Ralph & Helen Kelley Fdn

DALLAS, TX EIN: 04-3042476

The Ralph and Helen Kelley Foundation is a private foundation established in 1989 and based in Dallas, Texas. The foundation operates with a single staff member and focuses primarily on scholarship funding for educational institutions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.8M

+2.6% YoY

Annual Giving

$657K

+7.0% YoY

Grant Count

39

+11.4% YoY

Avg Grant Size

$17K

-3.9% YoY

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

Mission & Focus Areas

The foundation's primary focus is providing scholarships to support students in higher education. The foundation categorizes itself under Private Foundations (NTEE code T20).

Grantmaking

The foundation is an active grantmaker with a scholarship-focused approach. In 2024, the foundation made 39 grants to educational institutions. Recent grant recipients include:

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Geographic Focus

Where this funder awards grants

The foundation supports educational institutions in the Northeast, with documented grants to institutions in Massachusetts.

Grant Distribution by State

19states
+11 more states

Cities

AmherstAnn HarborAnnvilleArlingtonAshlandBaton RougeBeverlyBiddefordBlacksburgBostonBridgewaterBuzzards BayCambridgeChapel HillChicopeeClemsonColchesterColumbusDudleyFitchburg

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $13,765,513
  • Total Revenues: $1,228,118
  • Total Expenses: $894,974
  • Number of Employees: 1

The foundation maintains a diversified investment portfolio including equity funds, bond funds, and exchange-traded funds managed through Bank of America.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$729K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$13,765,513$13,412,555$13,865,046
Revenue$1,228,118$355,393$-419,155
Expenses$894,974$816,459$949,525
Qualifying Distributions$754,720$701,437$774,441
Net Investment Income$1,084,739$205,896$135,365
Distributable Amount$743,951$663,808$691,699

Giving Over Time

Total grant dollars and number of grants per year

$0$172K$343K$515K$686K39 grants202047 grants202142 grants202235 grants202339 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UMASS - AMHERST$113KWORCESTER STATE UNIVERSITY$76KMWCC - MOUNT WACHUSETT C…$76KFITCHBURG STATE UNIVERSITY$73KFRAMINGHAM STATE UNIVERS…$35KSALEM STATE UNIVERSITY$33KUMASS - LOWELL$29KWESTFIELD STATE UNIVERSITY$22KBRIDGEWATER STATE UNIVER…$17KUMASS - DARTMOUTH$17K

Grant Size Distribution

202 grants across all recorded years

185<$50K14$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Bank of America N.A. serves as Managing Director of the foundation.

Compensation Overview

From 2024 IRS filing

BANK OF AMERICATRUSTEE$114KDEBORAH GUSTAFSONCO- TRUSTEE$34KJOHN F BOHMANCO-TRUSTEE$34K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICATRUSTEE1$114,274
JOHN F BOHMANCO-TRUSTEE1$34,062
DEBORAH GUSTAFSONCO- TRUSTEE1$34,063

Related Funders

Similar funders by location and focus area

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

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