Kelsey Research Foundation
Kelsey Research Foundation (KRF) was founded in 1956 for the purpose of encouraging and assisting research and education programs in the field of medicine.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.5M
+0.3% YoY
Revenue
$3.6M
-1.5% YoY
Net Investment Income
$560K
-28.1% YoY
Expenses
$3.7M
+33.4% YoY
About Kelsey Research Foundation
Based on IRS filings
Kelsey Research Foundation is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.5M in total assets. Net investment income was $560K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,484,334 | $10,456,386 | $9,706,530 |
| Revenue | $3,591,902 | $3,647,155 | $2,811,248 |
| Expenses | $3,723,915 | $2,791,490 | $2,419,840 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $559,620 | $777,998 | $281,978 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jonathan Nelson MD | Chair | 0.5 | — |
| Robert Weir Kelsey | Vice Chair | 0.25 | — |
| Herbert DuPont MD | Chief Scientific Officer | 20 | $124,622 |
| Michael Newmark MD | Medical Director | 4 | — |
| Ashley Alexander | President and CEO | 50 | $225,497 |
| John Wilson Kelsey | Chair Emeritus | 0.25 | — |
| Donald Aga MD | Member | 0.25 | — |
| Spencer Berthelsen MD | Member | 0.25 | — |
| Cherise Conley-Harvey MD | Member | 0.25 | — |
| Benjamin Dillon MD | Member | 0.25 | — |
| William Kelsey | Member | 0.25 | — |
| Tony Lin MD | Member | 0.25 | — |
| John Lyle | Member | 0.5 | — |
| Ron Millard | Member | 0.25 | — |
| Amanda Mount | Member | 0.5 | — |
| Jeffrey Parsons | Member | 0.25 | — |
| Sunil Patel MD | Member | 0.25 | — |
| Victor Simms MD | Member | 0.25 | — |
| Victoria Smith | Member | 0.5 | — |
| Ned Snyder MD | Member | 0.25 | — |
| Katherine Stacy | Member | 0.25 | — |
| Keith Williams | Member | 0.25 | — |
| Tara McNeill | Senior Director, Dev & Comms | 40 | $161,564 |
| John Valenta | Senior Director, Research | 40 | $146,467 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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