The Kimsey Foundation is a private foundation established in 1996 and based in Washington, DC. Founded by James V. Kimsey, co-founder and first chairman of America Online (AOL), the foundation operates with a staff of 2 employees and focuses on educational and cultural initiatives with an emphasis on serving economically disadvantaged youth.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$45.2M
+51.4% YoY
Annual Giving
$945K
+40.4% YoY
Grant Count
44
-20.0% YoY
Avg Grant Size
$21K
+75.6% YoY
Mission & Focus Areas
The Kimsey Foundation is committed to educate, strengthen and serve the world community by:
- Supporting educational and cultural initiatives for young people with an emphasis on the delivery of quality, community-based programs that benefit economically disadvantaged youth
- Building enduring, livable communities at home and abroad
- Alleviating human suffering and facilitating a collective response to conditions that give rise to human tragedy
- Supporting studies that identify global interdependencies and the United States' role as an engaged world leader
The foundation has narrowed its focus to include specific projects that leverage systemic change in public education and community development. The majority of new grants are related to existing partnerships and initiatives.
Grantmaking
The foundation is not currently accepting unsolicited requests. Interested organizations may contact the foundation via email, though responses to individual inquiries cannot be guaranteed due to high volume.
Grant Range
s & Activity:**
Average Grant
amount and median grant amount data available but not specified in sources
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's primary focus is Washington, DC. It also funds initiatives in California and Virginia, and serves the international community through policy research and humanitarian outreach.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $45,189,974
- Total revenues: $2,477,308
- Total expenses: $2,202,817
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $45,189,974 | $29,854,028 | $22,243,824 |
| Revenue | $2,477,308 | $1,608,896 | $1,164,672 |
| Expenses | $2,202,817 | $1,849,415 | $1,988,869 |
| Qualifying Distributions | $1,788,008 | $1,478,085 | $1,800,767 |
| Net Investment Income | $2,113,383 | $1,275,001 | $1,027,922 |
| Distributable Amount | $1,964,820 | $1,335,838 | $1,227,453 |
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
230 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
James V. Kimsey, co-founder and first chairman of America Online (AOL), founded the Kimsey Foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL P KIMSEY | PRESIDENT/DIRECTOR | 15 | — |
| RAYMOND C KIMSEY | SECRETARY/DIRECTOR | 15 | — |
| MARK J KIMSEY | TREASURER/DIRECTOR | 15 | — |
Contact Information
Address: 900 16th Street, NW, Suite 275 Washington, DC 20006
Phone: 202-785-0400
Email: [email protected]
Website: www.kimseyfoundation.org
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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