, MA | Unrestricted | $10,000 |
| Academy of Mount Saint Ursula Bronx, NY | Unrestricted | $10,000 |
| Prostate Cancer Foundation Santa Monica, CA | Unrestricted | $5,000 |
| John's Island Foundation Indian River Shores, FL | Unrestricted | $5,000 |
Ready to take the next step with Kelly Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $412,010 | $39,524 | $64,682 | $41,000 | 5 | $41,000 | $15,656 | $29,393 |
| 2024 | $440,856 | $49,368 | $50,502 | $23,500 | 4 | $23,500 | $22,565 | $29,112 |
| 2023 | $430,409 | $37,720 | $63,167 | $40,000 | 3 | $40,000 | $14,464 | $28,952 |
| 2022 | $465,714 | $58,177 | $24,912 | — | — | — | $33,304 | $22,054 |
| 2021 | $432,449 | $11,687 | $42,861 | $25,000 | 1 | — | — | $23,096 |
| 2020 | $463,623 | $15,185 | $47,719 | $25,000 | 1 | — | — | $26,886 |
| 2019 | $496,157 | $50,234 | $79,278 | $50,000 | 1 | — | $19,057 | $27,864 |
Under IRS private-foundation payout rules, Kelly Foundation reported a distributable amount of $29K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Kelly Foundation is led by Christopher Kelly, Trustee on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Christopher Kelly
Trustee
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Kelly Foundation
How much does Kelly Foundation give each year?
Kelly Foundation gave $41K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24K across 4 grants.
What is Kelly Foundation's typical grant size?
Kelly Foundation's median grant in 2025 was $10,000, and its average grant was $8,200, across 5 grants on its 2025 IRS Form 990-PF.
Where does Kelly Foundation give grants?
Kelly Foundation gives mostly in Massachusetts: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (24%) and California (12%).
Does Kelly Foundation give general operating support?
Yes: 100% of Kelly Foundation's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Kelly Foundation's largest grantees?
Kelly Foundation's largest 2025 grantees include Nantucket Golf Club Foundation ($11,000), College of the Holy Cross ($10,000) and Academy of Mount Saint Ursula ($10,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.
How large is Kelly Foundation?
Kelly Foundation reported $412K in total assets on its 2025 IRS Form 990-PF. It paid out $41K in qualifying distributions that year, against a required minimum of $29K (roughly 5% of its investment assets).
What is Kelly Foundation's EIN?
Kelly Foundation's EIN (Employer Identification Number) is 04-6880136. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 15, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 18, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS January 29, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Kelly Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Kelly Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Hill Family Charitable Foundation
Wilmington, DE
The Hill Family Charitable Foundation supports organizations in education, health and medical research, arts and culture, community services, and conservation. Its 2025 grants ranged from $2,500 to $125,000, with a median of $5,000, and went mostly to Massachusetts, with some support in California and Colorado. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.
Assets
$3K
Grants
13
Total Given
$302K
Kapani Family Charitable Foundation
Naples, FL
The Kapani Family Charitable Foundation funds education—including programs, scholarships, and endowments for children ages 3 to 10—as well as scientific research and literary, artistic, and religious causes. In 2024, its 23 grants ranged from $500 to $205,000, with a median of $5,000; giving was concentrated in Washington, DC, Massachusetts, and Colorado. It accepts applications by signed letter, and its 2024 filing lists an October 1 deadline.
Assets
$18.3M
Grants
23
Total Given
$820K
Bruce and Deborah Duncan Foundation
Naples, FL
The Bruce and Deborah Duncan Foundation supports a broad range of policy, religious, conservation, arts, education, and health-related organizations, with 2025 grants typically around $20,000 (median; awards ranged from $5,000 to $675,000). It is based in Naples, Florida, and recent grants went mainly to organizations in Washington, DC, and Florida, as well as Massachusetts, Illinois, and California. It accepts requests by letter, with no standard application form or deadline.
Assets
$44.3M
Grants
36
Total Given
$1.5M
The Robert and Michelle Cooke Atchinson
Winchester, MA
The Robert and Michelle Cooke Atchinson supports medical research, schools, youth programs, reproductive health care, and community services, primarily in Massachusetts, with some funding in Rhode Island. Its 2024 grants ranged from $1,000 to $2.25 million, with a median of $25,000. It does not accept unsolicited requests and funds only preselected organizations.
Assets
$131.5M
Grants
58
Total Given
$6.3M
Alexander Von Summer Family Foundation
Paramus, NJ
Assets
$14K
Grants
4
Total Given
$10K
Charles N Mathewson Foundation
Reno, NV
Assets
—
Grants
5
Total Given
$278K
More similar funders
More Funders in Massachusetts
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Kelly Foundation'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.
Kelly Foundation down — hundreds of funders to go?