Matthew Kelly Residuary Trust
Matthew Kelly Residuary Trust is a private foundation, based in NOVATO, CA. IRS filing data is available from 2022 through 2023. As of 2023, the organization holds $6.9M in total assets. In 2023, it awarded 1 grants totaling $5.4M. Net investment income was $2.8M.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$6.9M
-18.1% YoY
Annual Giving
$5.4M
+248.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$5.4M
+248.4% YoY
Under IRS private-foundation payout rules, Matthew Kelly Residuary Trust reported a distributable amount of $525K for 2023 — the minimum it must pay out in qualifying distributions.
About Matthew Kelly Residuary Trust
Based on IRS filings
Matthew Kelly Residuary Trust is a private foundation, based in NOVATO, CA. IRS filing data is available from 2022 through 2023. As of 2023, the organization holds $6.9M in total assets. In 2023, it awarded 1 grants totaling $5.4M. Net investment income was $2.8M.
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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 | 2023 | 2022 |
|---|---|---|
| Total Assets | $6,897,167 | $8,422,250 |
| Revenue | $2,920,806 | $2,106,026 |
| Expenses | $5,516,419 | $1,689,017 |
| Qualifying Distributions | $5,400,000 | $1,550,000 |
| Net Investment Income | $2,804,387 | $1,967,009 |
| Distributable Amount | $524,873 | $485,055 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2023
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Matthew Kelly Famimly Foundation Co Ghirardo Cpa ($5,400,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MATTHEW KELLY FAMIMLY FOUNDATION CO GHIRARDO CPA NOVATO, CA | TO SUPPORT THE PROGRAMS OF THE CHARITY. | $5,400,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES CROCKER III | DIRECTOR | 2 | — |
| MATTHEW B KELLY | PRESIDENT | 2 | — |
| MARY KELLY | DIRECTOR | 2 | — |
| CHARLES MCGETTIGAN | DIRECTOR | 2 | — |
| CONRAD DONNER | SECRETARY | 2 | — |
Frequently Asked Questions
How large is Matthew Kelly Residuary Trust?
As of 2023, Matthew Kelly Residuary Trust holds $6.9M in total assets with $2.9M in annual revenue. It awarded 1 grants totaling $5.4M in 2023.
Where does Matthew Kelly Residuary Trust operate?
Matthew Kelly Residuary Trust has awarded grants in California.
What size grants does Matthew Kelly Residuary Trust award?
In 2023, Matthew Kelly Residuary Trust awarded 1 grants totaling $5.4M — an average of about $5.4M per grant, based on its IRS Form 990 filings.
How much is Matthew Kelly Residuary Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Matthew Kelly Residuary Trust reported a distributable amount of $525K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Matthew Kelly Residuary Trust's EIN?
Matthew Kelly Residuary Trust's EIN (Employer Identification Number) is 90-6303656. IRS Form 990 filing data is available on this page for 2022–2023.
Explore Open Grants
Browse active grant opportunities in Matthew Kelly Residuary Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.