Kennedy-ries Family Foundation

Foundation · Grantmaker SEATTLE, WA EIN: 47-5654237

The Kennedy-Ries Family Foundation is a private foundation based in Seattle, Washington. Incorporated on November 30, 2015, it operates as a Washington nonprofit corporation with perpetual duration. The foundation is governed by two governors: Melissa Ries and Patrick F Kennedy.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.0M

+0.1% YoY

Annual Giving

$678K

-23.7% YoY

Grant Count

+17.6% YoY

Avg Grant Size

$34K

-35.1% YoY

Under IRS private-foundation payout rules, Kennedy-ries Family Foundation reported a distributable amount of $694K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation does not maintain a published mission statement. However, based on recent grantmaking activity, the foundation supports education, philanthropy and voluntarism, and human services.

Grantmaking

The foundation maintains total assets of $12,013,285 as of 2024. Annual giving totals $677,500, with typical awards ranging from $2,500 to $250,000.

Grant Range

& Activity**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Washington, California, and Pennsylvania.

Grant Distribution by State

Washington $2.5M (80%)

New Hampshire $250K (8%)

New York $160K (5%)

California $125K (4%)

District of Columbia $25K (1%)

North Carolina $25K (1%)

Pennsylvania $25K (1%)

Maryland $15K (0%)

+2 more states

States

Arizona California District of Columbia Maryland North Carolina New Hampshire New York Pennsylvania Texas Washington

Cities

BellinghamChevy ChaseDallasDevonHanoverLos GatosNew YorkPhoenixRaleighSeattleTacomaWashington

Financial History

Multi-year comparison from IRS filings

2024 Financial Summary

Metric	Amount
Total Assets	$12,013,285
Total Revenues	$763,903
Total Expenses	$752,617
Total Giving	$677,500
Investment Income & Dividends	$216,587
Net Gain from Sale of Non-Inventory Assets	$547,316

Staffing

The foundation operates with zero employees.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,013,285	$12,001,999	$12,010,099
Revenue	$763,903	$926,003	$198,857
Expenses	$752,617	$934,103	$662,257
Qualifying Distributions	$680,750	$890,550	$607,500
Net Investment Income	$717,114	$882,450	$201,977
Distributable Amount	$693,952	$628,464	$666,695

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

86 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include 5th Avenue Theatre Association ($115,000), Recovery Cafe ($50,000), Plymouth Housing Group ($50,000).

Recipient	Purpose	Amount
SEATTLE ART MUSEUM SEATTLE, WA	GENERAL SUPPORT	$10,000
5TH AVENUE THEATRE ASSOCIATION SEATTLE, WA	GENERAL SUPPORT	$115,000
WATER 1ST INTERNATIONAL SEATTLE, WA	GENERAL SUPPORT	$25,000
RECOVERY CAFE SEATTLE, WA	GENERAL PURPOSES	$50,000
VENTURES SEATTLE, WA	GENERAL PURPOSES	$10,000
PLYMOUTH HOUSING GROUP SEATTLE, WA	GENERAL PURPOSES	$50,000
AGROS INTERNATIONAL SEATTLE, WA	GENERAL SUPPORT	$50,000
DEVON PREPARATORY SCHOOL DEVON, PA	GENERAL SUPPORT	$25,000
CHIEF SEATTLE CLUB SEATTLE, WA	GENERAL PURPOSES	$25,000
NORTHWEST LITERACY FOUNDATION SEATTLE, WA	GENERAL SUPPORT	$2,500

Leadership & Key People

Leadership team and compensation from IRS filings

Melissa Ries — Governor
Patrick F Kennedy — Governor (Registered Agent)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PATRICK F KENNEDY	CO-PRESIDENT/SECRETARY	2	—
MARY MELISSA RIES	CO-PRESIDENT	2	—
RUTH M VERHOFF	TREASURER	2	—

Contact Information

Address: 602 36th Ave E, Seattle, WA 98112-4316

Phone: 206-356-0072

Email: pat.kennedy@hawthornret.com

EIN: 47-5654237

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Kennedy-ries Family Foundation fund?

The foundation does not maintain a published mission statement. However, based on recent grantmaking activity, the foundation supports education, philanthropy and voluntarism, and human services.

How do I apply for a grant from Kennedy-ries Family Foundation?

**Grant Size & Activity** The foundation maintains total assets of $12,013,285 as of 2024. Annual giving totals $677,500, with typical awards ranging from $2,500 to $250,000. **Recent Grants (2024)** The foundation made six grants in 2024, including: • 5th Avenue Theatre Association: $115,000 (General Support) • Agros: $50,000 (General Support) • Jubilee Women's Center: $50,000 (Purchase and Renovation of the Maxwell House; Remaining Funds for General Purposes) Additional grants were made to ot…

Where does Kennedy-ries Family Foundation make grants?

The foundation primarily funds organizations in Washington, California, and Pennsylvania.

What size grants does Kennedy-ries Family Foundation award?

In 2024, Kennedy-ries Family Foundation awarded 20 grants totaling $678K — an average of about $34K per grant, based on its IRS Form 990 filings.

How much is Kennedy-ries Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kennedy-ries Family Foundation reported a distributable amount of $694K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Kennedy-ries Family Foundation's EIN?

Kennedy-ries Family Foundation's EIN (Employer Identification Number) is 47-5654237. IRS Form 990 filing data is available on this page for 2020–2024.