Malcolm E Kenney Foundation

Foundation · Grantmaker MAYFIELD HEIGHTS, OH EIN: 81-4216262

Malcolm E Kenney Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAYFIELD HEIGHTS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 7 grants totaling $175K. Net investment income was $86K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.8M

+858.6% YoY

Annual Giving

$175K

+16.3% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$25K

-0.3% YoY

Under IRS private-foundation payout rules, Malcolm E Kenney Foundation reported a distributable amount of $225K for 2024 — the minimum it must pay out in qualifying distributions.

About Malcolm E Kenney Foundation

Based on IRS filings

Malcolm E Kenney Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAYFIELD HEIGHTS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 7 grants totaling $175K. Net investment income was $86K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BeavercreekClevelandCleveland HeightsSouth Euclid

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20202021202220232024
Metric202420232022
Total Assets$6,805,105$709,896$836,660
Revenue$6,299,930$24,639$247,002
Expenses$204,721$151,403$36,108
Qualifying Distributions$174,500$150,000$34,000
Net Investment Income$85,862$24,639$13,002
Distributable Amount$225,259$51,482$40,334

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$87K$131K$175K3 grants20201 grants20211 grants20226 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

GREAT LAKES SCIENCE CENTER$30KCLEVELAND ZOOLOGICAL SOC…$30KPARALLAX ADVANCED RESEARCH$30KOPEN DOORS ACADEMY$25KDAILY DOSE OF READING$20KTHE SALVATION ARMY$20KYMCA OF GREATER CLEVELAND$20K

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Great Lakes Science Center ($30,000), Cleveland Zoological Society ($30,000), Parallax Advanced Research ($29,500).

RecipientPurposeAmount
DAILY DOSE OF READING SOUTH EUCLID, OHPLAY & LEARN PROGRAM EXPANSION$20,000
GREAT LAKES SCIENCE CENTER CLEVELAND, OHROBOTICS INITIATIVE$30,000
CLEVELAND ZOOLOGICAL SOCIETY CLEVELAND, OHEDUCATION PROGRAM TO SUPPORT NORTHEAST OHIO'S CHILDREN$30,000
THE SALVATION ARMY CLEVELAND, OHOPERATING SUPPORT FOR THE YMCA OF GREATER CLEVELAND$20,000
OPEN DOORS ACADEMY CLEVELAND, OHGENERAL OPERATING SUPPORT DURING THE 2024-2025 SCHOOL YEAR AND SUMMER 2025$25,000
PARALLAX ADVANCED RESEARCH BEAVERCREEK, OHGIRLS OF TOMORROW STEM LITERACY PROGRAM$29,500
YMCA OF GREATER CLEVELAND CLEVELAND, OHACTIVITIES AND MEMBERSHIP ASSISTANCE FOR LOW-INCOME AND UNDERSERVED CHILDREN$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CATHERINE G VERESPRESIDENT, DIRECTOR2
MARCIA J WEXBERGSECRETARY, TREASURER, DIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Malcolm E Kenney Foundation?

Malcolm E Kenney Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAYFIELD HEIGHTS, OH. It holds $6.8M in total assets as of 2024.

How large is Malcolm E Kenney Foundation?

As of 2024, Malcolm E Kenney Foundation holds $6.8M in total assets with $6.3M in annual revenue. It awarded 7 grants totaling $175K in 2024.

Where does Malcolm E Kenney Foundation operate?

Malcolm E Kenney Foundation has awarded grants in Ohio.

What size grants does Malcolm E Kenney Foundation award?

In 2024, Malcolm E Kenney Foundation awarded 7 grants totaling $175K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Malcolm E Kenney Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Malcolm E Kenney Foundation reported a distributable amount of $225K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Malcolm E Kenney Foundation's EIN?

Malcolm E Kenney Foundation's EIN (Employer Identification Number) is 81-4216262. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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