Kern Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ERIE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 7 grants totaling $365K. Net investment income was $130K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
-5.0% YoY
Annual Giving
$365K
+37.8% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$52K
+77.2% YoY
Under IRS private-foundation payout rules, Kern Family Foundation Inc reported a distributable amount of $414K for 2024 — the minimum it must pay out in qualifying distributions.
About Kern Family Foundation Inc
Based on IRS filings
Kern Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ERIE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 7 grants totaling $365K. Net investment income was $130K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,615,477 | $3,804,299 | $4,141,830 |
| Revenue | $329,194 | $291,821 | $224,027 |
| Expenses | $366,491 | $270,588 | $150,825 |
| Qualifying Distributions | $364,925 | $264,771 | $150,000 |
| Net Investment Income | $129,957 | $44,342 | $141,797 |
| Distributable Amount | $413,900 | $300,961 | $284,637 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way ($275,000), Erie Together ($20,000), Emmaus Soup Kitchen ($18,925).
| Recipient | Purpose | Amount |
|---|---|---|
| HOPE ON HORSEBACK WATERFORD, PA | UNRESTRICTED CONTRIBUTION | $10,000 |
| EMMAUS SOUP KITCHEN ERIE, PA | UNRESTRICTED CONTRIBUTION | $18,925 |
| NEIGHBORHOOD HEALTH CLINIC NAPLES, FL | UNRESTRICTED CONTRIBUTION | $11,000 |
| ST MATTHEW'S HOUSE NAPLES, FL | UNRESTRICTED CONTRIBUTION | $15,000 |
| ERIE TOGETHER ERIE, PA | UNRESTRICTED CONTRIBUTION | $20,000 |
| MLK CENTER ERIE, PA | UNRESTRICTED CONTRIBUTION | $15,000 |
| UNITED WAY ERIE, PA | UNRESTRICTED CONTRIBUTION | $275,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRUCE KERN SR | PRESIDENT | — | — |
| NANCY R KERN | DIRECTOR | — | — |
| B SCOTT KERN | SECRETARY | — | — |
| C BRUCE KERN II | TREASURER | — | — |
| BONNIE KERN | DIRECTOR | — | — |
| AMY C KERN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kern Family Foundation Inc?
Kern Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ERIE, PA. It holds $3.6M in total assets as of 2024.
How large is Kern Family Foundation Inc?
As of 2024, Kern Family Foundation Inc holds $3.6M in total assets with $329K in annual revenue. It awarded 7 grants totaling $365K in 2024.
Where does Kern Family Foundation Inc operate?
Kern Family Foundation Inc has awarded grants in Florida, Massachusetts, Pennsylvania.
What size grants does Kern Family Foundation Inc award?
In 2024, Kern Family Foundation Inc awarded 7 grants totaling $365K — an average of about $52K per grant, based on its IRS Form 990 filings.
How much is Kern Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kern Family Foundation Inc reported a distributable amount of $414K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kern Family Foundation Inc's EIN?
Kern Family Foundation Inc's EIN (Employer Identification Number) is 20-3330559. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Kern Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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