The Kean Foundation Inc
THE KEAN FOUNDATION INC is a private foundation based in Parsippany, New Jersey. Its 2025 filing reports grants to charitable organizations, including organizations in New Jersey, New Hampshire, and New York, as well as recipients in other states.
Key facts about The Kean Foundation Inc
In short: The Kean Foundation Inc gave $445K across 111 grants in 2025 (avg $4K), top state New Jersey. 14% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 22-3697400
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $444,566
- Grants made (2025)
- 111
- Average grant
- $4,005
- Median grant
- $1,000
- New grantees (estimate)
- 14% first-time grantees (15 of 111, 2025)
- Total assets
- $3,453,863
- Primary geography
- New Jersey (38% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.5M
+2.2% YoY
Annual Giving
$445K
+45.0% YoY
Grant Count
111
+0.0% YoY
Avg Grant Size
$4K
+45.0% YoY
Under IRS private-foundation payout rules, The Kean Foundation Inc reported a distributable amount of $445K for 2025 — the minimum it must pay out in qualifying distributions.
Is The Kean Foundation Inc open to new grantees?
14%
first-time grantees, 2025
In 2025, 15 of 111 grantees (14%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count
Medians: $1K first-time, $1K repeat.
- 83% of 2025 grantees were also funded in 2024. Method
- Giving grew 56% from 2022 to 2025. Method
- In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for THE KEAN FOUNDATION INC is provided in the available information. Its 2025 grants show support for organizations working in areas including food assistance, health care, environmental protection, theatre, youth outreach, and wildlife conservation.
For example, Community Food Bank of New Jersey describes its work as addressing hunger and its root causes in New Jersey. The Foundation for Morristown Medical Center says it uses philanthropy to advance patient care, clinical research, education, and preventive medicine. Environmental Defense Fund describes its mission as preserving natural systems, while George Street Playhouse says it enriches people’s lives through theatre and education programs. These are the recipient organizations’ stated missions, not a stated mission of the foundation.
Grantmaking
In 2025, the foundation awarded 111 grants totaling $444,566. Grants ranged from $100 to $100,000, with a median grant of $1,000.
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Geographic Focus
Where this funder awards grants
In 2025, 38% of grant dollars went to recipients in New Jersey, 23% to New Hampshire, 20% to New York, 6% to Massachusetts, and 4% to Florida.
Grant Distribution by State
Share of all 111 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
536 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| BRANTWOOD CAMP Peterborough, NH | UNRESTRICTED | $100,000 |
| COMMUNITY FOOD BANK OF NEW JERSEY INC Hillside, NJ | UNRESTRICTED | $40,500 |
| ENVIRONMENTAL DEFENSE FUND New York, NY | UNRESTRICTED | $25,000 |
| FOUNDATION FOR MORRISTOWN MEDICAL CENTER Morristown, NJ | UNRESTRICTED | $25,000 |
| THE METROPOLITAN OPERA New York, NY | UNRESTRICTED | $22,666 |
| EAGLEVISION PRODUCTIONS INC Vero Beach, FL | UNRESTRICTED | $20,000 |
| GEORGE STREET PLAYHOUSE New Brunswick, NJ | UNRESTRICTED | $10,000 |
| NATIONAL COMMITTEE ON US CHINA RELATIONS New York, NY | UNRESTRICTED | $10,000 |
| NJPAC Newark, NJ | UNRESTRICTED | $10,000 |
| SHAKESPEARE THEATRE OF NEW JERSEY Madison, NJ | UNRESTRICTED | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2025 | $444,566 | 111 |
| 2024 | $306,550 | 111 |
| 2023 | $286,017 | 107 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,453,863 | $3,379,148 | $2,848,984 |
| Revenue | $559,260 | $893,216 | $299,178 |
| Expenses | $510,545 | $363,052 | $349,734 |
| Qualifying Distributions | $447,984 | $310,225 | $291,892 |
| Net Investment Income | $509,651 | $843,939 | $253,337 |
| Distributable Amount | $445,329 | $457,076 | $427,721 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Thomas H. Kean as president and trustee; Thomas H. Kean Jr. and Reed Kean as vice presidents and trustees; and Alexandra Kean-Strong as secretary, treasurer, and trustee.
The Kean Foundation Inc is led by Thomas H. Kean, President & Trustee on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas H. Kean
President & Trustee
On filings since 2020
1 hr/week
No compensation reported
Alexandra Kean-Strong
Sec'y, Treasurer & Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Reed Kean
Vice President & Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Thomas H. Kean Jr.
Vice President & Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: Co Mccabe Wong 4 Gatehall Dr, Parsippany, NJ 07054
Phone: (973) 605-1040
Website: https://keanfoundation.org
Frequently asked questions about The Kean Foundation Inc
How much does The Kean Foundation Inc give each year?
The Kean Foundation Inc gave $445K across 111 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $307K across 111 grants.
What is The Kean Foundation Inc's typical grant size?
The Kean Foundation Inc's median grant in 2025 was $1,000, and its average grant was $4,005, across 111 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Kean Foundation Inc that year got $2K on average.
Where does The Kean Foundation Inc give grants?
The Kean Foundation Inc's top state is New Jersey, with 38% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New Hampshire (23%) and New York (20%). The most frequent recipient cities were New York, NY (15 grants), Fishers Island, NY (7 grants), Morristown, NJ (6 grants) and Westfield, NJ (5 grants).
Does The Kean Foundation Inc give general operating support?
Yes: 100% of The Kean Foundation Inc's 2025 grants with a stated purpose (111 of 111) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Kean Foundation Inc's largest grantees?
The Kean Foundation Inc's largest 2025 grantees include Brantwood Camp ($100,000), Community Food Bank of New Jersey Inc ($40,500) and Environmental Defense Fund ($25,000), according to its 2025 IRS Form 990-PF. Together they received 37% of its itemized 2025 grant dollars.
How large is The Kean Foundation Inc?
The Kean Foundation Inc reported $3.5M in total assets on its 2025 IRS Form 990-PF. It paid out $448K in qualifying distributions that year, against a required minimum of $445K (roughly 5% of its investment assets).
What does The Kean Foundation Inc fund?
No mission statement for THE KEAN FOUNDATION INC is provided in the available information. Its 2025 grants show support for organizations working in areas including food assistance, health care, environmental protection, theatre, youth outreach, and wildlife conservation. For example, Community Food Bank of New Jersey describes its work as addressing hunger and its root causes in New Jersey. The Foundation for Morristown Medical Center says it uses philanthropy to advance patient care, clinical…
How do I apply for a grant from The Kean Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Kean Foundation Inc's EIN?
The Kean Foundation Inc's EIN (Employer Identification Number) is 22-3697400. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Kean Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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